Running a rental company involves many varied tasks, from asset management to customer interactions. To streamline these operations and enhance profitability, you need the right tools and apps for rental companies. In this article, we’ll outline the essential tools and apps required for your rental business to succeed in this competitive and ever-evolving industry.
Best Tools and Apps for Rental Companies
QuickBooks
QuickBooks is an excellent software for managing your finances. Utilizing their cloud-based platform, companies have the capability to optimize numerous routine activities and procedures. This includes overseeing bills and invoices, monitoring projects, and automatically tracking mileage using a smartphone. Integrating QuickBooks with your rental software is also simple, and can provide a seamless financial management experience.
Xero
If you’re new to accounting software and are seeking a simple and sleek user experience, Xero is the way to go. With all the right tools to manage your business’ finances, Xero takes accounting and simplifies it for the user-on-the-go. Similar to QuickBooks, it integrates well with rental management tools, allowing for efficient accounting and reporting.
WooCommerce
If your business operates on a WordPress website, WooCommerce is a valuable plugin that enables you to create a seamless online booking system. Users can set up the plugin for free and grow their online store as their business grows, without WooCommerce charging a portion of the profits.
What3Words
Like many rental businesses, delivering and collecting equipment is the heart of what you do. Often, street addresses aren’t accurate enough to specify precise locations like building entrances, and don’t exist for many rural areas. Save time on the day-to-day transport management by providing exact locations to your drivers with what3words, an innovative website that can integrate seamlessly with your rental management tools.
MailChimp
Emailing is one of the primary methods when marketing to potential and existing customers. MailChimp helps in the automation of email marketing and provides analytics on engagement to boost your marketing strategy.
TomTom Telematics
When it comes to fleet management, TomTom Telematics is a popular choice for rental companies of all sizes. It’s a handy tool that can help you optimize your fleet, track your vehicles, and save fuel. Whether you’re planning your drives, staying ahead of traffic, or keeping up with the latest road conditions, TomTom Telematics has got you covered.
While these apps for rental companies offer valuable features, the number of tools you choose for your rental company doesn’t need to be high. Quality and efficiency should be your top priorities.
If you’re seeking an all-in-one solution, the MCS Rental Software integrates with all tools mentioned in this blog (and more!), allowing you to manage your entire rental operation from start to finish.
The software offers comprehensive asset management tools, allowing you to efficiently track your equipment, schedule maintenance, and optimize your inventory. Its real-time tracking capabilities make it a valuable asset for rental companies, ensuring you have full control over your assets. Also, explore the post on how to choose rental software!
Learn more about the MCS solution here.