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Rental Asset Management

The Heavy Equipment Rental GM’s Checklist: Choosing Rental Asset Management Software That Maximizes Fleet Performance and Maintenance Control

Heavy equipment rental operations are highly complex. The value of every piece of equipment is tied to its use and ROI.   A fleet cannot be operated based on assumptions. Real numbers on accurate utilization rates, equipment uptime, maintenance costs, and revenue per unit are essential for determining whether the operations are yielding benefits and your […]

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Understanding Equipment Depreciation: Methods, Challenges, and Best Practices

Imagine this: it is the end of the quarter, and you are auditing your rental equipment. You discover that the excavator generating the most revenue is unexpectedly unprofitable. The equipment has been generating higher-than-expected expenses, draining your profits without you even realizing it. You dig deeper into it only to discover a blind spot: poorly

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Understanding Rental Equipment Procurement in Construction

Procuring construction equipment is a critical component of any construction project.  As a construction rental business, you should make informed decisions when choosing the right equipment, tools, skills, and people for your construction projects and construction workflows. A wrong or misaligned procurement process and method can drive up costs, delay timelines, and negatively affect your

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