SmartEquipTM and Point-of-Rental Forge Partnership

SmartEquipTM and Point-of-Rental Forge Partnership

Published 04/17/2015
Source: RER Magazine

SmartEquip and Point-of-Rental Software have announced a strategic partnership to integrate their respective software platforms.

SmartEquip and Point-of-Rental Software have announced a strategic partnership to integrate their respective software platforms. This integration enables Point-of-Rental Software users to receive real-time, accurate parts and service support for more than 150 brands of equipment currently on the fast-growing SmartEquip Network, while automating electronic parts ordering from both manufacturers and their dealers.

This partnership is expected to provide Point-of-Rental users a significant reduction in equipment operating costs, while increasing fleet financial utilization and rental revenue.

Participating users will receive self-updating parts, service and repair information dynamically customized down to the individual asset number for equipment in their fleets. With SmartEquip’s network integrated into the powerful Point-of-Rental software, purchase orders and work orders are automatically and accurately populated. Rental company employees will see a reduction in their administrative effort, resulting in higher technician readiness, or a reclaiming of wrench time.

Rental companies will also see immediate cost savings because of significant decreases in maintenance, service, and repair time requirements. Higher levels of fleet readiness can increase rental revenues.

"We are delighted to extend and connect our network directly into the workflow of participating Point-of-Rental users, and we take pride in aligning ourselves with the company’s progressive management team," said Brian Rich, SmartEquip chairman and CEO. "Our companies share an unwavering commitment to creating operational efficiency, and the integration of our technologies will deliver enhanced profitability to each user."

"We are excited to be partnering with another innovative industry leader like SmartEquip," added Greg Bennett, Point-of-Rental’s vice president of sales. "By combining their value proposition and our lean office application, rental companies stand to gain a significant edge in a competitive market. Through this partnership, we look forward to further enabling rental companies to operate more efficiently."

"With the first group of mid-market rental companies now having gone live on SmartEquip (such as Rental One, Durante Rentals and Able Equipment) there is validation that our system brings value in that context, which meets or exceeds (on a per-fleet-investment basis) the value reported back to us by the large national accounts," said Alex Schuessler, SmartEquip founder. "SmartEquip has long been very excited about the tremendous value potential of connecting with leading RMS providers; their existing and future users can use SmartEquip, right ‘out of the box,’ thus connecting with the suppliers of their equipment. The Point-of-Rental leadership team very much shares our excitement."

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