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Odoo OpenERP Rental Management System

Rental Management is need of requirement for organizations which deals with the products, equipments, assets rented to the customer

Pragmatic Techsoft had developed a vertical / business solution which takes care of this requirement to cater service organizations to rent the equipments, product of every industry includes a feature of rich package that provides you with reliable functions to manage your day to day business.

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Rental Management

This module Managed which deals with the products, equipments, assets rented to the customer for specific time and get the returns after the tenure is over.

Rental Management is need of requirement for organizations which deals with the products, equipments, assets rented to the customer for specific time and get the returns after the tenure is over. Moreover they need to track their repair and maintenance along with the serial numbers and financials involved during the lifetime of the rented period.

Pragmatic Techsoft had developed a vertical / business solution which takes care of this requirement to cater service organizations to rent the equipments, product of every industry includes a feature of rich package that provides you with reliable functions to manage your day to day business. This Rental Management is implemented in Odoo – Odoo OpenERP along with integrated functionalities of warehouse, RMO, recurring billing, payment tracking, follow ups etc.

It also facilitates to analyse the equipment or product ROI based on Total Rent Collected for a specific period which is updated based upon the payment received against the invoice raised.

Featured Industry Types

Pragmatic Rental / Loan Management facilitates some of the following

  Aerial Equipment Rental

  Construction Equipment Rental

   Portable sanitation Rental

   Pump and Power Rental

   General Rental

   Machines and Maintenance Equipments Rental

   Preventive Maintenance

   Service Management

Different features of the Pragmatic Rental Management

Our industry have diversified faces and landscapes, so considering that Pragmatic’s Rental Management is flexible enough to handle rental business both small and large in every industry. We at Pragmatic had considered following key components of the Rental business and divided into

  Rental Operations

  Repair and Maintenance

   Warehouse and Inventory

   Back office operations

Easy configuration of hostel structure

Rental Operations Repair & Maintenance Warehouse & Stock Back Office Operation
Managing the Rental orders, quotes Managing the work orders / Repair orders Managing the products for Rent or Loan long term Managing the required masters
Rental Contracts and Reservations Managing the repair parts, inventory moves Managing the serial no tracking for rented products Managing terms and conditions
Email / Print multi-format contracts Replacing the faulty products with alternate one Managing the Product status for real time inventory track Recurring invoicing based on agreed terms
Managing the rental and billing period Track history of product / Equipment/ asset repaired Replace and repair parts, refunds Payment follow ups
Managing the rental and billing period Track history of product / Equipment/ asset repaired Replace and repair parts, refunds Payment follow ups
Loan the products/ assets for long term Tracking History of the rented products / equipments / assets Managing Total rent and Total expense
Rental and loaner agreements PDF output Refunds and replacements
User rights and security management

Typical workflow in Pragmatic Rental Management

Rental management follows the standardised workflow to manage each aspect of the business right from quotes
to inventory allocation to billing to payments.

Typical workflow in Repair and Maintenance

Repair and Maintenance of the products/ equipments/ assets which put up on rent can be done on site or off site depending upon the situation and service desk and typically it creates the stock moves accordingly.

During the repair and maintenance service guys can search by serial number to pull the information related to the product / equipment which comes for repair. One can add parts to be used up during the repair and also invoicing can be done based on the agreed terms and conditions with the customers.

Dispatch rental product

Quant rec for rental product

Rental monthly invoice

Rental order view

Rental product

Rental subcription

Replace rental product