Today, when faced with issues like decreasing revenue and profit margins, many equipment rental companies either use default reporting generated by their ERP system or obtain information from different sources, export the data to Microsoft Excel and analyze the cause.
Both of these options are time consuming and potentially don’t address the real underlying issue.
With Sikich’s EquipInsight, decision makers can easily view disparate equipment and sales data in one place, on their dashboard, providing enhanced insights through visualization and the ability to view relationships between data points previously unconnected. This in turn increases employee productivity, drives profit margins and can help bolster revenue.
EquipInsight generates series of refreshable reports on the most important drivers that help equipment rental organizations conduct day to day business operations. It provides the ability to drill into the root cause of an issue, visualize trends and make informed decisions.
A sample of the reports included on the EquipInsight dashboard are outlined below:
Executive Report: Displays drivers that are important for executives to understand the overall health of their organization
Opportunities Report: Provides details on quote revenue generated over time for equipment
Sales Report: Analyze the net and rental revenue over time
Equipment Report: Metrics show the overall health of equipment