Ramco Systems, the leader in Enterprise Applications, announced today the newest suite of software for Enterprise Equipment Rental Management (ERM) for the rental and leasing industry.
The ERM solution encapsulates the Best and Next Business practices of the rental industry enabling equipment rental providers to optimize equipment utilization, eliminate non-performing assets, and improve operational efficiencies of the supply chain, planning processes and accounting support functions.
Part of Ramcoâ€™s Enterprise Corporate Solution Suite, Equipment Rental Management empowers customers to track equipment utilization in real-time, analyze revenues and control operational costs at all levels. The full featured solution encompasses all functions of the enterprise including; Rental Operations, Asset Maintenance, Supply Chain Management, Equipment Acquisition and Divestment, and Financials. Supported by a flexible delivery and deployment model, customers can experience a faster time to benefit, low cost of acquisition and low total cost of ownership.
â€œToday we are providing a comprehensive solution to address the needs of the equipment rental industry. The products available on the market today address only one dimension of the business. Ramcoâ€™s solution offers full Enterprise Class functionality, combining requirements specific to all dimensions of the rental industry, standard support functions, and an advanced technology platform to deliver the desired benefits in an affordable manner,â€ said Jim Fitzgerald, President of Ramco Systems Corporation.