Key Performance Indicators (KPIs) are metrics used by managers and financial professionals to assess the health of a company. Think of KPIs as the vital signs to check on the health of a company. When a person goes for a medical checkup, the doctor will take his or her vital signs and, based on those… Continue reading Key Performance Indicators that Help You Assess Company Health
Category: Equipment Rental
Service Management in Dynamics 365 Business Central – In and Out of the Box
WD-40 is a household staple. You can use it on everything that squeaks, to remove crayon from walls, keep garden tools and bike chains from rusting, remove bugs from your car, and even loosen screws. But do you think I remember that WD-40 does all that when I can’t turn a screw? Nope, I don’t. WD-40 is… Continue reading Service Management in Dynamics 365 Business Central – In and Out of the Box
Choosing a Partner for Migrating from Dynamics GP to Dynamics Business Central
Although Microsoft Dynamics GP (Great Plains) will be around for a while, it’s clear that Microsoft is putting emphasis on development of Dynamics 365 Business Central. If you’re a GP user, you’ve probably heard of many reasons why it’s time to move to another ERP, specifically Microsoft Dynamics Business Central, and the advantages of doing… Continue reading Choosing a Partner for Migrating from Dynamics GP to Dynamics Business Central
Effective Change Management is the Key to a Successful ERP Implementation
Ask anyone who has experienced the failure of an ERP implementation the primary reason for the failure, and they’re very likely to point to poor change management. Only 54% of change initiatives succeed, which is pretty dismal, especially when you think about the impact, which not only includes not achieving results but also wasting resources… Continue reading Effective Change Management is the Key to a Successful ERP Implementation
The new normal requires the role of the CFO to change along with it
In the age of the coronavirus pandemic, we are hearing the term, “new normal” at every turn when it comes to how we operate personally and in business. It goes without saying that the pandemic has spurred the latest “new normal” – and a significant one at that. However, while these are certainly strange times,… Continue reading The new normal requires the role of the CFO to change along with it
Using Business Intelligence to Manage Your Equipment Rental Company
Running an equipment rental company is an exercise in balance; managing inventory, assets, and billing needs, are challenges that need your attention. To ensure success, equipment rental companies should be able to make smart, strategic decisions quickly. Enter business intelligence. Business intelligence capabilities allow you to turn your data into action. The advantages of using… Continue reading Using Business Intelligence to Manage Your Equipment Rental Company
Effectively Managing Rental Units with Dynamics NAV and RPM
Effectively managing all aspects of rental units (costs, depreciation, location, etc.) is one of the main pain points we hear about when talking with those in the rental industry. Companies struggle knowing exactly how well their rental units are performing. They find it challenging to find exactly where any given piece of equipment is at… Continue reading Effectively Managing Rental Units with Dynamics NAV and RPM
Rental Process Management Software Can Help Manage Equipment Maintenance
Not to put too fine a point on it, but ensuring your equipment is in top shape and able to be used at capacity is the very essence of success in the equipment rental industry. The key to ensuring success is equipment maintenance management effectiveness; being able to manage preventative, scheduled, reactive, and predictive maintenance… Continue reading Rental Process Management Software Can Help Manage Equipment Maintenance
Manage Rental Billing with SuiteEngine RPM Software
One of the most interesting aspects of the equipment rental industry is the plethora of ways in which equipment rental companies calculate and bill their clients for the rental of their equipment. Options include everything from daily utilization billing, to monthly rentals with excess usage charges, to giving a customer the best price possible based… Continue reading Manage Rental Billing with SuiteEngine RPM Software