6 Must-Have Features for Any Rental Software

When we talk about rental software, there are plenty of options available on the market. But how many of these can be rated just perfect overall? Rental software can perform a wide range of tasks, including scheduling rentals, managing inventories, and renting out plants. But, when people look to search for the best online rental scheduling software, the most affordable plant rental software in Australia, or the finest overall rental software near their location, they rarely find an ideal option. 

In this blog post, we'll talk about rental software features that are desirable from the user's perspective, and, in the end, we'll give you one excellent recommendation too. Without wasting any time, let's dive into the desirable features of rental software:



1. Provide Real-time Information to users

To provide the user with the most up-to-date data, the rental software should be able to provide real-time information. This way, the user can be sure that they are getting the most accurate information available. There are several ways to provide this information, but the most important thing is that the user can easily understand it.

There are many different pieces of information that could be considered in real-time, but some of the most important ones are the current status of the rented equipment; the location of the rented equipment; their pricing; information about the equipment rented out; payment details, and so on. With this information, the user can make informed decisions about their rental.

Real-time information is crucial for making sure that the user is getting the most out of their rental software. Without it, the user may not be able to make the best decisions for their rental business.

2. Accessible Anywhere

Whether we talk about the best affordable plant rental software in Australia or any other type of rental software, users wish to have access to the rental software regardless of where they are. It should ideally be cloud-based and compatible with both PCs and mobile devices. This enables the user to check it and make use of the features available in it from anywhere.

Another essential feature is that the rental software should be available in a mobile application with high-quality security features. It helps users to keep a check on the proceedings from their smartphone screens.

3. Payment Capabilities

When looking for rental software, you'll want to consider its payment capabilities. Does the software offer online payments? What types of payment methods are supported? These are all important questions to consider when choosing rental software.

Another important thing to consider is whether the software integrates with your existing accounting software. This can make it much easier to track rental income and expenses. Additionally, it must be safe for users to send and receive payments. Moreover, the rental software should present the information in a clear and orderly manner, so that neither the business nor the individual user is ever in any kind of ambiguity.

4. Inventory Tracking

An important feature to look for in rental software is its inventory tracking capabilities. This feature will allow you to keep track of your rentals so they can see what items are currently being rented out, where they are being rented out, what is available, and what needs to be restocked. The inventory tracking feature is generally enabled by the GPS tracking feature integration in the rental software.

Inventory tracking is a crucial part of running a rental business, as it helps you keep track of your inventory and ensure that you always have the items your customers need. Without this feature, it would be very difficult to keep track of your rentals and manage your business effectively. Scheduling is another very important part of inventory management in rental software. The best online rental scheduling software can perform the tasks of manpower scheduling and equipment allocation and, importantly, carry out these tasks automatically.

5. Handling of Orders

While many features make up good rental software, one of the most important is its order handling. This includes everything from taking and processing orders to managing returns and cancellations. Good rental software will have a smooth and efficient order handling system that makes it easy for both customers and businesses to manage their rentals.

Order handling is a critical part of any rental business, so it's important to choose a rental software that has a robust and user-friendly system.

6. Ease Of Use And Intuitive Design

Users of rental software also value the ease of use and intuitive design of the software. This is because rental software is often used by people who are not familiar with computers and need to be able to use the software without a lot of training. Additionally, because rental software is frequently used in time-sensitive, high-pressure situations, having an intuitive user interface can make the difference between a successful rental and a failure.

Conclusion

In this post, we have shed some light on some of the desirable features that users need in rental software. Since the rental industry is not limited to only equipment, and it has various types of applications, such as plant rental, machinery rental, software rental, etc. The above set of features is a summary of features that are suitable for most of the rental industry. If you are looking for the ideal rental software, we recommend that you go for “CloudRent equipment rental software." It is available via a mobile application and it is one of the most affordable plant rental software in Australia.

Comments