If you have a company that uses heavy construction equipment you may not always have the equipment that you need for certain jobs. Instead of buying this equipment to save money you can rent it. This is especially beneficial if you will only use the heavy equipment for certain types of jobs. Below are three tips to help you with your rental.
Use an Independently Owned, Small Rental Company
You have the option to choose a large equipment rental company, but you will also have independently owned and small rental companies available. In many cases, it makes more sense to use a smaller rental company.
A smaller rental company often specializes in certain types of equipment. This increases your chances of them having what you need. This is because a larger rental company may not have the same construction equipment available for you to rent. You could also use a small rental company as a second source, such as if the large rental company does not have everything you need.
If your construction company moves around a lot, you may not be able to find a larger rental company in the area you are working in. You will, however, likely be able to find the smaller rental company. These shops will also deliver the equipment to your construction site, as well as pick up the equipment when you are finished with your job.
If you have to rent a large amount of construction equipment and work in a variety of states this can become difficult for you to handle. To help you with this you can use different types of software, two of which are listed below.
Software to Monitor and Truck Logistics
You will have to ensure all equipment is delivered on time and the right equipment is delivered.
To help you with this, you can purchase specialized software that will monitor and track all rental logistics. This can prevent the number of employees you have to hire to do all of this, which can save you money.
You could either install this software at your company, or you could outsource this to a company that offers this software. This will be more expensive but can save you a lot of time.
Accounts Payable Software
When it comes to renting a large amount of heavy construction equipment, you must keep up with the rates, terms, and the invoicing. All of this takes you and your employees a lot of time. You may also make mistakes which can affect your company.
To help, you can install an accounts payable software to manage all of this for you. This also streamlines the process as everything is taken care of within the software package. This will allow you pay the invoices to the rental companies on times, to ensure you are paying the right rate, and that you send the rental company the right amount of money.
Talk with smaller rental companies, like El Camino Rental , to learn much more about what they can offer you. You should also talk to software companies that provide this software to you to learn much more about this.