April 3, 2024
The exact number of companies that offer equipment and event rental-specific software changes as companies enter and exit the market, but today there are more than 40 companies to choose from.
To help readers navigate through the variety of options when it comes to equipment and event rental-specific software, Rental Management is producing this Rental Software Series, which will provide profiles of software suppliers on a regular basis. This month, we profile DynaRent/DealerSoft, Santa Ana, Calif.
Company name: DynaRent/DealerSoft
Company location: Santa Ana, Calif.
Number of employees: Five
Year the company was founded: 2014
Founder: Doug Potter
Current software products available: DynaRent and DealerSoft
Target customers: Rental companies and equipment dealers that provide rental services for construction, heavy equipment, scaffolding and shoring, staging and production, portable toilets and oil fields.
What makes your product “rental-specific”?: “The rental industry is broken up into different subindustries, each with some completely unique needs. DynaRent contains features specifically designed for several of these subindustries. A few examples would be construction tools, heavy equipment and equipment deals. For construction tools, DynaRent handles walk-in traffic at a rental store providing fast check-out and both sales and rentals on the same order. With heavy equipment, rental companies have equipment with hour meters that may cause additional charges for excess usage when the equipment is returned. Finally equipment dealers must have the ability to sell parts and provide repair services for their customers,” says Doug Potter, president, DynaRent/DealerSoft.
What do you believe are three key reasons an equipment or event rental company should be using rental-specific software?: “First, it does everything they need. Second, it has a reasonable price tag. Third, it runs on the web because so much activity takes place in the field such as repairs, swap-outs, early returns, etc.” Potter says.
How does your product make a rental company more efficient?: “Typically, we’re replacing two or three packages with one: DynaRent,” Potter says.
What is your most-used new feature available with your software package?: “The flexibility of making all manner of different changes to a rental order after the order is started. For example, you can return some items early, add items later and swap out anything that needs repairing,” Potter says.
What is the estimated training time needed for a new rental company employee to effectively learn how to use your software?: Three to six weeks, according to Potter.
Currently, how many rental companies use your software?: “DynaRent runs on a web-based software platform called Acumatica which has about 15,000 businesses using it. About 1 percent of those are rental businesses,” Potter says.
Why should a rental company choose your software?: “Because it does everything on one platform, and it eliminates excessive dependence on spreadsheets. One new customer told us recently that before DynaRent, they had an expression that anytime an employee identified a problem, ‘We have a spreadsheet for that!’” Potter says.
View the Rental Management Software Series library
Rental Management will profile a rental software company in each issue. This profile will include basic information about the company, a written article and a video. Click here to view the entire Software Series library of articles and videos as they are published. The videos are also available on Rental Management‘s YouTube channel, which you can find by clicking here.
ARA Rental Software Reviews available to ARA members
The American Rental Association (ARA) has created ARA Rental Software Reviews, an online tool available exclusively to ARA members via ARArental.org.
Members can access the tool by clicking here.
The tool is generated from an ongoing survey of ARA members, which asked members to rate their current rental software system as well as the importance of common rental-specific software features.
The tool includes survey results detailing features ARA members are using, features ranked by importance, market share according to reviews, software comparisons, software reviews and software feature comparisons.
Reports also can be filtered by industry segment and by the size of rental company.
