ERP for Material Handling Equipment Rentals

NetSuite is the ideal cloud-based ERP system for equipment sales & leasing companies
such as those offering tractors, trailers, trucks, stackers and more.

The industrial equipment industry is far behind when it comes to digital adoption. In fact, Keystone Strategy lists the industry in the bottom quadrant when it comes to digital maturity. Fortunately, adopting a cloud-based, total business software like NetSuite will allow you to transform your company into a tech-forward organization that’s lean, agile, and ready to scale.

NetSuite Overview

NetSuite is an Enterprise Resource Planning (ERP) software used by tens of thousands of fast-growing organizations across the globe. That platform consists of a suite of applications that help companies increase efficiency, streamline operations, improve visibility into KPIs, and manage practically every aspect of their business.

NetSuite’s core offering provides solutions for financials, CRM, e-commerce, inventory, HR and more with countless modules, third party applications and customizations available giving you total control of your business. Plus, it’s device agnostic and mobile friendly so you can run your operations and access your data from anywhere in the world.

Key Features of NetSuite

Financial Management
Global Business Management
Accounting Management
Inventory Management
Order Management
Supply Chain Management
Warehouse Management

Why NetSuite for the Materials Handling Equipment Industry

Apart from being the world’s leading cloud-based ERP system, NetSuite has key benefits within the industrial equipment industry that make it a top player in the space.

Configure Price Quote (CPQ)

If your equipment can be configured before a customer purchases or leases it, giving the customer a good idea of the visual aspects as well as costs and features of the custom configuration is essential. NetSuite’s CPQ module allows your customers to configure the products with the customizations they need, while enjoying an accurate depiction of the final product and costs associated.

NetSuite WMS

NetSuite’s powerful Warehouse Management System module allows you to run all your warehouse operations from a single system. From managing the supply chain and vendors, to coordinating shipments, to order processing, you’ll gain a robust WMS system right at your fingertips.

SuiteApps

NetSuite’s SuiteApp store consists of hundreds of applications that further customize your NetSuite instance to fit your unique needs. Many of the applications are capable of replacing your current software vendors, while being cost-effective and quick to adopt.

Next Service

If you have field service operations, delivery trucks, or other mobile assets, you’ll be able to benefit from a direct integration between NetSuite and popular field service software such as Next Service. From tracking inventory in the field, to monitoring trucks utilizing GPS, you’ll have the tools you need to run a mobile operation.

Integrations

There may be third party software that you want integrated with your ERP system. Fortunately, NetSuite has extensive integration capabilities ranging from native integrations to custom built ones. From barcoding software like RF-SMART, to Bill.com or 3PLs, NetSuite can be tied to business essential software for 2-way, real-time data flows.

Lease Accounting

By integrating with lease accounting software such as Netgain, you’ll be able to seamlessly manage lease compliance, advanced fixed assets, loan management and more.

Visibility

NetSuite makes reporting a breeze through a combination of saved searches, dashboards, reports and workflows. The easy-to-use interface means anyone on your team can quickly and easily pull up the information they need, when they need it.

Schedule A NetSuite Demo Today

ScaleNorth’s Value Adds for Material Handling Equipment Companies

ScaleNorth’s Custom Rental Equipment Management Solution

Having extensive experience in the material handling equipment sales and leasing space, ScaleNorth has built out custom solutions allowing businesses to better track depreciation, usage, availability, CPQ capabilities, and more.

Dunning for NetSuite ScaleApp

ScaleApps are applications built by ScaleNorth, and available on NetSuite’s SuiteApp store. With ScaleNorth’s Dunning ScaleApp, you can automate the collections process with customized dunning letters out of NetSuite.

ScalePay

The ScalePay ScaleApp simplifies the acceptance of credit card payments, while utilizing intelligent workflows for payment processing, reducing the time to close the books, and decreasing associated credit card fees.

Rental Benchmark Rate Data

ScaleNorth can configure integrations with benchmark rate & utilization data providers such as Rouse Analytics, allowing you to pipe accurate, actionable information directly into your NetSuite instance.

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When selecting an ERP system, it’s important to choose a platform that fits your unique industry needs, while also choosing an implementation partner that knows the pain points and underlying strategies of your business.

ScaleNorth helps industrial equipment firms implement NetSuite ERP while tailoring it to their business and taking a consultative approach on best practices.

This transforms your business from one relying on spreadsheets and manual data entry, to a cloud-based and tech-savvy company that is primed for growth.