Result Group

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rentalresult
Industry Rental/Hire & Asset Management Software (Java)
Founded 1994
Headquarters Elland, West Yorkshire, United Kingdom
Key people Derek Robson CEO
Owner(s) Result Group Ltd
Website www.rentalresult.com

Result Group has been selling a specialist rental software application: rentalresult to companies renting and managing assets, e.g., cranes, tools, heavy equipment, aerial, modular space, computer hardware and test & measuring equipment since 1994.[1] It is privately owned and incorporated in Delaware and the United Kingdom.

Markets[edit]

With customers in 26 countries across a number of different services industries including asset management, equipment rental, tool rental, accommodation rental, aerial rental, computer and electronics rental, crane rental, operated equipment (wet rental) and internal rental within the construction industry supported from offices in Elland UK, Phoenix AZ and Atlanta GA.

Technology[edit]

Result Group provides a Java based, Java EE compliant application which brings in technologies such as asset tracking systems, PDA applications, smart cards, portals and touchscreen technology. rentalresult runs on a web services based SOA platform providing connectivity to other third party applications and allowing for custom development of interactive modules.[2]

Software[edit]

The rentalresult software manages aspects of rental including order processing & fulfillment, sales management, asset lifecycle & inventory, servicing, financials and CRM. The software focuses on utilization, charging and billing methodologies, sub-rental management, accessory & attachment management, pricing and discounting strategies including on-demand pricing and full asset management.[3]

Specific modules also exist for operated equipment and timesheet management, used primarily by heavy equipment rental companies in the middle and far east, and by specialist rental companies; for example cranes, concrete pumps, large aerial equipment, in Europe and North America.

Business intelligence[edit]

Reporting and analytics provided through IBM Cognos Reportnet which is incorporated within the rentalresult license. The system provides standard reports as well as allowing customers to add their own. Reports can be provided in listing format, or as Excel, PDF, HTML, XML or other formats. The tools also allow dashboards and scorecards to be created to monitor specific details.

The rentalresult application can also be referred to as a Tier 2 ERP system with 95% of Result Group’s customers using its fully integrated financial software.

References[edit]

  1. ^ http://www.khl.com/magazines/international-rental-news/detail/item10647/Talking-software/
  2. ^ http://www.khl.com/magazines/international-rental-news/detail/item10648/Technology-matters/
  3. ^ http://www.khl.com/magazines/american-lift-and-handlers/detail/item7779/Soft-sell/