Rental Management is need of requirement for service organization which deals with the products rented to the customer for specific time and get the returns after the tenure is over. Moreover they need to track their serial nos and recurring invoicing for the rented period so that proper financials can be tracked and achieved.

This Rental Management is implemented in Odoo along with other functionaries integrated i.e. Warehouse, stock, recurring billing etc.

It also facilitates to analyse the equipment or product ROI based on Total Rent Collected for a specific period which is updated based upon the payment received against the invoice raised.

Features of Pragmatic Rental Management are

1. Rental order creation and confirmation with serial no

2. Delivering the product to the customer with correct serial no

3. Recurring Billing of the Rental through Subscription management through schedulers to generate invoices to customers

4. Closing of the Rent tenure to facilitate the automated incoming shipments to bring back the rented product

5. Replace the existing rented product with alternate or new product

6. Managing the Product/Asset status according to Rented or Ready for rent or New

Rental Management is need of requirement for organizations which deals with the products, equipments, assets rented to the customer for specific time and get the returns after the tenure is over. Moreover they need to track their repair and maintenance along with the serial numbers and financials involved during the lifetime of the rented period.

Odoo OpenERP along with integrated functionalities of warehouse, RMO, recurring billing, payment tracking, follow ups etc.

It also facilitates to analyse the equipment or product ROI based on Total Rent Collected for a specific period which is updated based upon the payment received against the invoice raised.

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