Rental companies need to constantly evaluate their Key Performance Indicators (KPIs) in today’s competitive landscape. It’s important to know your KPIs so you can benchmark yourself against your peers in the rental industry.
Though you may benefit from favorable market conditions, operational excellence and efficiency doesn’t just happen overnight. Management must still rely on people, processes and technology to streamline operations and improve profitability.
This eBook discusses how top-performing rental companies track, forecast and analyze three KPIs groups, including:
- Equipment utilization and maintenance history/costs
- Operations performance of your processes and technology
- Customer contracts, reservations billing, and revenue
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