Are your employees wasting time on non-profitable tasks?

The saying, “Time is money” is truer today than it ever was. Achieving operational efficiency is not only important for a business, but crucial for its long-term survival. To achieve operational efficiency, time management is of the essence.

Unfortunately, despite modern advances, research shows that the average worker spends 51% of every workday on low to no-value tasks. Low to no-value tasks are defined as activities that don’t make a meaningful contribution to a business’s goals or vision. Often these tasks are repetitive or redundant, such as taking inventory or managing a fleet of IT assets.

Renting IT assets solves this time-consuming, resource-intensive task for a business, especially if they choose a company such as RentWorks as their IT asset finance solution specialist.

Rental asset management made easy

RentWorks customers have the value-added option to use the REAM solution for effective IT asset management. REAM, which stands for Rental Manager and Enterprise Asset Management Service, enables companies to efficiently track and manage rented assets in a cost-effective way. With a fully customisable dashboard, Rentworks customers can easily access REAM via a secure webportal on a computer or mobile phone, making it ideal for both on-site employees and those who work remotely or travel for business frequently.

Developed with cutting-edge technology and security measures, REAM is the perfect fit for companies that want hassle-free, straightforward, and holistic asset tracking and inventory management. The seamless integration with new customers’ existing data systems and processes is another big plus, as businesses don’t have to learn a complicated new tool – they simply feed their existing information into the online system.

Real-time tracking, real results

With live, real-time data and historical data at the click of a button, the REAM solution also provides best practice guidelines on items that need attention from RentWorks customers, including:

• Asset classes
• Contract expiration dates
• Contracts and contract numbers
• Rentals due
• Extract reports

Real-time information of an asset environment gives customers the ability to make informed decisions without delays. This means the business can use assets for their intended purpose, use the asset in the location intended, and by the person or department that needs to use the asset. This, in turn, translates into the best possible return on investment and workday time management.

If you have been searching for a flexible, cashflow-friendly IT solution that offers you peace of mind, boosts time management, and streamlines your operations, give the RentWorks team a call and ask about the REAM solution on +27 11 549 9000. Remember to follow the RentWorks LinkedIn page for the latest on asset finance solutions.