Invoices due 01 April 2020

Please note that our entire team will be working remotely during the lockdown, so it will be business as usual. Should you require any assistance or information, please do not hesitate to contact your RentWorks representative via email or mobile, alternatively please email finance@rentworks.co.za

COVID-19: RentWorks Update

During this difficult and uncertain time, our thoughts and prayers are with the members of our global and local community that are directly impacted by the COVID -19 Virus.

A calculated vision for the future

After many years’ experience working in the financial sector, Benny Padachie, Chief Financial Officer (CFO) at RentWorks, believes that the key to achieving sustainable growth is financial integrity. Here is more about the man behind the title.

21 Years of growing Africa’s leading rental solutions legacy

Since its humble beginnings in a small office in Sandton, RentWorks has evolved into the largest independent asset rental and management company in South Africa, with plans to expand to countries such as Namibia, Botswana, and Mauritius.

RentWorks – Revitalised!

To end the year on a high note, we gave our website a refresh and brand-new global handle. The new website boasts a sleek look-and-feel, with additional features and a customer-centric design.

Flexible, scalable, and cost-effective rental solutions now available in Namibia

RentWorks, the largest independent asset rental company in South Africa, is relaunching its Namibian office. RentWorks has been providing companies with asset rental solutions for more than 20 years, acquiring numerous satisfied customers locally. The Namibian branch sees the company extending its reach beyond the borders of South Africa to tap into new growth markets.

Taking the burden out of asset management and tracking

In today’s fast-paced technological environment, data makes up most of all business processes. But capturing data correctly can be tricky, thanks to the different “silos” that often exist in businesses, such as the procurement, IT, management and legal departments.

Does your business comply with IFRS 16?

On 1 January 2019, IFRS 16 Leases replaced IAS 17 Leases and related interpretations, which is now applicable to South Africa’s annual reporting periods.

Why SMEs are shifting towards pay-per-use models

More and more businesses are moving towards the flexibility of pay-per-use models, also called consumption-based models or subscription models. These models charge customers for specific usage of a product or service.

The commercial implications of acquiring new equipment

As a small-to-medium-sized business owner who is in the market for new equipment, you will have carefully considered the type and specification of the assets you require and from whom those assets will be purchased (see further detail in article one of this three-part series).