Inspirria Rental Module For NetSuite enables high customer service and 360 degree view of rental inventory and transactions with full control to Service and subscription operations. It provides complete track of customer’s rental and service of an equipment and auto generates Purchase and Rental Contracts and gives complete visibility over customer Rental contracts.

Inspirria Rental Module For NetSuite enables high customer service and 360 degree view of rental inventory and transactions with full control to Service and subscription operations. It provides complete track of customer’s rental and service of an equipment and auto generates Purchase and Rental Contracts and gives complete visibility over customer Rental contracts.

Inspirria Rental Module For NetSuite, offers complete solution for Asset Renting and service operations

  • Offers automated controls to Service and rental companies
  • Auto generated MIF, Purchase contract and Rental Contract
  • Maintains Traceability of each  customer and vendor transaction of rental transaction using purchase and rental contract
  • Calculates Assets profitability from Rental items
  • Itemwise monthwise Inventory Status report of Rental item
  • Keeping track of inventory status by transferring Rental item into a separate Rental location
  • Supports Multiple subsidiary Rental operation



Key Benefits

  • Tracebility of Asset and rental transaction
  • Easy to configure item as Rental Item
  • Enhanced report of all Rental transaction
  • Full visibility of Item Purchased for Rental via Purchase contract
  • Rental contract against Rental Order and customer payment

Other Benefits

  • Provides full visibility against Rental item using Itemwise monthwise Inventory status
  • Fully automated process of creating Machine In Field (MIF) record upon Item receiving
  • Separate MIF record creation against each SKU/serial number of Item
  • Separate Rental location to avoid over Committing of Rental item
  • Real time visibility of rental stock, purchases and sales transaction with the ability to cross reference each transaction on Rental Contract and transaction history separately on MIF records


Integrated with NetSuite

  • Seamlessly Integrates with existing NetSuite ERP standard and Oneworld accounts such as Item, Customer
  • Ability to renting an Item/service using Rental Module
  • Extensibility to clasp with other NetSuite module and Suiteapp
  • Reports and searches based off Rental module to remind Rental Item to be fulfilled and received to the warehouse

Crystal view of Rental and Purchase contract transactions

  • Rental and Purchase contract cross reference, provides visibility to create number of reports and analytical data for business processing
  • Easy to define Rental configuration parameter for various business rules like: Auto Email sending reminder for Item delivery on contract expiry
  • Easy to map existing Transaction forms on Rental configuration setup for various Rental transactions like: Rental order, Rental Invoice etc
  • Less or no impacts to the standard business process running on the NetSuite account on the Daily Sales and Purchases by segregating each transaction by marking them as Rental transaction and separate Rental custom forms

Automated Business process execution

  •  Automated process of MIF creation of serialized item upon receiving item on warehouse
  • Automated process to create Purchase contract
  • Automated process of creating Purchase and Rental contract upon Rental Order and Rental item purchase
  • Receiving of rented items by validating the issued serial/MIF's on actual Rental Order

Inspirria Cloudtech is a solution partner based out of India and a partner to NetSuite since 2004. It has been awarded the best APAC partner of the year 2012 by NetSuite. Inspirria Cloudtech is also an SDN partner and has developed several add-ons to NetSuite to help customers use the product better. One of our flagship product is Inspirria Indian Taxation (IIT) which is the taxation module which helps India customers use NetSuite financials with Indian localization.

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