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AscentERP Rental Features

A native Force.com application brought to you by AscentERP

Rent, loan and send out demo equipment.

Main Features:
  • Periodic or event rental
  • Trade Agreement
    • Set specific and automatic discount or price by item, group, quantity
  • Manage the rental duration with ease
    • Daily, weekly, 28 day, monthly, yearly, event
  • Convert quotes to a rental or sales order
    • Purpose, period, duration, delivery date out, return date in, event start date, event end date
  • Plan the availability to rent by a specific time frame
    • Rental Master shows potential and actual rental activity (ins and outs)
  • Rental Return Order
    • When the rental order is packed, a rental return is automatically created and linked
  • Rental Purchase Order
    • Used to bring in additional inventory (on a borrowed basis) to cover rental needs, the inventory is then returned when the client brings back the items rented
enterprise solutions

Standard AscentERP product package supports the following functions:
  • User Configurable Rules
  • Create Sales Orders with complete inventory visibility across all locations
  • Purchase Orders with detailed explanation and item description
  • Bill of Materials (multi-­‐level)
  • Trade Agreements
  • Serialization control
  • Lots/Batch control
  • Quotations and Sales Orders directly into Opportunities and from Accounts
  • Receiving
  • Put Away
  • Movements
  • Cycle Count
  • Picking
  • Packing
  • Shipping
  • Multiple item locations
  • Ability to assign items to lots
  • Various reports for each function
  • Return Material Authorization
  • Bar Code Printing
  • Wireless bar code scanning
  • Item Transfers
  • Unit of measure with conversion rates
  • Tax Code
Type:
  • Native Force.com application
  • Managed package
Other System Requirements:

Ascent Rental requires AscentERP main package to be installed in the org before this extension can function properly.

Real life Project Implementation

International scaffolding company needed a rental management solution that was cloud based and that could be implemented in a short amount of time. They needed a scalable inventory management system that would allow them to track a rental job from beginning to end.

Quote:

Starting from the “Rental Opportunity Line” and by simply clicking on create quote. The quote is automatically linked to an opportunity. If the quote is accepted then it is converted to a Rental Sales Order (SO), a project for services is created. Now a SO, the quote is changed to converted.

Delivery:

All work is conducted on the SO. Once the order is packed, the scaffolding delivers to the job site. The driver updates the SO as delivered, which triggers an e-­‐mail to the rental manager, he also can view a list of delivered orders with his Ascent SO list view.

Rental Return:

When it is time to return the rental equipment, they simply go into the SO and click on rental return. The inventory is moved back into the warehouse or to another job location.

Invoice:

The invoice for the rental order can either be generated once the order is packed or after it is delivered. The invoice is generated and passed off to accounting. The process would be automated with Ascent‐Financial Force integration.

AscentERP also supports RFID technology.

  enterprise solutions






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FEATURED PRESS RELEASE

Happy to Make the Cover of Manufacturing Technology Insights

CLICK HERE TO READ FULL STORY 

Inventory models for calculating reorder points and optimal order quantities have been in existence long before the dawn of software era. When the first affordable automobile, Ford Model T was rolled off the assembly line, manufacturers were already reaping the financial benefits of inventory management by determining the answers to ‘When to deliver?’ and ‘How many to deliver?’ However, it seems an irony today—in the days of advanced information technology—that many companies are still not taking advantage of these fundamental inventory models. Organizations tend to have several systems to manage their business and often run their entire operations on excel spreadsheets which make activities such as assets tracking, equipment scheduling, or documenting essential incident details, snowball into their biggest headaches. This is a challenge that was comprehended beforehand by AscentERP. Co-founded by industry veterans Michael Trent, CEO, Shaun McInerney, President, and Akbar Rafiuddin, CTO—who bring years of experience in manufacturing, sales, and technology space respectively—AscentERP came in as an assistance stick for manufacturers who were struggling to position their next level of growth. In the course of their initiative, AscentERP found a perturbing obstacle: the silos and boundaries created between the business and IT by the existing ERP tools within organizations.

Through its AscentERP application, the company today breaks down the communication barriers in an organization and gets everyone on the same page. With an aim to support a flexible, sustainable, and extensible mentality, and also the warehouse and production floor, AscentERP provides an environment of collaboration—creating greater enterprise responsiveness, agility, and speed. Organizations using AscentERP don’t have to configure their processes based on the tool, as the firm delivers a flexible solution which can adapt and evolve according to the business processes that are already in place. “With AscentERP, inventory management doesn’t have to be a time-consuming, complex process. Companies can save resources that can be utilized to innovate products in accordance with dynamic market requirements,” says Rafiuddin. Along with its collaborative and enterprise-responsive capabilities, AscentERP also provides advisory services that present organizations with better implementation of workflows and processes.

Powerful Inventory Management Application

AscentERP is a cloud-based application that allows clients to manage their manufacturing supply chain in a revolutionary way. It enables end-to-end inventory tracking, right from raw materials or outsourced components to finished products over multiple locations. The clients benefit from instant access to inventory numbers across warehouses, broken out into any variation, with any set of details to get products to customers before anyone else.

CLICK HERE TO READ FULL STORY
 

INFOGRAPHICS

revival of our nation's core competency, manufacturing

Ascent is excited to exhibit at this years American Rental Association trade show.
February 19 -21 in New Orleans. http://www.therentalshow.com/
Booth 2469 please come and visit.
 

APPEXCHANGE TOP 23

Sales Force App Exchange
"We are a complex eCommerce, B2B and B2C operation with ingredient based products that require lot tracking. We thoroughly researched many ERPs on the force.com platform and decided on Ascent because of good user references, feature list, and flexibility."

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