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EQUIPMENT MANAGEMENT

Seamlessly and effortlessly provide clear visibility of all equipment.

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Improve the capabilities of equipment
management within your dealership.

Know what is on order and when it is due at your facility
Accurately review your cost basis in any piece of equipment, work tool, or attachment
Your financial and operational information is 100% accurate and current. You will no longer need to rely on interpreting disparate data to arrive at a conclusion
Significantly reduce inventory carry costs by having equipment available at the proper location at the right time with the correct configuration

Our solutions are built with the following modules for equipment management

Manage the following fleets:

  • New equipment
  • Rental fleet
  • Customer equipment population
  • Used equipment
  • Competitive
  • Lease
  • Used rental
  • Used lease
  • Re-rent
  • Consignment
  • Like-kind exchange
  • Service trucks

Track all equipment costs including but not limited to:

  • Acquisition cost
  • Capital additions
  • Capital reductions
  • Depreciation earned
  • Rental revenue
  • Warranty expense, reimbursement, and net cost
  • Expensed repairs
  • Gross rental revenue
  • Warranty (base and extended)
  • Service contract
  • Product support
  • Interest income
  • Drill down to the transaction level to review every step in financial history
  • Analyze equipment sales, compare planned versus actual cost items, and investigate margins by deal or by machine category (NAXT365 Power BI Report Package)

Allow insight into equipment cost and revenue during different stages of the lifecycle, such as:

  • Rental fleet
  • First retail sale
  • Trade into used equipment fleet
  • Second retail sale
  • Interest income
  • View equipment, work tool, and attachment inventory by make, model, branch, location, etc.
  • View all branch locations at a glance, at a summary level with detailed drill-down capability to see attachments (work tools), hours, etc., on specific units
  • View by type (e.g., hydraulic excavator, crawler dozer, wheel loader, hydraulic hammer, rock bucket, etc.)
  • View availability and generate sales quote/order, rental quote/contract, service calls from equipment availability
  • Machine and engine pricing list
  • Machine ordering
  • Engine ordering
  • Score
  • Order transportation visibility
  • Track equipment inventory by inventory dimensions, including configuration, site, warehouse, location, fleet type, serial number, and equipment ID
  • Assign barcode to equipment
  • Track inventory value per equipment ID and adjust it with additions and credits over the equipment multiple lifetimes
  • Build and maintain equipment configuration (consist) freely or based on the vendor pricing list. Handle sales, purchase, and inventory consist
  • Track and manage actual consist and consist changes of the equipment in inventory
  • Build sales quotations for equipment deals – including one or multiple prime products with consist, attachments, bulk items, and services (e.g., freight, warranty, specific or generic service work)
  • Quote a model or specific equipment (serial number) • Build a new configuration in the equipment builder or use a configuration template
  • Build the quotation with templates (e.g., cost template, configuration template, full quotation template – or using previous quotes)
  • Build deal with estimated real costs; calculate sales prices from cost with a margin added or use predetermined sales prices (currencies are handled)
  • Apply for marketing programs • Include trade-in offers
  • Review different kinds of costs, revenues, and margins easily
  • Manage sales orders from signing the quote till invoicing
  • Track due dates and the status of delivery during the whole business cycle, from the purchase of the units through the service works and preparation until the machine gets delivered
  • Gain visibility of possible delays with using the conflicts review
  • Purchase equipment for inventory or sale
  • Create backorder from sales order
  • Create model-specific standard jobs that include parts, items, tools, hours, etc. to save time building equipment sales related service calls
  • Generate service calls from the sales quotation or from the sales order to initiate work orders
  • Track service costs on the prime equipment as part of its book value or its preparation cost depending on the nature of the work
  • Handle outbound, inbound, and store to store equipment movements related to rental, sales, service, and Power System processes
  • Include one or more trade-ins in a deal. Deduct the trade-in value from the customer invoice amount or process a vendor invoice from the customer with the trade-in value
  • Register the trade-in unit as used equipment, see history together
  • Automate trade of equipment between subsidiaries or distribution centers
  • Generate sales and purchase orders for equipment manually or automatically across subsidiaries
TANGIBLE BUSINESS BENEFITS

With NAXT Solutions, it's easy to see your return on investment.

Benchmark your departments and branches

With a single system and unified processes, you can monitor and rank your branches, locations, or service shops, enabling you to control best practices and implement them everywhere. It also allows you to reward actual performance and maintain organizational agility.

Watch your profitability

NAXT collects all costs and revenue information on each piece of equipment, regardless if it is in the new, used, or rental fleet. Furthermore, service costs and revenue are tracked to the machine, so any equipment has a holistic financial view.

Retain your Qualified Workforce

A valuable and intuitive system can add to a technician’s capabilities by reminding them with checklists, optimize operations through dynamic workspaces, and speed up onboarding. The system will not replace experience but will enable those with less experience to follow correct procedures based on specific circumstances.

Keep up with the growth in equipment rental

To make equipment rental profitable, you must consider financing costs and depreciation, among other expenditures, and compare those to revenue. Based on this information, executives and rental managers can decide which type of equipment and service they should invest in when extending their rental portfolio.

Our Solutions

Dealer Operations

End-to-end solution for heavy equipment dealers that brings together an ERP suite with a unique set of industry-specific operational business processes.

Dealer Operations

The only customer engagement solution your dealership will ever need.

Customer Engagement

Our Solution Partners represent the leading edge of their respective areas of expertise

Partner Ecosystem

We can manage the processes of various industries from heavy equipment dealerships to materials handling companies

Industries

Start using NAXT as your digital transformation platform and begin delivering innovative solutions for your customers.

Schedule a Demo

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