Unit Statistics in RPM –
A quick overview of the Billing Codes functionality –
This video demonstrates unit statistics, showcasing how rental, sales, and service data are tracked to calculate margin and ROI in RPM. It highlights utilization rates, revenue streams, and cost tracking, and demonstrates drill-down insights into source documents and posted invoices.
Unit Statistics
In this video, Tom from Suite Engine walks us through the powerful RPM Unit Statistics feature, showcasing how it helps businesses make smarter decisions about their equipment.
At the heart of the demonstration is the RPM Unit Card, which represents a specific piece of equipment—like the Caterpillar 420 E Backhoe shown in the video. This card aggregates all transactions related to the unit, including rentals, service, purchases, and sales, and presents them in a clear, data-rich format.
Key Highlights:
- Utilization Tracking: See how often your equipment is being used, with comparisons to previous periods. For example, the featured unit shows a 44% utilization rate.
- Revenue Breakdown:
- Rental Revenue: View detailed entries including billing codes, contract links, and invoice access.
- Charge & Meter Revenue: Track additional charges like excess usage.
- Service Revenue: Drill into parts, labor, and work orders tied to customer service.
- Cost Analysis:
- Purchase Costs: Includes delivery, shipping, and acquisition expenses.
- Charge & Service Costs: Mirrors the revenue side, showing what it cost to deliver those services.
- Unit Costs: Captures third-party service expenses.
- Depreciation: Automatically integrated if the unit is stored as an asset.
- Profitability Metrics: The system calculates margin and ROI by subtracting total costs from total revenue, giving you a clear picture of each unit’s financial performance.
- Reporting Options: Beyond the on-screen drill-downs, users can generate the RPM Unit Margin Report for a side-by-side comparison of multiple units in a printable format.
This feature-rich tool is designed to give you full visibility into your equipment’s performance, helping you decide whether to keep, service, or retire a unit based on real data.
RPM by Suite Engine
RPM by Suite Engine is a comprehensive DMS built within Microsoft Dynamics 365 Business Central, designed specifically for companies that rent, sell, and service equipment. It streamlines operations by integrating rental management with financials, inventory, service, and customer engagement.
Core Capabilities
- Rental Management
- Manage short- and long-term rentals
- Track rental contracts, availability, and utilization
- Automate billing and invoicing
- Service & Maintenance
- Schedule and track planned and reactive maintenance
- Log service history and work orders
- Manage parts, labor, and technician assignments
- Asset Tracking
- Monitor equipment lifecycle
- Track usage via meter readings and service intervals
- Maintain detailed unit records
- Financial Integration
- Seamless integration with Business Central’s accounting
- Real-time cost tracking and profitability analysis
- Customer & Contract Management
- Centralized customer data
- Flexible contract terms and pricing models
Benefits of Using RPM
RPM Helps Equipment Dealers:
- Reduce equipment downtime
- Improve service efficiency
- Ensure compliance with maintenance schedules
- Gain visibility into asset performance and profitability
- Learn more about RPM.
- Get the App on Microsoft AppSource or request a personalized demo!
- Have questions? Discover more in our RPM Knowledge Base.
Related Video: Billing Codes in RPM
