Best of breed solution for rental & asset management industry

UK business management and information systems provider, COA Solutions has announced a partnership with inspHire, a leading supplier of software solutions to the rental industry. This partnership sees the integration of inspHire's rental and asset management solutions into COA Solutions' financial management system, providing companies involved in construction, engineering, tool hire and audiovisual hire, with an integrated solution to fulfil both their accounting and rental needs.

Users will now be able to access inspHire's rental and asset management software directly from their COA Solutions system. This will allow them to more efficiently manage their rental equipment and effectively analyse and control the cost of their assets whilst streamlining their financial processes.
Users can now quickly and easily access both COA Solutions and inspHire functionality, providing them with up-to-the-minute financial and rental information such as the availability of equipment, the cost of a piece of equipment to maintain, and help with decisions such as to hire or acquire the equipment. Users can also accurately breakdown the cost of labour, materials, machinery and equipment for each job so any overspending can easily be forecast and addressed in a timely and effective manner. In addition, organisations can enjoy more efficient financial processes, improved reporting and greater accessibility of financial information, aiding decision making whilst ensuring greater financial control.

Mark Thompson, Managing Director of COA Solutions, says: "This partnership provides best of breed financial management and rental solutions to help companies in the rental, construction and engineering industries increase their business efficiency and keep a close eye on costs. This is especially important during challenging economic times when it is increasingly difficult to remain profitable."

Graham Dobbs, Sales Director from inspHire, comments: "COA Solutions is a leading provider of financial management software to the UK mid-market and as we're the UK's largest supplier of rental solutions, this partnership provides rental companies with the most powerful solution set on the market. Companies that take advantage of this partnership will run more efficiently, ultimately improving their bottom lines."