Express Tool Hire
Background
Express Tool Hire Ltd are an independent tool hire company based in Colwick, Nottingham serving the construction industry with a wide selection of tools, equipment and consumables.
The Issue
As a new start up business, Express Tool Hire had chosen a low cost software package to help them run their business. They very quickly discovered that this may not have been the right decision. Within four months of going live they were a month late with their invoicing and consequently cash flow became critical. There were key functionality issues too: Express Tool Hire needed to do partial off-hires and to exchange on-hire items, functionality which was not available within their current system.
Express Tool Hire began searching the market for a rental management system that was tried and tested and one that provided excellent back up facilities. They requested references from people they knew in the industry and made their decision based on the feedback they received.
The Solution
Express Tool Hire selected inspHire Office Edition
“For the first 5 months of opening we spent on average of 15-16hrs a day, every day, fighting with the previous system including over Christmas and New Year. After going live with InspHire we spent 2 weeks inputting all the equipment and live contract data. Then it was judgment time. We ran the invoice run and rejoiced in seeing the invoices come off in alphabetical numerical order… For the first time in 5 months we had a weekend off.
Basically inspHIre saved our business… the cash flow was so poor due to due to our invoicing that we were a couple of months from going under…
Within 3 months of incorporating inspHire our cash flow recovered enough to inject the working capital to take the business forward…
I would have no hesitation in recommending InspHire to anyone just so they don’t have to go through the nightmares that we did in our first 6 months of opening.”
David Meenan Express Tool Hire
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