Tools rental app is essential software for the tools rental business to manage its operations effectively and efficiently.  

For the app to be effective and efficient, it must be built with high-performance and reliable basic features that form the app’s integral part and enable smooth operations. What exactly are those key features? This blog listed that. 

What is Tools rental app development? 

Tools rental app development is the process of developing tools rental app that effectively manages the tools renting business operations. With this app, everything can be completed at once, including inventory checks, equipment tracking, maintenance, and repair, as well as back-end tasks like audits and revenue management.   

This software can be used to rent out different types of tools for events, construction projects, and recreational activities. Building the rental app with advanced or trending features is secondary. What comes first is integrating the quick and functioning general features of the rental app that does the basic functions of the app. The list of these basic features is listed further 

General features of Tools rental app development 

Tool tracking: This feature is to check the status of the tool like who is using it, whether it is in working mode or not, what the status is, and everything. It helps in saving valuable tools from theft and misplacement. And the main reason to use this is to keep track of the tools’ condition and prevent the business owners from spending mostly on replacing and repairing. 

Optimized booking: The booking module is an important feature of the app that updates available tools and shows them to the users. So, they can book the available tools for rent. 

Time upkeeping: Maintenance forms a very important function of the tools rental business and needs to be done timely to improve the organization from the bottom line. If it is not done in a timely manner, it may lead to increased maintenance costs.  

To overcome this, the upkeeping features notifies the maintenance schedule of every tool to the owner and prevents sudden tool failures and high repair cost. 

Inventory tracking: This feature ensures the availability of tools in the inventory. It helps businesses from overbooking and repeating maintenance works. For example, one might not know what he had done in the last maintenance routing, what part has been removed, and what is replaced or installed. In this situation, inventory tracking shines. 

Report generation: This feature helps the tool rental business to generate reports quickly and simply. The app forms the place of centralized information. With that data, it generates reports with key performance indicators of the business that will give the exact details about the business performance, expenses incurred, and generated returns. These reports additionally help the business to make informed decisions not just based on assumptions.  

Instant alerts and reminders: This feature give customized alerts and reminders on every limited aspect of the business to keep the owners alert and act. For instance, when the inventory level drains down to the minimum level, it will alert the concerned person. So, they can take action to refill it. If it is not a tool to replace, it prevents overbooking. 

This feature will also remind businesses about the lagged payment, completed renting time, any damage to the tools, and many more. 

Precise analytics: The analytic section of the app will give different analyses of the different functions of the business. For instance, asset lifecycle reports, asset utilization, asset maintenance expense, depreciation report, and so on.  

These analyses help businesses with detailed information and detect lags. So, the company can utilize it to bring changes and improvements. 

Convenient payment options: This feature enables the renters to pay the rent cost with different options. So, they don’t need to come in person to complete the payment 

Chat option: In-app messaging will work better as it will serve as a module for direct and better communication between the renter and rentee. 

Review system: This feature helps businesses to know about their user’s views on their service,  their demands, and concerns in an indirect way which can be utilized in business improvements. 

Why you should buy tools rental app from RentCubo? 

RentCubo was a pioneer in tools rental app development and has created a number of fruitful apps with distinctive features and functionality for a variety of projects. So, if you are a startup looking to build unique software and make history in the tools rental industry, RentCubo is there for you. Because we have multiple experts to create the best tools rental app for you 

  • Expertise with experience and competence.  
  • Planning, creation, and execution of a strategy  
  • Integration of trending features with care.  
  • The ideal tech stacks for creating the best applications for various business needs 
  • Strong and understanding client service 24/7 

On the whole, RentCubo can be your perfect tech partner with whom you can share your roaring victory!