Permian Streamlines Rental Management with NetScore | Case Study


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Uploaded on Mar 21, 2024

Category Technology

Simplify and streamline your rental business operations with NetScore Rental Management for NetSuite. Seamlessly manage the rental process with features for shipment, returns, and customer notifications at the end of the rental period. Case Study: https://bit.ly/43p4e9R

Category Technology

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Permian Streamlines Rental Management with NetScore | Case Study

Permian Streamlines Rental Management with NetScore Introduction Permian Equipment Rentals is a regional leader providing equipment rentals for well sites with Company: Permian Equipment Rentals 24-hour service, 365 days/year. In addition to providing clients with a wide variety of Website: www.permianequipmentrentals.com industry-specic equipment for drilling operations, Industry: Oil and Gas Permian also employs technicians for service and Country: Midland, United States maintenance, ensuring that they can provide clients with the precise equipment needed for their site, Product: NetScore Rental Management for NetSuite have it delivered quickly, and keep it maintained. Challenges as each acquisition used dierent systems." They needed to gure out how to consolidate these Permian was founded in 2009. In 2011, it was various systems and move towards a single solution. acquired by Butch's Rat Hole and Anchor. Butch's had acquired several dierent companies and found "I was impressed with the way that the themselves facing a problem, explains Patrick Croft, team at NetScore can make certain things Procurement Manager at Permian Equipment Rental, happen that I didn't anticipate "We have a multi-subsidiary organization that grew through acquisition, which put us in a position were possible." where we had several dierent accounting systems, Patrick Croft, Procurement Manager, Permian Equipment Rentals www.netscoretech.com Rock Materials www.rockmaterials.com Solution More Ecient Business Management That's when they discovered NetScore's Rental In looking for a rental management solution for Management for NetSuite. This native NetSuite app is Permian, Croft explains, "We were looking for a more fully integrated with the NetSuite ERP that Butch's modern solution to be able to more eciently do was already using. It provides functionality for users some fundamental things: getting documents out to manage rental assets, quickly generate reports, for signature, getting them approved, getting them and provide more exibility for billing customers. billed, collecting on them, that kind of thing." Permian contacted the NetScore team and was soon These were basic tasks that should have been easy, working with them on their new rental but with all of the dierent segmented systems management solution. Butch's had from various subsidiaries, things were Results getting lost in the shue. What they needed, Croft says, was a "good quality system with good infra- The NetScore team got to work, often meeting structure and good data, where you can just click a Croft's team to discuss their needs and how to ll few buttons and see, 'This many jobs are in this them. status; these are collectible; these are past due,' that kind of thing." That's what NetScore's Rental "They hit the ground running," says Croft. "We tried to Management solution provided. identify where those areas of opportunity were and what pieces we had to have. What wowed me was By improving eciency in these basic but vital their willingness to think through and help business tasks, the solution enabled Permian solve problems." personnel to do their jobs more eciently: "We've trained them to be even more eective. That is really Croft's team was soon seeing excellent results. "In where the value is." terms of making NetSuite do what Permian needed, they met all of our challenges," he says. "They had a Consolidating and Streamlining good team understanding of what NetSuite could do Butch's had a clear objective regarding Permian and and what we were trying to do. I was impressed with their other subsidiaries: "Part of our overarching goal how the NetScore team can make certain things is to get us all on the same platform," says Croft. "We happen that I didn't anticipate were possible." want to be one large organization that operates similarly and can gain eciency through the The results: "NetScore Rental Management portfolio rather than being so segmented." seamlessly runs inside our NetSuite," says Croft. "And, NetScore also helped us with other items like PDF Through the extra functionality provided by prints, some dierent forms and workows, and all NetScore, they got everyone working together on the various pieces that go hand in hand with our NetSuite. Croft says, "I would say that's probably the processes. I'd say they denitely hit the mark; we had most important piece of this system and this a good team on this one." He concludes, "I was implementation: that we were able to get everybody impressed and surprised at the value." on one accounting software successfully." "Projects can be wildly more successful when you have a team of subject matter experts that are engaged and active participants." Patrick Croft, Procurement Manager, Permian Equipment Rentals www.netscoretech.com