Every asset has a P&L — see it
Fleet decisions in most hire businesses are made on instinct: that machine feels busy, that one feels like trouble. The numbers to check the instinct exist, but they are scattered across invoices, workshop jobs, and memory.
Renttix assembles them. Per-asset cost reporting gathers what a machine has cost you — maintenance, parts, the workshop hours it has absorbed — while its revenue history shows what it has earned. Fleet-level views roll the same picture up by class, so the profitable equipment types and the quiet money-losers separate on a screen instead of at disposal time.
Asset health scoring adds the forward view: which machines are trending toward trouble based on their service history and alerts, before the breakdown chooses its own timing.
It is the difference between owning a fleet and understanding one.
Lifecycle states that mean something
'Where is it and can I hire it out?' should be the easiest question in the building. It stays hard when an asset's status is a mixture of labels, sticky notes, and folklore.
Renttix gives every asset a governed lifecycle: explicit states with controlled transitions, so a machine moves between available, on-rent, in-workshop, and the rest through recorded steps rather than silent edits. Holds put an asset out of action for a reason — a safety concern, a pending investigation, a customer dispute — and the hold stays visible until someone accountable releases it.
When something does not add up — a machine missing at stock take, damage nobody will own — investigations give the anomaly a case file: notes, findings, and a resolution, instead of a shrug.
The asset record stops being a guess and becomes a history.
Stock takes, RFID and live telematics
Reconciling the system against the yard is the discipline that keeps every other number honest.
Stock takes in Renttix are scan-driven: walk the depot with a scanner, check assets off by barcode, and see what is unaccounted for before committing the count. Discrepancies become investigations rather than quiet write-offs. RFID support extends the same validation to tagged fleets, and printable labels keep identification consistent from goods-in onward.
For powered plant, telematics closes the loop with reality. Connect a provider such as Samsara and live GPS positions and engine hours flow onto your assets — the map shows where machines actually are, and usage-based servicing can key off real hours instead of calendar guesses.
Yard, system, and telematics agreeing with each other: that is the foundation the rest of the platform stands on.
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Asset intelligence FAQ
Per asset: what it has cost you in maintenance, parts, and workshop time, alongside its revenue history and a health view based on service history and alerts. Fleet-level rollups compare equipment classes, informing buy, keep, and dispose decisions.
Walk the depot checking assets off by barcode. The count shows what is unaccounted for before you commit it, and discrepancies can be raised as investigations with notes and a resolution rather than silent write-offs.
Connect a provider such as Samsara and live GPS positions and engine hours flow onto your assets — powering the fleet map and usage-based servicing from real hours rather than calendar estimates.
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