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ADVANTAGE 365 Review

ADVANTAGE 365
Our score: 8.0 User satisfaction: 90%

What is ADVANTAGE 365?

ADVANTAGE 365 is an integrated business management and ERP software that unifies multiple core capabilities to fully automate various business operations. Targeting the Equipment Rental, Sales and Service Industry, the software is designed to centralize all aspects of any business and provide companies and organizations with a single, robust platform from which they are able to manage all their operations and handle all their needs, no matter how complex or unique.

Built on the core features and functionalities of various popular business systems like Microsoft Dynamics Accounting, Microsoft Office 365, CCH Sales Tax, and Jet Business Intelligence to mention a few, ADVANTAGE 365 erases the burden that comes with using multiple systems to manage multiple business facets. It is a single comprehensive solution that helps you run your equipment sale and rentals business effectively and efficiently so you can grow your client base and drive your business to success.

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Overview of ADVANTAGE 365 Benefits

ADVANTAGE 365 delivers a comprehensive ERP and business management solution that is built to specifically caters to businesses and organizations that engage in the Equipment Rental, Sales and Service Industry.

It incorporates all features and tools to provide you with a single, unified ERP and business management platform that is capable of handling your accounting, business intelligence, sales, marketing, and analytics requirements.

By unifying all features and covering all your bases, you only need ADVANTAGE 365 to run your business smoothly and efficiently. With its robust design and structure, you never have to worry about any gap in your software’s functionality or have to manage a number of software and business systems to ensure that all your processes run seamlessly.

And because ADVANTAGE 365 means you never have to use another set of business software again, it saves you money on operational and maintenance costs. Your operations don’t have to suffer because of one software bogs down.

In the rare occasion that interfacing with another system is crucial, ADVANTAGE 365 is built to communicate with external systems effortlessly via the Microsoft Web Service interface. That means communication with external systems is fluid and automated, sparing you from the headaches that stem from getting two systems to work together.

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Overview of ADVANTAGE 365 Features

  • Contract Management
  • Inspection Management
  • Inventory Management
  • Late Fee Calculation
  • Maintenance Management
  • Multi-Location
  • Online Booking
  • Rate Management
  • Recurring Rentals
  • Scheduling
  • Short/Long Term Rental

What Problems Will ADVANTAGE 365 Solve?

1. RENTALS

Issuing invoices month after month for the same product is a problem unique to the rental industry. As is the concept of receiving a piece of equipment BACK after the rental is done. ADVANTAGE 365 is a superior equipment tracking so customers always know where every piece of equipment is, even if it’s on a truck being delivered, and have intuitive billing options to accommodate daily, weekly, annual, and custom rental periods.

You can even assign specific rental codes and prices to specific customers. If ABC company always gets 10% discount, you can enter it once and have the system remember. If you want the rest of your customers to get the best price no matter how long they rent for, you can have the system calculate the “Best Price”. If they rent the equipment for 2 weeks and 4 days but the monthly price would be a better deal for their customer, it charges the monthly price. However, if 3 weeks would be a better deal for them, it would charge for 3 weeks .

Feature: Custom rental pricing, inventory management, rental orders

2. FULL INTEGRATION

If your customer pays an invoice via the Customer Portal, their credit card is charged, your invoiced is closed, and Accounts Receivables are updated without you needing to do anything. Also, if you purchase an item using a Purchase Order within ADVANTAGE 365 and drop ship it to customer site, your inventory count is updated automatically along with the new item’s location, your accounts payable, and any affect that purchase had on your inventory valuation (FIFO, LIFO, Average, etc.).

Feature: Purchase order, customer portal, integrated accounting A/R and A/P, drop shipments, inventory management

3. MEDICAL INDUSTRY

Although ADVANTAGE 365 accommodates every rental, sales, and service company, it is an especially good fit for the medical equipment rental industry. For every piece of equipment, it can track what the patient name and room number where that equipment is and the customers can issue a “pre-bill” to their customers to show what they will be billed for before an actual invoice is made.

If a patient name, room number, or rental term is wrong, their customer can dispute it before an actual invoice is issued. This prevents time being wasted for both parties with credit memos, incorrect A/R, or constant disputes. It also makes sure that equipment usage statistics are accurate and equipment locations are up to date. It also provide HIPAA compliant document storage.

Feature: prebilling, rental orders, document management

Awards & Quality Certificates

This certificate is granted to products that offer especially good user experience. We evaluate how easy it is to start using the product and how well-designed its interface and features are to facilitate the work process.
An award given to products that have recently entered the market but are already becoming very popular

ADVANTAGE 365 Position In Our Categories

Bearing in mind companies have special business-related wants, it is only reasonable that they avoid purchasing an all-in-one, “perfect” system. Nevertheless, it would be futile to try to chance on such a software solution even among branded software products. The logical step to do is to jot down the various important functions which require deliberation such as essential features, pricing, technical skill capability of the users, organizational size, etc. The second step is, you must follow through your research exhaustively. Read these ADVANTAGE 365 reviews and check out each of the software options in your shortlist in detail. Such well-rounded research ascertains you keep away from ill-fitting software products and select the one that offers all the aspects your company requires.

Position of ADVANTAGE 365 in our main categories:

TOP 500

ADVANTAGE 365 is one of the top 500 Accounting Software products

It is important to note that almost no service in the ERP Software category is a perfect solution that can match all the needs of all business types, sizes and industries. It may be a good idea to read a few ADVANTAGE 365 ERP Software reviews first as certain software can perform well only in a really small group of applications or be created with a very specific type of industry in mind. Others may operate with a goal of being simple and intuitive and consequently lack complex features welcomed by more experienced users. You can also find services that cater to a large group of customers and provide a rich feature toolbox, but that frequently comes at a more significant cost of such a service. Be certain that you're aware of your needs so that you purchase a software that offers specifically the elements you search for.

How Much Does ADVANTAGE 365 Cost?

ADVANTAGE 365 Pricing Plans:

Free Trial

Quote-based Plan

Contact vendor

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What are ADVANTAGE 365 pricing details?

ADVANTAGE 365 Pricing Plans:

Free Trial

Quote-based Plan

Contact vendor

Contact RMI for information on ADVANTAGE 365 basic and enterprise pricing packages.

User Satisfaction

Positive Social Media Mentions 36
Negative Social Media Mentions 3

We know that when you make a decision to buy a ERP Software it’s crucial not only to see how experts rank it in their reviews, but also to find out if the actual clients and companies that use these solutions are actually content with the service. That’s why we’ve devised our behavior-based Customer Satisfaction Algorithm™ that aggregates customer reviews, comments and ADVANTAGE 365 reviews across a wide range of social media sites. The information is then presented in an easy to digest form indicating how many people had positive and negative experience with ADVANTAGE 365. With that information available you should be equipped to make an informed business decision that you won’t regret.

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Technical details

Devices Supported

  • Windows
  • Android
  • iPhone/iPad
  • Mac
  • Web-based

Deployment

  • Cloud Hosted

Language Support

  • English

Pricing Model

  • Quote-based

Customer Types

  • Small Business
  • Large Enterprises
  • Medium Business

What Support Does This Vendor Offer?

  • email
  • phone
  • live support
  • training
  • tickets

What integrations are available for ADVANTAGE 365?

ADVANTAGE 365 integrates with the following business systems and applications:

  • SharePoint
  • Customer Portal
  • Dynamics NAV
  • Credit Card Processing
  • Office 365
  • Web Services
  • Jet Reports
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Nestor Gilbert

By Nestor Gilbert

Nestor Gilbert is a senior B2B and SaaS analyst and a core contributor at FinancesOnline for over 5 years. With his experience in software development and extensive knowledge of SaaS management, he writes mostly about emerging B2B technologies and their impact on the current business landscape. However, he also provides in-depth reviews on a wide range of software solutions to help businesses find suitable options for them. Through his work, he aims to help companies develop a more tech-forward approach to their operations and overcome their SaaS-related challenges.

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