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ADVANTAGE 365 Review
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.
Show MoreOverview 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.
Show MoreOverview 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
ADVANTAGE 365 Position In Our Categories
Because companies have particular business needs, it is rational they steer clear of selecting a one-size-fits-all, ”best” software. Still, it would be hard to pinpoint such a software solution even among sought-after software solutions. The practical step to undertake would be to spell out the various essential functions which require examination such as essential features, plans, technical skill aptitude of staff, business size, etc. Then, you should follow through the research exhaustively. Have a look at some of these ADVANTAGE 365 review articles and scrutinize the other applications in your shortlist in detail. Such comprehensive product research ensure you take out poorly fit applications and pay for the system which meets all the benefits your company requires.
Position of ADVANTAGE 365 in our main categories:
TOP
500
ADVANTAGE 365 is one of the top 500 Accounting Software products
Companies have different wants and requirements and no software platform can be just right in such a situation. It is useless to try to find a perfect off-the-shelf software product that meets all your business wants. The intelligent thing to do would be to adapt the solution for your special requirements, staff member skill levels, finances, and other elements. For these reasons, do not hurry and pay for well-publicized trendy applications. Though these may be widely used, they may not be the ideal fit for your specific wants. Do your research, look into each short-listed system in detail, read a few ADVANTAGE 365 ERP Software reviews, call the vendor for clarifications, and finally select the app that provides what you need.
How Much Does ADVANTAGE 365 Cost?
ADVANTAGE 365 Pricing Plans:
Free Trial
Quote-based Plan
Contact vendor
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 decide to buy a ERP Software it’s vital not only to learn how experts score it in their reviews, but also to find out if the real people and businesses that purchased it are indeed satisfied with the service. That’s why we’ve devised our behavior-based Customer Satisfaction Algorithm™ that gathers customer reviews, comments and ADVANTAGE 365 reviews across a broad range of social media sites. The data is then presented in a simple to understand way indicating how many people had positive and negative experience with ADVANTAGE 365. With that information at your disposal you will be prepared to make an informed purchasing choice 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?
- 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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