When implementing software for a skip hire company there are a lot of factors to consider, not least of which is what the ROI of implementing the software will be. We provide a spreadsheet at the bottom of this article that can help you put together some numbers to see if implementing a bin manager app would be beneficial to your business or not. Of coarse you have to estimate what improvements the skip manager software is likely to make within your business. In the below sections we'll cover what the likely savings will be.
Hours Invoicing
Once you have an automated system for producing invoices directly from your bookings data you're going to be saving yourself a lot of time and therefore money. Time that was spent invoicing can be spent on activities to grow the business like marketing or the like.
Bin Stock Management
Bin stock will allow you to operate with less bins because you won't need to have a buffer to account for the unknown. This is likely to save you money on owning bins you don't need and time on calling around to find bins that can be collected to service bookings mistakenly taken.
Run Sheet Scheduling
Producing run sheets from spreadsheets of bookings and pickups is a time consuming process and by using a skip hire management software like Hiary you'll be saving an hour or more per day easily with the drag and drop schedule assignment and sequencing.
Missed Billing Customer
If you're missing opportunities to collect money from customers Hiary can help ensure that every invoice is produced and sent to your accounting system or even collect the money with a payment gateway integration!
Improved Bin Turnover Rate
Improving your average bin turn over rate (days onsite) can have a dramatic impact on how many skips you need to have in your inventory to service the number of bookings you are completing. Given the price of bins minimising the number of days they are on site per booking is incredibly important.
Location Unknown Average
Every day that a bin is not being tracked and you are expecting the customer to call when they are finished is a day that you are not utilising your bin resources. Ensuring you are pro-actively getting your bins back as soon as they are ready will massively reduce your bin inventory requirements.