Total Cost of Ownership
Know How Much Your Assets are Costing You
Contractors want to know how much it’s costing them to own and operate their equipment. Your business is asset-intensive, and equipment is one of your biggest investments and cost centers. Between initial acquisition costs, over or under utilization, maintenance and repair costs and depreciation, contractors want data that gives them the ability to easily draw conclusions on how much their assets are costing or earning them.
Tenna’s equipment management and asset tracking solutions give you insights that better inform you of your total cost of ownership for each asset in your mixed equipment fleet, as well as revenue generated from using and renting out your owned assets that reduces your total costs.
Knowing this data helps inform equipment managers and business owners when it makes better sense to own vs. rent and know when it’s time to unload an asset that is costing your more than its working for the business.
How it Works
Tenna helps you determine how much you are spending on owning and operating your assets so that you can make adjustments in your business, workflows and operations as needed to improve efficiencies which directly translate to reduced costs.
Know more, Control more and Make more to manage and reduce your total cost of ownership using Tenna’s asset tracking and equipment management features unified on One Platform.