Record360, a new property inspection and asset condition reporting dashboard and mobile app, hit the market earlier this month.
The new tool, designed by former rental industry executives, is designed to simplify and automate the way companies manage asset condition reporting, as well as give consumers peace-of-mind they won’t be charged for damage they didn’t cause on rental vehicles and other equipment.
The company said the tool was launched with a variety of industries in mind, such as equipment rentals, property management, dealerships, auto/body shops, transportation and more.
“Billions are lost each year in damages missed during the exchange of property, vehicles and equipment, while countless damage disputes impact relationships, customer satisfaction, and cause negative press. Asset condition and claims management processes dependent on paper or low-fidelity digital reporting are clearly outdated and Revenue 360 fills the gap with a modern solution,” said Shane Skinner, Record360 chief executive officer.
Record360 is available for iOS v7.0+, and on Samsung Tab 4, Samsung Tab Pro, Google Nexus Tablet, and most Android 4.4+ devices, with Samsung Galaxy S support coming soon, the company reported.
For users, Record360 provides time-stamped, geo-tagged record of property at the time of exchange, and condition reports are accessible from a tablet or smartphone.
From the mobile app, users can capture video, images, and highlights, as well as make any necessary notes, to track the condition of vehicle.
The company listed a few key features of the new product:
- Customizable for a variety of business applications, processes, and industries
- Manage all users and locations with a single web dashboard for real-time transparency
- Simple to implement in single or multiple locations, easy to train additional staff
- Multiple data points available for reporting, analysis, and workflow efficiencies
- Custom notes/set up one-tap using your own terms/language for damage and flaws
- Accurate VIN scanning, automatically capturing extended vehicle specifications
And the company has already some big names in the industry on board, such as Zipcar and Penske Jaguar Land Rover.
Todd Primo, service manager, Penske Jaguar Land Rover Cerritos, said, “We have been using Record360 to document customer vehicles and virtually eliminated the problem of customers claiming damage while their vehicles are in for repair, and are seeing real savings in damage claims. Record360 has become an integral part of our process and is appreciated by both our staff and our customers.”