The car rental industry in India is currently booming with new players and service options. Indian car rental business is growing rapidly at a (CAGR) of around 12% and is expected to be worth $15 billion in the next 5 years. This growth has also led to fierce competition. Faced with growing competition and new user demands, the car rental companies are adapting new technologies and models to innovate their services and keep the travelers happy.
In this scenario, one of the key challenges faced by business is the absence of robust systems to support this scale of growth. Since the industry is young and is innovating frequently, it needs systems that can support fast paced growth and can be customized to meet changing requirements. One of the ways to streamline operations in a scalable way is to pick a customized ERP software for car rental that is easy to implement and run.
What should you look for while selecting an ERP for car rental?
The car rental industry has become extremely customer centric. A good ERP software for car rental should strengthen the backend processes while enabling the business to deliver a great customer experience. Here are some of the features you should look for:
An ERP software for car rental that meets these features should benefit your business by: