What is WRMS?
Woongjin Rental Management System (WRMS) is an integrated enterprise IT solution tailored for the rental industry. It unifies contracts, billing, and customer management within a single platform, enabling companies to improve operational efficiency, enhance customer experience, and achieve sustainable growth.
The most widely used Enterprise IT solution, WRMS
WRMS is a solution for rental businesses that embodies K-Rental's know-how in a systematic form. It has been ad opted by leading rental brands across Korea. Leveraging our extensive data, our clients are poised to create the next generation of business value.
A Comprehensive Solution for Complex Rental Businesses
WRMS provides powerful core modules for seamless rental operations.
WRMS Core Modules
WRMS provides a stable system, designed based on the standard processes of the rental business: sales, collection, service, procurement, logistics, asset management, and fee management. WRMS is developed with advanced technical capabilities, built upon rich experience and incorporating the principles of ERP.
WRMS Core Modules
MASTER
organizations and more.
ORDERS
from different sales channels.
CONTRACT
contract changes during contract period.
BILLINGㆍPAYMENT
efficiently through the integration of processes.
SERVICE
such as installation, A/S, and Regular inspection.
LOGISTICS
to save time and costs.
ASSET
from purchase to sales.
COMMISSION
systematic management.
ORGANIZATION
training and more.
Select only the modules necessary for your business
WRMS is a system that can be applied to any industry by selecting only the necessary modules, and it is specialized for rental/subscription models.
Rental/Subscription Business Consulting
We provide comprehensive analysis to assess the feasibility and potential success of your rental/subscription busi ness. This includes evaluating the rental products or subscription services you plan to sell, and providing tailored consulting at the initial stage.
Providing Business Consulting Services through Rental Experts
- 1.Market analysis of product groups of each business and product BEP
- 2.Business BEP according to monthly sales volume
- 3.Present step-by-step construction plan and introduction strategy tailored to the business
- 4.Providing online, offline and free/paid consulting
- 5.Judging business feasibility such as the size of working capital for stable business
- 6.Support for entry into and expansion of rental or subscription business models
Convergence Business System,
FINENTAL with Finance,
Insurance, and Rental
To address the financial challenges in the rental business, Finental provides a system that links the core
of rental IT with finance factoring.
This ensures smooth rental business operations and financial stability by eliminating delin
quency risks through the use of credit insurance.
Rental
Financial support process and
Linked rental IT System
Finance
The company's financial liquidity
Financial products supported
Insurance
For stable aftercare
Rental Credit Insurance Products
Advantages
- 1.Easy financial support process through factoring and insurance linkage
- 2.Increase sales by securing available funds through factoring products
- 3.Improve financial structure recognizing 100% revenue through simplification of sale structure
- 4.Active sales expansion by eliminating the risk of insolvency of bonds
- 5.No need to manage receivables after claiming insurance / Efficient bond management
- 6.Effects of tax reduction with insurance premium listed as an expense (treated partially as losses for the amount of write-off of NPLs)
WRMS : Your Cross-Industry Solution
WRMS is a versatile and scalable solution designed to meet the unique needs of various industries. Whether you're expanding new business, diversifying your sales channels, or adopting new sales strategies, WRMS provides the tools and support you need to drive growth.
E-mail : jhyang@woongjin.com
Global Rental Company, SOverseas Rental System Implementation
Global Rental Company S implemented a rental system for its overseas branches within 3 months, established the foundation for sustained growth through market expansion and secured competitiveness in the global market. With WRMS, the company has developed a rental process tailored to the local business environment, creating a system capable of responding to the demands of the overseas market.
[Significance]
- Established the foundation for sustained growth through market expansion
- Secured competitiveness in the international market
Medical Appliance Company, CWRMS Implementation
Medical appliance company C has firmly established its presence in the rental market, expanding to 110 stores in just one year through aggressive marketing. To diversify its business area into health foods and cosmetics, the company has integrated SAP ERP with its sales system for comprehensive sales management. Additionally, the company developed a flexible system, enhancing mobile user convenience.
[Significance]
- Enabled flexible business expansion
- Enabled both face-to-face and contactless sales, and the handling of various sales channels.
Rental Company, KB2B Sales Rental System Implementation
By implementing WRMS, the B2B sales rental service system has been standardized, ensuring flexibility and scalability for future stable system operations.
[Significance]
- Applied a rental system in the construction equipment and container sectors for the first time in Korea