The Best Choice for Rental Business

WRMS

The top IT experts in the rental business have transformed
Woongjin's over 30 years of expertise into the ultimate rental business solution.
Experience unparalleled know-how with this unique solution.

IT system for Rental Business, WRMS

Leading rental and subscription companies in Korea have chosen WRMS. By retaining loyal customers, they collect and analyze various customer data, enabling the creation of new value for the future.

Innovative Lego Block Solution

Among 10 core modules, Select only the modules you need,
Build your own system quickly and strategically.

01Master

Manage all polices and criteria for product, price, sales types and more.

02Orders

Manage/place all orders from different sales channels

03Contract

Manage/record all contract changes during contract period.

04Payment

Manage billing/payment schedules and processes efficiently

05Service

Manage customer services, such as installation, A/S, and maintenance.

06Logistics

Provide optimized logistic operation to save time and costs

07Asset

Manage/record all status from purchase to sale/disposal/refurbish

08Commission

Manage commission processes based on the policies set up per company.

09Organization

Manage systematically organization, employees, training and more.

10Mobile App

Provide essential processes in real-time to support on-site works.

1. Features

WRMS supports various industries, including home appliances, construction machinery, medical devices, and even financial services. For those looking to start a rental business or who have encountered the limitations of existing solutions, Woongjin offers comprehensive business consulting to help quickly develop their business using IT solutions.

Scalability

  • Reduce system expansion costs by integrating modules
    according to the company's growth

Flexibility

  • Item add-ons for increased profitability
  • Register/manage products with simple operation

Possibility

  • Intelligent Data Extraction with Gen AI
  • Focus on your business based on faster decision-making
    with intelligent data

Convenience

  • Convenient customer management and remote work
    through mobile apps
  • Integrate customer needs, such as mobile payments and
    scheduling, into the mobile app, resulting in stronger
    customer retention (lock-in effect)

2. Benefits

WRMS is a core system that can be deployed in stages, according to the size of the company. With this specialized system, which supports flexible item expansion and customer management, you can enhance the performance of the rental business, improve operational efficiency, and create a competitive advantage - all in one solution.

Process Standardization
  • Implement a systematic and standard rental process
  • Streamline business operations, from order placement to after-sales management
Accounting/Finance
  • Enable Fast decision making with intelligent data
  • Establish a foundation for sustainable growth and enhance competitiveness
Work efficiency
  • Ensure stable inventory management with a systematic system
  • Optimize operational resources and automate manual tasks
Continuous sales
  • Build customer loyalty through detailed customer management
  • Ensure stable profits by enhancing brand reliability

Services for Rental Business

Woongjin offers a wide range of services tailored to the rental business. Finental is a service that ensures financial stability and cash flow by linking factoring and insurance. Rental Environmental Diagnosis Consulting, led by rental experts, helps clients optimize their operations and business strategies.

1. Finental – Convergence Business System 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 delinquency risks through the use of credit insurance

2. Rental Diagnostic Consulting

Unlike the simple process of traditional rental solutions, which focus on the contract, payment, and termination cycle, WRMS provides comprehensive analysis and consulting in the early stages to assess the suitability and potential success of the rental or subscription business model for the products being sold.

Woongjin, the Rental Business Expert

By introducing the rental business model for the first time in the industry in 1998, Woongjin Group made the rental business known to the world through innovative marketing techniques.
Woongjin gained dominance in the rental business, and with its infinite potential, the rental business played a leading role in the growth of the Woongjin Group. Accumulating expertise in the rental business for over 30 years, Woongjin has transformed this experience into an IT system and provides the most suitable business model for companies looking to start rental businesses. Woongjin sets the standard for rental.

  • E-mail : hyunwoo.park@woongjin.com

References

See how our clients achieved a successful digital business with WRMS Learn More
  • Global Rental Company, S Overseas Rental System Implementation
    [Project Overview]
    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, C WRMS Implementation
    [Project Overview]
    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, K B2B Sales Rental System Implementation
    [Project Overview]
    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