Construction plant hire firm GAP Group has signed a £1.4m contract with software and services supplier Intentia for an enterprise rental management system.
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GAP Group, one of the largest independent plant hire companies in the UK, will use the system to support a planned increase in turnover to £100m by 2009.
The company has already used Intentia's Opportunity Analyzer software to set practical business performance targets and identify quantified financial and non-financial gains before changing business processes.
Using Opportunity Analyzer, GAP Group calculated that operating profitability would improve by £3.4m and working capital would be cut by £341,000 within two years by implementing an enterprise rental management system.
Andrew Stewart, financial director at GAP Group, said, "In our business, personal dedication to each customer is key. Our company has experienced year-on-year growth of 17% for the past 20 years and we are confident that implementing Intentia's enterprise rental management solution will ensure that this focus on our customers will not be compromised."
The nationwide implementation across 55 depots began this month, and the go-live date is planned for October. Additionally, Intentia will provide a complete set of professional services, project management, business and technical consultancy, and support services.
In November last year, Hewden, another of the UK's largest plant hire firms, committed £15m to a business process overhaul based around Intentia technologies.