The Best Choice for Rental Business

WRMS

The enterprise IT solution purpose-built for the rental business. Backed by over 30 years of Woongjin’s rental expertise, WRMS unifies contracts, billing, and customer management into one powerful platform for scalable and efficient operations.

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 adopted 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

Manage every information about product, price, organizations and more.

ORDERS

Manage/place all orders from different sales channels.

CONTRACT

Manage and record all contract changes during contract period.

BILLING ㆍ PAYMENT

Manage accounts receivable efficiently through the integration of processes.

SERVICE

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

LOGISTICS

Optimize logistic operation to save time and costs.

ASSET

Track and manage asset status from purchase to sales.

COMMISSION

Manage and settle commissions under systematic management.

ORGANIZATION

Manage organization, employees, 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 business. 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, FIENETAL 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.

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.

로고

  • E-mail : jhyang@woongjin.com

FAQ

  • Q1. What is WRMS, and what are its key features?
    WRMS is an all-in-one rental business platform that covers the entire process of sales, billing, service, procurement, logistics, assets, and commission management. Companies can strategically deploy only the modules they need, ensuring fast implementation. WRMS has been applied across multiple industries such as water purifiers, healthcare, mobility, and construction equipment.
  • Q2. What preparations are needed before adopting WRMS?
    To ensure a smooth implementation, it is important to establish product, contract, billing, and service policies in advance. This allows data to flow seamlessly from contracts to invoicing, payments, logistics, services, and asset management. After that, integration scope with ERP or accounting systems, PG/VAN, identity verification, and credit checks should be aligned to accelerate deployment and system setup.
  • Q3. Does WRMS support accounting and financial management?
    Yes. WRMS provides features such as revenue generation, tax invoice issuance, auto-debit requests, and delinquency management. By integrating credit checks, e-contracts, and card payments, WRMS helps improve collection rates and strengthens financial stability.
  • Q4. Can a company start a rental business with WRMS even if it lacks sufficient capital?
    Yes. Through Finental, WRMS supports a financial convergence model linked with factoring and insurance services. It provides advantages such as securing liquidity, recognizing 100% of sales, eliminating bad debt risks, and leveraging insurance-based tax benefits.
  • Q5. Can WRMS be used outside of Korea?
    Yes. WRMS offers scalability and flexibility to support global business environments. It is already in use across Southeast Asia, including Malaysia, and has expanded global outreach through CES exhibitions in the United States. The system supports multilingual, multi-country environments as well as country-specific tax, certification, and payment requirements for integrated global operations.

References 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