Let's face it, price increases have become a reality for most businesses in 2022 and textile rental operators are no exception.
The decision to increase prices is just the first step. Making them happen properly and accurately is the second step.
Many operators establish price increase amounts and schedules at the outset of the customer's service agreement so they occur automatically on specific dates. In many cases, the price change amounts that were previously established are now falling below the current Consumer Price Index (CPI).
Alliant has added new functionality where the price change percentage for a customer now looks at both the scheduled increase and the CPI and selects the higher of the two. If your service agreements identify price increases that track CPI, then this new enterprise-level function can save your staff time by updating the CPI percentage in a single location.
Interested in learning more about this new feature? Contact Alliant Systems.