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RTO Pro Software Continues Development; Adds Pricing Methods
10-30-08
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These new pricing methods were recent custom requests from new users, and because RTO Pro is Windows-based, we were able to add them literally in less than 2 days.
Ron Ganus, President, RTO Pro Software

RTO Pro is a leading rent-to-own point of sale software package.
RTO Pro's latest version is available at www.rtopro.com.

On the heels of last week's release of its new version 5.2.183 (see story), RTO Pro Software, a leading point-of-sale and business management software package for the rent-to-own industry, today announced the addition of two new pricing methods. Users now have three ways to price inventory within the RTO Pro system:

1. Category Markup – RTO Pro's original pricing method. RTO Pro will calculate an item's rate based on its inventory category's user-defined turn (multiple) of the item's cost. For example: In the appliance category a user might set the turn at 2.5x cost for a 12 month agreement or 3x cost on an 18 month agreement.

2. New! -Total Contract Calculation - Users can enter the total contract amount over the entire term of the agreement and RTO PRO will automatically calculate the rental rate by dividing the contract total by the number of rental/renewal payments. For example: If the user wants to return a total of $1000 for an item on a weekly 18 month agreement, RTO pro will divide $1000 by 72 for the $13.89 weekly rate.

3. New!-Individual Table-Based Pricing - RTO Pro now allows users to match up to six specific weekly and monthly rental rates to the number of payments for any individual item. For example: On an individual item, users can enter into the table:

# Months Monthly $ # Weeks Weekly $
12 $60 52 $15.95
24 $40 104 $10.95

"With over 800 rent-to-own users now, we get a lot of requests," says Ron Ganus, former RTO store owner and President of RTO Pro Software. "These new pricing methods were recent custom requests from new users, and because RTO Pro is Windows-based, we were able to add them literally in less than 2 days."

"That's one of the benefits of developing in Windows ," Ganus explained. "Development goes much faster than the same project in older platforms like DOS or Unix and that translates into another big benefit – savings, which RTO Pro can pass directly to its end-users as lower costs."

In the last year alone, RTO Pro Software has added over 250 new features and enhancements including:

- Integrated ACH for accepting recurring electronic payments
- Integrated recurring credit card billing
- Automated Collections Module – The ACM automatically calls overdue or active customers and plays pre-recorded delinquency or promotional messages ($399 extra charge)
- Integrated emailing of invoices, overdue notices and form letters
- A new export to Quicken and other accounting programs
- Price Quotes for potential new customers
- MAP- IT feature prints Google or Yahoo Maps to customers' locations from the payment, customer inquiry, new rental and delivery/pickup screens
- Multiple-state sales tax zones
- Destination-based sales tax
- Default scanned images now appear on payment screen (Use for drivers licenses and applications)

See a complete listing of RTO Pro's new version's enhancements.

RTO Pro users on support may now download the most recent version for no additional charge at: http://www.rtopro.com/dlupdatefrm.htm .

RTO Pro users not on support can go to http://www.rtopro.com/prices.htm for pricing.

For questions or more information contact Ron Ganus, President of RTO Pro Software at: 800-351-6299.

About RTO Pro Software
FutureWare Enterprises Inc. has been developing RTO Pro software for the Rental-Purchase Industry since 1990 using only the latest technology database and programming systems. The current 811 locations operating with RTO Pro software include single-store operators and multi-store chains up to 25 locations. Store-level single-user, store-level network, and Home Office versions are available. Single-user, store level licenses may be purchased for $899 (including 90-days free support) or leased for only $75/month including support. Software may be purchased and demos are available online at: www.rtopro.com. For more information call: (800) 351-6299.

RTO Online is the official channel for Rent-to-Own Industry News and the only independent source of news for the rent-to-own, rental-purchase, lease-purchase trade. RTO Online (Rent to Own Online) represents the choice of the entire RTO Industry for trusted information, as it happens.

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