Franchise management software has a cloud-based, modular architecture that furnishes multiple tools to effectuate operations, lead generation, marketing, employee training, and more.

Read on to gain an understanding of ten ways franchise management software can help augment your franchise business.

• Franchise management software saves time and money

Robust franchise management software helps you by making the various aspects of your franchise business organized. It doesn’t necessitate you to invest money and time looking for individual franchisees and solving their queries. In fact, the franchisees will gain the ability of instantly securing the information they need by logging into the system.

To streamline communication between the franchisors and franchisees, the franchise management software comes to their succor by eliminating the duplication of efforts. This will ensure everyone within the franchise is on the same page. So franchisees can raise or respond to queries in real-time rather than making tedious phone calls or engaging in email chains.

Software for franchise management leads to very few missed opportunities as no one will get the scope to lose a deal due to outdated contact details in their database.

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• Franchise management software helps expedite the sales process

When you put franchise management software in place, being in charge of controlling your business leads will be far easier than ever. This is because you gain access to all information concerning your leads as well as their businesses. As a consequence you benefit from not wasting much time on ineligible leads. As the same time you bring in extra opportunities as far as franchise sales are concerned.

This leads to plenty of time saving. Also, this implies, at all times, you’ll be able to get the right available information as and when the opportunity arises.

With franchise management software by your side, you can keep track of the health and progress of all deals you supervise. This is because of the reason that all details related to franchise sales will be displayed at a single place. No more you’ll need to depend on phone calls or emails for getting updates on the more influential leads and the less influential ones too.

• Franchise management software can be easily integrated with CRM software

Each of the franchisees is usually supported by its respective CRM. However, still, you need the control of permission and complete visibility for each franchise. This implies that information relevant to their businesses will be accessible to them round the clock without any interruption. So, the chances of missing potential leads are greatly eliminated.

Furthermore, this is indicative of the fact that there’s no need to have any separate system attached to every location. Also, with the implementation of a single new platform supporting both the franchise management software and CRM, you gain the ability to disseminate email templates, workflows, and more to your employees.

For instance, back-office employees at the franchise headquarters may carry out some adjustments especially when marketing plans or sales goals change. Under such a circumstance, the updates so put into effect will automatically and uniformly be distributed via the same online available portal. As a result, the possibility of any downtime because of maintenance issues is minimized.

• Franchise management software lets you have full visibility of your franchises

A standout among the most remarkable benefits of franchise management software is the fact that you hold sway over every nitty-gritty that has got to do something with your business. This suggests you need not have to anymore wonder about whether or not your franchisees are properly closing deals.

Moreover, the software allows you to keep a watch on every important detail pertaining to each lead, for example, the number of times the leads have been contacted or followed up and with what extent of promptness. In the case of service-based franchises, the software lets you know the number of quotes offered and the estimated number of sales per franchise or location.

• Franchise management software results in streamlined communication with franchisees

If truth be told, when it comes to franchise businesses, sending out good, clear communication to all involved parties is vitally important. But, at the same time, it can be daunting to individually cope with the ever-changing needs of the franchisees as they’re operating from numerous locations with varied time zones.

Franchise management software comes to your aid in making this process streamlined. How? By managing franchisees from a centralized location! In this way, the franchisees are able to gain access to their account-related information besides leaving their feedbacks for consideration. This signifies that you’ll come to know if your franchisees are getting the support and attention they deserve. This makes it easier to get to the bottom of every problem and solve them before things blow out of proportion.

• Franchise management software helps control onboarding processes

It goes without saying franchisee onboarding process is an important component of building a franchise. Franchise management software helps in the onboarding of franchisees and supporting employees besides bringing about automation to some of the most monotonous yet necessary tasks that are associated with hiring new franchisees. These tasks include distributing welcome packets and signing them up for marketing campaigns so that they can start making their mark in hitting goals right from day one.

With franchise management software by your side, you gain access to all things that are needed for managing your franchisees, for example, imparting them training, providing them with online instruction and operations manuals, guiding them in building their new stores, keeping track of their business insurance, and many more.

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The software facilitates streamlining of all these processes. This is owing to the fact that all things that are essential while teaming up with a new partner or opening a store at a new location can be incorporated into the franchise management software with the need for no extra work at your side.

• Franchise management software helps in reporting and performance tracking

Tracking the performance of each franchisee is essential for a franchise to roll in it and to keep tabs on whether or not they’re adhering to franchise policies and rules. Franchise management software helps accomplish this. Apart from keeping track of all details pertaining to each lead, franchisees can likewise find out issues and opportunities that come up or seek help from headquarters as and when required.

Franchise management software expedites the smooth execution of each of these activities and ensures running your business in a more accessible and streamlined fashion. it comes up with real-time visibility of everything that’s going on. What’s more, it offers you additional help in case you’re in need of guidance on how to handle problems or issues and resolve them.

• Franchise management software helps business development via automated, optimized processes

Automation is key as far as franchise management software is concerned. You can deftly be at the helm of managing marketing campaigns so that leads coming your way don’t go off the track. With efficient franchise management solutions in tow, you can successfully take forward lead management and be a major league in the franchise domain. Specific management workflows for handling leads can also be integrated with franchise management software.

By adopting these approaches, you can bring automation to pass for your sales processes at both headquarter and franchisee levels.

• Franchise management software empowers franchisees to have full control over their individual data

Franchise management software makes it uncomplicated for all franchisees to gain full access to their data and get them updated all by themselves. Consequently, there’s no need for you to be concerned about the lack of the right franchisee-specific tools for successfully running their businesses.

Franchise management software is also excellent to manage agreements and documents signed between two parties namely franchisors and franchisees. As a result, it becomes trouble-free for your franchisees to gain admittance to everything via their portal.

This leads to an increase in overall productivity by making sure significant time is saved by both parties and all your franchisees find the latest updated information accessible to them.

• Franchise management software provides a single, centralized location to store all data

When you put franchise management software into practice it’s capable of storing all data in a single place. In this manner, you’ll be able to gain entry to everything required to make well-informed, indispensable business decisions and expand your venture.

Moreover, franchise management software will accommodate the eventual place to gather vital information concerning fresh leads and accounts. The information repository is continuously updated with details of all interactions with regard to your existing franchisees or franchise prospects. Plus, all communication done between the franchisees and their clients and leads is thoroughly kept up to date.

Wrapping up

In case, you happen to be a franchisor you’re well aware of the amount of money, time, and energy it involves to dispense the right tools your franchisees are in need of to do well in their respective undertakings.

As far as franchisors are concerned, the ability to offer support to numerous franchise holders is of immeasurable value. You’ll get peace of mind being aware that your franchise product/service business runs on constant efficiency. In addition, you can rest assured of the fact your franchisees continue to receive the support they seek for increasing sales, curtailing costs, and growing profits.

Thus, it’s clearly evident franchise management software can execute a plethora of things to make your business profitable. Reach out to us at BrandWide today to set up a consultation with one of our specialists and schedule a free live demo of our franchise software.