Currently, franchises that are doing exceptionally well have capitalized on implementing advanced technologies into their running platforms. Nowadays, the majority of franchise owners benefit from automated franchise management software tools and configurations that free time to a great extent. Moreover, they provide scheduling updates in real-time. These distinctive software platforms aim at maximizing franchise performance and efficiency.

Intricacies of franchise management software

With franchise management software, franchisors set up the most elaborate and effective marketing campaigns and launch them across markets. In addition, franchise management makes sure streamlined information access and supply of assets to franchise owners need smooth business operations.

Flexible management software assists end-users by allowing them to modify plug-in capabilities and secure support in vital areas. Custom software management facilitates storing user databases, presenting in-depth web analytics, and staging centralized marketing promotion.

Management software offers a robust, user-friendly platform to franchisees that needs a simple deployment and supports easy navigation.

Brandwide – Franchise Management – Software

The goals of franchise management software Explained.

The main goal to develop and implement software is to solve problems. A custom franchise management platform allows franchisors and franchisees to communicate as and when needed. Both parties can use seamless software operation to fulfill practical communication purposes.

Franchises can decide on the type of database management system they’d like to consolidate with the franchise management software system. The integration is required to perform the following actions.

• Storing data
• Generating reports
• Predicting market trends

Any franchise management founded on the cloud, on-premise, and off-premise architecture should be private to ensure unbroken and impenetrable security.

Franchise empowers franchise representatives to do well in running their establishments in the allocated locations. It also ensures frequent and hassle-free interactions between franchisors and franchisees. Even though semi-centralized franchisees are flexible to make the most of their autonomous ownership, product selection criteria, and marketing tools utilization remain constant.

Franchise management provides an end-to-end solution :

Franchise management provides an end-to-end solution that handles formulating contracts, generating invoices, and putting in purchase orders. In this way, franchise operations become organized. Furthermore, both franchisors and franchisees get the most of the software’s integration capabilities via supply chain electronic data interchanges.

Custom franchise management software serves users by presenting them with dashboards with minimal complexity and extreme ease of navigation. Franchisee-specific dashboard reports and general location-based performance rundowns can be adjusted depending on parameters and data filters to plan and execute critical decisions.

All-encompassing franchise management makes monitoring the performance and concerns of existing, region-based territories hassle-free. It enables franchisors to leverage planning to make/receive payments and dues maximally. People aware of the franchise business understand that being disorganized leads to below-par time management

Brandwide – Brandwide – Franchise Management – Software

Four key features of franchise management software

Franchise software has four vital features for developing a powerful franchise support system. The features help put the whole ecosystem in order. Successful franchisors have improvised their franchise software using these four tools to amplify brand awareness.

Franchise management software helps in business intelligence reporting.

To both franchisors and franchisees, it’s known how vital business intelligence (BI) reporting and analytics are. Franchise management software is endowed with robust BI tools that help with operational enhancements, trend evaluations, and market predictions. Cloud-based BI enables you to gain access to vital data and keep up information security and compliance inside networks simultaneously.

BI data warehousing provides aggregations that franchise businesses use for generating reports and carrying out audits. Personalized BI components are available for desktop computers, mobile devices, and browser apps.

Franchise management software provides streamlined access to professionals across multiple platforms and can be used to ensure data visibility from remote locations and in real-time. The various reporting forms you can gather from BI networks include the following.

• Predictive analytics
• Benchmarking
• Big data processing

Custom-made franchise software helps make the analysis of BI data smoother. With time and progressive technologies making considerable inroads, analytical processing has come a long way.

BI analytical processing put forward by franchise management software comes to the aid of franchisors and franchisees in comprehending all things involving service-driven architectures and their functioning. Users can significantly benefit from BI reporting courses of action because of the reliable and effective analysis they come up with.

Franchise management software helps handle human capital resources.

Hiring your franchisees becomes a lot more plain sailing with franchise software by your side. This is achieved by providing integrated solutions for human capital management, such as onboarding methods and staff training. These aspects are crucial to efficiently developing the franchise business.

Custom franchise management software furnishes the following related to the human resources department.

• Recruitment Solutions
• Applicant tracking systems

You can customize and manage the human capital pathways. Customization helps in performing the following.

• Training of staff members
• Tracking of staff members
• Onboarding process monitoring
• Attendance reporting and recording
• Time management
• Payroll verifications and reporting
• Filing of documents
• Automation of content creation
• Customized payment systems

Powerful franchise management software extensively supports managing human resource duties and responsibilities. The human capital management feature helps in the following:

• Performance appraisal
• Payroll processing
• Compensation and benefits

Franchise management software looks after the supply chain and inventory.

When it comes to franchise owners and managers, inventory management is paramount. Franchise management software enables them to be in charge of inventory pathways.

The software incorporates solutions that help in the following:

• Managing stocks
• Identifying products
• Ensuring stock visibility
• Assessing sales performance

With the availability of QR and RFID codes, it’s possible to unlock options that can change how franchises create purchase orders.

Automation to manage a cloud-based supply chain and inventory is all-important. It has been done with the help of APIs and vendor configuration modules. At the same time, the deployment and management of software updates are regularly done through the franchise network.

Custom-built franchise management software can help in the following.

• Automation of logistics
• Shipping
• Creation of purchase orders
• Consummation of electronic data interchanges (EDI)

Franchise management software ensures that supply chain management is integrated with EDI so that you can avoid paperwork, curtail costs, and monitor inventory levels.

Franchise management software helps in operations and marketing endeavors.

Every so often, franchises exhibit incredible enthusiasm for efficiently managing operations and marketing with the proper assistance. With customized franchise software by your side, it’s feasible to carry out well-ordered operational planning and amplify sales via publishing marketing campaigns. The software comes up with a centralized platform that makes room for all kinds of requests considering the following aspects.

• Funnel marketing
• Customer databases
• Lead management
• Campaign implementation

Custom-tailored operational franchise marketing software also helps assign responsibilities to review analytics related to sales and marketing. It becomes compulsory for franchisors to provide all-inclusive marketing collateral while putting in their capital resources.

You must exercise complete control over marketing collateral, campaign launches, and distribution to ensure your franchise branding strategies and their implementation remain in place. Brand recognition becomes amplified when franchisees are made authorized to put in orders for signage and send out an impression to the public characterized by a cohesive aesthetic.

The software is equipped with professionally managed and customized franchise management software, and franchisors present franchises by creating a unified consensus throughout the franchise. The software allows the fabrication of centralized processes and access points.

As far as senior management and headquarters are concerned, developing custom software is an asset as it can provide support and strengthen the impact brought forward by the franchise both internally and across markets.

Thus, if you’re a franchisor, you must know how much money, time, and energy it implicates to provide practical tools to your franchisees.

As a franchisor, the ability to offer continued support to manifold franchise holders is commendable. 

You get the much-needed peace of mind getting to know that your business is running with consistent efficiency. That necessary underpinning is provided to your franchisees for increasing sales, cutting costs, and growing profits.

Thus, it’s evident that there are things aplenty that franchise software can bring to pass to encourage your business prospects. In this article, a few of the most important ones are highlighted.

Contact BrandWide today to learn more about them, or schedule a free live demo of our cutting-edge software and dispel your doubts about how it helps expand your business.