The architecture of franchise software is brought explicitly into being to cater to franchisor needs. Read on to become familiar with how cloud-based franchise management solution helps franchisors and franchisees boost and sustain sales and enhance operational efficiency. Nowadays, nearly all franchise software solutions are cloud-based, meaning that integrated applications can run on shared computing devices through the Internet.

Such devices are accommodated in remotely situated data centers. Implementing cloud computing technology in this software ensures maximum security, efficiency, and brand consistency, simplifies scalability, strengthens business growth, and guarantees significant savings in both time and money.

 

How Does Franchise Software Increase Efficiency

 

1) Franchise software helps minimize the payment of upfront costs:

 

Cloud-based software is different, from conventional computing infrastructure, and is generally leased every month instead of being purchased immediately. The setup is placed and maintained on-premise. This method of operation is cost-effective as far as franchise software providers are concerned – partly because you’re made to pay for only those features and functionalities that you need and partly because it enables in causing considerable savings on the money front by coming up with the option of lower upfront costs in comparison with traditional software systems. Likewise, franchise software combines the functionalities of many leading software systems, consolidating the cost outlay into an easily manageable monthly lease fee.

 

2) The solution ensures minimal downtime and low maintenance cost:

 

The maintenance of cloud-based franchise software and necessary updates can be handled from a remote location with just a few simple clicks. It removes the need to carry out hardware repairs and replacements frequently. What’s more, you can access necessary IT support directly from the software provider’s data center, cutting labor costs and making the response time quicker. With an increase in efficiency in software maintenance, minimal downtime is reported, and consequently, losses in productivity are reduced.

 

3) Franchise software facilitates an efficient setup:

 

When you incorporate cloud-based franchise software into your business operations, you don’t need to relocate towers, computer monitors, keyboards, etc., from one place to another. The solution enhances the process of setting up new establishments and workstations simpler. With a secure cloud server, you can log in to the system from any internet-driven device.

4) It makes business expansion simpler:

 

With cloud-based franchise software onboard, it becomes easy to adjust the amount of available cloud service or the extent of access to the storage module with fluctuations in the computing or storage capabilities of your business.

You need to contact the software provider team and raise the request, and all the necessary changes will be executed remotely. Furthermore, since franchise software allows you to gain access to it from anywhere, it becomes easy for businesses to expand across many more geographical locations where the Internet is all-pervasive.

5) Franchise software ensures maximum system security:

 

It provides the much-needed assurance to users that the data they’ve has 100 percent security. The backup of the data is stored in a remotely stationed server with a proper disaster recovery plan of action in place.

The solution suggests the digital assets they frequently resort to are entirely safe from hardware damage or natural calamity. If a disaster strikes, a simple temporary relocation is possible, or they can use their smartphones to log in to the system and resume work.

 

6) The software simplifies the efforts to guarantee brand consistency:

 

At times it can be challenging to keep your franchisees up to date with all developments in your business. However, with accompanying cloud-based franchise software, the process becomes plain sailing. Through some simple clicks, you can bring about a synchronization among several resources, including:

  • Brand marketing copies
  • Training materials
  • Branded franchise materials
  • Short-term promotional campaigns

Also, you can upload many appropriate reference materials to a privately managed cloud-based franchise intranet server from which franchisees can avail of data whenever they want to verify certain things.

 

7) Benefits put forward by franchise software to franchisors:

 

Franchise management software is essential as most traditional retail software solutions work well, especially when attending to single-unit franchisees’ needs. The franchisors are entities that use features and tools to manage supply chains and the business framework across the board.

Therefore, while opting for franchise software, carefully take a look at the benefits it offers. Please ensure the features it renders make and do not break your business potential.

 

  • Franchise management software helps bring about the optimization of inventory levels and supply chains:

 

To have constant and complete inventory visibility at the corporate level is essential. Franchisors achieve this feat with help from franchise software. It allows them to evaluate collective franchise materials at a glance and manage them with just a few simple clicks. Since automation opportunities have considerable significance, it assists franchisors by offering the choice of automating inventory management based on the preset minimum and maximum settings of the inventory levels. It has a stock replenishment feature that can be utilized throughout the franchise chain.

Consequently, a valuable set of historical information concerning individual franchisees is obtained that, in turn, can come to the aid of franchisors to plan and prepare budgets for the long term. In a certain way, the automatic replenishment tool frees up extra time for franchisors to manually assess, interpret, and synthesize data for improved management outcomes.

 

  • Franchise software facilitates the smooth monitoring of franchisees in real-time:

 

The performance monitoring of individual franchisee locations is an essential responsibility of a franchisor. It is done to detect possible opportunities, circumvent threats, and address problems impacting sales. Having franchise software by their side, franchisors can keep tabs on individual franchisee performance via any internet-connected device, and that too in real-time. They can compare sales realized by all franchisees and monitor supply chains to spot problems and define prudent management goals.

Read previous post:
Why a Franchise CRM is the Need of Modern-Day Franchise Businesses?
Why a Franchise CRM is the Need of Modern-Day Franchise Businesses?

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