Business of replication needs replication tools
The reality of franchises is that if you can automate and simplify business workflow cheaply and easily then both the franchisee and the franchisor stand to gain immense advantage. We all know there are plenty of historical examples of successful franchises who have proven this.
The software as a service (SaaS) model for business and franchise accounting has so many natural advantages that it is impossible to ignore. The obvious and most significant advantage is centralised data. There is far more to it than this.
Top 10 advantages for franchises
- Centralised data - one set of data creates synchronised accounting, the franchisor’s dream.
- Centralised access - franchisors can administer access for new staff and franchisees.
- Live franchisee data collection - you no longer need to collect data thanks to the centralised database.
- Multi-user synchronising - franchisors can work with accounting data at the same time as the franchisees. There are no lockouts from the data when two people are using the same accounting file at once.
- Automated install, upgrade and backups - in effect you save the cost of these tasks you would otherwise have to perform if you had deployed a software solution to your franchise network.
- Benchmarking - custom benchmark reports to suit your specific needs can be built on request.
- Centralised contacts database - simplified marketing campaign generation and bulk contact management.
- Simple expansion into new franchise sites and locations. Once the phones and internet are connected your accounting is ready to go. A wireless laptop and a USB scanner can quickly become a remote point-of-sale terminal.
- Simple training - our training partners are an effective way for you to save time training your staff and franchisees and save the usual mega-dollars that a software company might otherwise charge.
- Reduced infrastructure spend - when you use a web finance engine instead of accounting software you don’t need server infrastructure. We take care of that at our international grade data centre.