This article is designed with an aim to help you settle on the best franchise management software available in the market. To gain a clear understanding of what to look for while choosing franchise management software read on the details explained below.
1. Determine the suitability based on the type – local or cloud-based
Given that you’re the owner of a franchise, cloud-based franchise management software is the ideal choice.
This type of software alludes to:
Improved data recovery following a disaster
Regardless of the size, businesses are supposed to be investing sizeable capital to effectuate robust disaster recovery. In particular, it’s crucial for national franchise brands. When you upload franchise materials into your in-house digital library you ensure the protection of sensitive data for all times.
Automation of critical updates
As the servers of the franchise management software are maintained off-premise seamless automation of every security update and software maintenance task is carried out. By using local software you can bring about only a manual update to all devices.
This refers to a franchise management system that agrees to your overall franchise family to access, alter, and share documents from anywhere, anytime, and via any device. In this respect, a cloud-based work flow has superior efficacy. Thus it’s all-important to have consistency with your company culture, products, services, etc. as far as franchise systems are concerned.
First-rate franchise management software permits you to run your business from any place that has got an internet connection. This implies you can:
- Keep a watch on your franchisees
- Develop and foster relationships with fresh leads
- Oversee supply chain and inventory
- Delineate novel forms of marketing campaigns
You can achieve more while on the go irrespective of your location. As a matter of fact, productivity need not be confined within the four walls of an office. With cloud-based franchise management software the entire world can become your workplace as it puts immense emphasis on maintaining a decent work-life balance.
2. How does the franchise management solution consolidate existing software?
For a good number of franchisors the aspect of software integration is found to be non-negotiable. It’s of central importance that the franchise management software you vote for plays in perfect tandem with other software applications, be it QuickBooks or a program involving retail points of sale.
Even though many developers design franchise management solution as an all-encompassing solution, the significance of hitch-free integration across various platforms is appreciated to great levels. This happens to be one specific area where a leading-edge franchise experience actually pays off. Seasoned designers with vast years of experience in franchise marketing are exactly aware of the tools that franchise owners prefer to use. So, they design the backend of such software with efficient collaboration in mind.
3. Does the software have compatibility with manifold devices?
Research shows that franchise management software fortified with iOS apps continue to outpace its Android equivalents. However, this information doesn’t disregard the fact that users of smartphones and tablets engage with an eclectic mix of devices. Within a single franchise, it’s quite common to have an assortment of Androids, iOS devices, Google phones, and several other off-brand gadgets which thereby flaunt a huge diversity all through the whole franchise family.
So, it’s of critical value to understand the necessity of the compatibility of franchise management software with several other devices and platforms that are currently in use.
4. How is the reporting standard of the software?
The reporting capabilities comprise a major part of any franchise management software. Lacking sufficient reporting on franchisee performance, sales, revenue earnings, customer churn-outs, market developments, etc. important business decisions are relegated to presumptions.
Reports generated by the best franchise management solution should be intuitive, customizable, and automated in nature. Automatic production and delivery of pipeline reports to your email take place as per the pre-fixed schedule. These reports lay emphasis on key performance indicators for all business components and put data in an orderly, comprehensible fashion. Also, because of the large-scale deployment of franchise management systems across various industries, the reports are entirely customizable.