Before you go ahead with the purchase of franchise management software, it’s imperative you ensure the features supported by the software meet your idiosyncratic business needs.
Here are a few key points that need deliberation while selecting the right software for your business.
- Whether you should opt for a cloud-based solution or on-premise software?
Assuming that you’re a franchiser, opting for cloud-based software will be a more prudent decision as all your franchise outlets gain the ability to enter several data points including CRM, and ERP within a single centralized software platform. Cloud-based franchise management software makes certain that systematic management of operations and workflow is maintained. On the other hand, you may choose on-premise software given that your other franchise outlets need no collaboration.
- Can the franchise be seamlessly integrated with other operation software?
Seamless integration of your franchise management software with other widely used applications is crucial to getting access to more features such as supply chain management, retail POS, price control, and other business-related features. Therefore, settle on franchise management software that caters to your specific industry regardless of the business type and size.
- Do you want an Android or iOS app for the software?
You might want your franchise managers and employees in different locations to keep track of business operations and input germane data through their Android or iOS devices. That being so, see to it the franchise management software you’re planning to buy and implement supports an Android or iOS app with features akin to its desktop version.
- At what pricing levels is the software available?
The pricing of franchise management software is decided based on either subscription models or one-time license fees. Subscription-based software allows you to purchase it for a certain duration the payment for which is done either monthly or yearly. Cloud-based franchise software usually supports subscription pricing.
Conversely, a one-time license fee plan makes you agree to pay once at the time of purchasing the software and subsequently have its ownership forever. This model is more commonly adopted for on-premise solutions.
As far as pricing is concerned it’s more favorable to select cloud-based franchise management software as it gives consent to access to multiple users rather than making a payment of a one-time license fee that covers only a single location.