How franchise management software helps in royalty management


Posted May 16, 2023 by brandwide

BrandWide, led by CEO Manu Das, launches franchise management software, automating royalty management for franchisors, reducing errors, and increasing transparency.

 
BrandWide, a leading provider of franchise management software, has launched a new software solution designed to help franchisors effectively manage and streamline royalty management. The software, developed by a team of industry experts, is designed to help franchisors automate royalty calculations, track payments, and generate accurate reports, ensuring transparency and fairness for all parties.

"Royalty management is a critical aspect of franchising, providing franchisors with a steady revenue stream," said Manu Das, CEO of BrandWide. "However, managing royalties effectively can present various challenges, including accuracy and timeliness of reporting, compliance issues, and international complexities. Our new software solution addresses these challenges, providing franchisors with the tools they need to manage royalties efficiently and effectively."

BrandWide's franchise management software is a cloud-based solution that provides franchisors with a comprehensive set of tools to manage their franchise network. The software includes features such as sales reporting, royalty calculation, payment tracking, and report generation, enabling franchisors to automate royalty management and reduce the administrative burden associated with manual processes.

"By using our franchise management software, franchisors can reduce the risk of errors and disputes, improve compliance, and increase transparency and fairness for all parties involved," said Manu Das. "Our software is designed to be user-friendly, intuitive, and customizable, allowing franchisors to tailor it to their specific needs and requirements."

BrandWide's franchise management software also includes a robust reporting system that provides real-time insights into franchise performance, royalty payments, and other key metrics. Franchisors can use this data to make informed decisions, identify trends, and optimize their franchise network.

"Our software provides franchisors with a comprehensive view of their franchise network, enabling them to make data-driven decisions and optimize their operations," said Manu Das. "Our goal is to provide franchisors with the tools they need to succeed in a competitive market, and our franchise management software is a critical part of that strategy."

BrandWide's franchise management software is now available to franchisors across various industries, including food and beverage, retail, and service industries. The software is designed to be scalable, allowing franchisors to add new franchisees and locations as they grow their network.

"We are excited to launch our franchise management software and help franchisors streamline their operations, reduce costs, and increase revenue," said Manu Das. "Our software is designed to be flexible, scalable, and customizable, enabling franchisors to adapt to changing market conditions and stay ahead of the competition."

About BrandWide:
BrandWide is a leading provider of franchise management software designed to help franchisors streamline their operations and manage their franchise network more efficiently. The software includes features such as sales reporting, royalty calculation, payment tracking, and report generation, enabling franchisors to automate royalty management and reduce administrative burdens. For more information, please visit www.brandwide.com.
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Contact Email [email protected]
Issued By Subhabrata Mondal | BrandWide
Phone 8017407141
Business Address San Jose, California, USA
Country United States
Categories Business , Technology
Tags franchise management software , franchise crm , franchise software
Last Updated May 16, 2023