Franchise operators are continually seeking ways to improve the services to their franchisee network  and generally give their franchisees the tools that differentiate being part of a franchise from being a sole trader.  For a franchise to succeed they must continually look for ways to help their franchisees reduce overheads, boost efficiencies and generally become more profitable. The more successful the franchisees are, the more profitable the franchisor. 

franchiseIQ offers franchise operators an own-branded franchise management platform that not only standardises the business processes for all franchisees, it also tracks their activity and provides consolidated results across the franchise, giving visibility to the franchisor and allowing benchmarking of the franchisees to help improve results across the whole franchise. 

franchiseIQ is the ideal platform for your franchise network, providing anytime-anywhere access via the Internet at a lower cost than standard on-premise installed software solutions allowing you to:

• Standardise business processes and reporting and simplify administration for all franchisees
• Manage product files centrally for easy implementation of changes in products and pricing
• Automate franchisee-franchisor transactions
• Get realtime visibility of consolidated franchise results
• Benchmark KPI's as basis for profit improvement programme
• Integrate easily with front-end systems eg EPOS
• Integrate franchise Webshop orders for fulfilment by franchisees
• Brand as franchisor's own solution with tailored dashboards - stengthens your brand
• Franchisees requiring only basic bookkeeping skills to operate the system
• No need for franchisees to maintain their own accounting system or servers
• Realise new revenues by providing franchisees with an accounting service as part of your standard portfolio of services

Franchise Specific Features of franchiseIQ include:

• The Franchise Management Console – access and manage your franchisee company accounts from one central access point
• Franchisee set up wizard - an easy-to-use facility, so you can set up new franchisees and have them live within minutes based on a template or an existing franchisee's structure.
• Automated transactions between franchisor and franchisee - eg: franchisee's Purchase Order is auto posted to franchisor as Sales Order to be fulfilled. 
• Management of Products and Pricing for all franchisees by you as the franchisor.  Where ordering from franchisee the sales price for frnachisor automatically becomes cost price for franchisees.
• Consolidated purchase analysis across the franchise to allow you negotiate better deals with preferred suppliers
• Franchise specific KPIs based on financial results by business line but also non-financial measures to monitor operational efficiency, volumes etc. KPIs can be based on financial or non-financial measures or can be combined (e.g.: average spend per customer; average cost per support call)