Franchisor

For more than 25 years, RICS Software has partnered with customers on both sides of the franchising equation. We understand the importance and sensitivity of moving information between franchisees and franchisors. RICS Enterprise offers the balanced solution needed to satisfy the point of sale and inventory management requirements at the store level with the performance information needed at the franchisor level. A number of features have been designed into RICS Enterprise to meet the specific needs of a franchise organization.

• Improve business intelligence
  • Achieve visibility to real-time store level sales and inventory data
  • Run accurate reports any time of the month on any date range
  • Separate, compare or combine stores when running sales reports
• Reduce the delay and increase the accuracy of royalty payment collection
  • Ensure a consistent calculation of net sales across all franchisees
  • Forecast royalty collections throughout the month via real-time sales data
  • Gather net sales for all stores the first day of the month via real-time sales data
  • Reduce fraud by eliminating the under-reporting of sales
• Manage the creation and updating of common data centrally
  • Eliminate store owner efforts to create the same data (e.g., SKUs and UPCs) at every store
  • Minimize inconsistent naming conventions by standardizing all stores on a common retail platform with a centrally managed database
• Activate new stores quickly
  • Eliminate the need to manually enter data such as suppliers, SKUs, UPCs and size grids by inheriting applicable data from the common database
  • Increase the productivity of Operations and Training staff by remotely coaching new store personnel
• Create and manage a gift card program across the entire franchise organization

If you have Electronic Data Interchange (EDI) and/or accounting system integration needs, please contact a RICS Sales Associate at 800.654.3123 ext. 2.