Finance teams can use Tree AMS to manage performance and monitor the EBITDA (Earnings Before Interest, Depreciation and Amortization) of single units, territorial performance and overall brand performance. Having preset benchmarks and performance comparisons will help field managers give useful feedback and practical guidance to store managers on improving their overall store performance.
Being able to get direct feeds from the POS and sales uploads means business owners can streamline the management of Royalties wherever applicable.
The collection of royalty fees needs to be as simple and as smooth as possible as part of the business’s workflow. Tree AMS makes royalty collection simple by leveraging technology to integrate royalty calculation as part of the business management process. Regardless of the formula chosen (fixed, a percentage or a hybrid of both), the royalty can be calculated based on the input of relevant revenue earned by the franchisee through integrations with external point-of-sale systems or sales uploads into the Tree AMS system.
Monthly or quarterly collections can be invoiced and alerts made when payment is made. In the event payments do not happen as planned, contingency pathways can be designed to ensure a further iteration for collection is made. This makes the whole collection process so much smoother and painless. This goes a long way to help bind the business relationship between Franchisor and franchisee relationship.