Billing solution for franchise owners and franchisees.

Benefits of using Swipez Billing software for franchise business

The Swipez billing software for franchise business drives efficiency while ensuring brand consistency.

 
 

Centralised real time franchise data using Swipez’s franchise management software

Using Swipez, franchisors can oversee all their franchisees data sets like billing, revenue collected, customer information and taxation. Real time updates help you track growth and also identify underperforming franchises. The Swipez software gives you a detailed top level view of the financial performance of all your franchises and helps manage your network.

Reduced human intervention and operational bandwidth with the Swipez franchise billing software

The Swipez franchise management system reduces the number of visits to the franchise by franchise managers, by giving them a birds eye view on the performance of their franchise.This enables you to identify which franchise needs more support. When systems and processes are in place you can focus on increasing franchise revenue and also multiply your franchise network.

 
 

Reduced human intervention and operational bandwidth with the Swipez franchise billing software

The Swipez franchise management system reduces the number of visits to the franchise by franchise managers, by giving them a birds eye view on the performance of their franchise.This enables you to identify which franchise needs more support. When systems and processes are in place you can focus on increasing franchise revenue and also multiply your franchise network.

 
 

Automated split of payments for franchisors

Collecting payments on behalf of your franchise or vice versa is one major pain point of a franchise business. However once payments have been collected disbursing them to the franchise requires human intervention and is a time consuming task. The Swipez franchise business software automates this entire flow, by splitting payments on an invoice level based on percentages fixed by the franchisor, so once an invoice is paid Swipez automatically splits the payment and credits the respective parties. If your model does not work on fixed split percentages, Swipez also allows you to make disbursements to franchises in bulk through a simple excel upload.

Reduces initial IT investments and cost incurred on disjointed softwares

Cloud based software deployments incur 63% lower initial consulting and implementation costs than on-premise ones. Building on-premise systems require a significant budget for equipment,software as well as an investment in time. Using the Swipez franchise business management solutions your data is stored and processed on your vendor’s virtual servers, so you’re not investing in additional machines and server stacks that need to be kept in an in-house data center.

 
 

Reduces initial IT investments and cost incurred on disjointed softwares

Cloud based software deployments incur 63% lower initial consulting and implementation costs than on-premise ones. Building on-premise systems require a significant budget for equipment,software as well as an investment in time. Using the Swipez franchise business management solutions your data is stored and processed on your vendor’s virtual servers, so you’re not investing in additional machines and server stacks that need to be kept in an in-house data center.

 
 

Standardised billing procedure for franchise businesses

Most franchises use their own software or methods for payment collection. The franchisor has no control over how franchisees are invoicing their clients and there is no uniformity in the invoice data collected leading to inaccurate revenue reporting. Many franchisees don't send compliant invoices, causing delays in collections. The Swipez franchise business billing software tackles these issues by giving franchisees a login within the Swipez system.Which requires minimum training for franchisees to use the system. Invoice templates for each franchise are created beforehand with their own logos by the franchisor. All they needed to do is input invoice data into Swipez individually or allow the franchisor to bill on their behalf. If the franchise has existing invoices they can upload their existing worksheet into Swipez and the system generated invoices are sent out automatically. The entire invoicing process across franchisees is automated and standardised.

Features

Manage multiple franchisees

Manage all your franchisees from one dashboard. Oversee all of your franchisees data sets like billing, revenue collected, customer information and taxation.

Split collected revenue

Configure revenue split between your brand and your franchise. Automate revenue settlements directly to your franchisee bank account.

Centralized or franchise run billing

Allow your franchise to manage billing for their customer set OR run it centrally via your central dashboard and provide read-only access to your franchisees.

On time billing

Fast and error-free invoicing with online payment collections. GST compliant invoices with customized invoice templates as per your company needs.

Automated reminders

Payment reminders sent to customers automatically on Email and SMS with payment links. Customizable reminder schedule.

Bulk invoicing

Raise invoices in bulk to a large customer base via excel upload or APIs. Easy upload formats provided out of the box.

Recurring billing

Set up subscription billing and your customers will receive your bills automatically at a set frequency every month.  

Auto debit payments

Set up recurring deductions via wallets. Eliminate OTP input for subscription payment collections resulting in faster collections.

Collect payments online

Provide multiple payment modes to your customers like UPI, Wallets, Credit, Debit Card, Net Banking. Send and present online receipts to customers upon payments.

Customer retention

Send custom coupons to customers. Notify customers of new services via SMS. Provide your customers coupons & offers from the largest online brands.

GST filing for billing data

File your monthly GST directly from your console. Automated reconciliation and preparation of GST R1 & 3B from your collections data.

Customer database

Built-in customer database to manage all your customer data accurately. Ability to group customers and notify them of your services.

Advantages of a Swipez billing software

Key advantages companies using our billing solutions have seen

1

Save time

Saved over 100+ man hours every month due to automated split payments

2

Custom invoices

Custom invoices sent for every franchisee against their GST number

3

Automated settlements

Automated thousands of bi-party settlements every month across multiple franchisees

4

Late payments reduced

Late payments reduced by 18%

5

Cash collection reduced

Cash collection reduced by 45%

Companies with swipez cable tv operator software have organized their billing

See why over 6000+ businesses trust Swipez.

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