If partners are your posse; billing is your bestie

Uniform Billing in Franchise Businesses

Most franchises use their local software or methods for invoicing and collections. The franchisor has no control over how franchisees are invoicing clients. Presenting a uniform customer experience to customers that span franchisee boundaries do not receive uniform service reporting, invoices and payments.

Challenge

Customers that span franchisee boundaries do not receive uniform service reporting, invoices and payments. Franchisees do not issue compliant invoices, causing delays in collections.

Omniware Approach

Omniware Dynamics Billing uses an innovative and efficient structure to allow businesses to identify upstream and downstream price plans. Price plans define how much customers are charged for products or services. Price plans are also used to automatically calculate fees that franchisors or channel partners are paid for their products, services or Intellectual Property. Invoices or Payment statements are customized for each franchise or channel partner.

Benefits

• Reduce time and improve accuracy of franchisor or channel partner compensation

• Manage accuracy of complex compensation methods / amongst channel partners

• Easily automate financial terms in contracts into compensation flow

• Ideal for advanced compensation situations such as for Intellectual Property and Data Usage rights