Many of us have been there. You ask an acquaintance a seemingly innocuous question along the lines of, “do you have any summer vacation plans?” Then, they laugh and quip, “what’s a vacation?” That’s the response typical of today’s chain or franchise CEO. With so much to stay on top of, any form of downtime can seem like the furthest thing from their mind.
It goes without saying that these business leaders face more complex operating environments than ever before. That results in pressure coming from all sides. Right now, they’re dealing with macro-level issues like supply chain problems, staffing shortages, and wage increases that are coupled with day-to-day operational management like training, sales, scheduling, and so much more. The hundreds of details to track make it hard to know where to focus their time and energy to drive the greatest payoff.
The ultimate problem is not simply a lack of time or energy. It’s disjointed data and technology that puts the burden on business leaders.
How do point solutions stand in the way?
Franchise and chain business leaders use a variety of systems and processes daily to keep the business moving forward. That can include everything from point-of-sale (POS), time and attendance, inventory, training, equipment management, scheduled cleaning and inspections, and promotions, as well as other systems, checklists, and forms for every aspect of the business at each location.
Many of those have seen an overhaul over the past few years in the technology or software used. That was partly out of pandemic necessity but also as an investment to save time and money. Of course, that investment has helped solve specific problems for specific areas of the business. Yet, it’s still costing business leaders overall.
Disconnected technology and manual tracking mean business leaders don’t have the visibility they need into operations to drive efficiency and greater profitability. Mining data and manipulating it monopolizes time that could be spent exploring growth opportunities.
They need a single place that makes it easy for them to stay on top of business operations so they have the insights they need to make the right decisions at a moment’s notice. The TruOI Platform gives chain and franchise CEOs visibility and time back to focus on the big picture – and maybe even take a vacation.
Here are three ways TruOI helps:
1. Provides full management and control with a centralized place for data
Multi-unit business leaders need a clear understanding of the operations of their locations. They need to be able to view it at a high level and drill down into location-level specifics.
TruOI helps leaders know exactly where their operation stands at all times by centralizing data into a single, integrated platform. By integrating all chain and unit operations data and software systems from all locations, leaders can act on real-time data. No longer do they have to pull reports from multiple systems for multiple locations. It’s all in a single view so business leaders can monitor KPIs easily.
2. Automates activities and tracks KPIs
Chain and multi-unit business leaders often end up spending too much time checking in and providing instruction on operations when that time could be better spent on the things that matter most to them.
With TruOI, business leaders never have to feel uneasy about the status of operations. The platform allows them to easily automate pre-scheduled activity or automatically trigger business processes based on pre-programmed “in-bounds or out-of-bounds” performance limits. If something hits below or above the limit, the leader gets an automatic alert.
Take this scenario. Supply chain issues are causing problems for many brands right now. So, it’s important to be aware of inventory levels and protect what you have stocked. With TruOI’s platform, business leaders can automatically get alerts notifying them if inventory is low, fridge temps go out of range, or equipment is down, for example.
3. Gives busy leaders access to data anytime, anywhere with mobile tools
It doesn’t matter if a chain or multi-unit business leader has five locations or fifty. They are always on the go, and their attention is pulled in multiple directions. Being tethered to a computer simply won’t work.
TruOI is accessible on any device – computer, tablet, or phone. The mobile-optimized platform provides quick and easy access to data so that business leaders can run their operations from anywhere and at any time.
Ultimately, the question really is: how much is your time worth to you? Explore further what it means to put your existing systems to work for you and take back your time in this whitepaper.
Learn how you can spend more of your time doing the things that matter most to you.
Chain and franchise CEOs that use TruOI can breathe easier knowing that they have true visibility and control over their business. The efficiency they gain translates to time back to spend on high-level business growth or something else entirely, like spending time with family, taking a vacation, or simply taking time to enjoy life. They can feel confident that their locations are performing at the highest level because they can see the data visually and in real-time.
Want to improve efficiency, gain visibility, and stay in control of your business, all while running your business from the beach? Request a demo of TruOI today.