Manage your Franchise
If you are running a franchise business and as a franchise owner you want to manage the business of your franchise customers, then HDERP is a perfect solution for you. HDERP comes with a powerful feature for managing franchise business effectively.
To have a better and effective control of franchise customers, you can create a franchise customer as a company and then business location for it. So that each of your Franchise Customer will be a company to your Franchise Owner.
Centralized Data
Enables franchsior create and maintain centralized data.Create central sales orders for all franchise locations.
You can also check the activities of the franchise, track and compare their performance, irrespective of the location they are working on.
Security
Restrict your franchise customers from viewing the data of other franchise customer location. All the financial transactions made in one franchise customer location can be made visible only for that location. Maintain separate accounting book of records for each franchise location.
Manage Sales and Purchases
Make Invoice for your franchise customer from franchise owner location. HDERP allows you to automatically create GRN for your franchise customers whenever a sales invoice is made from franchise owner location. Easily maintain different purchase price for the franchise owner and your franchise customers.
Inventory Management
With a centralized database, the franchisor can keep track of inventory at different franchise outlets. Set low stock alerts and quickly reorder the stock by placing purchase orders.
Accounting
The integrated accounting and financial data management capabilities updates books of accounts automatically as you ring up sales and create invoices. Define credit limits and payment terms for your franchise locations. Get reports for paid and unpaid bills and enables you to send out sms or email notifications.
Analytics
Built-in reporting capabilities will help you analyze your franchise business performance by looking and comparing sales at different franchise outlets. Get customized reports for sales, inventory, accounting, purchase and many more.
Manage your Currency
HDERP comes with a robust feature of managing multiple currencies for Sales, Purchases and financial accounting. This becomes useful for the users who run their business with multiple currencies. HDERP allows you to manage one primary currency which is the base currency and allows you to create many non-primary currencies.
Unlimited Currencies
HDERP supports unlimited currencies. Manage primary and non-primary currencies. Define currency conversion rates for non-primary currencies with respect to the primary currency.
Currency Conversion Rates
User-defined currency conversions rates. Option to override conversion rates.
Sales and Purchase
Make invoices in multiple currencies and HDERP will generate financial transactions in the currency used in the sales invoice. You can also allow financial transactions to be converted in primary currency when you receive payments in non-primary currency.
Currency for Supplier
HDERP automatically selects the currency in a purchase as soon as you select the supplier. Currency country in HDERP is directly linked with the supplier country. This becomes helpful when making purchase entries and also reduces the mistake of selecting the wrong currency for a supplier.
Financial Accounting
Manage your financial accounting in multiple currencies. View Accounting ledgers in multiple currencies. Record your expenses in the currency you want. Maintain separate cash registers for each of the currency. Convert your non-primary currency amount into primary currency by passing a money transfer conversion entry.
Analytics
Create detailed analytical reports of payables and receivables in primary or foreign currency. You can generate various reports to know your data with multiple currencies.