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Ready to learn more about FP&A for franchises? Schedule your free consultation:

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Sed sit amet finibus nulla. Integer a ligula viverra, dapibus mi eu, volutpat purus. Praesent posuere et risus nec bibendum. Curabitur quam nibh, maximus lobortis tortor ac, congue pulvinar augue.

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MULTI-UNIT FRANCHISEES

Fitness Multi-Unit Franchisee Operator Automates Finance and KPI Reporting to Save $125,000 a Year


“The biggest challenge for FCM, prior to implementing Vena, was the manual nature in which datawas collected, transformed, and reported on. The touchpoints not only caused delays, butinevitably led to recurring human error. On top of that, we had a dedicated resource who wasresponsible for the recurring production of these daily, weekly, and monthly reports. Venaeliminated the errors from human intervention and scaled down that resource to drive laborefficiencies for FCM.”

ROI: 1-year payback period
Cost Benefit: $125k average annual benefit

Why Franchises Choose Citrin Cooperman

Citrin Cooperman understands the franchise industry. For over 40 years, Citrin Cooperman’s dedicated Franchising Industry Practice has supported some of the world’s largest franchise operations within a vast array of diversified industries.

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2024 Franchising at Work Gold Award Winner

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Institute of Certified Franchise Executives

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Top Franchise Supplier 2023

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International Franchise Association

Optimize Your Franchise Performance

Citrin Cooperman delivers a pre-configured solution designed specifically for franchisors and multi-unit franchisees, powered by the Vena platform. This solution seamlessly integrates operational and financial data, equipping franchisors and franchisees with the tools to make informed decisions, boost customer satisfaction, and drive profitability.

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Unify Your Data Across Locations

Break down data silos with a centralized platform that consolidates financial and operational information from your entire technology stack. Vena integrates seamlessly with your existing systems, providing a unified view of accurate and consistent data for your entire franchise network.

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Streamline Budgeting and Forecasting

Vena’s Excel-friendly platform empowers finance and operations teams to easily submit accurate budgets and forecasts. Franchisors can efficiently manage and oversee financial planning across all entities with templates and workflows designed for franchise-specific needs, while multi-unit franchisees gain streamlined oversight and control over financial planning across all their locations.

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Automate Royalty and Other Sales-Based Calculations

Streamline processes and minimize errors by automating royalty and sales-based fee calculations with Vena's integration to your ERP system. Vena enhances transparency and consistency, enabling easier trend analysis and cash flow management across your entire franchise network.

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Track Key Performance Metrics in Real-Time

Leverage intuitive dashboards and reports to monitor financial and operational performance with ease. Gain real-time insights into revenue, expenses, and other critical KPIs, empowering franchisors and multi-unit franchisees to make informed, data-driven decisions to optimize operations and drive success.

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Foster Growth and Scalability

Vena empowers franchises to grow with confidence by offering tools to efficiently manage new locations, enter new markets, and scale operations. With robust benchmarking and historical data analysis, franchise businesses can drive profitability, ensure operational efficiency, and maintain complete oversight throughout the expansion.

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Special Offer for Franchises: Go Live on Vena in Just Five Hours

Now is the perfect time to make the switch to Vena. Transform your franchise’s financial planning and analysis (FP&A) processes with accurate, reliable budgets, plans, and forecasts—all within the familiar Microsoft Excel environment. Discover how you can elevate your FP&A processes with Citrin Cooperman’s Live in Five offer for franchises.

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2024 Franchising at Work Gold Award Winner

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Institute of Certified Franchise Executives

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Top Franchise Supplier 2023

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International Franchise Association

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FRANCHISORS

Key Ingredients for Best-in-Class Franchises

Watch the Key Ingredients for Best-in-Class Franchises strategy webcast with Vena and Citrin Cooperman, where industry professionals share best practices for cohort reporting, key performance indicators (KPIs), and more. Learn how one franchise reduced reporting times from over 100 hours per week to mere seconds and how a multi-brand franchisor leverages Vena for Franchising.

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Sed sit amet finibus nulla.

Sed sit amet finibus nulla. Integer a ligula viverra, dapibus mi eu, volutpat purus. Praesent posuere et risus nec bibendum.

Why Franchises Choose Citrin Cooperman

Citrin Cooperman understands the franchise industry. For over 40 years, Citrin Cooperman’s dedicated. Franchising Industry Practice has supported some of the world’s largest franchise operations within a vast array of diversified industries.