Why payment efficiency is crucial for the survival of your franchise network
Spenda
19 April - 3 min read
As a Franchisor you implement many systems and processes that to help your franchisees run their businesses smoothly. And while some of these systems help individual stores run service and product-specific functions, getting the accounts receivable and accounts payable systems right will improve payment efficiency across your entire network. This is particularly important in an uncertain economy where macroeconomic and microeconomic changes can jeopardise revenue growth. Keep reading to learn how enhancing your invoice management and payment infrastructure can accelerate productivity, boost cash flow and strengthen your franchise network.
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