We are delighted to announce the launch of the Eclipse Royalty & Rights Management System for Franchisor Based Accounting (ERRMS-FBA). Based upon the Microsoft Dynamics GP accounting solution, ERRMS-FBA provides best-in-class royalty management software, services and ongoing support for growing franchisors.
With ERRMS-FBA, royalty income from franchisees can be aggregated and processed for recording all of the typical franchise based income categories. Typical revenue calculations include: royalty income, ad revenue, deferred income and loan payments. Other royalty management categories can be set up by the client to generate user-defined calculations making franchise accounting a seamless process for any parent company.
Once the calculations are processed, full integration within Dynamics GP allows automatic capturing of the weekly or monthly revenue streams in a totally hands-free process.
For further details on ERRMS-FBA, please call us on +1 201 746 6255, send an email, or visit our solution page: