Ceterus Software Launches Direct Connect to Automate Franchise Financial Reporting
Ceterus Software has introduced 'Direct Connect,' a new feature for its Insights Pro platform designed to automate and standardize financial data collection across franchise systems. The tool allows franchisees to securely share bank, credit card, revenue, and payroll information without altering their existing bookkeeping methods, addressing long-standing issues with manual reporting and inconsistent expense categorization. By streamlining the data pipeline, franchisors can access clean, comparable profit and loss statements for peer-based performance analysis. The solution is already utilized by major brands like Ziebart to manage diverse networks of locations. Ceterus currently processes over one million transactions monthly for more than 150 franchise brands, leveraging AI-powered analysis and benchmarking to drive system-wide profitability.
Topics: Data Standardization Financial Automation Franchise Technology