FranchiseSEE and Par Technology (NYSE: PAR) Announce Strategic Partnership
FranchiseSEE and Par Technology (NYSE: PAR) have announced a strategic partnership to provide enhanced insights for franchise systems. FranchiseSEE, a software company specializing in franchise insights and health scores, will integrate with PAR's Brink POS and Data Central solutions. This collaboration aims to offer franchisors and franchisees a comprehensive view of their operations, including:
- Individualized 'SEE' Scores for each location
- High-level franchise rankings
- Real-time data access
- Enhanced reporting and analytics
The partnership has already shown positive results with Clean Eatz, an initial restaurant partner, reporting increased usage and operational improvements among franchisees based on KPI scores provided by FranchiseSEE.
FranchiseSEE e Par Technology (NYSE: PAR) hanno annunciato una partnership strategica per fornire approfondimenti migliorati per i sistemi di franchising. FranchiseSEE, un'azienda software specializzata in approfondimenti e punteggi di salute per i franchising, si integrerà con le soluzioni Brink POS e Data Central di PAR. Questa collaborazione mira a offrire ai franchisor e ai franchisee una visione complessiva delle loro operazioni, compresi:
- Punteggi 'SEE' personalizzati per ogni sede
- Classifiche generali dei franchising
- Accesso ai dati in tempo reale
- Reporting e analisi avanzati
La partnership ha già mostrato risultati positivi con Clean Eatz, un ristorante partner iniziale, che ha riportato un aumento dell'uso e miglioramenti operativi tra i franchisee basati sui punteggi KPI forniti da FranchiseSEE.
FranchiseSEE y Par Technology (NYSE: PAR) han anunciado una asociación estratégica para proporcionar información mejorada para los sistemas de franquicia. FranchiseSEE, una empresa de software especializada en información sobre franquicias y puntajes de salud, se integrará con las soluciones Brink POS y Data Central de PAR. Esta colaboración tiene como objetivo ofrecer a los franquiciadores y franquiciados una visión integral de sus operaciones, incluyendo:
- Puntajes 'SEE' individualizados para cada ubicación
- Clasificaciones generales de franquicias
- Acceso a datos en tiempo real
- Informes y análisis avanzados
La asociación ya ha mostrado resultados positivos con Clean Eatz, un socio restaurantero inicial, que informa un aumento en el uso y mejoras operativas entre los franquiciados basadas en los puntajes KPI proporcionados por FranchiseSEE.
FranchiseSEE와 Par Technology (NYSE: PAR)는 프랜차이즈 시스템을 위한 향상된 통찰력을 제공하기 위해 전략적 파트너십을 발표했습니다. FranchiseSEE는 프랜차이즈 통찰력 및 건강 점수에 특화된 소프트웨어 회사로, PAR의 Brink POS 및 Data Central 솔루션과 통합할 것입니다. 이 협력은 프랜차이저와 프랜차이즈에게 그들의 운영에 대한 포괄적인 시각을 제공하는 것을 목표로 하고 있습니다. 제공되는 내용은 다음과 같습니다:
- 각 지점에 대한 개별 'SEE' 점수
- 상위 프랜차이즈 순위
- 실시간 데이터 접근
- 향상된 보고 및 분석
이 파트너십은 초기 레스토랑 파트너인 Clean Eatz와 함께 긍정적인 결과를 보여주었으며, FranchiseSEE에서 제공한 KPI 점수를 기반으로 프랜차이즈 간의 사용 증가 및 운영 개선이 보고되었습니다.
FranchiseSEE et Par Technology (NYSE: PAR) ont annoncé un partenariat stratégique pour fournir des insights améliorés pour les systèmes de franchise. FranchiseSEE, une entreprise de logiciel spécialisée dans les insights et les scores de santé des franchises, s'intégrera aux solutions Brink POS et Data Central de PAR. Cette collaboration vise à offrir aux franchiseurs et aux franchisés une vue d'ensemble de leurs opérations, y compris :
- Scores 'SEE' individualisés pour chaque emplacement
- Classements de franchise de haut niveau
- Accès aux données en temps réel
- Rapports et analyses améliorés
Le partenariat a déjà montré des résultats positifs avec Clean Eatz, un partenaire restaurant initial, signalant une utilisation accrue et des améliorations opérationnelles parmi les franchisés basées sur les scores KPI fournis par FranchiseSEE.
FranchiseSEE und Par Technology (NYSE: PAR) haben eine strategische Partnerschaft angekündigt, um verbesserte Einblicke für Franchisesysteme bereitzustellen. FranchiseSEE, ein Softwareunternehmen, das sich auf Franchise-Einblicke und Gesundheitswerte spezialisiert hat, wird sich mit PARs Brink POS und Data Central Lösungen integrieren. Diese Zusammenarbeit zielt darauf ab, Franchisegebern und -nehmern einen umfassenden Überblick über ihre Betriebsabläufe zu bieten, einschließlich:
- Individualisierte 'SEE'-Scores für jeden Standort
- Übergeordnete Franchise-Rankings
- Echtzeitzugriff auf Daten
- Erweiterte Berichterstattung und Analytik
Die Partnerschaft hat bereits positive Ergebnisse mit Clean Eatz, einem anfänglichen Restaurantpartner, gezeigt, der von einer erhöhten Nutzung und betrieblichen Verbesserungen unter den Franchisenehmern berichtet, basierend auf den von FranchiseSEE bereitgestellten KPI-Werten.
- Strategic partnership between FranchiseSEE and Par Technology (NYSE: PAR) to enhance franchise insights
- Integration of PAR's Brink POS and Data Central solutions with FranchiseSEE's platform
- Improved visibility and control for franchisors over their networks
- Positive feedback from initial restaurant partner Clean Eatz, reporting increased software usage by franchisees
- None.
Insights
This partnership between FranchiseSEE and PAR Technology represents a significant advancement in franchise management technology. By integrating PAR's robust POS and data analytics solutions with FranchiseSEE's proprietary health scoring system, the collaboration addresses a critical need in the franchise industry for comprehensive, real-time performance insights.
The key innovation here is the seamless data integration from multiple sources, including POS systems, store audits and online reputation metrics. This holistic approach enables franchisors to have a 360-degree view of their network's performance, potentially leading to more informed decision-making and improved operational efficiency.
For investors, this partnership could signal increased market penetration for PAR Technology in the franchise sector, potentially driving revenue growth. However, the real value lies in the stickiness this integrated solution could create, potentially reducing churn and increasing customer lifetime value for PAR.
This partnership is a game-changer for franchise operations in the restaurant industry. The integration of FranchiseSEE's health scoring system with PAR's comprehensive POS and analytics tools addresses a longstanding pain point for franchisors: the lack of standardized, real-time performance metrics across their network.
The competitive spirit fostered by FranchiseSEE's ranking system could drive significant improvements in franchisee performance. Moreover, the ability to quickly identify underperforming locations and implement targeted interventions could lead to improved overall network health and profitability.
The early success reported by Clean Eatz is particularly promising, suggesting that this solution could become a must-have tool for franchise systems looking to optimize their operations. For PAR, this partnership could open up new revenue streams and strengthen its position in the highly competitive restaurant technology market.
, Aug. 28, 2024 /PRNewswire/ -- FranchiseSEE, a software technology company specializing in Franchise insights, rankings, and overall health scores for various industries, announces a strategic partnership with ParTech, Inc. (PAR). This collaboration promises to provide mutual customers with unprecedented insights into their franchise systems through an intuitive and powerful interface.
FranchiseSEE is a low-cost and simple, yet powerful software that provides restaurant franchise operators with a clear view of their location(s) overall health and insight into where they fall within the franchise system. The software utilizes multiple metrics from in-store POS, store audits, and online reputation sites, among other external sources to formulate their individualized "SEE" Score per location. Franchisors meanwhile can see a high-level view of how their entire franchise ranks up, see current royalty reports, input store audits, and much more.
By partnering with PAR, franchisors can now import a diverse range of metrics from PAR Brink POS®, a cloud-based point-of-sale (POS) software designed for restaurants. PAR Brink POS offers features such as order management, payment processing, and customer engagement tools, providing real-time data access and seamless updates.
Additionally, for those operators looking for a more robust solution, PAR's Operations Management Solution for enterprise restaurants, PAR Data Central®, offers comprehensive reporting and analytics. It consolidates data from various sources to give operators a clear view of business performance, helping identify trends and support data-driven decision-making. Integrating PAR's products with FranchiseSEE enhances franchisors' visibility and control over their networks. Data Central is a complete solution for enterprise restaurants – not only franchisees – that helps engineer higher-margin menus, manage inventory more efficiently, and optimize labor costs and staffing with a cloud-based reporting and operations solution built for enterprise restaurants.
"We have worked closely with PAR and their customers on having a solution that is easy and simple to use for Franchisees, that creates a friendly competitive spirit amongst franchisees to drive more sales or guest engagement, all while giving a unique view of overall health with our proprietary SEE Score calculations," says Co-Founder Chris Peterson on FranchiseSEE and PARs partnership and capabilities.
PAR and FranchiseSEE's initial restaurant partner launching on the platform, Clean Eatz, has already seen franchisees making changes to operations based on their KPI scores provided by FranchiseSEE.
"Onboarding with FranchiseSEE was simple and easy, our franchisees have loved being able to see how they stack up within our system utilizing point of sale data and our own custom metrics from other areas within our tech stack. It's easily taken over as the piece of software in our tech stack that is most used by our franchisees," says Don Varady, CEO of Clean Eatz a PAR Brink and FranchiseSEE client.
More information on FranchiseSEE: https://franchisesee.com
More information on PAR Technology: https://partech.com
About PAR Technology:
For over four decades, PAR Technology Corporation (NYSE: PAR) has been a leader in restaurant technology, empowering brands worldwide to create lasting connections with their guests. Our innovative solutions and commitment to excellence provide comprehensive software and hardware that enable seamless experiences and drive growth for over 100,000 restaurants in more than 110 countries. Embracing our "Better Together" ethos, we offer Unified Customer Experience solutions, combining point-of-sale, digital ordering, loyalty and back-office software solutions as well as industry-leading hardware and drive-thru offerings. To learn more, visit partech.com or connect with us on LinkedIn, X (formerly Twitter), Facebook, and Instagram.
About FranchiseSEE:
FranchiseSEE is an affordable, user-friendly software designed to give restaurant franchise operators a comprehensive overview of their locations' health and their standing within the franchise system. By integrating various metrics from in-store POS, store audits, online reputation sites, and custom metrics, FranchiseSEE generates a unique "SEE" Score for each location. Franchisors can access a high-level view of their entire franchise network, track current royalty reports, score store audits, and more, all through an intuitive and easy to use platform. For more information visit franchisesee.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/franchisesee-and-par-technology-nyse-par-announce-strategic-partnership-302227503.html
SOURCE FranchiseSEE
FAQ
What is the strategic partnership between FranchiseSEE and Par Technology (NYSE: PAR)?
How does the FranchiseSEE and PAR partnership benefit franchise operators?
What results has the FranchiseSEE and PAR partnership shown with Clean Eatz?
