Monday, September 25, 2023

TruOI, An Operational Intelligence Platform, Assists Franchise & Chain CEOs to Scale Amid Economic Uncertainty

By ET Bureau - June 24, 2022 2 Mins Read

TruOI_ An Operational Intelligence Platform_ Assists Franchise _ Chain CEOs to Scale Amid Economic Uncertainty-01 (1)

The first real-time Operational Intelligence Platform for franchises and chains helps drive cost control and boost operational efficiency for business leaders amid macro-economic uncertainty.

The prospect of economic uncertainty can be unnerving for franchise and chain business leaders. However, with a strong foundation for operational success, companies can build resilience into their organizations and position themselves to grow and thrive.

The TruOI Operational Intelligence (OI) Platform powers operational resiliency and growth through data integration and by combining the elements of real-time analytics with real-time business task automation.

Examples of how TruOI can increase revenue-per-hour and decrease costs for franchises and chains include:

  • Reduce labor costs by identifying time card violations or unauthorized overtime
  • Keep operations and equipment on track with automated business task triggers and performance alerts
  • Enhance team member performance with 1-to-1 coaching and training
  • Drive in-store promotions with performance-to-goal score cards
  • Manage all company KPIs in real-time from a single platform

Also Read: Managing Demand Volatility in the Supply Chain Efficiently

To accomplish this, TruOI integrates all of a company’s existing corporate and unit software and data, forms & documents, training, and facility systems from all company locations under one umbrella platform.   The power of TruOI gives companies the ability to automate many of their day-to-day operating activities with triggers driven by key performance indicators or scheduled timing.

In addition, TruOI connects both leadership and location team members with real-time coaching, performance management alerts, and detailed measurements based on organizational goals, operational needs, and even daily P&Ls.

TruOI founder and CEO Shadan Malik states, “Now more than ever, TruOI is the key component business leaders need to increase team member performance, control costs, and accelerate growth in all economic environments.”

For franchises and chains with 5 locations or 10,000, TruOI is accessible on any computer or mobile device. Our OI platform makes real-time management of all aspects of a business – from any location – a reality for CEOs and their teams.

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AUTHOR

ET Bureau

The platform covers e entire enterprise technology space- including emerging technologies like RPA, AI, cloud, automation, and the entire gamut of digital transformation tools, strategies and management decisions.

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