Does Advanced Mobile Iv And Amiv have the ability to poll franchisee data and systems?
Advanced_Mobile_Iv_And_Amiv Franchise · 2023 FDDAnswer from 2023 FDD Document
We may require you to use an information processing and communication system that is fully compatible with any program or system which we, in our sole discretion, may employ. If we require, you must record and transmit all financial information using this system and our designated ISP or other communication vendors. We may at our discretion change standards for reporting to provide effective technology for the entire system. We will have full ability to poll your data, system, and related information by means of direct access whether in person or by telephone/modem. We will have independent access to the information that will be generated and stored in your information processing and communication system. We will have access to all of your data and there will be no contractual limitation on our right to access your information or data. We will not implement any electronic system that will disrupt or damage your electronic system, and our access will be read-only.
We may utilize financial and other data received from you and your computer systems. To provide transparency in the franchise system and for reporting purposes, we may publish any of your financial and other data so received on our franchisee intranet and disclosure documents; this information may include without limitation sales, lead volume, closing ratio, cost of goods and services sold, etc.
Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS, AND TRAINING (FDD pages 28–36)
What This Means (2023 FDD)
According to the 2023 Advanced Mobile Iv And Amiv Franchise Disclosure Document, Advanced Mobile Iv And Amiv has the ability to poll franchisee data and systems. Advanced Mobile Iv And Amiv may require franchisees to use an information processing and communication system that is fully compatible with any program or system that they may employ. If required, franchisees must record and transmit all financial information using this system and Advanced Mobile Iv And Amiv's designated ISP or other communication vendors.
Advanced Mobile Iv And Amiv may change standards for reporting to provide effective technology for the entire system. They will have full ability to poll franchisee data, system, and related information by means of direct access whether in person or by telephone/modem. Advanced Mobile Iv And Amiv will have independent access to the information that will be generated and stored in the franchisee's information processing and communication system.
Advanced Mobile Iv And Amiv will have access to all of the franchisee's data and there will be no contractual limitation on their right to access franchisee information or data. Advanced Mobile Iv And Amiv states that they will not implement any electronic system that will disrupt or damage a franchisee's electronic system, and their access will be read-only. Advanced Mobile Iv And Amiv may utilize financial and other data received from franchisees and their computer systems and may publish any of a franchisee's financial and other data so received on their franchisee intranet and disclosure documents, including sales, lead volume, closing ratio, and cost of goods and services sold.