Under what condition is an Expense Reduction Analysts franchisee not charged for using SpendVue?
Expense_Reduction_Analysts Franchise · 2025 FDDAnswer from 2025 FDD Document
- SpendVue Fees. SpendVue is proprietary software owned by franchisor and required to be used in all projects. SpendVue assists the presentation of the benefit of franchisee's expense reduction offering to its clients. The charge is currently 1.5% of the Net Cumulative Receipts which sum is paid to Franchisor whenever the client pays the project fees. If the prospective client does not engage franchisee's services, no fees will be charged to franchisee for using SpendVue in the client engagement process. Your SpendVue Fees paid may be reimbursable from your Marketing Fund Contributions. We may develop or substitute other cost intelligence assessment tools and or proprietary products for use in your Consulting Business, including private-label products that bear our Marks. If we update or replace SpendVue you will be required to use and pay fees for any such alternate product(s).
Source: Item 6 — OTHER FEES (FDD pages 13–19)
What This Means (2025 FDD)
According to the 2025 Expense Reduction Analysts Franchise Disclosure Document, a franchisee will not be charged for using SpendVue if the prospective client does not engage the franchisee's services. SpendVue is Expense Reduction Analysts' proprietary software that franchisees are required to use in all projects to demonstrate the benefits of their expense reduction services to clients.
In cases where a prospective client decides not to proceed with the franchisee's services after the initial engagement process involving SpendVue, the franchisee will not incur any fees for using the software during that client engagement. However, if the client does engage the franchisee's services, a fee of 1.5% of the Net Cumulative Receipts is charged to the franchisee, which is paid to Expense Reduction Analysts whenever the client pays the project fees.
Expense Reduction Analysts retains the right to update or replace SpendVue with other cost intelligence assessment tools or proprietary products, and franchisees would be required to use and pay fees for any such alternate products. Franchisees should be aware that the SpendVue fees they pay may be reimbursable from their Marketing Fund Contributions, providing a potential avenue to offset these costs.