factual

What is the approximate monthly cost for the Financial Cents software for a Ledgers franchise?

Ledgers Franchise · 2025 FDD

Answer from 2025 FDD Document

Software Name Nature Approx. Cost per month
(currently)
Loyalty Accounting System Bookkeeping, and $30/month
powered by Intuit Accounting functionality
Dext Receipt Capture and Recognition integrated with Intuit $30/month
Financial Cents CRM Platform $212.40/month

Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS AND TRAINING (FDD pages 27–32)

What This Means (2025 FDD)

According to Ledgers' 2025 Franchise Disclosure Document, franchisees can expect to pay approximately $212.40 per month for the Financial Cents CRM platform. This cost is in addition to other software subscriptions that Ledgers specifies or recommends. These costs are subject to change, as Ledgers does not set the prices of third-party providers but does attempt to negotiate pricing for the benefit of its franchisees.

It is important to note that the software license types and service providers can change at any time. Ledgers franchisees are responsible for maintaining their computer systems and must replace, update, or upgrade their hardware systems as required by Ledgers. The estimated annual cost of optional or required maintenance, updating, upgrading, or support contracts to the computer systems is approximately $1,000.

Prospective Ledgers franchisees should factor these ongoing technology costs into their financial projections. They should also be prepared for potential changes in software requirements and associated expenses throughout the term of their franchise agreement. Understanding these technology-related obligations is crucial for managing the overall cost of operating a Ledgers franchise.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.