Getting to know the RMS

RMS stands for Risk Management System. It is a platform that we use to automate insurance compliance monitoring, ensuring that franchisees or vendors maintain the necessary coverage. The RMS helps alleviate the burden on administrators by managing all insurance documentation and compliance monitoring for the franchisees associated with a franchise brand.

Some key functions of the RMS include:

• Active, Inactive, or New Lead Franchisee list
• Franchisee insurance compliance status
• Franchisee insurance compliance granular data
• Franchisee insurance compliance score
• Entity-level policy status
• Franchise brand insurance compliance data
• User management

By utilizing the RMS, we aim to provide a seamless experience for franchisees, ensuring they are compliant with their insurance requirements while reducing administrative tasks.