Before diving into what the network relationship management (NRM) application has to offer, it’s important to know what NRM is and why you should care.
A multi-level marketing business depends on people’s networks to sell its services or products. This means meeting people and benefiting from those relationships in the form of leads. Therefore, the bigger the network, the more leads you’ll get, and ultimately, the more money the business can rake in.
When starting, the networks will be small and manageable but once the business grows, the networks can develop into a complex web. This is where a network relationship management application comes in handy.
With it, you can increase your network’s performance and transparency to make the right decisions and manage it the best way possible. The NRM application in MLMSOFT Cloud Platform is for the company’s founders, executives, and office staff. It also allows you to have total control and all the information about your business.
Arrange online presentation of the platform
With the network relationship management software offered by MLMSOFT.com Cloud Platform, you stand to benefit from:
Regardless of whether you have a massive network or you are just starting, the platform allows you to monitor your entire network live and in real-time.
This means you can perform operations such as view, search, filter, export, filter, export, and edit on profiles, tree position, ranks, metrics, virtual wallets, payouts, rules, and financial operations.
Real-time and periodic calculations and full history of all the bonuses and rewards according to your compensation plan. The plan and its rules can be adjusted to absolutely any algorithm due to our high-preformance compensation plan engine in the core of the platform.
To make sure your MLM business is on the right track, you need detailed reports to make a thorough analysis and with this feature, you get two types of reports.
Default reports – This is the most basic report offered in the application’s basic configuration. Here, you’ll get:
Custom reports – As the name suggests, the application allows you to customize your reports using powerful report builder. This option is inexpensive and convenient.
For smooth operations, you need to keep an eye on the finances. This feature gives you detailed reports on financial data including:
The configurator option in the platform allows you to make changes to suit your MLM business. Some of these settings include:
System Preferences
Here, you have a section titled ‘Data Formats’ where you can view and set the format for all types of data used in the application.
Finally, in the Global settings, you can view and edit the global settings of the application.
Configure Users and Roles
This section deals with administrative users access management and it houses these two sub-sections:
Financial Settings
In the financial settings, you’ll have 4 operations:
Message Settings
Here’s what you get with this feature:
Compensation Plan Engine
Member Accounts
Integrations
Localization
Under localization, you can edit all system messages and texts in preferred interface language or add localization to a new one.