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.
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: