Austin, Texas, December 10, 2025
Qvinci Software has recently announced the grant of a new patent that enhances its automated technology for normalizing and analyzing data from multi-location organizations. This innovative system addresses common challenges faced in multi-location reporting, including inconsistencies in data sets. The new technology allows organizations to conduct rapid analytics and make informed, data-driven decisions, greatly improving efficiency in financial performance management, exemplified by their widely used KPI Scorecard tool.
Austin, Texas – Qvinci Software has taken a groundbreaking step in data analytics with the recent grant of a patent aimed at enhancing its automated technology for normalizing and analyzing data from multi-location organizations. This innovation directly addresses persistent challenges in multi-location reporting and business intelligence, including inconsistencies in Charts of Accounts and diverse data sets across various locations.
The patented system is designed to automate the standardization of heterogeneous data, enabling organizations to identify relevant activities and dynamically highlight metrics and locations that require immediate attention. This leap in technology equips businesses with the capability of performing rapid, accurate analytics across their entire ecosystem, allowing for data-driven decision-making that is unprecedented in clarity and efficiency.
Qvinci’s flagship KPI Scorecard exemplifies the potent application of this new patent. This tool, widely used by franchise brands, accounting professionals, dioceses, and multi-location organizations, simplifies what has historically been a cumbersome process of compiling profit and loss statements to create comprehensive scorecards. What once entailed extensive manual effort now transforms into a streamlined operation thanks to Qvinci’s sophisticated engine, which automates the entire process.
By reducing reliance on manual procedures, Qvinci empowers business leaders, coaches, and advisors to concentrate on advancing performance rather than spending inordinate amounts of time preparing reports. This technological advancement solidifies Qvinci’s commitment to providing innovative automation solutions that effectively enhance financial performance management across the multi-location landscape.
### Enhanced Features of Qvinci’s Technology
Qvinci’s platform delivers automatic data collection, consolidation, and mapping of both financial and non-financial data into a centralized Standard Chart of Accounts. This system ensures that financial reports and analytics can be generated quickly and accurately, all at the click of a button. Additionally, the platform offers customizable reporting packages and business intelligence dashboards, providing decision-makers with immediate insights for both individual locations and the organization as a whole. Scalable in design, the platform offers ERP-like functionality at a fraction of the cost, along with enhanced security and user-friendliness.
A notable example of the impact of Qvinci’s technology can be seen with Orangetheory Fitness, which achieved near 100% adoption and compliance across its network. This illustrates the platform’s efficacy in fostering transparency, collaboration, compliance, profitability, and ultimately, organizational expansion through clear performance metrics.
### Conclusion
In conclusion, Qvinci Software’s new patent marks a significant advancement in the way multi-location organizations can handle their data analytics and reporting. By introducing greater automation and standardization, businesses can now operate with enhanced efficiency and make informed decisions swiftly. This development serves as yet another testament to Austin’s entrepreneurial spirit and commitment to innovation, positioning the city as a thriving hub for technological advancements that drive economic growth.
Local businesses and entrepreneurs are encouraged to stay engaged with the evolving landscape of Austin’s economy and consider how innovations like Qvinci’s can provide them with competitive advantages in their respective markets.
Frequently Asked Questions (FAQ)
What is Qvinci’s new patent about?
Qvinci’s new patent enhances its automated technology for normalizing and analyzing disparate data from multi-location organizations, addressing challenges like inconsistent Charts of Accounts and varying data sets across locations.
How does Qvinci’s patented system work?
The system automatically standardizes heterogeneous data across all locations, identifies relevant activities, and dynamically highlights metrics and locations requiring immediate attention, resulting in rapid and accurate ecosystem-wide analytics.
What is the KPI Scorecard?
The KPI Scorecard is a performance tool used by franchise brands, accounting professionals, dioceses, and multi-location organizations. It automates the process of creating multi-location KPI scorecards, transforming a traditionally time-intensive and error-prone task into a streamlined operation.
How does Qvinci’s technology benefit organizations?
By eliminating manual processes, Qvinci’s technology empowers leaders, coaches, and advisors to focus on improving profitable performance rather than preparing reports, enhancing financial performance management for multi-location organizations.
What other features does Qvinci’s platform offer?
Qvinci’s platform offers automated data collection, consolidation, and mapping of financial and non-financial data from each location to a centralized Standard Chart of Accounts, ensuring timely and accurate financials and analytics. It also provides customizable reporting packages and business intelligence dashboards, with scalability to accommodate various organizational sizes.
Can you provide an example of Qvinci’s impact?
Qvinci’s solution has helped organizations like Orangetheory Fitness achieve near 100% adoption and compliance across its ecosystem, enabling benchmarking, monitoring, and improvement of performance across multiple locations, driving transparency, collaboration, compliance, profits, and expansion.
Key Features of Qvinci’s New Patent
| Feature | Description |
|---|---|
| Automated Data Standardization | Automatically standardizes heterogeneous data across all locations, resolving challenges like inconsistent Charts of Accounts and varying data sets. |
| Dynamic Metric Highlighting | Identifies relevant activities and dynamically highlights metrics and locations requiring immediate attention, enabling rapid and accurate analytics. |
| Enhanced Decision-Making | Empowers organizations to make data-driven decisions with unprecedented clarity and speed, improving overall performance. |
| Application in KPI Scorecards | Transforms the creation of multi-location KPI scorecards from a time-intensive, error-prone process into a streamlined operation. |
| Elimination of Manual Processes | Reduces manual processes, allowing leaders, coaches, and advisors to focus on improving profitable performance rather than preparing reports. |
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