Access In-Depth, System-Wide Financial Data
Managing a multi-unit franchise can be hectic; there’s a lot to monitor and the multiple locations makes things even more complex. You have the same responsibilities for every location and each one of them impacts the bottom line of
your entire operation. If you’re part of multiple franchise concepts, there’s even more to think about! After all, managing a successful franchise in a competitive economy can be overwhelmingly operational – royalty calculations,
accurate inventory adjustments, complex tax law updates, compliance paperwork, intercompany transactions, standard reporting across the business and most importantly a simplified cashflow you can keep tight control of. You need to
see the top-level picture of the business as a whole while also reviewing the contribution of each location with the ability to easily dig deeper when needed.
Rigid outsourcing services can cripple franchise operations, complicate logistics, and burden businesses with unnecessary costs. To be truly useful, a multi-unit franchise accounting solution must capture the same data, coded in the same way, within the same time frame at each location. By leveraging a standard chart of accounts for input from multiple locations and reporting through a centralized system, you will be able to accomplish that, without adding a burden on each location, and you will easily be able to see the numbers on an individual or aggregated basis.
At QBSS, you Get More to Go On. We enable real-time reporting and data visibility across financial, and operational metrics that saves time, effort and enables up-to-date accuracy of key indicators. Whether you own the most popular fast-food restaurant in your region, a dozen fitness centers, or 100 tire shops in your state, we offer technology to streamline your financial reporting and planning. A multi-unit franchise accounting solution you can count on to deliver accurate and timely results at the unit and company level. And with plenty of flexibility, you can capture the information that matters most to you, and even view results in a way that is most meaningful to you. With QBSS, you Get More to Go On you will be able to identify and share best practices across your locations so you can increase system-wide profitability, which translates directly into bottom-line results and, ultimately, customer satisfaction.
Bank Transactions Reconciled
AP Invoices Processed