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Franchise accounting software

Franchises often experience the same challenges of start-ups but multiplied for every new outlet signed-up. As a result, you need franchise accounting software that satisfies both a small business start-up, that is scalable for rapidly growing enterprises seeking control and visibility. AccountsIQ is the affordable, streamlined answer to your unique situation.

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Modern accounting

Deploy customised franchise templates and start monitoring sales volume and productivity within hours.
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Group reporting

Produce streamlined, aggregate reports from live data to keep a close eye on cash flow and sales benchmarks.
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Role-based dashboards

Closely monitor performance by franchise, product or service line and make better decisions.
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Integrated reports

Create consolidated reports from live information without the need to export data.

The best software for franchise accounting

AccountsIQ's core consolidation engine ensures that all franchisee data can be presented in aggregate reports to help the franchisor gain a complete overview of comparative operations. Support your franchisees with insights that inform better decision-making to benefit the whole franchise.

Our financial consolidation features

Create one accounting infrastructure for your entire franchise

With a growing number of franchisee entities you might find your critical data buried in multiple accounting systems spread around the designed for either startups or enterprise organisations. AccountsIQ is your single platform helping your franchisee partners with accounting templates to guide them from start-up through scale-up to maturity. Get all your entities and their data onto one, common accounting platform ... right from the start.

Franchise accounting overview

Drive franchise efficiency, productivity and profitability

There are so many challenges facing franchisors that sometimes keeping tabs on multiple franchisees can seem daunting. Ensuring consistency and helping outlets manage cashflow whilst planning for new outlets to fuel growth. Gather real-time data to fuel timely decision-making. AccountsIQ provides all the reports and analysis you will need to prime and sustain growth.

Trusted by these Franchises

Gain control and minimise revenue leakage

A franchise relationship is a partnership and your agreements will be constructed to ensure all parties meet their obligations to ensure mutual success. A solid accounting foundation, including reporting obligations, will help to ensure that franchisees maintain diligent records and report accurately to maximise revenue for the franchisor. Using AccountsIQ as a white-label accounting platform or to upload data in prescribed formats will all help to ensure that all parties are providing accurate and timely information.

Find out how we make collaboration easier

Giving your franchise the edge

Aggregate performance results

AccountsIQ Consolidation offers centralised storage of date to best monitor performance and obligations.
White label franchise accounting

Franchisors may offer AccountsIQ access via self-branded screens and login portals to share low-cost streamlined administration.
Secure cloud accounting

Users are provided specific access permissions and audit trails can prevent the need for expensive professional audits.
International growth

Global expansion requires sophisticated multi-currency and compliance with local taxation, without losing control or visibility.
Collaboration & integration

Integrate with point of sale and other apps to gather accurate and timely data. Interact with franchisees.
Reporting

AccountsIQ's range of standard financial statements keeps franchisees focused on operational priorities without relying on data exports to spreadsheets.
Dashboards & analytics

Key performance metrics help outlets scale-up to peak efficiency as early as possible. Franchisors can monitor, measure, and then move to adjust prices and promotions.
Budgeting & forecasting

Budget checking and monitoring enables robust financial disciplines to help with forecasting future sales and cash positions.
Simplify complex accounting

Sophisticated accounting transactions are managed easily allowing amortisation of initial fees and spread of royalty payments.

Top 5 benefits of adopting AccountsIQ to sustain a growing franchise operation

Consistent information

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Get consistent information from your franchisees

Get consistent information from your franchisees with our common structures and reporting library and continuous consolidation. Ensures that accounting records are consistent when monitoring standards across the franchise eco-system.

Keep control

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Collaborate effectively with owners in each franchisee

Collaborate effectively with owners in each franchisee to keep control of activity and prevent revenue leakage. Shared data access provides common understanding of financial positions, which, in relation to franchise agreement obligations, can drive mutual revenue growth.

Real-time data

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Real-time data integration with EPOS platforms

Real-time data integration with EPOS platforms delivers real-time results into AccountsIQ via the open API, assuring trust in data and the partnership.

Quick onboarding

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Allow rapid onboarding of new franchisees

Allow rapid onboarding of new franchisees to our scalable, 24x7, cloud accounting software so they can focus on growth and achieving their business plan objectives.

Low monthly fees

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Keep operating costs to a minimum

Franchisee startups need to keep operating costs to a minimum, and with AccountsIQ's SaaS subscription model, low monthly fees mean the franchise can spend their funds growing your business together.

Camile Thai_franchise accounting software

Case study: Camile Thai

Irish Franchise of the Year 2022 winners, Camile Thai, find opening new restaurants a breeze with AccountsIQ’s franchise accounting software. Learn more about how they benefit from multi-dimensional reporting and full financial visibility of the entire business.

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Case study: Insomnia Coffee Company

Insomnia are benefitting from the strong foundation provided by AccountsIQ for their fast-growing, multi-location business. Our affordable cloud accounting platform delivers sales and profitablity reporting without the need to export to spreadsheets.

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