Franchise businesses often have complex structures and other unique challenges not held by few—if any—other industries. For finance and accounting leaders at these organizations, you need to think of the organization, controlling finances in a centralized environment while still allowing franchisees autonomy to manage their single location.
Intacct was built to handle the needs of the multi-entity business. With Intacct franchise management software, you can easily drill down to view financial performance for each franchise location, rolling up data just as easily to get a consolidated view. Set roles and permissions for staff members at each location, maintaining control while allowing each franchisee the real-time information they need to run one, two, or twenty locations.
Business Information, How, Where, and When You Need It
Intacct for franchise-based businesses is a user-friendly cloud accounting software solution that gives you a full view of your entire business, as well as your individual franchises or locations.
Analyze the basics with reporting templates built for franchises, or slice and dice the information how you see fit with easy-to-make custom reports to track performance metrics based on things such as menu items, locations, vendors, and customers.
Complex Business Structures Are No Problem with Intacct
No matter how your franchise business structure is set up, Intacct is built to support it. Fractional ownership, multi-state, multi-currency, and other complex operational structures are handled with ease in Intacct’s multi-entity environment. This allows each location or entity to use its own chart of accounts, taxation rules, and financial reporting requirements. Perform real-time consolidations quickly and easily, saving time by automating inter-entity consolidations and eliminations.
The Power of the Cloud
Leverage the power of the cloud with easy integration and anywhere, anytime access—from desktop, laptop, tablet, or smartphone. Boost efficiency and collaboration even more by giving your franchise teams 24/7 access to the same cloud-based financial management system.
Integration for the Modern Franchise Business
Intacct offers fast, easy connection to leading point-of-sale and front-office systems, as well as franchise and asset management, payroll, and payment applications. So you can eliminate duplicate data entry and grow your business with confidence, knowing Intacct works seamlessly with almost any application you’re using now or considering in the future.