The Franchise Group is a very successful franchising company. It has set up over 60 franchises across the UK and Ireland, with hundreds of franchisees.

The company has built up considerable knowledge about accounting packages in the market but saw huge benefits for the franchise model from using a tailored online system.

Selection procedure

"We evaluated accountsIQ against a range of other accounting packages, including other online solutions and found accountsIQ was ideally tailored to our clients' needs."

Key factors in the decision by the Franchise Group to opt for accountsIQ were:

• The online access it provides for franchisor, franchisee and its staff
• accountsIQ's ability to tailor and brand the accounting solution to the specific needs of the franchise
• Strong analysis and reporting capability
• A powerful platform capable of handling large volumes of transactions by multiple franchisees in multiple locations
• Multi-currency capability, allowing the franchise to expand into other countries
• Affordability, ease of use and support

Other benefits

"accountsIQ provided the perfect solution for accounting and business analysis in the franchise environment. It provides us with an online Accounting and Business analysis solution we could brand as the franchisor’s specific solution.

"Our latest client, The Ultimate Floor Sanding Company, is now rolling the system out to its franchisees. This ensures a standardised approach and tight controls through a system that is easy to implement for franchisees, while also being easy to use, secure and reliable.

"The 'pay as you use' pricing also means no capital cost for the franchisor or franchisee."

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