Franchise Accounting Problems and Solutions

Many franchise organizations struggle with manual processes that slow down cycle times and create bottlenecks in the accounts payable process. 

They have specific needs that may not be common in other organizations, such as numerous locations, utility bills paid at the local level, vendors in different territories, and detailed accounts payable work across multiple entities.

This paper discusses the challenges faced by a large veterinary franchise, a fast food chain, and a solar panel and storage organization with hundreds of locations and various corporate structures – and how they solved them.