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Outsourced Accounting for Franchisees and Franchisors

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  • Comprehensive suite of accounting solutions & Business Intelligence software for franchisees and franchisors
  • Transparent and standardized paperless processes
  • Powerful ecosystem of professionals and technology

Is Lack of Accounting Experience Holding You Back?

As a franchisee owner, it is critical to know your financials to impact your business. A lot of owners try to do it themselves or with the help of family or friends. It may not be possible for you to keep up with the accounting and finance needs of your business. An accounting solution that isn’t done correctly can cripple operations, result in cash flow challenges and burden your business with unnecessary costs.

As a Franchisor getting accurate financial statements in a timely fashion from your franchisees is often problematic. Pulling data from POS to gain data insights is one way but what about having consistent accounting practices with all your franchisees. Let us help you create a plan for consistent GL accounts and installing a Business Intelligence software to have better data mining across all franchise locations.

At PABS, we develop a standardized system for franchisees and franchisors to streamline operations, reduce cost, improve internal controls and increase profitability. We work with all kinds of franchisees and franchisors including locally owned and multi-state chains. We utilize cutting edge cloud technology and industry best practices that drives better outcomes for your business.

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Services

  • Implementation
    We implement new or update the existing accounting software to automate financial information and build robust accounting infrastructure
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  • Accounts Payable Services
    Creating better value for your business by optimizing the accounts payable process
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  • Payroll Reconciliation
    We help reconcile your payroll accounts to ensure that the salary, wages, employer liabilities, and employee liabilities match your payroll register
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  • Financial Statement Reporting
    We prepare detailed financial reports capturing transactions, cash deposits and key business performance insights
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  • Inventory Control
    Tracking purchased and returned parts through detailed vendor reconciliation, open returns and zero margin reporting
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  • Business Intelligence and Analysis
    Comparative information, industry performance, franchisee ranking, detailed dashboards and custom reporting
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Software Agnostic

We are software agnostic that makes us more strategic, agile and reliable.

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Benefits

  • High-performance finance and accounting services

  • Broad range of industry expertise around accounting, Industry specific POS systems and cloud technology

  • Actionable insights through consolidated reports, benchmarking and comparatives

  • Trained accounting professionals to capture details about your business’ health and performance

  • Timely, accurate and compliant financial reports on a weekly and monthly basis

  • Proactive approach ensuring you have access to business-critical data at all times

  • John J Godfrey
    Owner, John Godfrey & Associates, Inc.

    According to my wife, she has never seen me this relaxed in 45 tax seasons. I attribute it to the services provided by PABS. They have been a life saver.

  • Devina Flores
    Franchise Owner, AdvantaClean of Honolulu

    Nathan Whitaker and his team at Pacific Accounting & Business Services (PABS) are quiet professionals who get the job done at the right price. They have a very personal approach in making sure our book stays organize and up to date. I found comfort in knowing that I can always ask questions or assistance and they would always answer me promptly and professionally. I highly recommend Nathan Whitaker from PABS to other small business owners looking to outsource their bookkeeping needs.

  • David Peters
    CEO, Ho'ola Lahui Hawai'i

    Pacific Accounting and Business Services (PABS) is an incredibly beneficial and cost-effective way of managing the day-to-day financial accounting for any organization.

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