EKW Group

Purpose-built retail on-line accounting solution

to support and enhance your franchise.

The EKW Group offers a comprehensive range of franchise accounting, payroll and retail support solutions nationwide. Established internationally in 1935, EKW is a leading accountancy expert helping independent franchisees and entire franchised estates to flourish. 

EKW are affiliate members of the British Franchise Association and bring together a unique blend of traditional accountancy expertise and professional business advice. Unique to the world of franchising, EKW offer the web-hosted CounterBooks retail accounting system.

CounterBooks is an online franchise accounting system and management tool allowing franchisors instant analysis of any aspect of the financial performance of their franchised estate and transparant access to the franchisees’ accounts to ease the compliance requirements of the franchisee agreement. Remote access is available even down to transactional data level, if required. At the same time CounterBooks provides franchisees with a comprehensive range of tools that help to manage their business finances dynamically and we’re with them every step of the way. A true win, win situation with tremendous benefits for the strength of your brand. We like to think we take the pain out of number-crunching. (I bet you never thought accountants could do that!)

Less paperwork

• Paper forms, books and sending off invoices for data entry are methods of the past. Everything franchisees need is organised and processed online, with instant reporting and analysis available 24/7.
• Monthly or quarterly management accounts (operating statements) are provided as electronic documents and will be in an agreed format standardised across your network.
  

Better financial control

• Head office reporting and query functionality allows you to maximise the brand profit potential whilst offering you protection by identifying failing franchisees and potential bad debts before they happen.

• CounterBooks can work seamlessly with your franchise business planning and forecasting system to provide variance analysis of actual results against expectations.
• Management and financial reports are always up to date, which helps your franchisees manage their business more efficiently.
• Multi-site franchises are fully catered for.
• With online validation, your franchisees can identify issues sooner and avoid problems.
• Franchisees can call the EKW bookkeeping help desk at any time during working hours.
• Even out of hours your franchisees can use the CounterBooks secure message system.
• An EKW Account Manager can work closely with your franchise team to ensure you receive maximum benefits and an unparalleled user experience.

Reduced costs

• At month end, the processing of financial statements is automated. EKW, as the franchisee’s accountants, can access the system for the preparation of their management and financial accounts which leads to reduced accountancy fees.
• By using the system as part of a normal daily routine, franchisees are recording all the required bookkeeping information.
• We’ll keep the estate compliant with tax and VAT rules and deadlines so franchisees avoid punitive fines.
• Data can be uploaded from point of sale or back office systems. A network data transfer and management solution is available to minimise your capital expenditure requirements.
• With the system accessible from anywhere through the internet, the need for travel is reduced.
• Staff can be utilised at multiple locations and work can be outsourced.

Accounting

Outsourced Accounting

VAT

Payroll

Taxation

Business Planning

Formations

Registrations

Contact EKW today          0800 3898271          www.ekwgroup.co.uk

These are just some of the brands we have helped to flourish; we’d be delighted to add yours.