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Franchise Accounting and HR Solutions

Accelerate Growth, Gain Better Insights and Elevate Your Team

Accounting and HR Services for Franchises

What if there was a way to meet your growing franchise’s accounting/financial management and HR needs while empowering and accelerating growth? What if you could tap into the experience of top accounting and HR advisors and best-in-class technology seamlessly and affordably? At RKL Virtual, we deliver franchise accounting services and HR solutions that do just that and so much more.

RKL Virtual works with franchise owners like you to put the right processes and talent into place to optimize and outsource your accounting and HR functions, so you can get out of the weeds and focus on growth and opportunity

Why RKL for Outsourced Franchise Accounting and HR Services?

Unmatched Franchise Experience. Our experience working with dozens of single and multi-location franchise owners means that we understand the unique needs and aspirations of franchise owners and can offer proactive advice and guidance that will drive better decision-making and outcomes.

Best-in-class technology. Real-time info, automation of manual tasks and powerful, insight-driving dashboards are all within reach. Through our partnerships, your franchise can leverage the industry’s leading accounting and HR technologies, at a fraction of the cost of going it alone.

Dedicated advisors. With RKL Virtual, you can tap into top accounting and HR talent with our shared service model that drives affordability and accessibility. You’ll work one-on-one with a dedicated accounting or HR advisor who knows you, your business and what’s important to you.

Franchise Accounting Services

Transactional Processing

  • Accounts Payable/Accounts Receivable
  • Payroll
  • Expense Reports

Core Accounting

  • Reconciliations
  • Journal entries
  • Bookkeeping
  • Compliance

Financial Management

  • Outsourced CFO
  • Financial Reporting
  • Analysis & Benchmarking
  • Cashflow & Budgeting

A Few of our Franchise Clients

Outsourced HR Services for Franchises

Talent Acquisition

  • Recruiting, applicant tracking, talent management
  • Onboarding

HR & Payroll

  • Processing payroll
  • Benefits administration
  • Human Resources
  • Employee handbooks/policies and procedures

Talent Management

  • Learning management
  • Performance evaluation/employee engagement

How It Works

Outsourcing your accounting/financial management function, HR or both? We’ve got you covered.

Step One: Assessment and Planning
Your business, operations and team needs are unique. We collaborate with you to assess your current processes, goals and challenges and then develop a plan that brings together the right talent, technology, resources and processes to get you to where you want to be.

Step Two: Implementation
Whether it’s implementing new processes, new technologies or both, our team is adept at making these transitions as easy as possible on your team, with a defined expectations roadmap, frequent check-ins, milestones and ample training.

Step Three: Ongoing Management and Advisory
With your processes and technology optimized, the real fun begins. Your dedicated accounting or HR advisor meets with you on a regular cadence, reviewing your goals, answering your questions and continuing to elevate your accounting or people functions.

Get Ready for Growth: Financial and HR Considerations for Franchise Expansion

Franchise growth often comes down to opportunity — a newly available location, pitch from a retiring owner or franchisor-provided development prospect. But first, owners and operators considering growth need stability in their current operations and a full understanding of their financial picture and how expansion would affect overall performance.

This seems like a lot, but we’re here to help. In this guide, we explore the key financial, operational and workforce factors to consider before expanding your franchise.

Featured Insights