From XU Magazine, 
Online News

Xero and OnePoint Franchise Accounting collaborate to help US franchises improve business operations

February 25, 2022

We are pleased to announce a new collaboration with national accounting firm OnePoint Franchise Accounting. OnePoint was born out of a desire to serve the franchise community and remove the burden of accounting, so franchise businesses can focus on other things like quality of food, customer service and employees.

Technology is pivotal to OnePoint’s day-to-day operations with their clients. As OnePoint’s preferred cloud accounting solution provider, Xero helps provide greater financial insight for OnePoint clients so they can better understand their business finances and make more informed business decisions.

“After extensive research, we chose to partner with Xero as our accounting software because it fits so well with the demands of the franchise industry,” says Laura Wright, Managing Partner at OnePoint Franchise Accounting. “With Xero’s API, we can integrate a wide range of technologies, which reduces friction for our clients and makes things both more timely and efficient. Through integrations with our clients’ point of sale systems and their vendor invoicing, we’re able to make the accounting process much more seamless. Xero is also exceptionally easy to use, and it offers real-time data and faster period close times.”

Collaboration made easy in the cloud

With Xero’s cloud-based platform, the OnePoint team can work with their clients anytime, anywhere and both can have access to the same set of data. This workflow provides OnePoint clients with access to financial insights that help them operate more effectively. For instance, Hubdoc allows OnePoint clients to scan or send expenses straight into Xero, while data from bank feeds flows into Xero so clients can see transactions in a timely manner.

Xero empowers the firm to move away from manual processes and lean on the benefits of automation to improve and simplify operations. By freeing up more time for their advisors, OnePoint can focus on ensuring their franchise businesses are set up for success with Xero’s complete accounting solution.

Learn more about how Xero can support your franchise business today.

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