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ProcStat and FranServe Join Forces to Simplify Franchise Accounting

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Raleigh, North Carolina, Jan 7th, 2025 – ProcStat, a trusted leader in franchise accounting, bookkeeping, and payroll services, has entered a strategic partnership with FranServe, the world’s largest franchise consulting and expansion network. This collaboration aims to empower franchise owners with streamlined financial operations and data-driven insights to drive sustainable growth. 

As a newly listed supplier within FranServe’s network, ProcStat brings its specialized expertise in managing financial complexities unique to franchises. From precise cash flow forecasting and compliance management to vendor reconciliation and multi-location financial reporting, ProcStat addresses the challenges that often hinder franchise success. 

“We’re thrilled to partner with FranServe and simplify financial processes for franchise owners,” said Shekhar Mehrotra, CEO and Co-Founder of ProcStat. “By providing clarity and control over their financial systems, we enable them to focus on scaling their businesses confidently.” 

ProcStat offers tailored accounting solutions across various franchise domains, including quick-service restaurants, retail chains, fitness centers, healthcare clinics, car care shops, hospitality businesses and more. With a deep understanding of franchise-specific accounting nuances, such as royalty calculations, brand compliance, and franchise-franchisor financial reporting, ProcStat equips franchise owners with the tools to stay ahead in a competitive market. 

FranServe’s mission of connecting aspiring entrepreneurs with franchise opportunities aligns perfectly with ProcStat’s vision of empowering businesses with financial clarity. Together, the partnership aims to revolutionize how franchise owners manage their finances, ensuring efficiency, compliance, and profitability. 

This collaboration reflects a shared commitment to innovation and excellence in the franchise ecosystem, delivering scalable financial solutions that help franchisees overcome operational bottlenecks and achieve their growth ambitions. 

For more information on ProcStat’s franchise accounting services, visit ProcStat’s website. 

About ProcStat 

ProcStat specializes in outsourced accounting, bookkeeping, and payroll services tailored for franchises. Its solutions focus on accuracy, compliance, and actionable insights to help businesses thrive. 

About FranServe 

FranServe is the world’s largest franchise consulting and expansion network, dedicated to connecting aspiring business owners with franchise opportunities and supporting franchisors with expert services.

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