Franchise News Release: Vienna, VA - (Aug-15-2011)

BookKeeping Express is “Credited” with Introducing Innovative Payment Processing Solutions for its SMB Clients

BookKeeping Express, the only U.S. Franchise focused solely on offering certified bookkeeping services, has announced a strategic partnership with Vantiv, one of the most trusted and largest providers of payment strategies and technology solutions for financial institutions and businesses worldwide.

In an effort to continue to build its service offering and add value to the franchise system, Bookkeeping Express welcomes the opportunity to add Vantiv’s payment processing to its portfolio. Vantiv’s proven payment process protects small businesses with credit, debit and gift card payment processing for businesses and financial institutions worldwide.

Through this partnership with Vantiv, Bookkeeping Express will have the ability to offer each franchisee added value to their client base by presenting a free processing analysis and consulting meeting with a dedicated merchant services representative.

“With our additional services and partnership with Vantiv, BookKeeping Express plans to help small businesses grow even more efficiently,” said Greg Jones, Chief Executive Officer of BookKeeping Express. “In return, we hope to continue on the fast track of franchise growth by offering new revenue channels that meet the needs of today’s small to mid-size business owners.”

BookKeeping Express offices can be found in 22 states, headed by more than 30 franchisees in the United States and Canada. By way of the company’s partnership with Vantiv, BookKeeping Express hopes to increase their presence in North America. The company’s growth rate for 2011 is already more than 80 percent ahead of last year’s pace.

Focusing its services on the nation’s 29 million-plus small and mid-size businesses, BookKeeping Express offers accounting services such as setting up charts of accounts and general ledgers, monthly data entry, processing and managing accounts payable and accounts receivable, producing monthly reports and tax reporting. Plus, BookKeeping Express utilizes a Custom Flex Pricing Model that is based on the clients’ needs instead of a one-size-fits-all, hourly billing approach.

About BookKeeping Express
BookKeeping Express, a national company focused on providing professional bookkeeping practices to small businesses, was founded in 1984 in California and grew to over 150 locations through licensing agreements. In 2007, Greg Jones, along with Bob Stocker and Merritt Green, purchased the company and launched the new business model in January 2008. The company is based in Vienna, Virginia.

About Vantiv
Vantiv, LLC is one of the largest providers of payment strategies and technology solutions for financial institutions and businesses worldwide. Formed in 1971 and most recently known as Fifth Third Processing Solutions, LLC, the Company builds strategic partnerships with its customers, helping them become more efficient, more secure and more successful. Headquartered in Cincinnati, Ohio, Vantiv, LLC is a joint venture between Advent International and Fifth Third Bank, a subsidiary of Fifth Third Bancorp (FITB).


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