Quatrro Positioned as an Emerging Player in Everest Group's 2013 FAO PEAK Matrix
ROSEMONT, Illinois, October 22, 2013 /PRNewswire/ --
Quatrro FPO Solutions (Quatrro), a market leader in cloud based accounting services across diverse industries, announced today that it has been positioned as an Emerging Player in Finance & Accounting (FAO) business process services by the Everest Group in its report titled "Finance & Accounting Outsourcing (FAO) Service Provider Landscape PEAK Matrix Assessment Report 2013".
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The PEAK Matrix is a framework to assess the capabilities of the leading FAO Service providers in the market today's part of the assessment process, Everest Group analyzed several service providers with multi-process capabilities and scored them on their Market Success and FAO Service Delivery capabilities. Some of the major factors that contributed to Quatrro's success include:
- Growth in new contract signing as well as extensions/renewals
- Technology led approach to FAO which includes leveraging innovative concepts like Platform Multitenancy and Utilization of same resources across multiple clients
- Enhanced flexibility and cost savings by providing both Onshore & Offshore Platform based Financial Processing Solutions
- Focus on industry specific solutions and thereby creating a differentiated position for itself in the Global FAO industry
Acknowledging the achievement, Raman Roy, Chairman & Managing Director, Quatrro said, "We are pleased to be recognized as an Emerging Player in the FAO segment by the Everest Group. The recognition is a glowing testimony to Quatrro's pioneering efforts in servicing the unique and challenging needs of the mid-market through platform based offerings. Our innovative business model is based on successfully integrating Platforms, Processes and Proficiencies in a seamless manner to drive non-linear growth across our clients' businesses."
"This recognition is an endorsement of our ability to provide Finance & Accounting Solutions, that result in revenue enhancement and improved business insight for our clients," said Chuck Harmornick, President - Quatrro FPO Solutions, "We have been successful in reducing the Process Transition Timeframes of our clients from 4-6 months to 3 hours-6 weeks through our innovative onboarding approach which is based on an internally developed skill-based service delivery model. This has further enabled us to help our clients accomplish their business goals rapidly."
About Quatrro FPO Solutions (Quatrro)
Quatrro FPO Solutions offers a broad range of platforms and cloud based accounting services by leveraging industry's leading accounting platforms that result in enhanced financial visibility and improved business processes. Our client base includes over 6500+ Small & Medium businesses across Auto Parts, Restaurant and Retail industries that are franchises of some of the legendary and iconic brands of US, as well as other Not-For-Profit organizations. Quatrro FPO Solutions services clients across the nation with primary offices in Rosemont, IL; Pleasant Prairie, WI; and Canton, OH along with many satellite offices.
Media Contacts:
US
Karen Abruzzi
Director - Marketing
Quatrro FPO Solutions
+1-847-939-4200
[email protected]
Rest of World:
Rajesh Dhuddu
Vice President, Market Development
Quatrro Global Services
+91-124-4506568
[email protected]
SOURCE Quatrro FPO Solutions
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