ATLANTA, Georgia, August 25, 2015 /PRNewswire/ --
Finance & Accounting leader all set for a buoyant Q2 with over 40 client wins in the first quarter of FY 2015-16
Quatrro Business Support Services (Quatrro), a market leader in providing cloud based business support services across diverse industries, announced that it has kick-started the financial year with over forty (40) new client wins and several key client renewals in the first quarter. Quatrro's strong performance during the quarter was primarily attributed to significant client acquisitions and revenue growth across the Enterprise, Not-for-Profit and Retail industry.
As per industry reports, the Finance & Accounting (F&A) outsourcing activity among mid-market companies currently comprises one-third of the entire market and is poised for further growth in the next few years. With F&A market showing signs of maturity, the buyer expectations from service providers have shifted from being a mere transactional accounting provider focused on cost savings to a trusted, strategic transformation partner.
Quatrro's recent launch of "Asset Free Accounting" model has enabled it to play the role of a key strategic transformation partner by enhancing the business value for its clients. The innovative accounting model offers compelling value to small and medium businesses (SMB's) by combining superior process excellence and domain expertise with underlying accounting platforms and tailored business intelligence & analytics, and thereby providing a 360◦ view of the business performance at no additional investment.
Commenting on the recent client wins, Chuck Harmornick, President - Quatrro Business Support Services, said, "Quatrro's strong growth momentum in the first quarter is a glowing testimony of the enhanced adoption of our innovative accounting model, built on the strengths of business intelligence and predictive analytics. The leading SMB and franchise brands of the nation are selecting Quatrro as their business transformation partner as they see tremendous value in Quatrro's ability to enhance their revenues, reduce total cost of ownership and offer superior customer services."
About Quatrro Business Support Services (Quatrro)
Quatrro Business Support Services, one of the leading businesses under the Quatrro brand, consists of a range of affordable business support services that are offered through industry's first 'Click and Buy' interface on the cloud. Built on the innovative "Internet of Things" concept, the digital portal enables SMB clients to review, evaluate and buy a bundle of services off-the-shelf on a 24x7 basis.
Quatrro FPO Solutions is the Finance & Accounting business unit under the 'Quatrro Business Support Services' brand. It offers a broad range of platforms and cloud based accounting services by leveraging the industry's leading accounting platforms designed to create economies of scale resulting in enhanced financial visibility, lower costs and improved business processes. Its client base includes over 6500+ Small & Medium Businesses across auto parts, restaurant, retail, healthcare and hospitality industries, that include franchises of some of the legendary and iconic brands in the nation, as well as not-for-profit organizations.
For more information, please reach out to us at http://www.quatrrofpo.com
Senior Vice President
SOURCE Quatrro Business Support Services