ROSEMONT, Illinois, July 10, 2015 /PRNewswire/ --
Quatrro Business Support Services (Quatrro), a market leader in providing cloud based business support services, announced the launch of an innovative Business Intelligence (BI) and Financial Analytics tool to enhance financial visibility and enable informed decision making for hundreds and thousands of Small & Medium businesses and Franchisors across the United States.
As per a report by IDC and EMC, the overall data in the world will grow by 50 times by 2020, but only 37% of this data will be structured. With the emergence of Social Media, Mobility, Analytics and Cloud (SMAC) as the new benchmark to measure success of digital businesses, the Small and Medium businesses will need to leverage the SMAC technology stack to extract strategic business insights from piles of unstructured data.
Quatrro's next-gen BI Tool combines tailored analytics with cloud based technology to address these compelling business needs. From business intelligence to financial performance analysis and strategic management, Quatrro's BI Tool is designed to enable key decision makers in the organization make the decisions that achieve better business outcomes - for now and in the future.
The tool is equipped with best-in-class reporting mix that includes financial dashboards, alerts and reporting templates that offer actionable business insights to the small businesses and franchisors at prices that are at a fraction of the benefits obtained.
Some of the key benefits are as highlighted below:
- Financial Planning & Analysis - Allows for benchmarking and comparison of unit-wise performance that leads to identification of trends and red-flags
- Planning, budgeting and forecasting - Enables tracking of current state of operations and drive future growth across the stores through predictive analysis and forecasting
- Inventory and Expense Management - Enhances visibility into cost reduction opportunities
- Revenue & Profitability Management - Enables small business owners to take informed business decisions that drive profitability
- Cash-Flow and Balance Sheet Management - Improves Cash-flow analysis with integrated, up-to date information and enhanced Balance Sheet visibility
- Financial Governance, Risk Management and Compliance - Delivers greater transparency by integrating data and aligning governance models
Commenting on the enhanced business value that Quatrro's BI Tool offers to the franchise industry, Charles Harmonick, President - Quatrro Business Support Services, said, "Quatrro's BI Tool encapsulates important features and benefits at every step, from data access and consolidation to generation of financial reports, reporting, financial analysis and forecasting. It will equip the franchisors with greater financial insights and transparency that will aid in strategy formulation and contribute to their bottom-line growth".
Quatrro's BI Tool has already received positive feedback from its clients and will now be offered to clients across diverse industry verticals including Restaurant, Retail, Auto, Hospitality, NFP and Healthcare in the next few months.
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, visit http://www.QuatrroFPO.com
Senior Vice President
SOURCE Quatrro Business Support Services