ROSEMONT, Illinois, January 28, 2015 /PRNewswire/ --
Quatrro FPO Solutions (Quatrro), a market leader in cloud based accounting, payroll and HRIS services across diverse industries, announced today that it has been positioned as an 'Emerging Player' yet again in Finance & Accounting (FAO) services by the Everest Group in its report titled "Finance & Accounting Outsourcing (FAO) Service Provider Landscape PEAK Matrix Assessment Report 2014".
The PEAK Matrix is an industry-leading framework to assess the dynamics of the FAO Service Provider landscape, as well as its impact on the Global FAO market. As part of the assessment process, Everest Group analyzed more than 900 large multi-year FAO contracts signed by more than 25 leading service providers in 2014. Service providers were ranked on two key dimensions:
- Market success, measured by Annual Contract Value (ACV) and number of clients; and
- Delivery capability, measured by scale of operations, scope, technology capability, delivery footprint and buyer satisfaction.
Quatrro's continued success in the marketplace along with advancements in delivery capabilities helped it achieve 'Emerging Player' recognition for the second year running. Further, it's investments in platform based F&A, mid market accounting and industry's first SMB services platform built on the concept of'Internet of Things' is helping Quatrro differentiate and position itself for future success.
"We are delighted that Everest Group has honored Quatrro yet again as an 'Emerging Player' in their Finance & Accounting Outsourcing report," said Raman Roy, Chairman & Managing Director, Quatrro. "It is heartening to note that the Global Services Industry continues to recognize Quatrro's pioneering efforts in servicing the unique and challenging needs of the mid-market. The fact that we have been recognized amongst several competitors with extensive presence across diverse industry verticals and adoption of our services by 6500+ clients is a glowing testimony to the significant business impact which we have been able to create across our clients' businesses over the years."
Acknowledging the achievement, Chuck Harmornick, President-Quatrro FPO Solutions, said, "The year 2014 has been a great year for us with several new client logo additions and account renewals across Restaurant, Retail, Auto, Not-for-Profit (NFP), Hospitality, Healthcare and other emerging industry verticals. This has been made possible on account of our innovative Go-to-Market strategies and service delivery approach that enables us to reduce total cost of ownership and implement stronger financial controls for our clients in the mid market."
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 Healthcare and Hospitality industries, as well as other Not-For-Profit organizations. Quatrro services clients across the nation with primary offices in Rosemont, IL; Pleasant Prairie, WI; Chattanooga, TN and Canton, OH along with many satellite offices and delivery centers across the world.
For more information, visit www.quatrrofposolutions.com
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SOURCE Quatrro FPO Solutions