Quatrro Business Support Services Achieves Major Milestones in Outsourcing
Quatrro Business Support Services Earns Prestigious Recognition
Quatrro Business Support Services (QBSS) has achieved significant acclaim, being recognized as a Major Contender and Star Performer in Everest Group's latest Finance and Accounting Outsourcing assessment. This acknowledgment marks a pivotal moment in the company's journey, highlighting its commitment to growth and excellence in client service.
Understanding the PEAK Matrix Evaluation
The PEAK Matrix is an influential framework used by Everest Group to evaluate service providers based on two critical dimensions: Market Impact and Vision and Capability. Market Impact assesses client adoption and growth, while Vision and Capability examines the scope of services offered, innovation, footprint, and strategic direction. Companies that earn the Star Performer title demonstrate exceptional year-over-year improvement across these areas.
CEO Nate Medoff's Perspective on the Achievement
Nate Medoff, Chief Executive Officer of QBSS, expressed pride in this recognition, stating that it underscores the company's ability to deliver impactful solutions for clients by merging deep finance knowledge with innovative, technology-driven services. The transition to becoming a Major Contender and receiving the Star Performer title showcases the company’s effective strategies in scaling operations and expanding its reach into larger enterprises.
Growth and Transformation at QBSS
The recent advancements at QBSS reflect the successful integration of QBSS and ContinuServe, along with the strategic expansion into larger enterprise accounts. The firm reported a remarkable 26% growth in finance and accounting revenue in the previous year, now assisting more than a dozen clients generating over $1 billion in revenue.
Innovative Solutions and Measurable Outcomes
QBSS employs a platform-agnostic strategy that incorporates proprietary tools like Xport and ContinuFlow, alongside practical applications of automation and AI. These innovations have produced tangible results for clients; for example, one automation initiative yielded an annual savings of $1.46 million for a Fortune 1000 client while also eliminating 72,000 hours of manual labor.
Future Plans and Continuous Improvement
Medoff emphasizes that moving into the Major Contender category and earning the title of Star Performer illustrates not only growth but also reinforces QBSS’s commitment to enhancing value for clients each year. The company is dedicated to expanding its offerings for small-to-medium businesses (SMBs) and mid-market enterprises while simultaneously enhancing capabilities for larger clients. Future investments in AI, automation, and analytics are set to propel further efficiencies across various industries.
About Quatrro Business Support Services
Quatrro Business Support Services (QBSS) operates as a global, tech-enabled outsourcing partner, providing fully integrated business solutions that encompass finance, accounting, human resources, application development, and IT support for small to midsize enterprises and midmarket organizations. QBSS champions a client-first philosophy, emphasizing innovation, automation, and personalized service. This approach empowers organizations to make real-time decisions, streamline operations, and achieve scalable growth. The company has gained recognition on renowned lists, including the Channel Partners MSP 501 and IAOP's Global Outsourcing 100, consistently earning accolades for its operational excellence.
Frequently Asked Questions
What recognition has Quatrro Business Support Services received?
Quatrro Business Support Services has been recognized as a Major Contender and Star Performer in the Everest Group's Finance and Accounting Outsourcing assessment.
What is the PEAK Matrix?
The PEAK Matrix is Everest Group's assessment framework, evaluating service providers based on Market Impact and Vision and Capability.
What has contributed to QBSS's growth?
QBSS's growth can be attributed to its integration with ContinuServe, expanding its client base, and implementation of technology-driven solutions.
How does QBSS utilize automation and AI?
QBSS employs automation and AI to improve operational efficiency, providing significant savings and reducing manual labor for clients.
What is the client-first philosophy at QBSS?
QBSS's client-first philosophy focuses on innovation, automation, and personalized service to help organizations achieve real-time decision-making and growth.
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