Atlanta, 20 April 2017 - Quatrro Business Support Services (Quatrro), a leading provider of cloud-based accounting and payroll services to the retail industry in the US, has been recognized as an emerging company amongst the top global digital service providers for the Retail Industry by Zinnov in its report titled, 'Zinnov Zones for Digital Services in Retail - 2016'. The report focuses on showcasing how service providers are helping modern retail enterprises with digital technologies such as big data, analytics, and machine learning to create a positive impact on the customer experience and operational efficiency.
As part of the assessment, Zinnov conducted an analysis of 21 leading digital service providers across the globe focused on providing digital services to retailers. The evaluation process involved ranking service providers across two key dimensions:
- Digital Prowess, measured by Digital Offerings, Ecosystem Leverage, Talent, Clients, Business Model & Future Outlook
- Scalability, measured by Clients, Talent and Financials
Quatrro was recognized as an emergent and niche digital service provider for retailers, and ranked as an 'Emerging Player' on account of its growing digital clientele, evolving business model and future outlook.
Acknowledging the achievement, Charles Harmornick, President – Quatrro Business Support Services said, “We are delighted that Zinnov has recognized Quatrro in its annual report of leading Retail Digital Services Providers. Our investments in platform based F&A services, Business Intelligence and Analytics platforms has significantly enhanced business value for small and medium businesses across the US by providing them access to enterprise-level technology at fractional price points. Quatrro will continue to leverage technology and innovation as key enablers to drive profitability across our clients businesses".
Zinnov estimates a total digital spending of ~ $70B by retailers globally in 2016; with the market size expected to reach $150B by 2020, growing at over 20% per annum. The report provides a snapshot of a digitally-enabled modern retail enterprise and the impact of digital transformation in the retail industry, across its entire value chain.
Quatrro is one of the leading providers of cloud-based accounting and payroll services to the retail industry in the US. With more than 6500 retail clients across auto stores, restaurants, grocery as well as not-for-profit organizations, Quatrro leverages industry leading technology platforms to improve business profitability and enhance business decision making across its clients’ businesses. The adoption of Quatrro’s services by some of the leading brands such as Genuine Parts Company (NAPA), Burger King, Taco Bell, Subway and Quiznos among others is a glowing testimony of its continued track record of client satisfaction and service delivery excellence.