Tag Archives: hospitality

Quatrro’s Innovative “Asset Free Accounting” Model emerges as the new accounting standard for the Franchise Industry

Rosemont, IL - Quatrro Business Support Services, a market leader in providing cloud based business support services across diverse industries, is poised to create a new accounting standard for the Franchise Industry across the United States by conceptualizing and successfully implementing its “Asset Free Accounting Model” for a range of clients across existing and emerging industry verticals. Buoyed by the success in Restaurant, Retail, Automotive and Not-For-Profit (NFP) industry verticals, Quatrro aims to capture a significant share of the market and has already started enhancing penetration in several emerging verticals such as Hospitality and Healthcare.

Small and Medium Businesses (SMB’s) consider “Total Cost of Ownership (TCO)” and “Value Delivered” as key drivers while evaluating a business decision. The Finance & Accounting service providers have always found it challenging to create an integrated accounting solution that results in enhancing the business value for SMB clients. Continue reading Quatrro’s Innovative “Asset Free Accounting” Model emerges as the new accounting standard for the Franchise Industry

Challenging Road Ahead for the Hospitality Industry: Critical factors shaping the future of the industry

December, 2017 - The world of hospitality and travel has entered a new era of transformation. A combination of forces, including shifts in the global economy, game-changing innovation, geo-political turmoil, natural disasters, pandemics, and rising consumer demands have been reshaping the marketplace for years. Concurrently, the industry is anticipating a RevPAR growth of 2%, the lowest increase since the beginning of the economic recovery. Continue reading Challenging Road Ahead for the Hospitality Industry: Critical factors shaping the future of the industry