Quatrro FPO Solutions, a market leader in providing platform and cloud based accounting services to the hospitality industry, announced that they have entered into a strategic partnership with Steve Belmonte, CEO of Vimana Franchise Systems which franchises Centerstone Inns, Hotels & Plaza Hotels as well as Key West Inns, Hotels & Resorts.
“Quatrro FPO Solutions has been helping hotels and other retail businesses streamline their back office accounting for over 20 years,” said Chuck Harmornick, Quatrro FPO Solutions President. “We are excited to be partnering with Steve Belmonte, who is an industry legend, and are pleased to have the opportunity to provide finance and accounting services to Vimana Franchise Systems’ Centerstone and Key West properties.
Offering financial reporting, accounts payable, accounts receivable, bank reconciliations and payroll services, Quatrro FPO Solutions has the expertise to aid the hospitality industry in streamlining their accounting processes while reducing the excessive overhead of an in-house team.
“What’s exciting is that Quatrro FPO Solutions has the capability to transition large accounting departments to their payroll, thereby reducing operating expenses for hotel owners, operating companies, management companies, etc. while retaining key employees who understand and know the needs of their hotels,” explained Steve Belmonte. “In other words, Quatrro can come in, purchase the accounting department from an existing operating company, write a check to that entity and then utilize Quatrro’s platform and technology to take over accounting functions going forward. In my opinion, it’s more than just an opportunity for immediate and newfound cash, it’s an opportunity to enhance and stabilize all your accounting functions without worrying about employee benefits, vacations, turnover, etc. It’s just a fantastic concept when you combine this with the fact that Quatrro is already doing business with leading franchise companies such as Burger King, SONIC, IHOP, Pizza Hut, KFC, Wendy’s, Quiznos, Taco Bell, to name a few,” said Belmonte.
Quatrro FPO Solutions and Vimana will both be attending the upcoming Lodging Conference in Phoenix, Arizona in order to further discuss this concept with key hospitality companies.
For more information about Quatrro FPO Solutions, visit www.QuatrroFPO.com.
About Quatrro FPO Solutions
Quatrro FPO Solutions offers a broad range of platforms and cloud based accounting services leveraging 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 several thousand small and mid-market businesses within the auto parts, restaurant and retail industries that are franchises of some of the legendary and iconic brands of the nation, as well as not-for-profit organizations. Quatrro FPO Solutions services clients across the nation with primary offices in Rosemont, IL; Pleasant Prairie, WI; and Canton, OH along with many satellite offices.
About Vimana Franchise Systems LLC
Vimana Franchise Systems LLC is a hotel franchise company owned by CEO Steve Belmonte, President Neal Jackson and Vice President Cory Jackson Jr. In May 2011, Vimana Franchise Systems launched the Centerstone brand as a three-segment franchise designed to create a fair and cost effective model for the hospitality industry. In November 2011, Key West Inns was re-launched under the Vimana Franchise ownership umbrella as a budget friendly brand. For more information on Vimana Franchise Systems LLC, contact Steve Belmonte at (407) 654-5540 email@example.com. Visit Vimana Franchise Systems online at www.VimanaFS.com. Visit Centerstone online at www.centerstonehotels.com, on Twitter at @Centerstonehtls, or on Facebook at www.facebook.com/Centerstonehotels. Visit Key West Inns online at www.staykeywesthotels.com, on Twitter at @StayKeyWest, or on Facebook at http://www.facebook.com/staykeywest.