Retail/Grocery
Today’s consumers are expecting more from their independent retailers, and independent retailers can count on Quatrro
FPO Solutions (FPO) to help them compete strategically and successfully. FPO and its team of accounting professionals understand
the unique challenges in the grocery industry and provide tailored accounting solutions which provide insight into the financial
data impacting your bottom line.
Many grocery retailers, may find themselves frequently pondering issues such as:
- Do you wish you had easy access to more relevant financial and operational information about your business?
- Do you wish you could save money and improve your profitability?
- Do you wish you could spend less time on accounting and payroll?
- Do you wish your financial statements included high-level strategic analysis of your sales and margins by store department?
FPO's Value Proposition
FPO provides grocers and independent retailers with high-quality management information and business services. With FPO
on your side, companies are able to focus on key areas of the business directly impacting the bottom line. From the initial
needs assessment to tailored solution options to reporting and benchmarking - the FPO team is there every step of the way.
We help you review the financial condition of your business and determine what you can do to increase profits - allowing
you to spend time working on your business, not your books. We have an excellent track record with our over 350 customer
stores.
We are committed to continually investing in people, processes, and technology ensuring the highest level of performance.
Benefits of Outsourcing with FPO
- Improve business processes without sacrificing quality
- Ensure compliance with accounting regulations
- Realize cost savings up to 40%
- Leverage accounting best practices and continuous process improvements
- Improved controls and consistency of deliverables
- Tailored finance and accounting solutions
- Deep industry knowledge in retail grocery segment
Our Services Include
- Monthly or quarterly financial reporting
- Accounts Payable
- Sales and deposit verification services
- Fixed asset account management
- Reconciliation services
- Ratio analysis
- Cash flow management and analysis
- Financial forecasting and modeling
- Benchmarking comparisons
- Tax services
- Front-end system management
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Front-end Management Solution
FPO offers an exclusive, highly efficient "end of day" balancing and reconciliation tool designed to provide greater insight
and visibility in managing the bottom line. This automated management system connects to most POS systems and captures, retains
and reports sales, labor, and checker performance each day. Identifying key performance and key risk indicators enables proactive
decisions today that will increase profitability tomorrow.
- Sales to labor visibility and labor management support
- Front-end productivity reporting and tracking
- Daily, week-to-date, and monthly trend information
- Automated cash reconciliation and daily deposit verification
- Over/short history
- Automated data feeds from time clocks to accounting systems
- Export capability to Excel and Access
Transition Management
Getting started is easy. Our team manages the transition from start to finish, and our tested process is designed to minimize
disruption to your operations. During the conversion, we cleanse the data and validate records prior to importing in order
to manage the risks involved in converting. Our process allows us to effectively minimize the potential for service disruption,
retain historical data from other providers, and ensure timely delivery of your financials. We work closely with our clients
to refine business processed, establish solid performance measures and provide critical benchmarking.
Our Clients
Client Testimonial
"I'm very pleased with the way FPO Solutions has handled the relationship with our store. I'm an analytical
guy who deals with numbers, and they have maintained and improved the consistency and quality of their financial reports.
Because their people are familiar with our business, they are able to help us interpret our data and identify trends, and
they respond when we need additional information. The current economic climate has presented us with many challenges for
controlling costs and maintaining profitability. The experienced staff has provided us with ideas and recommendations that
have contributed greatly to helping us protect our bottom line. I would highly recommend FPO Solutions for their professionalism,
efficiency and affordability."
- Mike Rothwell, Pennington Quality Market, Pennington, New Jersey