What is Quantum SDS?
Quantum SDS provides is a enterprise eProcurement and Contract Lifecycle Management (CLM) platform. Quantum customizes the platform for each customer to help realize a fast time-to-value and return-on-investment. The Quantum Trifecta includes Quantum SRM, Quantum Spend Management, and Quantum Contract Lifecycle Management.
Quantum Procure-to-Pay manages buying, approvals, compliance, payments, and vendors worldwide. It is designed to minimize inefficient spend and automates vendors' invoice matching, approvals, and payment to enhance cost savings. It also provides oversight of invoices and use data to make better decisions via augmented analytics. It drives early payment discounts based on the ability to create faster analysis, effective reporting, and efficient invoice matching, so procurement teams can then focus improving efficiency.
Quantum Spend Management provides insights that identifying cost-savings opportunities across contrasting or siloed spend data by geographic location and business unit. The platform provides enterprises with insights into supplier performance to build better and stronger relationships.
Quantum Contracts is a full contract lifecycle management (CLM) solution, which includes matter management, a key capability often not supported in CLM solutions. It aims to eliminate inconsistencies between contract agreements and performance by tracking procurement sourcing processes through the full lifecycle of contracts, purchase order generation, invoicing, and payment. It supports integration with a v ariety of enterprise applications. Contracts are created from a sourcing project or through customizable templates that provide global visibility and standardization.
Categories & Use Cases
Technical Details
| Deployment Types | SaaS |
|---|---|
| Mobile Application | No |
| Supported Countries | Worldwide |
| Supported Languages | All languages supported |