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What is Qvantum?

QVANTUM is a cloud solution for agile, operative corporate planning. The solution provides companies with planning data - automated, cross-departmental. QVANTUM, based on automatically available planning data and figures from all company areas, can help create valid company plans. These…

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Users have found that the software is a valuable tool for budget planning and controlling. Compared to using Excel, the software is easier …
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Entry-level set up fee?

  • Setup fee optional
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  • Free Trial
  • Free/Freemium Version
  • Premium Consulting/Integration Services

Starting price (does not include set up fee)

  • $550 per year per user
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Product Details

What is Qvantum?

QVANTUM is a cloud solution for agile, operative corporate planning. The solution provides companies with planning data - automated, cross-departmental. QVANTUM, based on automatically available planning data and figures from all company areas, can help create valid company plans. These plans are not just based on past data but data that comes directly, automatically, and from other departments, which already contain future planning data.

QVANTUM replaces manual planning processes, to help companies raise their planning and the associated methods to the next level. Controllers can create plans and forecasts for themselves and management very quickly. Agile corporate planning makes it possible to adjust planning at any time based on daily updated information and thus to react to changes in the shortest possible time.

QVANTUM states they aim to develop software for decentralized corporate planning closely to the users' needs. This approach creates flexibility and enables complex planning tasks to be managed.

The vendor offers use cases on how QVANTUM can support a company through planning and controlling tasks:

Operations Planning

A company's success depends directly on production and its delivery capability. An efficient supply chain control prerequisite is a smooth alignment between sales and operations. With agile business planning, a company has maximum transparency across all planning data and all business departments. Individually adaptable to the business area, QVANTUM can correlate, link, evaluate and prepare the centrally available data as desired.

Sales Planning

The customer is the crucial figure in this complex task, from production to availability of the product or service. Sales are the sensor system of a company. Still, they can only help if the planned sales data is always up-to-date and readily available—the data needed in sales and all units involved in production (operations). In the best case, however, planning is a two-way street; the production-related units also provide planned figures, which in turn find their way into an optimized sales plan. Those who succeed in this alignment between Sales and Operations (S&OP Alignment) will benefit from satisfied colleagues in all departments and long-lasting customer relationships.

Personnel Cost Planning

Companies are apprehensive about a shortage of skilled workers and cost pressure but need more transparency in personnel costs. With QVANTUM's operational personnel cost planning, the user can monitor personnel costs in a rolling manner. Identify bottlenecks or overcapacity at an early stage to be able to take action quickly.

Some use cases that demonstrate how QVANTUM has been helping companies succeed.

SALOMON FoodWorld reduces their planning effort

For SALOMON FoodWorld as a food specialist, smooth planning is essential - but consistent data and high material effort have slowed down controlling.

With the help of QVANTUM, SALOMON FoodWorld established a flexible and automated planning process to reduce the time required.

ONSKINERY reduced the planning period from 1.5 months to 5 days.

ONSKINERY is an expert in digital sales opportunities of legwear, i.e., socks, stockings, and more. Reliable sales planning is crucial for the broad portfolio of the Central Franconian company. This could not be realized with Excel: It took about a month and a half from the output of the Excel spreadsheets to the final planning. The purely administrative effort for the planning process was immense.

With QVANTUM, this planning was achieved in five days.

Because it is deployed from the cloud, QVANTUM has no impact on the existing IT structure in the company. Whether on the PC, tablet, office, or home, the controller and his team are free to choose where and with which device they want to work in QVANTUM Business Planning. Speaking of the cloud: security and compliance play a central role, especially in corporate planning. Therefore, QVANTUM is hosted in the vendor's own German data center in compliance with legal and data protection requirements, where corporate planning is always available, secure, and, above all, legally compliant.

Qvantum Features

Budgeting, Planning, and Forecasting Features

  • Supported: Financial budgeting
  • Supported: Forecasting
  • Supported: Scenario modeling
  • Supported: Management reporting

Financial Reporting and Compliance Features

  • Supported: Management Reporting
  • Supported: Excel-based Reporting

Analytics and Reporting Features

  • Supported: Cost and profitability analysis

Integration Features

  • Supported: Excel data integration
  • Supported: Direct links to 3rd-party data sources

Ad-hoc Reporting Features

  • Supported: Drill-down analysis
  • Supported: Predictive modeling
  • Supported: Report sharing and collaboration

Data Discovery and Visualization Features

  • Supported: Predictive Analytics
  • Supported: Support for Machine Learning models
  • Supported: Pattern Recognition and Data Mining

Access Control and Security Features

  • Supported: Multi-User Support (named login)
  • Supported: Role-Based Security Model
  • Supported: Multiple Access Permission Levels (Create, Read, Delete)
  • Supported: Single Sign-On (SSO)

Qvantum Screenshots

Screenshot of This overview of QVANTUM shows how to define a planning session, what data can be prepared, and deadlines.Screenshot of A form that planners can later fill. Users can access the parameters to set up for planners through this panel. Defining fields that they can input along with simple syntax to follow for effective planning.Screenshot of Planners through these forms can start planning and giving inputs about their data. The user has fields that can be edited and data inputted so that the Controller can see the overall planning of a company.Screenshot of Forms: Forms can be created and changedScreenshot of Admins can assign Teams and the roles each of these team members can perform. The user can set up access points in the planning sheet.Screenshot of The modeling tool helps import current data and also export it. By following simple instructions, the data can be imported and viewed in forms.

Qvantum Video

Plan collaborative. orchestrated. smart.

Qvantum Technical Details

Deployment TypesSoftware as a Service (SaaS), Cloud, or Web-Based
Operating SystemsUnspecified
Mobile ApplicationNo
Supported CountriesGermany, Austria, Switzerland
Supported LanguagesGerman, English

Qvantum Customer Size Distribution

Small Businesses (1-50 employees)0%
Mid-Size Companies (51-500 employees)50%
Enterprises (more than 500 employees)50%
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Community Insights

TrustRadius Insights are summaries of user sentiment data from TrustRadius reviews and, when necessary, 3rd-party data sources. Have feedback on this content? Let us know!

Users have found that the software is a valuable tool for budget planning and controlling. Compared to using Excel, the software is easier to use and reduces mistakes in formulas, speeding up the planning process. With the software, users are able to collaborate and coordinate with different departments, making budget planning and controlling more efficient. They appreciate the convenience of having access to the data they need wherever they are. The software provides an easier way to work in the area of budgeting, making complex data easier to understand and improving the process of controlling. It transparently processes figures, making it easier for users to analyze and interpret the data. The administration of different cost centers is now more manageable and organized with the software. It provides a good overview of planning values for budget planning, helping users make informed decisions.

Furthermore, users find that the software replaces self-programmed tools that were previously used for budget planning and controlling. It offers more features and efficiency, resulting in improved customer satisfaction. Users primarily use the software for planning yearly budgets with subsidiaries, finding it more flexible and efficient compared to using Excel. They find that working with the software's data cube is easier than managing multiple Excel files, reducing maintenance and consolidation efforts. Overall, users are happy with the software and find it helpful in completing their tasks. It has completely replaced their Excel solutions, significantly shortening the planning process and simplifying modeling. Moreover, it has been beneficial for decentralized planning, improving coordination and efficiency within organizations.

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