Contracts Management: Why You Need It
Contracts should be considered assets, and as such they can optimize an organization’s process to maximize the value they represent. The bottom line is this: There are few things all...
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A Well-Engineered Contracts Management Software System Can Save Money and Provide Real Value
Regardless of the industry or niche a business/company may serve, contracts are a major component of daily operations. Created for business partnerships, labor, vendor transactions, customers and more, contracts almost...
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Diversity Spend Tracking: What is it?
Diversity Spend Tracking: What is it and What are the Benefits? Diverse supplier spend refers to the amount of money an organization spends with diverse-owned businesses when purchasing products and...
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Diversity Spend in the times of a Pandemic
Diversity Spend in Pandemic Times Supplier diversity will help businesses large and small recover from the COVID 19 pandemic, irrespective of the fact that many medical professionals say the world...
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Understanding Supplier Relationship Management (And How Companies Can Benefit by Working with Quantum)
Supplier relationship management (SRM) is defined as the discipline of strategically planning for and managing all interactions with third party organizations that supply goods and/or services to an organization to...
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Everything There is to Know About Contracts Management
Contacts management refers to the process of taking on the responsibility of managing contracts for employees, vendors or other parties. Contract managers need to possess legal knowledge to accurately lead...
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Risk Management: What it is and What it Means for Business
Risk management describes the process of identifying, assessing and controlling threats being posed to an organization’s capital and earnings. These threats – or risks – could originate from a plethora...
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Quantum RFx
Quantum is a full source-to settle eProcurement solution. Quantum’s RFx solution has predictive analytics which is considered to be advanced technology and makes assumptions about future opportunities. Predictive analytics uses...
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Supplier Management Best Practices
Over the past decade or so, business pressures and demands have changed in such a way that product lifestyles are shorter while market variations are “wider” than ever before. The...
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What is Data Management (and How it Can Help Businesses)
Let’s put this out there right now: An organization’s data is often recognized as the most vital asset of an enterprise. Quantum representatives have often told clients that companies which...
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