iQuantum’s 7 step eProcurement Optimization
360 Degree Digital
Transformation
of Global Corporate Procurement
and Supplier Management
iQuantum AI/ML Powered eProcurement Solution
iQuantum brings to the marketplace an AI/ML powered procurement tool to gain full visibility on all spend types for Procurement leaders. It integrates a robust diversity spend solution with supplier sustainability, performance management and contracts management. Its AI/ML brings predictive analytics for better purchasing decisions.
iQ.SRM
- International Supplier Registration
- Supplier Onboarding
- Supplier Performance Management
- Detailed Scorecard Solution
- RFx Management (RFI, RFP, RFQ)
- Events/Opportunities/Bids
- Access to iQuantum’s Global Supplier Database
iQ.Contracts
- Full Contracts Lifecycle Management
- Third Party Contract Integration
- OCR/ML to Identify High Risk Contracts
- Document Management to Streamline Contract Templates
- Cost Savings Tracker
- Rebate Tracker
- Customizable
- Integrated Matter Management for Legal
iQ.SpendPower
- Customized Leadership Dashboards
- Manage Direct, Indirect, Maverick Spend
- Set MRO and Maverick Spend Limits
- Spend Analysis Reporting
- Forecasting
- Gap Analysis
- Task Manager
- Project Manager
iQ.Diversity
- Robust Tier 1 Diversity Management
- Robust Tier 2 Diversity Management
- Data-enrichment
- Economic Impact Analysis
- Government Reporting
- Certificate Management
- Get iQuantum Certified with Certifix
iQ.Compliance
- DocVault for All Compliance Documents
- Customized for Each Customers Compliance Needs
- Alerts on Non-compliant Suppliers
- Automated Annual Compliance Updates
iQ.Purchasing
- Punchout2Go Ready
- Integrated PO and Invoicing Process
- Alerts on Exceeded Maverick Spend Limits
- Streamlined Approval Process
Some Of Our Customers
The iQuantum eProcurement Solution
Providing much-needed digital transformation of procurement by automating accurate allocation and simplifying the process of controlling and reducing indirect, maverick, tail, and MRO spend.
iQuantum Solutions
iQuantum offers solutions that enable corporations, governments, individuals and agencies real time reporting based on classification, geography and industry codes.
Compliance Management
Sustainability, Conflict Mineral and Vendor Risk.
Performance Management
Supplier performance and scorecard evaluation.
Contracts Lifecycle Management
Contract Management for customers and suppliers.
Data Enrichment
Classification of suppliers for diverse spend tracking through sophisticated enrichment process.
Supplier Diversity Spend Reporting
Comprehensive Tier1 and Tier2 automated spend tracking reporting solution.
Economic Impact Analysis
Reports impact to Direct, Indirect, Induced and Value-added dollars.