iQuantum’s 7 step eProcurement Optimization

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

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.

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