TECHNOLOGY
Introducing Quantum: contract assurance and spend insights
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Research from World Commerce & Contracting reveals that poorly managed contracts can cost organisations up to 9% of their annual turnover.Â
Your organisation already allocates a significant portion of its budget to external suppliers. Managing numerous contracts and ensuring every element, from expenditure to social value, is under control presents a constant challenge. Without comprehensive visibility across your supply chain, you risk value erosion and non-compliance. Our technology is specifically engineered to overcome these complex procurement hurdles.
Quantum: Your platform for strategic control and actionable insight
Our advanced spend and contract management platform delivers the precise insights required to make informed decisions and secure the maximum return on your investment. Quantum is a cutting-edge, cloud-based solution that revolutionises how public sector organisations across the UK, manage their supply chain contracts and expenditure. By consolidating procurement data from diverse sources into a secure, unified environment, Quantum establishes a definitive single source of truth, providing unparalleled clarity and strategic foresight.
Quantum
Our features
Quantum is built on a foundation of granular data and intelligent automation, providing the tools your teams need to manage the entire procurement lifecycle.
Supply chain overview
Monitor the impact of your contracts and total expenditure across all agreements managed through Inprova.
Performance tracking
Systematically verify that suppliers meet agreed terms, identifying opportunities to maximise commercial value.
Maverick spend monitoring
Track individual purchasing behaviours to quickly flag and address non-compliant spending, enhancing control and delivering savings.
Basket optimisation
Manage core product ranges based on performance and cost-effectiveness, ensuring operational teams have the right materials at the right price.
Automated price validation
Automatically confirm that the correct, contracted price is applied to every transaction, eliminating manual checking.
Detailed expenditure analysis
Access itemised reporting on spend by supplier, category, and user, supporting accurate financial planning and forecasting.
Contract data consolidation
Track expenditure, monitor social value commitments, and measure supplier performance against bespoke key performance indicators (KPIs) from a single dashboard.
Your benefits
Quantum delivers tangible benefits across your finance, procurement, and operational functions
Easy, secure
visibility
Quantum is a secure, cloud-based platform accessible from any location, 24/7. It provides a consistent source of truth, ensuring data integrity and reliability for all stakeholders
Increased operational efficiency
From contract management to spend insights, your team has everything it needs to optimise your procurement and finance functions and maximise savings and lifetime value from your contracts.
Reduced risk and greater compliance
The platform enables easy monitoring of user expenditure and identifies unusual spending patterns, allowing you to implement preventative measures. It also provides the necessary data for a robust audit trail, demonstrating compliance and organisational impact
Saved time
and cost
Simplify your invoicing process and free up valuable time for more critical tasks. Over the past five years, we have saved 20,000+ working days and £7m+ administration costs by providing consolidated billing to our customers.
Unlock Quantum power in 3 simple steps
Inprova makes implementing the cloud-based Quantum platform quick and efficient, without the need for your IT team to get involved. Here’s how it works:
Connect with Inprova
Schedule a demo and explore Quantum and how it can create value for your organisation.
Begin trading
Once you are using one of our procurement agreements, Quantum will give you the desired control, transparency, and actionable insight at your fingertips.
Reap the benefits
With the insight and support of Quantum, you will streamline your supply chain process and spend management to achieve more operational efficiency, save time and cost and drive value-for-money throughout the contract lifetime with your suppliers.
Reimagine procurement with Quantum
Quantum works seamlessly with our full suite of compliant procurement public sector frameworks and consultancy services. Our team of experts is ready to help you implement and harness the platform’s full potential to optimise spend, mitigate risks, and make evidence-based decisions that deliver long-term value for your organisation.