Technology
Research by the International Association for Contract & Commercial Management organisation (IACCM) shows that poorly managed contracts can cost organisations 9% of annual turnover. Here’s how our Quantum platform can help.
Technology
Research by the International Association for Contract & Commercial Management organisation (IACCM) shows that poorly managed contracts can cost organisations 9% of annual turnover. Here’s how our Quantum platform can help.
Quantum – your gateway to greater control, visibility and insight.
Quantum is a cutting-edge platform designed to enhance contract management and spending efficiency. It offers a secure, cloud-based solution that aggregates data from various supply chains, providing a single source of truth for greater control and insight.
Key benefits include easy visibility, operational efficiency, comprehensive supplier management, and reduced risk and billing administration time. Quantum’s robust contract management tracks details and manages renewals, while its spend insights offer detailed visibility into supplier performance, aiding in effective spend management and cost-saving opportunities. For more information or to schedule a demo, fill in the form below or contact info@pfh.co.uk.
“With regards the Data and Insight Portal since we have had access to this tool it has been a great help in seeing the day-to-day accounts we run through PfH. It is particularly helpful to see where our spend is going and helps us with identifying products which we are using more direct with the member merchants and can look to move into our core stock.”
Mark Davies, Supply Chain Manager, Incommunities Ltd
Curious why Quantum stands out? Discover what our clients enjoy:
- Operational efficiency: Quantum collects and processes data to align transactions with contracts, jobs, and pricing, enabling better decisions and operations.
- Value leakage prevention: Quantum manages contracts and spending to avoid value leakage, a common issue that social housing providers face. You get the best value from your contracts with Quantum.
- Contract value optimisation: Quantum tracks contract details and helps to manage renewals and maintain compliance. The platform evaluates supplier performance and trends, facilitating smoother negotiations and better terms. With that, you can optimise your spending and contract value with Quantum.
- Risk and compliance reduction: Quantum monitors spending and flags unusual behaviours, allowing for early intervention and prevention. This reduces risk and ensures compliance with set spending rules.
- Billing simplification: The platform consolidates all supplier expenses into one monthly invoice, saving time and money. The direct debit option removes the need to manage multiple invoices.
- Spend management: Quantum offers tools like the Spend Dashboard and PfH Cards to control and manage spending and purchases. The Insight Reporting feature gives visibility into materials spend and supplier performance, making spend management easier.
These benefits highlight Quantum’s ability to transform contract and spend management, offering a comprehensive solution that addresses the challenges faced by professionals in the social housing sector. For more detailed information or to see how Quantum can specifically benefit your organisation, a demo can be arranged by filling in the form below or contacting info@pfh.co.uk.
For peace of mind around compliant and efficient spend, contact us today
If you’re a social housing provider or an existing member, simply fill in your details below and a member of our team will be in touch to provide further assistance and guidance.
Latest news
Six top tips to develop a strategic approach to the procurement of temporary accommodation18th July 2024 - 1:34 pmDemand for temporary accommodation is being driven by the Government’s acceleration of the asylum decision process, along with rising homelessness linked to a shortage of social homes and the cost of living crisis. So, how can housing associations and local authorities develop a more strategic approach to the procurement of temporary accommodation?
Navigating the future of procurement: elevating public sector practices8th July 2024 - 10:45 amGuy Stapleford, Head of Consultancy at Procurement for Housing, summarises the biggest challenges facing procurement in the year ahead.
Managed by
Accredited by
