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Quantum Beacon Reviews & Product Details

Quantum Beacon Overview

What is Quantum Beacon?

Experience the power of Quantum Beacon, a proven, turnkey treasury management and ALM solution that can be tailored to your needs. Monitor borrowing costs across your portfolio and track loan covenants on an ongoing basis. Also, get complete visibility in terms of liquidity, LCR and ALM simulated with Beacon’s behavioural models. Plus, with real-time alerts, you'll never miss a payment obligation or reporting deadline.

Quantum Beacon Details
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Seller Details
Year Founded
2006
HQ Location
Mumbai, IN
Twitter
@QPhinance
LinkedIn® Page
www.linkedin.com
114 employees on LinkedIn®
Description

Quantum Phinance is a financial solutions company that was established as a part of the business incubation program at Society of Innovation and Entrepreneurship (SINE), the entrepreneurship venture at the Indian Institute of Technology, Bombay in 2006. Since inception, we have been providing cutting-edge solutions to 30+ leading finance companies in Asia such as Aditya Birla Capital, HDFC AMC, Axis Bank, LIC Housing Finance, NPCI, MCX, Piramal Capital, Edelweiss, Siemens, Avendus and Indostar. CXO offices rely on us for our domain expertise. We empower them by solving complex calculations and automating business critical and complex processes through our patented tech products - Quantum SheetKraft, Quantum Beacon Treasury and Quantum Beacon LMS.


Quantum P.
QP
Overview Provided by:

Recent Quantum Beacon Reviews

PRAGATI K.
PK
PRAGATI K.Enterprise (> 1000 emp.)
4.0 out of 5
"BEACON First Hand Experience"
The cash flow and calculation part is well maintained.
sourav j.
SJ
sourav j.Enterprise (> 1000 emp.)
4.5 out of 5
"Very helpful in maintaining vast portfolio of borrowings"
There Deal creation fields are very helpful and accurate in showing correct cashflows.
CA Yash S.
CS
CA Yash S.Enterprise (> 1000 emp.)
5.0 out of 5
"ALM Application Review by Yash Shah – Deputy Manager (Fedbank Financial Service – Treasury"
"The Quantum Phinance team has developed a best-in-class Asset Liability Management (ALM) application that has significantly reduced the amount of ...
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14 Quantum Beacon Reviews

4.5 out of 5
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14 Quantum Beacon Reviews
4.5 out of 5
14 Quantum Beacon Reviews
4.5 out of 5

Quantum Beacon Pros and Cons

How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
Cons
G2 reviews are authentic and verified.
CA Yash S.
CS
Deputy Manager- Treasury
Enterprise(> 1000 emp.)
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Validated Reviewer
Review source: Organic
(Original )Information
What do you like best about Quantum Beacon?

"The Quantum Phinance team has developed a best-in-class Asset Liability Management (ALM) application that has significantly reduced the amount of time and effort I need to invest. What used to take me several days can now be accomplished within just a couple of hours. The application provides a seamless and user-friendly interface, making it incredibly easy to generate ALM reports. However, what truly sets Quantum Phinance apart is their exceptional service. Their commitment to customer satisfaction is unparalleled, making them the absolute best in the industry.” Review collected by and hosted on G2.com.

What do you dislike about Quantum Beacon?

Its a growing company , so there are no established products as such , everything needs to be customised . The standard product "Beacon" is a classic software but needs improvement for covering more Treasury functions. Review collected by and hosted on G2.com.

What problems is Quantum Beacon solving and how is that benefiting you?

It is solving problem by replacing large excel files & saving every data at the same time maintaining audit trail . Its a user friendly software , also the best part is it fetches data from external websites like MF NAV , which saves time. Review collected by and hosted on G2.com.

PS
Mid-Market(51-1000 emp.)
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Validated Reviewer
Review source: Organic
What do you like best about Quantum Beacon?

The Beacon Application, implemented in Fedbank Financial Services by the Quantum Phinance Team, is truly remarkable as it addresses the majority of the problems we encounter within our treasury operations. It is actively being developed to fully cover all aspects of the Treasury Management system, with the remaining issues being diligently worked on.

What sets Quantum Phinance apart is their exceptional service. They are always prepared to customize the application by adding new Treasury features, and I firmly believe that they will soon cover all remaining needs. Moreover, the user-friendly nature of the application is its most significant and appealing aspect. I personally appreciate how intuitive and easy-to-use it is, enhancing our overall experience Review collected by and hosted on G2.com.

What do you dislike about Quantum Beacon?

The default system is truly good but it needs for an advancement for fulfilling other requirements of treasury Review collected by and hosted on G2.com.

What problems is Quantum Beacon solving and how is that benefiting you?

Cashflow management,collation of data,automated investment path,interest payment report,NCD accrual report,liabilities report.All in all it is solving more than expected Review collected by and hosted on G2.com.

DS
Mid-Market(51-1000 emp.)
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Validated Reviewer
Review source: Organic
What do you like best about Quantum Beacon?

System is very user friendly. Apart from entering loan details in the system, all other processes such as interest calculation, accounting, payments, etc. are automated. All the borrowing details can be captured right from sanction letter. Upload functionality of documents pertaining to borrowing is also available. Ready made treasury reports are also available in the system. Review collected by and hosted on G2.com.

What do you dislike about Quantum Beacon?

For many things, masters are not there but are embodied as ENUM. For more flexibilities, master creation option should be available. Review collected by and hosted on G2.com.

What problems is Quantum Beacon solving and how is that benefiting you?

1. Auto Interest Calculation

2. Cashflow Summary

3. Availability of various reports such as ALM, Cost of Borrowing, Borrowings as on date, etc

4. Upload of all documents relating to borrowing

5. Automated Accounting Review collected by and hosted on G2.com.

PS
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Review source: Organic
What do you like best about Quantum Beacon?

Beacon is a great software for the Financial Service sector as it covers/develops all the developments which a user requires. The understanding of the Beacon Team is knowledgeable and understanding the requirements of every user is remarkable. Review collected by and hosted on G2.com.

What do you dislike about Quantum Beacon?

Everything is okay as things are evolving or new requirements do come up it takes time for the system to develop the same Review collected by and hosted on G2.com.

What problems is Quantum Beacon solving and how is that benefiting you?

Various problems regarding reporting reports, data management, details of every deal been available, various reports which are required, all requirements which are evolving and required as a user is developed by Beacon Review collected by and hosted on G2.com.

NP
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Quantum Beacon?

Good Accounting Support. The product offers comprehensive support for all the instruments we need in our treasury. With the added advantage of generating all the relevant reports, the product has seamless support for all our accounting needs. Review collected by and hosted on G2.com.

What do you dislike about Quantum Beacon?

No dislikes found so far using the product. Review collected by and hosted on G2.com.

What problems is Quantum Beacon solving and how is that benefiting you?

I got support for generating different types of reports that I require for work and helps me with my speed of work. Review collected by and hosted on G2.com.

IG
Small-Business(50 or fewer emp.)
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Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Quantum Beacon?

Customization as per the Requirement, Upload functionality of documents is perfect, Auto EMI calculation is good, and Accounting entries integration part is good. Review collected by and hosted on G2.com.

What do you dislike about Quantum Beacon?

Master data is not there. Sometimes system runs very slowly. Review collected by and hosted on G2.com.

What problems is Quantum Beacon solving and how is that benefiting you?

Auto Interest calculation and Accounting module. Review collected by and hosted on G2.com.

sourav j.
SJ
Assistant Manager
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Review source: Organic
What do you like best about Quantum Beacon?

There Deal creation fields are very helpful and accurate in showing correct cashflows. Review collected by and hosted on G2.com.

What do you dislike about Quantum Beacon?

Processing speed can be improved and better user interface. Review collected by and hosted on G2.com.

What problems is Quantum Beacon solving and how is that benefiting you?

All huge Borrowings cashflows around 240lakh crore is maintained in beacon and giving desired results as per our convenience.

Reports are very useful to give faster decision making. Review collected by and hosted on G2.com.

PRAGATI K.
PK
Electrical Engineer
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Review source: Organic
What do you like best about Quantum Beacon?

The cash flow and calculation part is well maintained. Review collected by and hosted on G2.com.

What do you dislike about Quantum Beacon?

It is some what slow and takes time to process. Review collected by and hosted on G2.com.

What problems is Quantum Beacon solving and how is that benefiting you?

Mutual fund transactions have become easy to handle. Review collected by and hosted on G2.com.

PJ
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: Organic
What do you like best about Quantum Beacon?

Once all data is inputted in QP for investors, and don't need to look again; before that, I used to make in an Excel sheet- where-many mistakes used to happen Review collected by and hosted on G2.com.

What do you dislike about Quantum Beacon?

It was a bit slow-but team has improved.. Review collected by and hosted on G2.com.

What problems is Quantum Beacon solving and how is that benefiting you?

it is very usefull...for preparing interest working for NCD holder also doing tally entry Review collected by and hosted on G2.com.

Verified User in Accounting
UA
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Review source: Organic
What do you like best about Quantum Beacon?

System is user friendly.

All the details are captured correctly from all the masters.

Integration with LOS to LMS is good.

The product has seamless support for all our change requests and for any issues.

Team is very quick for resolving it. The reports .

The report details are captured correctly without any number mismatches. Review collected by and hosted on G2.com.

What do you dislike about Quantum Beacon?

Multiple users accessing causes system slowdown sometimes but it is managed by support team. Review collected by and hosted on G2.com.

What problems is Quantum Beacon solving and how is that benefiting you?

Automation of manual tasks and accuracy in cashflow management. Review collected by and hosted on G2.com.