# Quantum Beacon Reviews **Vendor:** Quantum Phinance **Category:** [Treasury Management Systems](https://www.g2.com/categories/treasury-management-systems) **Average Rating:** 4.5/5.0 **Total Reviews:** 14 ## About 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 Reviews ### 1. ALM Application Review by Yash Shah – Deputy Manager (Fedbank Financial Service – Treasury **Rating:** 5.0/5.0 stars **Reviewed by:** CA Yash S. | Deputy Manager- Treasury, Enterprise (> 1000 emp.) **Reviewed Date:** July 05, 2023 **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.” **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. **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. ### 2. Beacon Application Review by Pujan Shah – Assistant Manager (Fedbank Financial Service – Treasury) **Rating:** 4.5/5.0 stars **Reviewed by:** Pujan S. | Mid-Market (51-1000 emp.) **Reviewed Date:** July 03, 2023 **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 **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 **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 ### 3. First Hand Review as an user. **Rating:** 5.0/5.0 stars **Reviewed by:** Deep S. | Mid-Market (51-1000 emp.) **Reviewed Date:** May 31, 2023 **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. **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. **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 ### 4. Very User Friendly **Rating:** 5.0/5.0 stars **Reviewed by:** Piyush S. | Enterprise (> 1000 emp.) **Reviewed Date:** July 04, 2023 **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. **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 **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 ### 5. Good Experience with the product. **Rating:** 5.0/5.0 stars **Reviewed by:** Nitin P. | Mid-Market (51-1000 emp.) **Reviewed Date:** May 31, 2023 **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. **What do you dislike about Quantum Beacon?** No dislikes found so far using the product. **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. ### 6. Review **Rating:** 4.0/5.0 stars **Reviewed by:** Ishita G. | Small-Business (50 or fewer emp.) **Reviewed Date:** June 27, 2023 **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. **What do you dislike about Quantum Beacon?** Master data is not there. Sometimes system runs very slowly. **What problems is Quantum Beacon solving and how is that benefiting you?** Auto Interest calculation and Accounting module. ### 7. Very helpful in maintaining vast portfolio of borrowings **Rating:** 4.5/5.0 stars **Reviewed by:** sourav j. | Assistant Manager, Enterprise (> 1000 emp.) **Reviewed Date:** August 17, 2023 **What do you like best about Quantum Beacon?** There Deal creation fields are very helpful and accurate in showing correct cashflows. **What do you dislike about Quantum Beacon?** Processing speed can be improved and better user interface. **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. ### 8. BEACON First Hand Experience **Rating:** 4.0/5.0 stars **Reviewed by:** PRAGATI K. | Electrical Engineer, Enterprise (> 1000 emp.) **Reviewed Date:** August 17, 2023 **What do you like best about Quantum Beacon?** The cash flow and calculation part is well maintained. **What do you dislike about Quantum Beacon?** It is some what slow and takes time to process. **What problems is Quantum Beacon solving and how is that benefiting you?** Mutual fund transactions have become easy to handle. ### 9. it is very good product for NCD (liablity), due to QP/Beacon- work became faster for interest pay **Rating:** 4.0/5.0 stars **Reviewed by:** Pratibha J. | Small-Business (50 or fewer emp.) **Reviewed Date:** June 27, 2023 **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 **What do you dislike about Quantum Beacon?** It was a bit slow-but team has improved.. **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 ### 10. Beacon Loan Management System Review **Rating:** 4.5/5.0 stars **Reviewed by:** Verified User in Accounting | Enterprise (> 1000 emp.) **Reviewed Date:** July 05, 2023 **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. **What do you dislike about Quantum Beacon?** Multiple users accessing causes system slowdown sometimes but it is managed by support team. **What problems is Quantum Beacon solving and how is that benefiting you?** Automation of manual tasks and accuracy in cashflow management. ### 11. User friendly System - BEACON **Rating:** 4.0/5.0 stars **Reviewed by:** Aarati B. | Small-Business (50 or fewer emp.) **Reviewed Date:** June 21, 2023 **What do you like best about Quantum Beacon?** Beacon system is very user friendly. We can develop the system as per companies requirement considering RBI norms. Support system is also cooperative. **What do you dislike about Quantum Beacon?** Nothing Happy with the product and support **What problems is Quantum Beacon solving and how is that benefiting you?** Reports provided by BEACON and Beacon is able to handle the volumn of transaction ### 12. Beacon review **Rating:** 4.5/5.0 stars **Reviewed by:** mahesh V. | Small-Business (50 or fewer emp.) **Reviewed Date:** June 23, 2023 **What do you like best about Quantum Beacon?** User friendly. It has very good user interface and Easy to use. It has very good features and functionality. good technical support from beacon team **What do you dislike about Quantum Beacon?** No dislike yet. Everything is working fine **What problems is Quantum Beacon solving and how is that benefiting you?** it helps to manage asset and reduces financial risk ### 13. Client Delivery Manager **Rating:** 5.0/5.0 stars **Reviewed by:** Vaibhav G. | Mid-Market (51-1000 emp.) **Reviewed Date:** June 22, 2023 **What do you like best about Quantum Beacon?** Customization as per the Requirement. Less Bugs, running smoothly without any delay, user friendly product. **What do you dislike about Quantum Beacon?** Encrypted database increases dependency on vendor. **What problems is Quantum Beacon solving and how is that benefiting you?** It helps to manage our assets ### 14. User Friendly Loan Management Software **Rating:** 4.5/5.0 stars **Reviewed by:** Shibin T. | Mid-Market (51-1000 emp.) **Reviewed Date:** June 27, 2023 **What do you like best about Quantum Beacon?** User Friendly Software, Most of the Features are covered, IT Team is Supportive **What do you dislike about Quantum Beacon?** Sometimes systems crashes, rest things fine **What problems is Quantum Beacon solving and how is that benefiting you?** Data Entry, Data Management - [View Quantum Beacon pricing details and edition comparison](https://www.g2.com/products/quantum-beacon/reviews?section=pricing&secure%5Bexpires_at%5D=2026-05-14+21%3A05%3A13+-0500&secure%5Bsession_id%5D=617c0455-1e86-4042-9765-05249b834b5c&secure%5Btoken%5D=b928f8871a6fbc93fdabe37732770f40feb5c895baeacb8f74882dcc7c1b078b&format=llm_user) ## Quantum Beacon Features **Cash Management** - Monitor Cash Positions - Debt and Investments - Cash Pooling - Cash Operations - Schedules - Automated Cash Operations **Platform Data** - Visualization **Cash Flow Management** - File Exports - Income and Expenses - Track Cash Flow **Agentic AI - Accounting & Finance** - Autonomous Task Execution **Risk and Compliance** - Manage Different Types of Risk - Comply with Financial Regulations - Counterparty Risk Management - Hedging **Platform Interoperability** - Pre-Built Connectors **Cash Flow Forecasting** - Historical Data - Reforecast - Forecast Types - Rolling Forecasts - AI **Analytics** - Cash Balances - Risk Positions and Scenarios - Expiring Contracts and Payments - Direct Spend Analysis **Platform Additional Functionality** - Dashboard - Multi-Factor Analysis - Cloud **Analytics** - Variance Analysis - Reports - Forecast Comparison - Forward Looking **Banking** - Banking Connectivity - Bank Account Management - Intercompany Lending - Automated Banking **Platform Basics** - Reporting **Financial Data Transfer** - Data Transfer - Data Exchange - Reporting - Access - Integration **Integration** - Financial Systems - Analytics - FX and Trading Paltforms - Multiple Data Sources **Agentic AI - Financial Risk Management** - Natural Language Interaction **Agentic AI - Cash Flow Management** - Autonomous Task Execution **Financial Data Transfer** - Data Exchange - Reporting - Access - Integration **Agentic AI - Treasury Management Systems** - Natural Language Interaction - Proactive Assistance - Decision Making ## Top Quantum Beacon Alternatives - [Coupa](https://www.g2.com/products/coupa-software-coupa/reviews) - 4.2/5.0 (555 reviews) - [BILL AP/AR](https://www.g2.com/products/bill-ap-ar/reviews) - 4.4/5.0 (1,778 reviews) - [Billtrust](https://www.g2.com/products/billtrust/reviews) - 4.4/5.0 (505 reviews)