Quantum Financials is a cloud-based financial solution with automation and configurable workflow which provides the ability to use financial data to understand and make business decisions. It is a technology platform with a high degree of usability, providing users with the flexibility to access the system and accomplish work via mobile platforms. Quantum Financial is the replacement for UMB's financial System including reporting.

Goals and objectives of Quantum Financial:

• Implement a modern, cloud-based finance solution
• Increase the efficiency of UMB financial processes through automation and configurable workflow
• Increase the access to and ability to use financial data to understand and make business decisions
• Reduce UMB stakeholder reliance on supplementary systems to support their reporting, budgeting, and financial forecasting needs
• Reduce the effort and costs associated with maintaining the financial system’s physical infrastructure, security, and system maintenance
• Reduce the effort, cost, and time to apply patches and upgrades that deliver new functionality
• Adopt a flexible technology platform with a high degree of usability
• Adopt a technology that provides users with the flexibility to access the system and accomplish work tasks via mobile platforms