Quorum offers an industry-leading portfolio of finance, operations and accounting software that empowers energy companies of all sizes to conquer their most complex business challenges. From the field to the back office, defying complexity is coded in their DNA and their software. This unmatched experience is why Quorum is the choice of eight of the largest public energy companies worldwide, 75 percent of LNG exporters throughout North America and 80 percent of all natural gas processed in the United States. Designed for digital transformation, the myQuorum software platform delivers open standards, mobile-first design and cloud technologies to empower innovation at the speed of thought. At Quorum, they’re helping visionary leaders transform their business, and the energy industry, for a digital world.
"We saved $300 million on this acquisition. Using our previous method, we were prepared to offer $500 million for this asset. That would have met our internal rate of return. However, the analysis with Portfolio showed us that we should not pay more than $200 million. Paying more for this asset would make it not the right deal for us. It would limit our ability to invest in other opportunities. After much discussion, we decided to bid $200 million, and we won. A few hours of analysis using your software saved us $300 million."




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