SANTA BARBARA, Calif.--(BUSINESS WIRE)--QAD, a leading provider of enterprise software and services for global manufacturing companies, today announced the availability of enhancements to its QAD Cloud ERP and QAD Enterprise Applications solutions. QAD will present, offer training and demonstrate the new capabilities at the Explore customer conference, May 8-11, 2017 in Detroit.
“Demonstrating our commitment to continuous improvement, this release focuses on important enhancements to our solutions, extending our Channel Islands user experience and deeper vertical industry focus,” said Bill Keese, senior vice president of research and development for QAD. “We continue to improve the underlying technology and architecture while launching many new features, all of which helps our customers build their Effective Enterprises.”
QAD continues to introduce new capabilities for its Channel Islands user experience initiative. The multi-year initiative provides customers an attractive, intuitive, device-independent user experience personalized for roles, tasks and individual users. Santa Rosa I, the third phase of Channel Islands, is available with enhancements including:
- Product-Wide: Full process map integration, security enhancements, additional microservices, extended personalization capabilities and additional mobile support.
- Supply Chain: Enhanced vendor management functionality; QAD Supplier Portal adds collaboration and mobile access capabilities; enhanced mobile QAD Global Requisition System (GRS) is available to be downloaded from the Apple Store or Google Play.
- Manufacturing: Product structures have been added to Channel Islands ensuring a consistent user experience.
- Customer Management: New action requests provide simplified request management for customer service interactions. Enhanced functionality has been added for the customer service manager action center, service orders, CRM integration and browses.
In addition to the user experience updates, QAD has made other key enhancements including:
- Financials: QAD Financials debuts a new solution to support revenue recognition changes mandated by ASC 606 and IFRS 15 guidance.
- QAD Internationalization (I19): The QAD I19 program, which tracks country and local regulations for financial reporting and taxation purposes to help keep customers in compliance, adds eight new country updates. QAD supports 60 countries and offers special country extensions for many more.
- QAD Enterprise Asset Management (EAM): A new version of EAM adds vertical-specific capabilities particularly for automotive, and introduces a maintenance manager dashboard that allows customers to track and analyze maintenance performance indicators in real time, enabling them to react quickly as issues arise and improve preventative maintenance.
QAD also announced an important update to its vertical focus. For nearly four decades, QAD has met the distinct needs of manufacturers in six industries: automotive, consumer products, food & beverage, high technology, industrial and life sciences. Recognizing that each of those six industries is composed of distinct types of manufacturers, QAD has refined its solution design to address the unique needs of each of these types of manufacturers. QAD now offers a distinct solution for 24 vertical segments within those six industries.
“The reality is that there is a great deal of segmentation within our six focus industries,” said Anton Chilton, QAD’s chief, global field operations. “For example, within the food and beverage industry, candy and confectionary manufacturers face different challenges than those encountered by manufacturers of frozen foods. Each of the 24 vertical segments that we’ve identified face unique challenges in technology, competition, regulation and the business processes we address through our solutions. Identifying and drilling down on these vertical segments will help us to deliver solutions that more closely address customer requirements and allow us to help them align their business processes to support their business strategy and become an Effective Enterprise.”
About QAD – The Effective Enterprise
QAD Inc. (Nasdaq:QADA) (Nasdaq:QADB) is a leading provider of enterprise software and services designed for global manufacturing companies. For more than 35 years, QAD has provided global manufacturing companies with QAD Enterprise Applications, an enterprise resource planning (ERP) system that supports operational requirements, including financials, manufacturing, demand and supply chain planning, customer management, business intelligence and business process management. QAD Enterprise Applications is offered in flexible deployment models in the cloud, on-premise or in a blended environment. With QAD, customers and partners in the automotive, consumer products, food and beverage, high technology, industrial products and life sciences industries can better align daily operations with their strategic goals to meet their vision of becoming more Effective Enterprises. For more information about QAD, call +1 805-566-6000, visit www.qad.com.
“QAD” is a registered trademark of QAD Inc. All other products or company names herein may be trademarks of their respective owners.
Note to Investors: This press release contains certain forward-looking statements made under the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding projections of revenue, income and loss, capital expenditures, plans and objectives of management regarding the Company’s business, future economic performance or any of the assumptions underlying or relating to any of the foregoing. Forward-looking statements are based on the company’s current expectations. Words such as “expects,” “believes,” “anticipates,” “could,” “will likely result,” “estimates,” “intends,” “may,” “projects,” “should,” “would,” “might,” “plan” and variations of these words and similar expressions are intended to identify these forward-looking statements. A number of risks and uncertainties could cause actual results to differ materially from those in the forward-looking statements. These risks include, but are not limited to: risks associated with our cloud service offerings, such as defects and disruptions in our services, our ability to properly manage our cloud service offerings, our reliance on third-party hosting and other service providers, and our exposure to liability and loss from security breaches; demand for the company's products, including cloud service, licenses, services and maintenance; pressure to make concessions on our pricing and changes in our pricing models; protection of our intellectual property; dependence on third-party suppliers and other third-party relationships, such as sales, services and marketing channels; changes in our revenue, earnings, operating expenses and margins; the reliability of our financial forecasts and estimates of the costs and benefits of transactions; the ability to leverage changes in technology; defects in our software products and services; third-party opinions about the company; competition in our industry; the ability to recruit and retain key personnel; delays in sales; timely and effective integration of newly acquired businesses; economic conditions in our vertical markets and worldwide; exchange rate fluctuations; and the global political environment. For a more detailed description of the risk factors associated with the company and factors that may affect our forward-looking statements, please refer to the company's latest Annual Report on Form 10-K and, in particular, the section entitled “Risk Factors” therein, and in other periodic reports the company files with the Securities and Exchange Commission thereafter. Management does not undertake to update these forward-looking statements except as required by law.
