QAD Supplier Relationship Management Software Recognized as One of Spend Matters’ 2023 “50 Providers to Watch” for the Fifth Year in a Row

SANTA BARBARA, Calif.--(BUSINESS WIRE)--QAD Inc., a leading provider of next-generation manufacturing and supply chain solutions in the cloud, announced that Spend Matters has recognized QAD Supplier Relationship Management (SRM) software in its annual “50 Providers to Watch” list for the fifth year in a row.

For the past 10 years, Spend Matters’ “50 Providers to Watch” list has recognized fast-rising companies in the procurement and supply chain market. The list features up-and-comers: solution providers who continue to grow and develop innovative products propelling the market forward.

"It's an honor to be named one of Spend Matters’ ‘50 Providers to Watch’," said Bernhard Soltmann, QAD’s VP of Business Consulting and one of the founders of the Supplier Management solution now known as QAD SRM. "As manufacturers requisition, source, and manage direct materials, QAD offers them the tools they need to collaborate, source and respond to their quickly changing environment."

Spend Matters is the leading solution intelligence source for procurement and supply chain professionals. Combining deep technology analysis and tailored advisory services with daily news coverage and subscription research, Spend Matters is trusted by CPOs, consultants, investors and solution providers alike as their procurement technology intelligence partner.

QAD Supplier Relationship Management (SRM), formerly Allocation Network, is an integral building block to strengthen supply chains to withstand challenges and disruptions. With the waves of challenges undermining supply chains across all industries, businesses need improved supplier collaboration, optimal sourcing and quicker ways to respond to shifts in supply and demand.

QAD SRM delivers the tools to improve real-time communication and procurement processes and to counteract supply risks. Instead of relying on spreadsheets, manufacturers gain the means to seamlessly share critical information and boost mutually beneficial relationships with suppliers.

“With a 23-year history in manufacturing, the solution is especially strong in areas like configurability, support for direct material processes/management, and embeds several industry standards/best practices. In addition, customers can benefit from QAD's broader portfolio and how QAD SRM tightly integrates with it,” said Bertrand Maltaverne, Lead Analyst, Upstream Procurement.

About QAD – Enabling Adaptive Enterprises

QAD Inc. is a leading provider of next-generation manufacturing and supply chain solutions in the cloud. To succeed in a turbulent world, facing disruptions in supply and fluctuations in demand, manufacturers and supply chains must rapidly respond to change and seamlessly optimize agility, efficiency, and resilience for effective customer service. QAD delivers Adaptive Applications to enable these Adaptive Enterprises.

Founded in Santa Barbara, California, QAD has customers in 84 countries around the world. Thousands of companies have deployed QAD enterprise solutions including enterprise resource planning (ERP), digital commerce (DC), supplier relationship management (SRM), digital supply chain planning (DSCP), global trade and transportation execution (GTTE), enterprise quality management system (EQMS), connected workforce and process intelligence. To learn more, visit www.qad.com or call [phone]. Find us on LinkedIn, X, Facebook and Instagram.

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