QAD Enterprise Resource Planning Solution (ERP)

• QAD Financials – Provides the ability to manage and control businesses at a local, regional and global level with solutions for accounting, regulatory compliance, financial reporting and other critical business requirements
• QAD Customer Management – Provides improved responsiveness through collaboration and management of customers and demand
• QAD Manufacturing – Enables companies to reduce costs and increase throughput using the latest manufacturing scheduling techniques, including the capability to fully support lean adoption
• QAD Supply Chain – Includes modules that help improve the management of supply and suppliers through real-time collaboration
• QAD Service & Support – Provides the capability for after sale service and support of products. Manages Warranty Tracking, Services Calls and Returns & Repairs
• QAD Enterprise Asset Management – Manages the entire life cycle of capital assets from planning to installation and then preventative maintenance and repair
• QAD Analytics – Helps companies analyze data to measure business performance in key areas
• QAD Interoperability – Allows database portability and operating system flexibility, and works with QAD QXtend integration layer to enable access to all elements of QAD Enterprise Applications.

QAD was founded on expertise in six specific markets:

• Automotive
• Consumer Products
• Food and Beverage
• High Technology
• Industrial Manufacturing
• Life Sciences

We develop our solutions based on evolving industry challenges; partner with leading industry customers to meet their requirements; and actively participate in industry groups and standards bodies to help shape the industries we serve. In doing so, have secured our position among the world's leading software solutions providers.

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Consolidation

The Shared Services capability of QAD Enterprise Applications allows multi-entity consolidations and eliminations to be performed across multiple general ledgers. The sophisticated chart of account mapping capabilities allow for different charts of account to be consolidated, and full traceability to originating transactions can be maintained, which are critical for audit ability.

Consolidation of the financial results of entities in different domains, with different base currencies and charts of account, can be achieved without the need to export and import the data. QAD's solutions support multiple or proportional consolidation and enable hierarchical reporting.

Multi Currency

QAD Enterprise Applications support multiple currencies. Accounting transactions can be recorded in any currency and reported either in the transaction currency or converted to the operation's base currency at the prevailing exchange rate. Currency reporting options allow general ledger reporting to reflect the latest exchange rate. QAD Enterprise Applications enables companies to update and maintain exchange rates at any time. All capabilities for profit and loss on foreign exchange are accommodated within QAD General Ledger reporting. Support is provided for multiple bank accounts in separate currencies.

Users can maintain and support a virtually unlimited number of currencies, and the application supports full currency dependent rounding to allow simultaneous support of different currencies. Multiple base currencies within a single database are supported by the Domain concept, and QAD General Ledger consolidation can accommodate operations running in different base currencies.

System Controls and Security

QAD has developed security and control functionality to meet strict security procedures — those required by internal corporate policies as well as mandated by governing bodies — such as the requirements of the SEC, IFRS, as well as the U.S. Food and Drug Administration 21 CFR Part 11.

• Define and enforce security policies on password management
• Define the threshold of failed log-in attempts that will indicate a security violation
• Provide log-in access control and access restrictions to menu functions
• Control password complexity and aging with configurable parameters
• Allow administrators to force some or all users to change their password at next log-in
• Provide enhanced intrusion detection including the ability to record all or failed log-in attempts
• Control password composition, frequency of change and rules for reuse
• Log all log-in events and lock accounts after a prescribed number of failed attempts
• Provide a flexible report for investigating log-in attempts
• Meet the requirements of 21 CFR Part 11

Multi-National Capabilities

QAD Enterprise Applications provide single-site companies and multinational organizations with a fully integrated enterprise solution that sets new standards for connectivity, functionality and ease-of-use. QAD Enterprise Applications operate factories and supply chains, manage and secure data, and provide corporate governance compliance at more than 5,500 sites in 90 countries.

QAD Enterprise Applications are available in 27 languages and can handle an unlimited number of currencies. For both single-site manufacturers with customers and suppliers in many locations around the world, and global enterprises with factories and plants in dozens of countries, QAD can provide the solutions and support to operate multi-national businesses in the most efficient and profitable manner.

Enterprise Resource Planning systems (ERPs) integrate (or attempt to integrate) all data and processes of an organization into a unified system. QAD offers advanced Enterprise Resource Planning (ERP) system software to help global manufacturers achieve integrated management, analysis, planning and control related to all aspects of the manufacturing entity.