QAD Enterprise Applications 2008 (QAD 2008) Debuts at QAD Explore Customer Conference

QAD continues to build applications that further its marketplace vision for the Perfect Lean Market-the ultimate lean, just-in-time, network of shared information and processes. Enabling this vision are the new capabilities and industry-specific functionality in the latest release of QAD software, QAD Enterprise Applications 2008.

QAD 2008 combines user efficiency, flexibility and functional sophistication, providing customers the most powerful release of QAD software to date. With QAD 2008, not only do you get an elegant enterprise solution that meets your ever changing business requirements, but also a trusted partner, committed to providing software and services that create true business advantage. QAD has seen customers through challenging times-increasing globalization, expansion of emerging markets, compliance regulations and industry standards. As customers' needs evolve, we have and will continue to evolve the QAD product suite to meet their needs.

With QAD 2008, we're delivering on our promise to bring customers a complete solution for global businesses:

• Enterprise Financials - Extensive core financial capabilities for enterprise-sized organizations. This is a complete solution of software, services and support for your accounting and financial operations.
  
  
• Ease of Use - QAD Enterprise Applications are easy to use, quick to implement and intuitive for users to learn. The solution incorporates human engineering, Service Oriented Architecture, flexible workflows and automation that makes customers more efficient.
  
  
• Global Solution - A global platform, combining software and services that can be implemented around the world and deployed according to your business and IT needs.
  
  
• Scalability - Meets the needs of companies of all sizes - SMB to large multinational corporations.
  
  
• Governance, Risk and Compliance - QAD keeps you in compliance - meeting business and legal requirements by country or industry. QAD 2008 makes it easier to be compliant - roles based security makes it easier to enforce and enables faster and more reliable reporting.
  

QAD 2008 also introduces the highly-anticipated QAD Enterprise Financials, featuring the intuitive, user-friendly .NET user interface. The new financials module supports the accounting and financial requirements of global organizations.

Enterprise Financials provide:

• An efficient and powerful financial solution for mid-sized to large global manufacturing companies. Financial functions combine local legislative and business processes with cost accounting and management accounting practices specific to your company needs, while helping you to comply with corporate governance challenges such as Sarbanes-Oxley and IFRS.
  
  
• A complete finance solution for global manufacturing companies, providing accounting transactions and financial management across the organization, and offering both simple internal reporting tools and sophisticated budgeting and analysis. The core financial administrative processes-accounting, general ledger, budgeting, and reporting-are integrated into one comprehensive system. This supports the administrator with system-wide control and immediate information on any aspect of the organization's finances.
  
  
• Deployment across multinational organizations and supports multiple languages, currencies, and tax systems. It manages international accounting issues such as currency revaluation and differing tax systems.
  
  
• Extended budgeting and cost accounting features handle cost control and allocation issues. This setup support a split view on organizational, departmental and activity level.
  
  

The QAD Explore customer conference is your best opportunity to experience QAD 2008 first hand. Come see this exciting new release and learn how QAD's complete solution suite can create sustainable business advantage for your company. Register today!