QAD Accounting Software Review

QAD Enterprise Financials is made to provide extensive financial capabilities for enterprise-sized organizations and includes modules to help a company with all accounting and financial operations.

QAD Enterprise Financials is a financial solution that gives enterprises the ability to manage and control businesses at a local, regional and global level, and supports multi-company, multi-currency, multi-language, multi-tax capabilities, as well as consolidated reporting. QAD Enterprise Financials also includes features to ensure regulatory, governmental and SOX/IFRS compliance.

QAD Enterprise Financials provides flexible and robust reporting, giving decision makers multiple views of their company’s financial position.

QAD Enterprise Key Products:

  • QAD Enterprise Financials

QAD Enterprise Financials Key Features:

  • Financial Analysis: helps ensure that the overall financial options are reviewed by the Chief Financial Officer (CFO).
  • Management Reporting: provides graphical reporting tools to create easy to read reports for board members.
  • Multi-GAAP: by providing multiple accounting layers, users can use multi-GAAP reporting from a single set of books.
  • Budgeting: provides flexible and collaborative budgeting process for Finance Managers
  • Governance, Risk and Compliance: designed to help companies stay compliant with government regulations like the Sarbanes-Oxley, IFRS, FDA 21, CFR Part 11 and other requirements.
  • Consolidations: provides a complete consolidation process for Finance Managers
  • Allocations: provides companies the ability to control distribution of costs and revenue to the appropriate accounts.
  • Financial Shared Services: provides centralization and standards for corporate-wide rollouts to help companies reduce costs and support company growth.
  • Credit Management: helps companies by increasing the visibility of customer’s credit issues and provides management of customers on credit hold for order of shipment processing.
  • Tax Management: provides companies with tax management solutions for different  types of sales, helps companies make sure they are using the correct tax registrations.
  • General Ledger: helps companies make sure their financial data is readily available helping to increase the effectiveness of business decisions.
  • Multi-currency: made to help business that deal with multiple currencies to by making processing payments easier.
  • Accounts Receivable: provides companies with control of the process of billing a customer to collecting the payment.
  • Accounts Payable: made to streamline the purchase order process by monitoring outstanding payments while automating the processing of payments received from suppliers.
  • Banking/Cash Management: Automates the process of monitoring cash flows to provide decision makers with the most accurate information.
  • Cost Management: provides accurate costs for parts and tracks differences in standards based on variable cost components

QAD Enterprise Financials Add-Ons

  • QAD Fixed Assets: helps to ensure accurate management of fixed assets through the assets lifecycle.
  • QAD Internationalization: Add on that ensures that QAD Enterprise Applications can be run across the globe.
  • QAD Enhanced Controls: provides companies with a complete audit trail to help with compliance tracking.
  • QAD Vertex Sales and Use Tax Interface: helps companies ensure they are using accurate tax rates with automatic updates for Us and Canadian tax rates.
  • Logistics Accounting: improves a company’s visibility into the costs and payments incurred in transportation.

Select QAD Customers:

Freudenberg-NOK, Comvita, Lion Nathan