QAD Enterprise Financials

QAD Enterprise Financials provides extensive financial capabilities for enterprise-sized organizations. This is a complete solution of software, services and support for accounting and financial operations
QAD Enterprise Financials is a powerful and efficient financial solution providing 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 ensures regulatory, governmental and SOX/IFRS compliance. It provides flexible and robust reporting, giving decision makers multiple views of their company’s financial position.
QAD Enterprise Financials consists of the following core modules:
- Financial Analytics – Ensures overall state-of-the-business analysis as strategic options are analyzed for the CFO
- Management Reporting – Board Reporting made simple, and decision making made clear with flexible, graphical reporting tools for the CFO
- Multi-GAAP – Provides multiple accounting layers allowing for multi-GAAP reporting from a single set of books
- Budgeting – Quick, flexible, collaborative budgeting process for the Finance Manager
- Governance, Risk and Compliance – Helps companies stay compliant; minimizes costs of compliance to government regulations such as Sarbanes-Oxley (SOX), IFRS, FDA 21 CFR Part 11 and other governance requirements
- Consolidations – Provides quick & complete consolidation process for the Finance Manager
- Allocations – Provides the power of controlling; allows distribution of costs and revenues to appropriate accounts, sub-accounts, cost centers and projects
- Financial Shared Services – Provides centralization and rollout of standards corporate-wide,creating economies of scale to reduce back-office costs and support growth
- Credit Management – Ensures visibility of customers with credit issues for the Finance Manager; provides management of customers on credit hold for order or shipment processing
- Tax Management – Provides tax management, solutions that serve the different sales, use and VAT taxes globally, ensuring correct tax registrations and smooth tax reporting
- General Ledger – Ensures all financial data is quickly accessible, allowing for drill down and dynamic, flexible corporate reporting for critical business decisions
- Multi-Currency – Enables doing business in any currency, to make managing the global company simpler by processing, paying and receiving money in any currency
- Accounts Receivable – Provides full control of the total process between billing and customer payment collection; a comprehensive and efficient customer account management system
- Accounts Payable – Streamlines the process from purchase order to supplier payments; monitors outstanding payables, automates the processing of payments to suppliers
- Banking/Cash Management – Automates the monitoring of cash flows to quickly make key decisions based on the cash position of the business
- Cost Management – Provides accurate costs for parts and tracks variances to standards based on flexible cost components
Additionally, QAD Enterprise Financials includes these add-on modules:
- QAD Fixed Assets – Ensures accurate management and tracking of fixed assets throughout their lifecycle; from asset acquisition to disposal
- QAD Internationalization – Ensures QAD Enterprise Applications can be run across the globe; supports common local legal business practices across the world using a standardized solution
- QAD Enhanced Controls – Provides complete audit trail tracking of changes, and helps with FDA 21 CFR Part 11 (medical) and Sarbanes-Oxley compliance
- QAD Vertex Sales and Use Tax Interface – Ensures accurate tax rate data with automatic updates for US and Canada; reduces sales and use tax audit exposure and liability
- Logistics Accounting – Improves visibility and control of costs and payments for transportation