Comprehensive Financial Management for Global Operations
Gain tighter control of costs, boost revenue, and ensure global compliance with an integrated financial management suite, delivering end-to-end visibility and efficient reporting across your enterprise.
Key Benefits of Financials
Accelerate Financial Close & Reporting
Cut period-end reporting by 50% and accelerate invoice processing by 20%, freeing time for strategy.
Enhance Data-Driven Decisions
Access real-time financial data, gaining deep insight into product profitability & transparent audits.
Streamline with Shared Services
Standardize and streamline accounting with shared services to cut costs and improve efficiency.
Key Capabilities to Drive Financial Control and Clarity
and Dynamic Reporting
Create financial report structures for multiple views (org, region, management).
Drill down from the summary account activity to detailed transactions.
Maintain a flexible chart of accounts with fields for multi-dimensional reporting.
Manage GL allocations to distribute costs/revenues accurately across accounts.
with Approvals and Matching
Streamline supplier invoice approvals and payments with workflows.
Automate 3-way matching for invoices, POs, and receipts for accuracy.
Auto-generate vouchers with Evaluated Receipts Settlement, removing manual invoices.
Process cross-company payments via Shared Services to cut costs and errors.
Monitor customer balances in real-time with dashboards for credit control.
Automate self-billing for automotive customers and enable retro-billing.
Share credit limits across units and trigger dunning for overdue payments.
Track credit issues, set alerts, and apply multi-level dunning for collections.
Integrate incoming bank files with e-statements or lockbox.
Automate bank statement allocations to quickly identify exceptions.
Support supplier/customer payments in multiple formats.
Connect with banks via custom drivers for seamless statements and payments.
What-If Simulations
Deliver real-time analytics and dashboards for executives and managers.
Run what-if simulations with multi-layer accounting for strategy planning.
Track actual vs. planned costs, budgets, and profitability for control.
Visualize KPIs via role-based dashboards and drill down into data.
Build single or multi-entity budgets quickly using prior-year data.
Compare actuals, budgets, and forecasts to ensure targets stay on course.
Compare actuals, budgets, and forecasts to ensure targets stay on course.
Integrate budgets seamlessly with report writers for efficient reporting.
your company’s fixed assets lifecycle.
Manage asset acquisition, transfers, revaluation, and disposal with audit trails.
Automate depreciation using methods compliant with local and global standards.
Track asset location, condition, and maintenance to extend lifespan.
Integrate with GL and tax for seamless reporting and compliance.
Manage multiple accounting layers and charts for jurisdictional reporting.
Automate tax calculations and reporting with Avatax to cut manual effort.
Handle global tax types—sales, VAT, suspended, delayed, and withholding.
Support multi-currency reporting and comply with regional accounting standards.
Lasko, a heater and fan manufacturer, upgrades to the latest QAD ERP version, achieving more efficient inventory management, financials and reporting.
Aesica Pharmaceuticals, the Italian division of Aesica Ltd (UK), upgraded their QAD ERP solution while meeting an accelerated serialization regulation deadline.
Frequently Asked Questions
QAD Financials supports multi-entity tax reporting, audit-ready financial processes, and configurable workflows to ensure compliance across diverse regions.
Yes, QAD Financials manages multi-currency transactions and complies with local tax mandates across over 60 countries via seamless integration with QAD Internationalization.
Absolutely. QAD Financials scales effortlessly with expanding operations, multi-entity structures, and evolving regulatory requirements to future-proof your finance function.
Integration with Process Intelligence delivers real-time visibility into AP workflows, flags anomalies, and optimizes invoice processing to reduce errors and improve cash flow.
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