QAD Inc. (NASDAQ:QADA) (NASDAQ:QADB), a leading provider of enterprise software and services for global manufacturers, today announced QAD Easy On Boarding (EOB), QAD streamlined implementation methodology, is making it simpler for customers to deploy or upgrade QAD Enterprise Applications. QAD EOB is purpose built for companies seeking an industry best-practice solution with reduced effort and cost of ownership. The methodology is a scalable approach that offers pre-defined processes, predictable costs, and reduced implementation times for both small and large organizations. New and existing QAD customers are upgrading and implementing their ERP software with the new streamlined QAD EOB in as little as one month. “Companies often delay upgrading their ERP software due to concerns about high costs, organizational disruption, and other risks,” said Anton Chilton, QAD senior vice president of global services. “However when we do a detailed analysis with our customer engagement process, the outcome often shows that upgrading with QAD Easy On Boarding is affordable, fast, and reliable.” Upgrading to QAD Enterprise Applications solution with a flexible choice of deployment models helps global enterprises of all sizes support business growth. With the latest QAD Enterprise Applications release, customers gain the following:
- Greater functionality including integrated analytics, business process management, mobility, and enterprise application management to support new business requirements.
- Easier integration of new companies and divisions (including Mergers and Acquisitions).
- Simplified management for ever changing local and global compliance regulations.
- Common user experience enables greater productivity and reduces training for new employees and “non-power” users.
For larger enterprises, an expanded set of pre-defined processes and functionality are determined. This focuses on predefined processes for a specific industry in key verticals such as Automotive, Life Science, Industrial, Electrical, Consumer Products, and Food and Beverage. The same EOB content and tools are used to facilitate data definition, data migration, solution validation, and user training.For the multi-site customer, EOB is used to define the customer’s core model solution as well as being used in the distribution and deployment phases. Using process models and data definitions, the standard core model is easily defined; then using test scripts and work aids, the core model is proven and user training materials prepared. At deployment, the core model solution is rolled out to all deployment sites. At the core of the Easy On Boarding content is knowledge focused on an industry-specific solution. Consultants have pre-defined both default and optional processes that are frequently and most likely used in their target industry. Based on the processes, team training, pilot scenarios/test scripts, and user work instructions are also pre-developed. This knowledge is used to provide the solution definition, allowing the consultant to focus their effort on areas that really make a difference and add value to the customer. “QAD works with customers to evaluate and build the business case for upgrading,” said Gordon Fleming, QAD chief marketing officer. “In today’s rapidly changing global marketplace, it’s vital for manufacturing companies to utilize enterprise applications that help them become more effective--operate at peak performance—in alignment with strategic goals.” To find out how your company can benefit from an upgrade, contact QAD to arrange a customer engagement program. These include QAD Vision, QAD QScan and for a quick do-it-yourself assessment, try QAD Health Check. For more information, please visit: www.qad.com. About QAD QAD is a leading provider of enterprise applications for global manufacturing companies specializing in automotive, consumer products, electronics, food and beverage, industrial and life sciences products. QAD ERP solutions provide critical functionality for managing manufacturing resources and operations within and beyond the enterprise, enabling global manufacturers to collaborate with their customers, suppliers and partners to make and deliver the right product, at the right cost and at the right time. For more information about QAD, telephone +1 805-566-6000, or visit the QAD web site at www.qad.com. “QAD” is a registered trademark of QAD Inc. All other products or company names herein may be trademarks of their respective owners.
Note to Investors:Note to Investors: This press release contains certain forward-looking statements made under the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Words such as “expects”, “believes”, “anticipates”, “could”, “will likely result”, “estimates”, “intends”, “may”, “projects”, “should”, and variations of these words and similar expressions are intended to identify these forward looking statements. Forward-looking statements are based on the company’s current expectations and assumptions regarding its business, the economy and future conditions. A number of risks and uncertainties could cause actual results to differ materially from those in the forward-looking statements. These risks include, but are not limited to, evolving demand for the company's software products and products that operate with the company's products; the company's ability to sustain license and service demand; the company's ability to leverage changes in technology; the company's ability to sustain customer renewal rates at current levels; the publication of opinions by industry and financial analysts about the company, its products and technology; the reliability of estimates of transaction and integration costs and benefits; the entry of new competitors or new offerings by existing competitors and the associated announcement of new products and technological advances by them; delays in localizing the company's products for new or existing markets; the ability to recruit and retain key personnel; delays in sales as a result of lengthy sales cycles; changes in operating expenses, pricing, timing of new product releases, the method of product distribution or product mix; timely and effective integration of newly acquired businesses; general economic conditions; exchange rate fluctuations; and, the global political environment. In addition, revenue and earnings in the enterprise resource planning (ERP) software industry are subject to fluctuations. Software license revenue, in particular, is subject to variability with a significant proportion of revenue earned in the last month of each quarter. Given the high margins associated with license revenue, modest fluctuations can have a substantial impact on net income. Investors should not use any one quarter's results as a benchmark for future performance. For a more detailed description of the risk factors associated with the company and the industries in which it operates, please refer to the company's Annual Report on Form 10-K for fiscal 2012 ended January 31, 2012, and in particular, the section entitled “Risk Factors” therein, and in other periodic reports the company files with the Securities and Exchange Commission.