Financial Management for QAD Adaptive ERP
Financial Management Modules
The QAD Adaptive ERP financials suite is available in two editions, Enterprise Financials and Standard Financials. Both editions provide comprehensive controls and capabilities needed to support global financial reporting and disclosure. With these processes built into the software, manufacturers can focus on their business, not their software.
QAD Standard Financials
QAD Standard Financials solution is a seamlessly integrated financial solution that addresses the typical needs of globally operated manufacturing companies. It allows manufacturers to gain important benefits by streamlining financial processes from planning, to recording, to reporting, and complying.
QAD Enterprise Financials
QAD Enterprise Financials addresses more complex regulatory requirements, stricter segregation of duties, and more controls as required by larger, more complex enterprises. Enterprise Financials includes sophisticated budget modeling capabilities, advanced reporting, multiple reporting layers that simplify complex Multi-GAAP reporting requirements and enhanced audit capabilities.
- Drive efficient processes: Supports both shared services and local autonomy
- Streamline regulatory reporting: Built in support for compliance requirements
- Increase efficiency: Includes eliminations, consolidations and GL allocations
- Improve visibility: Provides insight into operations around the world
Governance, Risk & Compliance
Provides tools and controls to help companies comply with regulations such as Sarbanes-Oxley (SOX) or the Japanese version, J‑SOX.
Provides a powerful tool to generate daily, monthly, quarterly and annual corporate and governmental reports. The extensive reporting features provide maximum flexibility and operational efficiency.
Supports both U.S. GAAP and IFRS, the need for simple yet powerful financial applications increases. Supports adherence to local and regional reporting requirements simultaneously in many jurisdictions, and the ability to transact and report in any currency.
Provides for the efficient management of the organization’s cash flow. It automates the processing of payments using electronic banking, as well as electronic import and balancing of bank statements. Banking/Cash Management projects future cash positions, based on expected cash sources and cash uses
Monitors customer balances, supports credit management, produces statements and aging reports, and records customer payments, including electronic funds forwarding.
Features a powerful set of budgeting and modeling tools, allowing planning for multiple companies, and multiple level budget roll-ups, with drill down for detailed analysis
Streamlines the payables process, manages supplier accounts, monitors outstanding payables, manages electronic fund transfers and automates the processing of payments to suppliers.
Provides powerful financial analysis to determine the overall state of the business. It ensures that everyone from C‑level executives to line-of-business managers has the best information available to make critical business decisions confidently.