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QAD Announces the Release of QAD TMS 2017

Latest version adds new functionality around user roles and local device access as well as a new Freight Bill Audit and Pay module

SANTA BARBARA, Calif.--(BUSINESS WIRE)--Jul. 19, 2017-- QAD Inc. (Nasdaq:QADA) (Nasdaq:QADB), a leading provider of enterprise business software and services for global manufacturing companies, announced today the availability of QAD TMS 2017, the latest version of the integrated transportation management suite.

“This latest release continues the evolution of the QAD TMS suite, helping customers effectively meet their transportation, global trade and supply chain management requirements across the enterprise and throughout their supply chain,” said QAD Chief Marketing Officer, Carter Lloyds.

Key New Benefits:

  • The Effective User
  • Freight Bill Audit & Pay
  • Local device access

QAD TMS 2017 Details

The Effective User – This release introduces the idea of the Effective User, where all users are working at maximum efficiency and are perfectly aligned with the company’s goals. Thirteen user roles, grouped in three categories, allow users to tailor the software to meet the specific needs of their position. Upon login, a user is presented with role-specific features and navigation has been overhauled to support role-based access. Users can maintain favorites, easily search for features and select their own home page.

Freight Bill Audit & Pay – Freight Bill Audit & Pay (FBAP) was designed to help manage the review and payment process of invoices from carriers. It matches the invoice charges with estimates made at the time of shipping. These estimates may have been generated by QAD TMS during shipment execution or by other systems and loaded into QAD TMS. This solution identifies discrepancies that fall outside of allowed tolerances and raises an exception. These exceptions can be accepted or challenged. When invoices are approved they can be released to other systems for payment.

Local Device Access – The QAD TMS application may need to connect from a supported browser to attached weighing scales and/or to send labels and documents to printers that are available locally, but not necessarily available to the application servers. In previous releases, this was achieved through the use of applets. However, for security reasons the browser vendors are removing support for applets. This release allows the QAD TMS solution to make these connections without using applets.

About QAD – The Effective Enterprise

QAD Inc. (Nasdaq:QADA) (Nasdaq:QADB) is a leading provider of enterprise software and services designed for global manufacturing companies. For more than 35 years, QAD has provided global manufacturing companies with QAD Enterprise Applications, an enterprise resource planning (ERP) system that supports operational requirements, including financials, manufacturing, demand and supply chain planning, customer management, business intelligence and business process management. QAD Enterprise Applications is offered in flexible deployment models in the cloud, on-premise or in a blended environment. With QAD, customers and partners in the automotive, consumer products, food and beverage, high technology, industrial products and life sciences industries can better align daily operations with their strategic goals to meet their vision of becoming more Effective Enterprises.

For more information about QAD, call +1 805-566-6000, visit 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: This press release contains certain forward-looking statements made under the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding projections of revenue, income and loss, capital expenditures, plans and objectives of management regarding the Company’s business, future economic performance or any of the assumptions underlying or relating to any of the foregoing. Forward-looking statements are based on the company’s current expectations. Words such as “expects,” “believes,” “anticipates,” “could,” “will likely result,” “estimates,” “intends,” “may,” “projects,” “should,” “would,” “might,” “plan” and variations of these words and similar expressions are intended to identify these forward-looking statements. 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: risks associated with our cloud service offerings, such as defects and disruptions in our services, our ability to properly manage our cloud service offerings, our reliance on third-party hosting and other service providers, and our exposure to liability and loss from security breaches; demand for the company's products, including cloud service, licenses, services and maintenance; pressure to make concessions on our pricing and changes in our pricing models; protection of our intellectual property; dependence on third-party suppliers and other third-party relationships, such as sales, services and marketing channels; changes in our revenue, earnings, operating expenses and margins; the reliability of our financial forecasts and estimates of the costs and benefits of transactions; the ability to leverage changes in technology; defects in our software products and services; third-party opinions about the company; competition in our industry; the ability to recruit and retain key personnel; delays in sales; timely and effective integration of newly acquired businesses; economic conditions in our vertical markets and worldwide; exchange rate fluctuations; and the global political environment. For a more detailed description of the risk factors associated with the company and factors that may affect our forward-looking statements, please refer to the company's latest Annual Report on Form 10-K and, in particular, the section entitled “Risk Factors” therein, and in other periodic reports the company files with the Securities and Exchange Commission thereafter. Management does not undertake to update these forward-looking statements except as required by law.

Source: QAD Inc.

QAD Inc.
Scott Matulis
Public Relations
818-451-8918
publicrelations@qad.com
or
Evan Quinn
Analyst Relations
617-869-7335
industryanalyst@qad.com