New QAD BPM Solution Free for QAD Customers on Maintenance
SANTA BARBARA, Calif.--(BUSINESS WIRE)-- QAD Inc. (NASDAQ:QADA) (NASDAQ:QADB), a leading provider of enterprise software and services for global manufacturers, today announced QAD Business Process Management (BPM) solution fully integrated with Enterprise Applications.
Free to customers on QAD maintenance for QAD Enterprise Edition (QAD EE) or Standard Edition (QAD SE) solutions, QAD BPM offers enterprises a faster, better and more intelligent way to visualize and automate business processes. QAD BPM empowers organizations to identify and follow conditional decision points throughout the business process. With QAD BPM, companies gain greater visibility across the entire organization to identify and optimize end-to-end performance.
Delivering much more than a workflow solution, QAD BPM is helping customers to drive enterprise performance, operational excellence and build business process agility into their organizations. QAD BPM is a combination of management practices, policies, metrics and software tools designed to help organizations document, automate, manage, analyze and improve processes.
QAD BPM can help organizations become more agile in a number of ways:
Achieving Compliance and Innovation on a Daily Basis with QAD BPM
Keeping up with complex compliance, regulatory, and corporate governance requirements can be very costly and time-consuming. Using QAD BPM, organizations can help keep these costs under control.
“In today's real-time business environment, organizations need to be prepared to transform challenges into opportunities that align with their strategic goals,” said Bill Keese, SVP research and development at QAD. “QAD BPM helps customers identify and take action on unforeseen opportunities that were previously siloed in day to day operational processes. By harnessing the power of BPM technology as a competitive advantage, your entire enterprise can become a more agile, effective enterprise.”
For more information on QAD BPM and QAD Enterprise Applications, visit www.qad.com.
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 applications 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: 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.
Source: QAD Inc.