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QAD Enterprise Applications 2008: The Enhanced Enterprise Financials edition. MFG/PRO Gebruikersvereniging Optimaliseer uw financiële processen: 3 oktober 2007 René Bergkamp, QAD. Agenda. What is QAD 2008 Enhanced Enterprise Financials Quick preview Enhancements other than Financials

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Qad enterprise applications 2008 the enhanced enterprise financials edition

QAD Enterprise Applications 2008: The Enhanced Enterprise Financials edition

MFG/PRO Gebruikersvereniging

Optimaliseer uw financiële processen: 3 oktober 2007

René Bergkamp, QAD


Agenda
Agenda

  • What is QAD 2008

  • Enhanced Enterprise Financials

  • Quick preview

  • Enhancements other than Financials

  • Status QAD 2008

  • Questions


Value day qad enterprise applications 2008
Value Day QAD Enterprise Applications 2008

  • Planned for December 4, 2007

  • Location to be determined


Qad enterprise applications 2008

3

QAD Enterprise Applications 2008

  • Formally known as MFG/PRO eB3

  • Next step after moving to the Global Enterprise

  • Major Upgrade in MFG/PRO Financials:

    • Powerful

    • Efficient

    • Flexible

    • Global

  • Improve Internal Controls

    • Segregation of Duties and Access Control

    • Role based security

  • Tight integration of QAD Product Portfolio

  • Major Change in Internationalization Approach

  • Long list of new functionality in other areas


Qad enterprise applications 2008 focus

Usability: Focus on Human Engineering

Enhanced Enterprise Financials

New Customer Management Features

New Capabilities in Distribution / Manufacturing

Centralization / Standardization / Shared Services

Single code base for Internationalization

Internal Controls - Corporate Governance

QAD Enterprise Applications 2008 Focus


Qad 2007 eb2 1 centralize and give power to the users
QAD 2007 (eB2.1)Centralize and give power to the users

Remote ERP

Database

Plant 4

Share Master Data

Transactions (EMT/DRP)

Consolidate


Qad 2008 global financials and financial shared services
QAD 2008Global Financials and Financial Shared Services

Remote ERP

Database

Plant 4

Share Master Data

Transactions (EMT/DRP)

Consolidate


Enhanced enterprise financials
Enhanced Enterprise Financials

  • Focus on efficiency and usability:

    • Based on Lean concepts

  • Corporate Management Reporting:

    • Multi-GAAP reporting

    • System wide Management Currency

  • Budgeting

  • Financial Shared Services

  • Allocation Module

  • Workflow

  • Document Management

  • New Service Oriented Architecture:

    • Tailor the system to your unique requirements


Management information
Management Information

  • More, faster and better:

    • Additional Management Currency(second “base” currency)

    • Report in Multiple Chart of Accounts

    • Multiple accounting layers allow for multi-GAAP reporting


Qad 2008 multiple base currencies
QAD 2008 Multiple Base Currencies

  • Dual Base Currency: Transaction amounts always stored in transaction currency, base currency and company management currency

For example:

Customer invoices

In GBP (transaction)

In EUR (base)

In USD (management)

For example, a German company keeps its books in EUR, reports into a US mother company and receives an invoice from a UK supplier



Gl analytical coding segments

Layer

SAF’s

SAF’s

SAF’s

SAF’s

SAF’s

Intercompany key

Up to 5 supplementary analysis fields on a posting line

Open item key

  • can automatically retrieve SAF data from Operational transactions

    • Site

    • Product Line

    • Region (Customer)

    • Customer Type

    • Supplier Type

    • Item Type

    • Item Group

GL Analytical coding segments

Entity

Yr/Pd

Daybook

Account

Sub-Account

Cost Center

Project


Improved productivity electronic import of bank statements
Improved Productivity: Electronic Import of Bank Statements

  • Supports multiple formats


Workflow
Workflow

  • Introduces Workflow for Financials


Document management
Document Management

  • Link scanned documents or any kind of file directly to any document in Financials


Financial shared services
Financial Shared Services

  • Save costs and improve standardization using Financial Shared Services between Domains

  • Sharing of chart of accounts and other key master data

  • Workflow to move documents between roles

  • Link to document management, to store electronic version of paper documents such as invoices

  • Cross-company AR and AP Payments

  • Scan Daemon:

    • Automatic import of scanned documents

    • Routing of documents for data entry and approval


Budgeting
Budgeting

  • Better control of budgets because of extensive budgeting functionality

  • Supports multiple versions of budgets

  • Supports multi-levelbudgeting and actuals coming from multiple companies


Allocation module
Allocation Module

  • Distribute costs and revenues to appropriate accounts, sub-accounts, cost centers and projects

  • Supports recursive allocations

    • Reuse result of previous allocation run as input for the next

  • Validate results of allocation run before final posting


Complete configurability of screens
Complete Configurability of Screens

  • Add, Move and Delete fields

  • Change columns, sorting and layout for user, role or system


Easy customization
Easy Customization

  • Built in provisions:

    • Each table in Financials has 35 free user defined fields that can be added to any screen without requiring any customization

    • Special customization layer in the architecture

    • Easy connection to any in- or outside system using industry standard interfacing methods such as Web-services


Xls and xml import export
XLS and XML Import / Export

  • Eg.: XLS for maintenance of COA, customers, suppliers, budgets

  • Eg.: XLS for transaction entry of journal entries

  • Eg.: XML for automated upload of exchange rates


Internal controls compliance in qad 2008
Internal Controls / Compliance in QAD 2008

  • New functionality to improve Internal Controls :

    • Segregation of Duties and Access Control

    • User Update Restrictions

    • Customer/Supplier Transaction Blocking

    • Credit Management Controls

    • Debit/Credit Separation in Subledgers

  • Integration of selected European Accounting functionality:

    • Correction Invoices

  • Several built-in provisions for easier compliance

    • Accounting periods control, closing procedures

    • Accounting layers

    • System controls

  • Auditing


Role based user interface security
Role Based User Interface/Security

  • Define Roles and Permissions

  • Segregation of Duties:

    • Define conflicting roles

  • User Interface depending on Role


Segregation of duties

User

Conflicts

  • Role A

  • Access right

  • Access right

  • ….

  • Role B

  • Access right

  • Access right

  • ….

Segregation of Duties

  • Objective

    • Limit the duties of individuals to certain areas of responsibility

    • Minimize the ability of any individual to misappropriate company property – without collusion between individuals

  • Specify roles that are conflicting from a segregation of duties perspective

  • Identify users that have any access rights that are part of conflicting roles


Internationalization
Internationalization

Single Code Base

Serve many global business

Save Cost

Support Shared Services


QAD 2008

Sneak Preview


Enhancements in qad 2008 include
Enhancements in QAD 2008 include:

  • Distribution

    • Item Replacement, Up-Sell, Cross-Sell

    • Memo type defaulting

    • Correction invoices

    • Customer / Supplier Transaction Blocking

Item up-sell proposal during Sales Order Entry


Enhancements in qad 2008 include1
Enhancements in QAD 2008 include:

  • Manufacturing

    • Product Change Control

    • Obsolete Inventory

  • Customer Services

    • Pending Calls

    • Installed Base Hierarchy

  • EDI Ecommerce

    • New document types in standard product

Obsolete Inventory Analysis Report


Enhancements in qad 2008 include2
Enhancements in QAD 2008 include:

  • Release Management (Scheduled Orders Mgt)

    • Required Ship Schedule Netting Logic

    • Calendars for Scheduling Customer Shipments

    • Subcontracting Visibility

    • Supplier Scheduling enhancements & controls

    • Trade Sales (PRO/PLUS)

Replace product Lines wherever they are referenced


Enhancements in qad 2008 include3
Enhancements in QAD 2008 include:

  • Miscellaneous

    • Product Line Realignment

    • User Update Restrictions

    • Record Viewers for customer, supplier, purchase order, sales order, RMA and work order

    • Support for Unicode


Status qad 2008
Status QAD 2008

  • Early Adopter release available

  • GA release expected Q1/Q2 of 2008



Early adopter customers1
Early Adopter customers

  • Early Adopter customers in 3 regions

    • US (2)

    • EMEA (3)

    • APAC (1 - subsidiary)

  • Early Adopter customers in 3 verticals

    • Life Sciences (1)

    • Electronics (2)

    • Industrial (2)


Working on next round of implementations
Working on next round of implementations

  • Early Success program

  • 10 selected customers in EMEA, US and AP

  • One candidate in the Netherlands

  • Objectives:

    • Based on implementation experiences built up with early adopter presentations, quickly increase the number of QAD 2008 customers before announcing the product GA

    • Second round of training of QAD Services and partners, becoming ready for widespread implementation


Questions
Questions?

Value Day

December 4, 2007


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