“QAD’s acquisition of Precision Software will help its clients tackle the triple challenge most manufacturers face today: increased freight and fuel costs, the continued move to low-cost country sourcing, and tighter cross-border regulations. Precision Software brings with it a long track record for trade compliance and transportation management to help QAD customers succeed in these increasingly important areas of their business.”
Beth Enslow
Senior Vice President of Enterprise Research
Aberdeen Group
“As highlighted in our recently published Transportation Management Systems (TMS) Worldwide Market Outlook study, there is significant pent-up demand for TMS solutions among ERP customers. Rising transportation costs (particularly in the form of fuel surcharges) and shrinking order-to-delivery cycle times are forcing manufacturers to streamline and automate their transportation processes. Precision Software differentiated itself in the market with its parcel shipping and global trade management capabilities, two areas that are gaining importance among shippers. This acquisition enables Precision Software to expand its addressable market and development efforts, while QAD gains a solution with strong growth potential and customer demand.”
Adrian Gonzalez
Director, Logistics Executive Council
ARC Advisory Group
Market Alert - QAD Acquires Precision Software
ARC Advisory Group - QAD Acquires Precision Software and Creates Global Strength in Transportation Management Systems
AMR Research - QAD’s Global Trade Management Gets Some Precision
Public Relations Contact:
John Sawyer
303-290-7341
xjs@qad.com
