QAD India Wins Award for Best Innovative Employee Development Practice of the Year by HRIA

SANTA BARBARA, Calif., May 23, 2019 /PRNewswire/ -- QAD Inc. (Nasdaq: QADA) (Nasdaq: QADB), a leading provider of flexible, cloud-based enterprise software and services for global manufacturing companies, today announced that QAD India has won an award for Best Innovative Employee Development Practice of the Year by HR Infotech Association (HRIA); an influential Human Resources organization in India.

"We are excited to win this award in such an important market with our innovative approach to how people build their careers," said QAD Senior VP and Chief People Officer Kaye Swanson. "Our employees are our most important assets, and the level of people we've been able to hire and develop in India has been remarkable. This award validates QAD's belief that if you build innovative processes where people have more control over their career and development, and where their managers are deeply involved throughout the employee lifecycle, ultimately everyone wins."  

The HR Infotech Association (HRIA) is an Indian not-for-profit organization for HR professionals in the Information Technology industry that promotes HR practices in the Indian IT sector. It has hosted over 200 events since 1995, giving more than 75,000 human resource professional attendees a platform to share and learn the practical approach to a variety of IT industry human resources issues. This year, the HRIA Mumbai Chapter introduced HR Excellence Awards for two categories; Best Innovative Employee Development Practice of the Year and Best Out of the Box HR Practice. QAD was considered for the first category.

QAD India was recognized for its employee development approach, an employee-connect process that begins when an employee is hired and focuses on development through coaching and mentorship. When QAD interviews a prospective employee, hiring managers evaluate that prospective employee on a variety of attributes including work style, culture, fit, career plans, current competencies and behavior traits. All QAD hiring managers are well-versed in QAD's culture, strategy and vision, and communicate these with candidates while discussing expectations and career goals.

When a candidate is hired, they are assigned a mentor whose job is to guide them through their first 60 days of employment. This initial period includes training in soft skills, certification courses, and a wide range of development through feedback from other employees and managers. A yearly employee survey solicits input on important topics with results being incorporated into the ongoing employee development program.

Anand Dhruv, president of HRIA Mumbai Chapter, presented the award to QAD India Human Resources Manager Rupali Mahadik during an award ceremony on March 29, 2019.

"We are impressed with QAD's innovative practices around employee development," said Dhruv. "We appreciate their contribution toward employee Talent Management practices, specifically, the First 60 Days program, and the Buddy Initiative. Our judges also appreciated QAD's practice of HR Business Partners and Hiring Managers jointly discussing candidates' expectations and cultural fit before being hired. We value our association with QAD and offer sincere congratulations on this award." 

Based in Santa Barbara, California, QAD provides enterprise resource planning (ERP) software and services for global manufacturing companies across the automotive, life sciences, consumer products, food and beverage, high technology and industrial manufacturing industries. Its India office in Mumbai was founded in October 2005 and was recently expanded to help service the increasingly important Asia Pacific market, and especially India's rapidly-growing automotive industry.

About QAD – The Effective Enterprise

QAD Inc. (Nasdaq: QADA) (Nasdaq: QADB) is a leading provider of flexible, cloud-based enterprise software and services for global manufacturing companies. QAD Cloud ERP for manufacturing supports operational requirements in the areas of financials, customer management, supply chain, manufacturing, service and support, analytics, business process management and integration. QAD's portfolio includes related solutions for quality management software, supply chain management software, transportation management software and B2B interoperability. Since 1979, QAD solutions have enabled customers in the automotive, consumer products, food and beverage, high tech, industrial manufacturing, and life sciences industries to better align operations with their strategic goals to become Effective Enterprises.

To learn more, visit www.qad.com or call +1 805-566-6000.

"QAD" is a registered trademark of QAD Inc. All other products or company names herein may be trademarks of their respective owners. 

Contacts:
QAD Inc.
Scott Matulis
Public Relations
818-451-8918
[email protected]
or
Evan Quinn
Analyst Relations
617-869-7335
[email protected]

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.

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