UNIT4 - Coda Financials

Coda Financials is a best-of-class financial management application created from the ground up as a dedicated financial software solution and designed to integrate easily with your other business systems without impacting them.

Coda Financials’ LINK™ architecture sets it apart from ordinary accounting systems by providing a financial information backbone for companies with fast-changing and mixed application environments. It is a global accounting solution for mid-to large sized organisations, offering a ‘no compromise’ approach to financial modelling, process control and application choice.

Unlike modular systems Coda Financials holds the various ledgers for your business within one combined database, streamlining processes whilst ensuring consistent, accurate and current data. Designed to support businesses regardless of the scale or complexity of requirements it delivers all the multi-currency, multi-language, multi-country capabilities that you need as well as the most flexible chart of accounts on the market.

Features

• Unified ledger.
• Flexible chart of accounts.
• Easily customised user interfaces – screens and entry forms can mirror existing company systems and styles.
• Range of deployment options.
• Designed to slot into existing business systems, integrating with other best-of-class applications.

Benefits

• Streamlines processes and ensures consistent accurate and current data.
• Data can be structured exactly as needed and is immediately available at any level for analysis.
• Changes to the system can be easily managed centrally.
• Familiarity and ease of use for operators helps improve efficiency.
• ‘No compromise’ for finance executives on choice of application.

Coda Financials at a glance

• Accounting - As the original single-ledger, global accounting solution, Coda Financials is a modern and multi-everything accounting system for even the most diverse or complex enterprise requirements.

• Spend Management - Coda Financials’ end-to-end spend management helps a company establish controls and consolidate purchasing activity, and positions it to leverage the full buying power of the organisation.

• Consolidation & Cash Management - Our best-of-class solutions for multi-company and international organizations deliver group accounting, statutory reporting, intercompany netting and cash planning more quickly, simply and consistently.

• Budgeting, Planning & Forecasting - We’ve combined the flexibility of our financial model with the familiarity and convenience of Microsoft® Excel®, to streamline the seeding, preparation, fine-tuning and production of budgets.

• Reporting & Business Intelligence - The vital foundation of a robust, flexible information model and a full array of reporting and BI tools to help all your different users report on, model and analyze your business – in the ways that they need.

• Process & Control Automation - Our CODA Link architecture includes a powerful control management framework, tying other systems, manual processes and authorizations into one visible and auditable process flow.

• Integration & Web Services - Companies can no longer compromise – they need great operational applications and great financial systems. This best-of-class integration approach has been a hallmark of Coda Financials from its very beginnings.

• Coda Link™ Architecture - The Coda Link™ integration architecture is second to none, using modern techniques such as web services and XML to provide secure, real-time integration to your other operational systems.

• Supported Platforms & Languages - Coda Financials co-exists with other applications, without imposing a particular technology or architecture. It also enables simultaneous multi-lingual access to the same, single finance system.

Case Studies

 Debenhams - Debenhams has a complex accounting structure and when the company made the decision to replace their ageing finance system with new financials, procurement and invoice matching applications, it was vital that they choose a system that could grow with them, and cope with the constant introduction of new stores to the accounts structure as well as a huge volume of transactions every day.  CODA Financials from UNIT4 now supports the entire finance operation from a single location, with EPoS, Payroll, and Invoice Matching systems all integrated with the latest version.  Download the Case Study here.

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