CODA and Salesforce.com Announce New CODA 2go Enterprise Accounting System Built on the Force.com On-Demand Platform

 

17 September 2007

  • Customers will be able to run powerful accounting system from Europe’s leading financial systems provider entirely on salesforce.com’s platform-as-a-service

CODA Group [CODA: AIM], the global finance systems specialist, and salesforce.com, [NYSE: CRM] the market and technology leader in on-demand business services, today announced a strategic alliance that will see CODA develop the first on-demand financial system built natively on salesforce.com’s Force.com on-demand platform. CODA’s new service, CODA 2go, will offer companies of all sizes a real-time, global finance system on demand. The alliance was announced today at Dreamforce ‘07, salesforce.com’s User and Developer Conference in San Francisco.

“CODA’s on-demand financial system showcases the power of the Force.com platform for building and delivering any kind of application on-demand,” said George Hu, Chief Marketing Officer, salesforce.com. “We share a common vision with CODA to enable customers to manage and share all of their business information entirely on-demand.”

“Software as a Service is a logical extension of CODA’s ‘open platform’ commitment. Delivering CODA 2go on salesforce.com’s Force.com platform will allow CODA to offer our product portfolio to a far wider range of businesses,” said Jeremy Roche, CEO of CODA.  “CODA 2go is a powerful unified ledger accounting system that addresses the needs of organizations from tens of employees to tens of thousands. Good financial control matters to big and small organizations alike, and we believe CODA 2go will bring to finance what Salesforce has to CRM – delivering enterprise strength capabilities to the whole market on demand.”

CODA’s long established strategy is to provide solutions for CFOs and their finance teams in organisations of all sizes, to meet the business challenges of their finance function, what ever they may be.

The first release of CODA 2go is expected for delivery during early 2008, and will address revenue management, including creating and managing sales orders, generating invoices, posting cash and cash management. The service will then be quickly expanded to cover procurement and the full range of financial management activities.

CODA also unveiled an integration application, CODA Integrator for salesforce.com, to allow users of salesforce.com’s Force.com platform and CRM applications to interact with CODA’s current enterprise accounting system, Financials, creating an integrated front-to-back office application.

- ends -

Force.com Platform and the AppExchange
Force.com is the on-demand platform for the next generation of business applications. Force.com reinvents traditional customization and integration and enables the creation of a whole new generation of on-demand applications that go beyond client/server computing.  Force.com allows applications to be easily shared, exchanged and installed with a few simple clicks via salesforce.com's AppExchange marketplace, enabling all the innovation that Force.com unleashes to benefit the entire on-demand community.
 
The AppExchange economy continues to expand as thousands of salesforce.com customers have installed thousands of on-demand business applications available on the AppExchange, found at http://www.salesforce.com/appexchange.

About salesforce.com
Salesforce.com is the market and technology leader in on-demand business services. The company’s Salesforce suite of on-demand CRM applications allows customers to manage and share all of their sales, support, marketing and partner information on-demand. Force.com, the world’s first on-demand platform, enables customers, developers and partners to build powerful new on-demand applications that extend beyond CRM to deliver the benefits of multi-tenancy and The Business Web across the enterprise. Force.com allows applications to be easily shared, exchanged and installed with a few simple clicks via salesforce.com's AppExchange marketplace, available at http://www.salesforce.com/appexchange. Customers can also take advantage of Successforce, salesforce.com’s world-class training, support, consulting and best practices offerings.
 
As of July 31, 2007, salesforce.com manages customer information for approximately 35,300 customers including ABN AMRO, Dow Jones Newswires, Japan Post, Kaiser Permanente, KONE, Sprint Nextel, and SunTrust Banks. Any unreleased services or features referenced in this or other press releases or public statements are not currently available and may not be delivered on time or at all. Customers who purchase salesforce.com applications should make their purchase decisions based upon features that are currently available.  Salesforce.com has headquarters in San Francisco, with offices in Europe and Asia, and trades on the New York Stock Exchange under the ticker symbol "CRM". For more information please visit http://www.salesforce.com, or call 1-800-NO-SOFTWARE.

###

Copyright © 2007 salesforce.com, inc.  All rights reserved.  Salesforce.com and the "no software" logo are registered trademarks of salesforce.com, inc., and salesforce.com owns other registered and unregistered trademarks.  Other names used herein may be trademarks of their respective owners.


ABOUT UNIT4

UNIT4 is a global business software company that creates, delivers and supports adaptable business software and services globally to help dynamic organizations manage their business needs effectively. We aspire to set the global standard for business software that helps dynamic organizations to embrace change simply, quickly and cost effectively. We have a broad portfolio of solutions that address different markets, requirements, technologies and types of organization.

With offices in 13 European countries, as well 6 countries across North America, Asia Pacific and Africa and sales activities in several other countries, a revenue of €393.6 million was realized in 2008. UNIT4 is headquartered in Sliedrecht, the Netherlands. The company has around 3,450 employees.

The Group incorporates a number of the world’s leading change embracing software brands including Agresso Business World and CODA financial management software.

For services intensive organizations, the Agresso Business World ERP suite is widely acknowledged as the business software solution that delivers the lowest Total Cost of Change. This is achieved thanks to its VITA™ architecture which allows for ongoing, post-implementation changes without the typical external IT costs and services that can cost firms huge sums of money each year.

CODA, our best-of-class financials brand, offers mid- to large sized organizations around the world financial management, analysis and business process management. CODA solutions are differentiated by its LINK™ architecture that provides financial executives a ‘no compromise’ approach to application change management by allowing business systems to be added or changed and easily integrated into the most dependable enterprise financials solution on the market.

For more information, please visit: www.unit4.com


« Go Back

PR Contacts

Hilary Goodband
Group PR Manager
CODA Group International Ltd
hilary.goodband@coda.com