CODA Hosted, Managed Finance System Selected by International Consulting Firm
Browser product enables access from all locations from a single hosted server, Allows a detailed level of analysis, Minimal input required into system set-up and maintenance
Harrogate, United Kingdom, February 24, 2007 --(PR.com)-- CODA plc, the finance systems specialist, today announced that Evolve Partners LLP has selected CODA-Financials as its new company finance system.
CODA-Financials was chosen as it meets the company’s multi-site requirements. “We wanted a flexible system that would be easy to implement across all of our locations and that could cope with the different currencies we work in,” said Martin Johnson, Group Finance Manager at Evolve. “Our previous system was not easily able to do this and consequently could not provide us with a true picture of the entire company’s performance. The old system could not provide us with output data in a useful format which left us having to spend much time manipulating the data in Excel in order to provide meaningful management information.”
CODA’s ability to support multi-national requirements in a single version of the application allows it to accommodate the multiple currencies as well as legislative and cultural differences inherent in running international companies, within the same system. An unrivalled account code structure with unlimited analysis allows CODA to cope easily with multiple corporate reporting structures, and gives ultimate flexibility. CODA-Financials will enable Evolve to account for departmental costs from marketing and IT to expenses at a Group level, breaking them down by company and project.
“As a consultancy, it is important that we can analyse the various levers of our profitability at a detailed level,” Mr Johnson continued. “We need to consider the relative contribution of each client job and to keep track of our investments in business and people development, in order to manage our profitability as effectively as possible. A hosted solution is ideal as it minimises support and maintenance requirements for us while ensuring uptime and product integrity. To have this intelligence available to us without the burden of implementing and maintaining the application and hardware ourselves, is an ideal solution.”
The agreement with CODA offers Evolve a fully hosted solution with CODA providing support services through its Managed Services team. This includes full technical and operational support such as database administration services and ongoing application tuning, and ensures the health of the hardware, minimising the chance of system downtime.
Evolve Partners LLP is a purpose-built consultancy of highly experienced, world class practitioners that helps organisations create sustainable change by empowering people to drive extraordinary business results. It has operations in the UK, the US and Trinidad and Tobago.
ABOUT CODA
CODA creates, markets and implements a complete range of software systems designed specifically to meet the needs of Financial Directors and Finance Departments. These include financial management systems, analysis applications, and business process management and control software to implement compliance solutions. Its service oriented architecture also makes CODA software easy for clients and other vendors to integrate it with their business applications.
CODA was founded in 1979, has around 550 employees working from 13 global locations, and is listed on AIM in London under the ticker “CODA”. CODA software is designed for multi-currency, multi-language, multi-country, multi-company and multi-site operations.
###
CODA-Financials was chosen as it meets the company’s multi-site requirements. “We wanted a flexible system that would be easy to implement across all of our locations and that could cope with the different currencies we work in,” said Martin Johnson, Group Finance Manager at Evolve. “Our previous system was not easily able to do this and consequently could not provide us with a true picture of the entire company’s performance. The old system could not provide us with output data in a useful format which left us having to spend much time manipulating the data in Excel in order to provide meaningful management information.”
CODA’s ability to support multi-national requirements in a single version of the application allows it to accommodate the multiple currencies as well as legislative and cultural differences inherent in running international companies, within the same system. An unrivalled account code structure with unlimited analysis allows CODA to cope easily with multiple corporate reporting structures, and gives ultimate flexibility. CODA-Financials will enable Evolve to account for departmental costs from marketing and IT to expenses at a Group level, breaking them down by company and project.
“As a consultancy, it is important that we can analyse the various levers of our profitability at a detailed level,” Mr Johnson continued. “We need to consider the relative contribution of each client job and to keep track of our investments in business and people development, in order to manage our profitability as effectively as possible. A hosted solution is ideal as it minimises support and maintenance requirements for us while ensuring uptime and product integrity. To have this intelligence available to us without the burden of implementing and maintaining the application and hardware ourselves, is an ideal solution.”
The agreement with CODA offers Evolve a fully hosted solution with CODA providing support services through its Managed Services team. This includes full technical and operational support such as database administration services and ongoing application tuning, and ensures the health of the hardware, minimising the chance of system downtime.
Evolve Partners LLP is a purpose-built consultancy of highly experienced, world class practitioners that helps organisations create sustainable change by empowering people to drive extraordinary business results. It has operations in the UK, the US and Trinidad and Tobago.
ABOUT CODA
CODA creates, markets and implements a complete range of software systems designed specifically to meet the needs of Financial Directors and Finance Departments. These include financial management systems, analysis applications, and business process management and control software to implement compliance solutions. Its service oriented architecture also makes CODA software easy for clients and other vendors to integrate it with their business applications.
CODA was founded in 1979, has around 550 employees working from 13 global locations, and is listed on AIM in London under the ticker “CODA”. CODA software is designed for multi-currency, multi-language, multi-country, multi-company and multi-site operations.
###
Contact
CODA
Emma Hoyle
44-01-423-537-977
www.coda.com
Emma Hoyle
44-01-423-537-977
www.coda.com
Contact
Categories