Unit4 Financials (formerly Coda Financials) is a suite of global accounting and broader financial management applications. These include general ledger, accounts payable and receivable, fixed assets, budgeting, project accounting and spend management. This solution is multi-lingual and multi-currency.
Financials enables organizations to streamline and automate financial processes, embed best practices and improve business visibility, compliance and corporate governance. It also gives helps companies become more agile by integrating easily with other key business systems.
Financials’ unique underlying architecture enables this agility in three ways: through a single financial model that allowing real-time changes to be made in a single ledger system; with built-in interoperability that presents all accounting functionality, business logic and financial validation as standard Web services; and by providing an end-to-end control framework that makes processes more visible, repeatable and auditable.
Alan from Ambac Assurance
It is fairly intuitive and easy to use. They genuinely seem to care about customer feedback recently, but the last few years, that seemed to go away.
I believe that the product is getting very complicated, especially on the back end, and CODA support themselves are having a hard time keeping up with it, particularly in the web version. Also, CODA seems to be charging for everything that is extra outside of the core product.
Evaluate all features you need first - and want second - and see what it costs to get them.
Debbie from Midland Cogeneration Venture
Specialty: Oil & Gas / Energy
CODA Excel is great to use. You can create your own reports for virtually any purpose or format. We now do our journal entries at month-end using CODA Excel, and it has saved a good amount of time. Also, CODA is quick to respond to any issues or questions we may have.
Most everything works great, but one thing that would be nice to have is the ability to see all error messages when posting a journal entry. We could have a 200 line entry full of errors, but we have to address each one line by line. Being able to see all errors at once would greatly improve productivity when dealing with these kinds of entries.
I would highly recommend CODA to others for its versatility and superior customer support.