Unit4 Financials (formerly Coda Financials) is a cloud-based accounting and financial management solution for public sectors, real estate, education, professional service, financial services and wholesale providers. It includes general ledger, accounts payable and receivable, fixed assets, budgeting, project accounting and spend management. The solution is multi-lingual and multi-currency.
Unit4 Financials enables organizations to automate financial processes and manage compliance as well as corporate governance. The solution uses real-time data to provide visibility into company’s financial position which further helps in decision making. It also offers revenue analysis, account reconciliation and statement processing.
Unit4 Financials enables businesses to integrate the solution with their existing system and allows them to view financial data through a web browser. It also allows users to create a personalized portal, system layout and dashboard to meet the specific requirements. Support is offered to all the customers through an online support portal.
Deb from Bluffton university
Employees number: 201-500 employees
Good for the price!
I like that this software is easy to use. It is best suited for a small business. You can filter out the pieces that you need quite easily.
You do have to know accounting as everything is not just "ill in the blank, like you would on a tax program.
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.