About UNIT4 Financials

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 ...


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Supported Operating System(s):

Windows 7, Windows Vista, Windows XP, Mac OS, Linux, AIX, IBM OS/400, Web browser (OS agnostic), Windows 2000

7 Reviews of UNIT4 Financials

Average User Ratings

Overall

4.43 / 5 stars

Ease-of-use

4.0

Value for money

4.0

Customer support

4.5

Functionality

4.0

Ratings Snapshot

5 stars

(3)

3

4 stars

(3)

3

3 stars

(1)

1

2 stars

(0)

0

1 stars

(0)

0

Likelihood to Recommend

Not likely

Very likely

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Showing 1 - 7 of 7 results

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March 2019

Nicholas from Cultural Care, Inc.

Verified Reviewer

Company Size: 201-500 employees

Industry: Accounting

Time Used: More than 2 years

Review Source: Capterra


Ease-of-use

5.0

Value for money

3.0

Customer support

5.0

Functionality

5.0

March 2019

A good universal accounting system

Pros

We like the development of new and added features over the years. It is also a fairly easy system to teach someone how to use and users can explore things on their own.

Cons

It can be hard to get reports out of the system sometimes.

December 2019

Lauren from MAP International

Verified Reviewer

Company Size: 11-50 employees

Industry: Non-Profit Organization Management

Time Used: More than 2 years

Review Source: Capterra


Ease-of-use

4.0

Functionality

4.0

December 2019

Unit4 is great for travel expenses - especially the app!

Overall, I'm a fan on Unit4. Their upgrade changed things for my workload and allowed me to be more efficient, timely, and error-free. Their upload process changes how I work with my supervisor's requests for travel expenses.

Pros

We use Unit4 Financials for our expense reporting. They got a significant upgrade a year or so ago which made dramatic improvements to their app and web functioning. It is now very easy to use the app to take pictures of your expenses and upload them. Since I do expenses for my supervisor who travels A TON, she is able to upload her receipts and add a description. Unless the receipts come in an email, my workload has been significantly cut down. She was sending them to me by mail previously, which made the time on her end and on my financial team longer. The app improvement led to ease across my organization.

Cons

You have to have someone on your end who is really diligent and skilled in their background processes to run this product on the back end. We have been flooded with errors and downtime when updates come out or when new employees come on board. I have been using it for years so I understand how it works but new employees don't necessarily like the functionality and have seen easier to use products.

September 2017

Deb from Bluffton university

Verified Reviewer

Company Size: 201-500 employees

Industry: Primary/Secondary Education

Time Used: More than 2 years

Review Source


Ease-of-use

3.0

Value for money

4.0

Customer support

4.0

Functionality

3.0

September 2017

Unit 4 financials for the smaller business

Good for the price!

Pros

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.

Cons

You do have to know accounting as everything is not just "ill in the blank, like you would on a tax program.

August 2018

Melissa from Funeral Directors Life Insurance Company

Verified Reviewer

Company Size: 201-500 employees

Industry: Insurance

Time Used: More than 2 years

Review Source: Capterra


Ease-of-use

4.0

Value for money

4.0

Customer support

4.0

Functionality

4.0

August 2018

Unit4 Financials Review

Overall, we are pleased with Unit4 Financials. It has provided efficiencies to our financial reporting process.

Pros

I love the element structure, and the ability to receive imports from our Insurance system. It gives us the ability to sub-analyze and report in all the ways that are necessary and valuable to our company.

Cons

We are currently stuck in Version 12. For the past couple of months, we have been attempting to upgrade to Version 14. However, that version of Unit 4 Financials is not compatible with the IBM system we are on. It is concerning that this wasn't thoroughly tested and resolved before release, and the amount of time it is taking to remedy the situation is disappointing.

Response from Unit4

Replied September 2018

Thanks Melissa for taking time to review Unit4 Financials! Feedback like yours helps us better understand our customers' experiences and guides us as we strive to improve our software. Thank you!

August 2018

Alan from Ambac Assurance

Verified Reviewer

Company Size: 51-200 employees

Industry: Insurance

Time Used: More than 2 years

Review Source: Capterra


Ease-of-use

4.0

Value for money

5.0

Customer support

5.0

Functionality

4.0

August 2018

Unit 4 Financials

We have used Unit4Financials for 24 years so we are obviously happy with it

Pros

Unit 4 Financials gives Finance users and Administrators an edge on other systems based on features and system design . It is well written and designed and their support in A-1

Cons

Some old features like maintaining Hierarchies need updating and may not be needed in today's design. Also the Client Server piece was removed in version 14 and many AP users prefer that to the web and it does have functionality that the web version does not . Feel free to contact me if needed for this

Response from Unit4

Replied September 2018

Thanks Alan for your effort in reviewing Unit4 Financials and for your longtime loyalty to our software. We look forward to continuing to work with you!

April 2014

Debbie from Midland Cogeneration Venture

Verified Reviewer

Industry: Oil & Energy

Time Used: Free Trial


Ease-of-use

4.0

Customer support

4.5

Functionality

4.5

April 2014

CODA Review

Pros

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.

Cons

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.

May 2014

Alan from Ambac Assurance

Verified Reviewer

Industry: Insurance

Time Used: Free Trial


Ease-of-use

4.0

Customer support

4.5

Functionality

4.0

May 2014

CODA Review

Pros

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.

Cons

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.