Puneet Varma (Editor)

CODA (company)

Updated on
Edit
Like
Comment
Share on FacebookTweet on TwitterShare on LinkedInShare on Reddit
Type
  
Public limited company

Products
  
Business software

Industry
  
Software

Founded
  
1979

Revenue
  
£41.72 million GBP (2009)

Operating income
  
£9.56 million GBP (2006)

Profit
  
£7.59 million GBP (2006)

Headquarters
  
Chippenham, United Kingdom

Parent organizations
  
Unit4, Unit4 Business Software Ltd.

Subsidiaries
  
CODA Belgium NV, CODA IT Services Ltd.

CODA plc is a mid-sized international financial software company based in the United Kingdom. Founded in 1979, it was purchased in 2008 by Unit4, a supplier of Enterprise Software, based in the Netherlands. CODA creates, markets and implements a range of business software systems designed specifically to meet the needs of Finance Directors and Finance Departments. These include:

Contents

  • financial management systems like accounting software and procurement software:
  • financial analysis applications like reporting, consolidation and planning and budgeting systems;
  • financial control systems, like process management and control software for compliance with legislation like Sarbanes Oxley.
  • History

    CODA was founded in Leeds, Yorkshire in 1979 by Rodney Potts and Christopher Lennox and in the early 1990s the company's head office was moved to Harrogate. Today CODA has around 600 employees working from 14 country operations around the world. Chippenham software and consulting company, SciSys, purchased CODA in 2000, renaming its holding company CODASciSys plc in 2002. In 2006, CODASciSys announced a demerger to form two listed companies, CODA (the financial software company) and SciSys (a space and public sector IT company). In 2008, CODA became part of the Unit 4 Agresso group of companies.

    Software

    CODA software is designed for multi-currency, multi-language, multi-country, multi-company and multi-site operations, and is used by around 2,600 medium and large organizations in over 100 countries in a variety of markets and within both public and commercial sectors.

    References

    CODA (company) Wikipedia