Financials - key benefits
Our award-winning Financials solution offers an unbeatable combination of efficiency, function and accessibility. You can rely on it to meet the full range of your current accounting needs, as well as adapting with your organization or business, as it continues to evolve.
Financials offers a wide range of benefits, these include:
- Minimizing the impacts – it is designed for swift, “pain-free” and consistent implementation and a low demand on in-house resources.
- Focusing on finance – because financial management systems are all we do, you gain “best-of-class” software that delivers the best accuracy, reliability and completeness; with no compromise.
- Accounting with confidence – with the world’s leading financial transaction engine in place, you gain the reassurance of getting the numbers in more reliably and getting information out more flexibly; all from one unified system, that’s always in balance and up to date.
- Aiding management – decision makers gain easy access to consistent, complete and up-to-date information; a single version of the truth.
- Delivering complete flexibility – thanks to the most flexible chart of accounts on the market, you not only gain the control and reliability of a single set of data but also the complete “multi-everything” versatility to:
- reflect the complexities of your operational structure
- accommodate local languages, currencies and accounting requirements
- respond quickly to change
- encourage swift adoption of new processes.
- Saving time – Financials streamlines and automates key day-to-day processes, helping your team to work quickly, efficiently and accurately.
- Helping users – our aim is to get your team used to and using the system as quickly and easily as possible. To achieve this, we have designed Financials to be extremely intuitive – automating or prompting input wherever possible and making all the screens and tools consistent, logical and accessible.
- Building in consistency and control – because the system is so configurable, administrators can easily set up access rights and procedures and build in the organization’s own conventions and corporate identity elements into screens and documents.
- Reducing human error – the unified ledger and easy integration between systems mean much less rekeying of data and, therefore, far fewer opportunities for mistakes.
- Supporting IFRS – for example, the single, highly flexible chart of accounts delivers comparatives without manual consolidation.
- Underpinning compliance and auditability – rigorous systems for transaction processing ensure confidence in the accuracy of the underlying data and the ability to see exactly who did what, when.
- Assisting growth – every year, our solutions help hundreds of customers to make the best use of existing staff and resources and move forward – whether through growth or significant business change.
- Maximizing IT value – seamless integration between CODA applications and with other leading operational systems maximizes the return on your broader IT investment too.
- Keeping you up to date – using our expertise in finance, we continuously invest in our solutions to ensure they keep pace with existing, new and emerging trends and that you can benefit from the latest developments.


