CODA plc was a mid-sized international financial

software company A software company is a company whose primary products are various forms of software, software technology, distribution, and software product development. They make up the software industry. Types There are a number of different types of softw ...

based in the

United Kingdom The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the continental mainland. It comprises England, Scotland, Wales and North ...

. Founded in 1979, it was purchased in 2008 by

Unit4 Unit4 is a software company that designs and delivers enterprise software and ERP applications and related professional services for people in services organizations, with a special focus on the professional services, education, public services, ...

, a supplier of

enterprise software Enterprise software, also known as enterprise application software (EAS), is computer software used to satisfy the needs of an organization rather than individual users. Such organizations include businesses, schools, interest-based user groups, ...

, based in the

Netherlands ) , anthem = ( en, "William of Nassau") , image_map = , map_caption = , subdivision_type = Sovereign state , subdivision_name = Kingdom of the Netherlands , established_title = Before independence , established_date = Spanish Netherl ...

. CODA creates, markets and implements a range of

business software Business software (or a business application) is any software or set of computer programs used by business users to perform various business functions. These business applications are used to increase productivity, measure productivity, and perf ...

systems designed for

finance director The chief financial officer (CFO) is an officer of a company or organization that is assigned the primary responsibility for managing the company's finances, including financial planning, management of financial risks, record-keeping, and financ ...

s and

finance department A ministry of finance is a part of the government in most countries that is responsible for matters related to the finance. Lists of current ministries of finance Named "Ministry" * Ministry of Finance (Afghanistan) * Ministry of Finance and Eco ...

s. These include: * financial management systems like accounting software and

procurement software Procurement software is a type of business software which helps to automate the organisational purchasing functions. Software functions include issuing and evaluating tenders, raising and approving purchase orders, selecting and ordering the pro ...

: * 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 Sarbanes may refer to: *Paul Sarbanes (1933–2020), former United States Senator from Maryland *Janet Sarbanes, American writer *John Sarbanes (born 1962), Member of the U.S. House of Representatives from Maryland's 3rd district and son of Paul Sa ...

History

CODA was founded in

Leeds Leeds () is a city and the administrative centre of the City of Leeds district in West Yorkshire, England. It is built around the River Aire and is in the eastern foothills of the Pennines. It is also the third-largest settlement (by populati ...

, Yorkshire in 1979 by Rodney Potts and Christopher Lennox and in the early 1990s the company's head office was moved to

Harrogate Harrogate ( ) is a spa town and the administrative centre of the Borough of Harrogate in North Yorkshire, England. Historic counties of England, Historically in the West Riding of Yorkshire, the town is a tourist destination and its visitor at ...

. At this point CODA had around 600 employees working from 14 country operations around the world. In 1994 CODA group PLC was bought by Dutch software company

Baan Corporation Baan was a vendor of enterprise resource planning (ERP) software that is now owned by Infor Global Solutions. Baan or Baan ERP, was also the name of the ERP product created by this company. History The Baan Corporation was created by Jan Baan ...

for £52.9 million ($86.7 million), which wanted to compete in the market for standalone financial software and enhance the existing finance offering
4
In 2000, Baan got into financial difficulties and the CODA line of business was acquired by one of its main implementation partners, Science Systems in the UK (today SCISYS). The Chippenham-headquartered software and consulting company acquired the trade and assets of CODA in 2000, renaming its holding company CODA SciSys PLC in 2002. In 2006, CODA SciSys announced a demerger to form two

listed companies A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (l ...

, CODA (the financial software company) and SciSys (a space and public sector IT company).Hall, James. ''"CODASciSys."''

Sunday Telegraph ''The Sunday Telegraph'' is a British broadsheet newspaper, founded in February 1961 and published by the Telegraph Media Group, a division of Press Holdings. It is the sister paper of ''The Daily Telegraph ''The Daily Telegraph'', kn ...

(London, England) (24 September 2006
Newspapers Online. Gale.
Retrieved on 11 March 2008. In 2008, CODA was acquired by Unit4 Agresso.

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

External links

CODA
{{DEFAULTSORT:Coda (Company) Accounting software Companies based in Wiltshire Companies listed on the Alternative Investment Market ERP software companies Software companies of the United Kingdom

History

Software

See also

References

External links