Accounting and Financial Software
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Press Release Summary:
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Original Press Release:
CODA and Salesforce.com Announce New CODA 2go Enterprise Accounting System Built on the Force.com On-Demand Platform
Customers will be able to run powerful accounting system from Europe's leading financial systems provider entirely on salesforce.com's platform-as-a-service
SAN FRANCISCO, Sept. 17 / -- Salesforce.com Dreamforce Conference -- CODA Group (CODA: AIM), the global finance systems specialist, and salesforce.com (NYSE:CRM), the market and technology leader in on-demand business services, today announced a strategic alliance that will see CODA develop the first on-demand financial system built natively on salesforce.com's Force.com on-demand platform. CODA's new service, CODA 2go, will offer companies of all sizes a real-time, global finance system on demand. The alliance was announced today at Dreamforce '07, salesforce.com's User and Developer Conference in San Francisco.
"CODA's on-demand financial system showcases the power of the Force.com platform for building and delivering any kind of application on-demand," said George Hu, Chief Marketing Officer, salesforce.com. "We share a common vision with CODA to enable customers to manage and share all of their business information entirely on-demand."
"Software as a Service is a logical extension of CODA's 'open platform' commitment. Delivering CODA 2go on salesforce.com's Force.com platform will allow CODA to offer our product portfolio to a far wider range of businesses," said Jeremy Roche, CEO of CODA. "CODA 2go is a powerful unified ledger accounting system that addresses the needs of organizations from tens of employees to tens of thousands. Good financial control matters to big and small organizations alike, and we believe CODA 2go will bring to finance what Salesforce has to CRM -- delivering enterprise strength capabilities to the whole market on demand."
CODA's long established strategy is to provide solutions for CFOs and their finance teams in organisations of all sizes, to meet the business challenges of their finance function, what ever they may be.
The first release of CODA 2go is expected for delivery during early 2008, and will address revenue management, including creating and managing sales orders, generating invoices, posting cash and cash management. The service will then be quickly expanded to cover procurement and the full range of financial management activities.
CODA also unveiled an integration application, CODA Integrator for salesforce.com, to allow users of salesforce.com's Force.com platform and CRM applications to interact with CODA's current enterprise accounting system, Financials, creating an integrated front-to-back office application.
Force.com Platform and the AppExchange
Force.com reinvents the traditional development, deployment and distribution of any business application with platform-as-a-service. Developers, customers and partners can use Force.com to easily create a new generation of on-demand applications and deploy them worldwide as a service. Force.com allows applications to be easily shared, exchanged and installed with a few simple clicks via salesforce.com's AppExchange marketplace, enabling all the innovation that Force.com unleashes to be easily distributed to the entire on-demand community.
The AppExchange economy continues to expand, with thousands of customers installing thousands of applications via the AppExchange. Customers of all sizes can quickly and easily extend Salesforce with additional on-demand business applications available on the AppExchange, found at salesforce.com/appexchange.
About salesforce.com
Salesforce.com is the market and technology leader in on-demand business services. The company's Salesforce suite of on-demand CRM applications allows customers to manage and share all of their sales, support, marketing and partner information on-demand. Force.com, the world's first on-demand platform, enables customers, developers and partners to build powerful new on-demand applications that extend beyond CRM to deliver the benefits of multi-tenancy and The Business Web across the enterprise. Force.com allows applications to be easily shared, exchanged and installed with a few simple clicks via salesforce.com's AppExchange marketplace, available at salesforce.com/appexchange. Customers can also take advantage of Successforce, salesforce.com's world-class training, support, consulting and best practices offerings.
As of July 31, 2007, salesforce.com manages customer information for approximately 35,300 customers including ABN AMRO, Dow Jones Newswires, Japan Post, Kaiser Permanente, KONE, Sprint Nextel, and SunTrust Banks. Any unreleased services or features referenced in this or other press releases or public statements are not currently available and may not be delivered on time or at all. Customers who purchase salesforce.com applications should make their purchase decisions based upon features that are currently available. Salesforce.com has headquarters in San Francisco, with offices in Europe and Asia, and trades on the New York Stock Exchange under the ticker symbol "CRM". For more information please visit www.salesforce.com/, or call 1-800-NO- SOFTWARE.
About CODA
CODA creates, markets and implements a complete range of software systems designed specifically to meet the needs of Financial Directors and Finance Departments. These include financial management systems, analysis applications, and business process management and control software to implement compliance solutions. Its service oriented architecture also makes CODA software easy for clients and other vendors to integrate it with their business applications.
CODA was founded in 1979, has around 600 employees working at 18 offices in 14 countries. 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.
For more information, please visit: www.coda.com/.
Source: Salesforce.com
CONTACT:
Gordon Evans of salesforce.com
+1-415-536-7608
gevans@salesforce.com
or
Christopher Webb, Group PR Manager of CODA Group
+44 (0)1423 537 837
Chris.webb@coda.com
Web site:
http://www.salesforce.com/
http://www.coda.com/
