Mothercare Completes Group-Wide Finance Systems Project

• Substantial implementation project completed successfully • CODA systems meet complex business requirements • All retailing, accounting, procurement, group consolidation and reporting systems integrated across the business

Harrogate, UK (PRWEB) March 6, 2009 -- CODA Group, the finance software specialist, today announced the completion of a substantial systems implementation project for International high street retailer, Mothercare plc.

Like many retailers, Mothercare has a wide Group structure made more complex by the recent integration of the Early Learning Centre into the business. CODA's flexible nature and user definable screens, along with its ability to integrate smoothly with other business systems including customer and supplier collaboration systems, helped make the project a success.

Mothercare's objectives for the project were to deliver efficiency across the business, between customers and suppliers, and to automate as many finance processes as possible to ensure accurate performance data at all times.

"We believe that having state of the art systems will enable us to be more competitive, at a time when efficiency and cost control are central to successful business operations," said Mike Rainer, Group Financial Controller at Mothercare. "We have linked our merchandising and EPoS environments with our financial management systems for all transactions, consolidation and reporting in order to maximise efficiency and control multi-currency expenditure with more confidence than ever before. We now have end to end accounting, reporting and analysis capabilities. CODA's project team have been central to the successful completion of this substantial systems improvement initiative."

Mothercare is now live and running with CODA's Financials accounting system, e-procurement, invoice matching, fixed assets and reporting software as well as its group consolidation system, Ocra. The retailer will use Cognos software for business intelligence in conjunction with these systems.

Photography to accompany this press release is available to download at www.coda.com/mothercare

ABOUT CODA

CODA creates, markets and implements a comprehensive 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 with their business applications.

CODA was founded in 1979 and 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.

CODA is part of Unit 4 Agresso NV, which is headquartered in the Netherlands and listed on the Dutch stock exchange. The Unit 4 Agresso group is an international developer and distributor of integrated business information and management systems and security solutions, providing secure e-business solutions to its customers. It has around 3500 staff in 19 countries and over 5200 client organisations.

For more information, please visit: www.coda.com, or call:

Emma Hoyle

Group PR Manager

CODA Group

+44 1423 537 977

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