Harrogate, North Yorkshire (PRWEB) January 29, 2009
CODA Group, the finance software specialist, today announced that Greggs plc has successfully gone live on its latest finance system, Neon, which now accounts for 1,400 shops across the UK.
Greggs plc is the UK's leading baker retailer, specialising in sandwiches, savouries and other baker-fresh food on the go.
The CODA software replaces 10 regional finance system implementations previously in place and has enabled the company to move to a centralised shared service accounting model. The Financials, purchasing, invoice matching and billing software is integrated with Greggs' merchandising and EPoS systems to further automate accounting processes and to ensure longer term efficiencies whilst enabling the production of both divisional and group accounts more effectively.
"This is a major milestone in our finance modernisation programme and it has enabled us to move from a quarterly reporting cycle to reporting monthly with the ability to analyse more detailed information from each outlet relating to monthly profitability," said Lee Massingham, Finance Systems Manager at Greggs.
Greggs is among a growing number of customers to have implemented the latest version of CODA's Financials software. Its inherent flexibility, simple design and user friendly screens have helped encourage user adoption. Neon is the largest and most significant product release in CODA's history and will deliver increased efficiency and consistency to Gregg's finance team, saving time and money and providing a technical platform that will support the business well into the future.
In addition to version 11 of Financials, Greggs is also benefiting from an integrated purchasing solution that applies the latest collaborative technologies to offer maximum efficiency and ease of use from initial request for goods through to payment. CODA's Invoice Matching engine enables users to match high volumes of invoices or credit notes. It covers all aspects of tying up received invoices to the relevant goods received notes, return documents and purchase orders as well as the individual lines within them.
Photography to accompany this release can be downloaded at http://www.coda.com/greggs
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 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.
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 organizations.
For more information, please visit: http://www.coda.com, or call:
Group PR Manager
+44 1423 537 977