CODA Makes Strong Entry into the Year of Cloud Computing with CODA 2go Spring '09

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• Full SaaS accounting capability covering general ledger, accounts payable and accounts receivable • First cloud accounting application built on's cloud computing platform,

CODA brings vast experience and a long track record of customer success in accounting and financials to cloud computing

CODA Group, the finance software specialist, today launched its much awaited CODA 2go Spring '09 accounting Software as a Service (SaaS) at's Cloudforce conference in London.

Spring '09 is the second release of CODA 2go and considerably extends the functionality of the first release to offer a complete accounting application. This release covers general ledger accounting, user defined budgets and spreadsheet integration, as well as full accounts receivable and invoicing functionality.

Built 100% natively on,'s cloud computing platform, CODA 2go is the first accounting solution that works seamlessly with Salesforce CRM. CODA 2go and Salesforce CRM running on the cloud computing platform and leveraging the same shared infrastructure means that users make the most of customer relationships from making initial contact to ensuring smooth accounting processes and accurate invoicing. It will help companies leverage valuable data across customer services, sales and accounting, giving a 360 degree view of the business at a time when cash flow has never been more important.

"We have been impressed by what CODA has achieved in such a short space of time," said Jason Cremins, CEO of remotemedia, a CODA 2go Spring '09 beta customer. "Building on has clearly worked to their advantage as CODA 2go and Salesforce CRM work together seamlessly. The latest release offers all the accounting functionality we need and works easily with our own solution,, a SaaS Digital Signage solution for revenue recognition. Working closely with CODA and we have been able to run our entire business operation in the cloud which is critical to our global business strategy."
CODA 2go is available via a monthly subscription model. Initial pricing for a full subscription to CODA 2go will begin at £85.00 ($125.00) per user per month. From today, a free 30 day trial of the Spring '09 release is available at

"This is the CODA 2go release that many have been waiting for," said Jeremy Roche, CEO of CODA. "This release builds on CODA's 30 years' experience in developing best of class accounting software. It is simple to set up and use and cost effective to run, and for many companies and subsidiaries, will better meet their accounting requirements than on-premises software. We expect it to quickly become the de facto cloud accounting solution for customers, as well as those companies that are looking for an on demand accounting application that is more sophisticated than others on the market, without the complexity and cost that often implies."

"CODA brings vast experience and a long track record of customer success in accounting and financials to cloud computing," said Steve Lucas, senior vice president, marketing and AppExchange, "We've been thrilled with the pace at which they've delivered innovation and customer success on CODA 2go gives customers a best-in-class accounting application in the cloud that doesn't require them to manage and maintain complex client/server infrastructure."

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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 500 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.

CODA 2go is CODA's new SaaS accounting application designed to deliver high functionality accounting on a subscription basis. It is the first international SaaS accounting system developed on's cloud computing platform,
Hilary Goodband
Interim Group PR Manager
Coda Group
Direct +44 1423 537 977
Mob +44 (0)7810 657778

Hilary Goodband
Group PR Manager
CODA Group International Ltd
Cardale Park, Beckwith Head Road
Harrogate HG3 1RY, United Kingdom
Tel     +44 (0)1423 537977(direct)
Tel     +44 (0)1423 509999(switch)
Mob +44 (0)7810 657778



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