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CODA and Corefino Partner on Breakthrough Cloud Computing Accounting Service


London and Boston July 4, 2009

CODA and Corefino, two of the accounting world’s most innovative technology companies, have joined forces to give mid-market chief financial officers (CFOs) a powerful new low-cost alternative to the traditional on-premise software model offered by the ‘Big 3′ enterprise resource planning (ERP) giants. The new three-part accounting service, called Corefino 2go, combines the CODA 2go accounting package, built on the Force.com cloud computing platform, with Corefino’s Triple-C Technology Platform and experienced, outsourced accounting staffs.

The cloud-based solution is available immediately via monthly subscription service, can be deployed in a month or less and requires only an internet connection to access data and download reports.

The partnership combines UK-based CODA’s three decades of experience delivering best-of-class financials to organizations around the world with the turnkey People-Place-Platform solution of Silicon Valley-based Corefino, formally launched in May 2009. By joining forces with CODA, Corefino will maximize the power of its unique Triple-C (Connect, Correct and Comply) framework, which comprises more than 500 airtight, self-contained best practices and key business processes across the finance function.

“The Corefino People-Place-Platform approach gives mid-market CFOs an unbeatable strategic advantage, extricating them from the daily routine that keeps them from focusing on their key objectives,” said Karen Watts, CEO, Corefino. “That’s why we call it the CFO’s Strategic Accelerator. This partnership with CODA uses cloud computing, business process outsourcing and Web portal technology to deliver a breakthrough service for companies in the mid-market. There is nothing at all remotely like it available on a monthly subscription basis.

“Before founding Corefino, I was a CFO myself. I’m well aware that routine accounting is a high-touch, people-resource-heavy, technology-centric function that adds zero value to a company’s strategic mix. What we are saying is, ‘Give it to us – we are experts at this. Spend your technology and people resource money elsewhere on activities and strategies that are going to take your company to the next level.’”

Through their partnership, CODA and Corefino will deliver a wide range of benefits to mid-market enterprises including:

key business processes and applications implemented, managed and maintained by specialists leaving the company free to focus core business activities
reduced reliance on internal and frequently scarce IT and administrative resources so that organizations can ensure their people are working on more strategic business processes
a cost-effective means to access a best-of-breed finance system, delivered via the internet and charged on a per-user, per-month subscription basis
ability to benefit from affordable business process outsourcing
rapid deployment and return on investment
secure anytime, anywhere access to financial data for a complete view of business performance
none of the issues related to on-premise software, such as ongoing maintenance, post-implementation changes or system upgrades.

“This announcement could not have come at a better time,” said Jeremy Roche, CEO, CODA. “Companies around the world are trying to streamline their operations while keeping up best practices and maintaining access to the highest-quality financial data, which they absolutely need to make good business decisions. We’re seeing the result of that in the strong demand for our cloud-based accounting software, CODA 2go, where we already have customers in six countries and three continents and a healthy pipeline of opportunities.

“By partnering with Corefino, we’ll be able to reach new markets in an even more powerful way. We are combining the leading enterprise cloud computing platform in Force.com with CODA’s best-of-breed financials and Corefino’s best practices to deliver an entire family of accounting and financial solutions completely in the cloud – something we believe no one else is offering to the mid-market. It is very exciting to lead the way in what we see as a significant and market-changing development.”

“CODA and Corefino’s partnership will help mid-market companies achieve cost savings and business efficiencies by moving their routine accounting operations into the cloud,” said Steve Lucas, senior vice president, Force.com marketing and alliances, salefsorce.com. “Corefino 2go customers will get the advantage of CODA’s first-class accounting solution, as well as Corefino’s Triple-C business processes framework and experienced staffing. At the same time, they will benefit from running their financials on the trusted, secure Force.com enterprise cloud computing platform.”

About CODA and CODA 2go

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 salesforce.com’s cloud computing platform, Force.com

For more information on the company, please visit: www.coda.com, or call: Hilary Goodband on +44 (0) 1423 537 977

About Corefino

Corefino is the ‘Future of 21st Century Accounting’ — a completely outsourced solution for replacing the aging on-premise approach to performing routine financials. Corefino offers a turnkey people/place/platform combination of outsourced accounting experts, outsourced technology and its Triple-C (Connect-Correct-Comply) Best Practices/ workflow framework. By removing the on-site technology and headcount headaches from mid-market CFO’s and Controllers, Corefino helps them to become ‘strategic accelerators’ capable of more meaningful business impact.

Corefino operates on a variety of Software-as-a-Service (SaaS)-based platforms via monthly subscriptions, and has formed strategic partnerships including ADP, EASi and Intacct. Corefino has vertical market expertise in digital home services, electronic gaming, health services, municipal government, regional corporate offices, alternate energy and clean technology focused companies. Corefino services include reconciliation, GAAP-based financials, plus others that facilitate monthly/quarterly/annual closes, IPO and merger preparation, etc.

The company was founded in 2004, the Triple-C platform was completed in 2006, and the company received capitalization in 2008 to challenge the mid-market ERP leaders. Corefino, recognized as a candidate for InformationWeek’s 2009 ‘Top 50′ Start-Ups, is based in Sunnyvale, CA.

For more information on the company, please see www.corefino.com or call Ethan Parker on + 1 650-267-2977

A090625

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Small business, SMB,Small business accounting, ERP, Averiware , Averiware on-demand, Saas, Accounting, Finance, CRM, SFA ,HR
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Small business, SMB,Small business accounting, ERP, Averiware , Averiware on-demand, Saas, Accounting, Finance, CRM, SFA ,HR

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


Harrogate, UK April 10, 2009

CODA Group, the finance software specialist, today launched its much awaited CODA 2go Spring ’09 accounting Software as a Service (SaaS) at salesforce.com’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 Force.com, salesforce.com’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 Force.com 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 Force.com 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 Force.com solution, signagelive.com, a SaaS Digital Signage solution for revenue recognition. Working closely with CODA and salesforce.com 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 (5.00) per user per month. From today, a free 30 day trial of the Spring ’09 release is available at www.coda2go.com/freetrial

“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 salesforce.com 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, Force.com marketing and AppExchange, salesforce.com. “We’ve been thrilled with the pace at which they’ve delivered innovation and customer success on Force.com. 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.”

For more information, please visit www.coda2go.com

ABOUT CODA and CODA 2go

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 salesforce.com’s cloud computing platform, Force.com.

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

web    http://www.coda.com

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Interview with Rod Drury of Xero about SaaS and accounting

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Rewards using internet based office accounting computer software

Rewards using internet based office accounting computer software

Rewards using internet based office accounting computer software


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Home Page > Business > Home Business > Rewards using internet based office accounting computer software

Rewards using internet based office accounting computer software

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Posted: Apr 23, 2010 |Comments: 1
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Accounting as well as bookkeeping web based services are now available on-line. And so, companies will obtain very much through employing them.

The marketplace for software package as a program (SaaS) is increasing in popularity quickly and even analysts estimate that it may grow by forty % in 2010. Together with these visible business benefits, can be excellent factors to work with SaaS accounting and book keeping packages.

Customer friendly

As nearly all on the internet applications were designed in recent years they are likely to be easier to implement rather than far more conventional accounting services such as Tally. Employing these kinds of programs on the web also seems being less costly in comparison with getting application when you only spend a month-to-month payment, plus gain access to the products as well as online storage devices systems.

On-line service

The application and information is physically based on the computers of the supplier, and can be accessed anywhere. While the service provider handles every software program service, improvements, backups, and protection – saving you some time and decreasing the need to have for in-house IT know-how.

Better choice

A lot of companies continue to stay distrustful of putting elements as essential as their company accounts around the world wide web. But this needn’t become a worry. Having your data files on the internet suggests the info is completely protected. For instance, if your office burned down or maybe your Computer ended up being attacked with a virus, your accounts would continue to be safe and accessible.

The correct supplier

Much like any purchasing decision, your initial action ought to be to pay attention to your needs. Typical issues contain implementation and also servicing prices, ease of use, functions, flexibility, integration, client help, protection and scalability.

Test providers within the following issues:

Security – is info protected through transmission?

Do you know the info back up arrangements?

Credentials – how financially robust is the provider? Request references or converse with present clients.

Service – examine the service level agreement guarantees.

Support – who provides it and when is it obtainable?

Try prior to you purchase

One of several finest attributes of on the web computer software is that you are able to take the application for a spin. Any good on the web computer software provider will certainly offer you a free of charge test. It’s generally quick and simple to sign up and all you need to have is really a web browser to obtain started – take advantage of these and have a play with the system to determine what suits you.

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Rewards using internet based office accounting computer software

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SaaS Accounting Software

Dont lose sleep over accounting problems. Enjoy free online accounting service at saasaccountingsoftware.wordpress.com

Watch your business no matter where you are. Manage everything with ease with our free online accounting service. Go to hubpages.com

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WinSaaS Released Three New Products, the WinSaaS Server – a Free Multi-tenant Software as a Service (SaaS) Server, SaasLight – a Free Web and SaaS Enabled CRM and HotelASP – a SaaS Enabled Hotel Reservation Software


SaaS – Software as a Service Solutions

June 11, 2008

WinSaaS has released three new products, the WinSaaS server to develop and run 100% web enabled software as a service based applications, SaasLight a free web CRM for sales and support management services and HotelASP for hotel software services and hotel reservation software services.

The WinSaaS products and services are designed for very low start up and maintenance cost, easy setup, easy to use, highly configurable and high scalability and performance. They are targeted to small and medium companies and individuals. WinSaaS offers a free SaaS Account and also allows to download the software to your personal computer.

The WinSaaS Server is a free multi-tenant software as a service server and a SaaS application development tool for anyone that wants to build web enabled applications within a low budget and a small time frame.

It allows you to build, run, monetize and support SaaS applications and solutions. SaasLight and HotelASP are solutions powered by WinSaaS. It simplifies deployment and reduce customer acquisition costs and allow to implement a “pay as you go” subscription licensing model.

The WinSaaS software as a service solutions are designed to reduce the total cost of ownership and risk of business applications, efficiently align software with business goals, be an extendable architecture for easy integration and customization and guarantee high scalability and performance.

WinSaaS is a company that provides software and technology services for the software as a service (SaaS) global market and in particular for the hospitality and tourism market.

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SaaS Accounting Software

Get free business forms for invoicing, purchases and more at www.squidoo.com
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Business on a Budget: How SaaS can help your Company Beat the Credit Crunch

Business on a Budget: How SaaS can help your Company Beat the Credit Crunch

Business on a Budget: How SaaS can help your Company Beat the Credit Crunch


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Home Page > Business > Business on a Budget: How SaaS can help your Company Beat the Credit Crunch

Business on a Budget: How SaaS can help your Company Beat the Credit Crunch

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Posted: Jul 03, 2010 |Comments: 0

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Hard times and tough budgeting have been a fact of life for most businesses since the Credit Crunch first came crashing onto the scene a couple of years ago. George Osborne’s Emergency Budget, with its ‘tough but fair’ theme, has raised the bar even higher, bringing a new round of challenges and constraints to the British public and commercial sector.

Now the dust has settled from the Chancellor’s speech, commentators have picked the bones out of it and chewed over the winners and losers, reality is beginning to strike home. Well, what did we expect? It was, after all, billed as an ‘Emergency Budget’, designed to get Britain out of the red and back on the road to financial renewal and recovery.

We all knew it wasn’t going to be easy. George Osborne admits he has been tough, but claims that the budget is nevertheless fair. The hike in VAT up to 20% is of course going to be a bitter pill for all of us to swallow. Workers in the public sector face the prospect of two years with higher taxation and no raise in pay – those among them who are lucky enough to hold on to their jobs, that is – as the swingeing cuts are inevitably going to include many job losses.

Perhaps you are an entrepreneur, worried about managing your business with higher costs and lower resources. Maybe you are now struggling to strike a balance between a minuscule budget and a mammoth work load. You may even be wondering how your company is going to survive. Beyond the rarefied atmosphere of Westminster, political manoeuvring and media frenzy, normal life goes on.

For those of us back in the real world of business and IT, who soldier on with reduced staffing levels and budgets trimmed to within an inch of their lives, there are still some sensible measures we can take to reduce costs. Instead of rushing to cut back on staffing levels and capital expenditure, why not deploy a little imagination and lateral thinking?

Have you considered the benefits of signing up to a SaaS system for your company? SaaS, or ‘Software as a Service’, is a web-based technology founded on the idea of renting IT as and when you need it. For example, you could reduce your business travel costs by introducing some more imaginative ways for your staff to collaborate, communicate and plan. Improved communications networks and advances in web technology mean that it is no longer always necessary to attend meetings in person, or even to slog in to the office every day.

For the typical small to medium sized enterprise SaaS has a lot to offer in terms of convenience, flexibility and security. From a purely financial point of view it can give you some valuable savings, including: No software license to pay for, no minimum contract, reduced travel costs, reduced need for IT department services, lower staff training costs, and lower server maintenance overheads.

There are many advantages to the SaaS approach, both technical and financial. For a start, it is quick and easy to set up, easy to use and flexible across a range of business needs. A good SaaS system can save you money by allowing you to work from home, or while travelling, and to collaborate with colleagues far more easily and efficiently than ever before.

How does it work? Simple: all your folders, documents and project plans are stored safely and securely in the controlled environment of the SaaS provider’s server park. To access them from anywhere in the world, just sign in to your SaaS account, and all your data is made available for you to read and update via the Internet. This presents you and your staff with many opportunities to work in a more modern, effective and productive way.

Harness the power of the web to your advantage and you may find that it can help you, your employees and your business to weather the storm and even to expand and prosper in this harsh financial climate. As for the budget, it wasn’t all bad news. As expected, the banks came in for some harsh criticism, with an acknowledgement that their failures have imposed a huge cost on the rest of society, and the introduction of a bank levy from January 2011. I reckon there will be many bankers today heaving a huge sigh of relief that they weren’t hit even harder.

For the business community, there is plenty of good news, with the emphasis on encouraging new enterprise and start-up companies by granting tax breaks and making it cheaper to employ new staff. There will be a year-on-year reduction in corporation tax, with the small companies’ tax rate also lowered. To make sure the economic recovery is properly financed there is the promise of a new proposal which will make credit more readily available to businesses.

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Charlotte Mooney is an IT professional with many years experience, currently working for International IT Software Consultancy Proswift, specialising in the Webforum online Document Management and online Project Planning Service. If this story strikes a chord with you, click one of the links above and check out what Webforum could do for you and your business.

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Source:  http://www.articlesbase.com/business-articles/business-on-a-budget-how-saas-can-help-your-company-beat-the-credit-crunch-2769007.html

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saas, online project planning, online resource management, document management, boardroom collaboration, cloud computing, file sharing

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Charlotte Mooney is an IT professional with many years experience, currently working for International IT Software Consultancy Proswift, specialising in the Webforum online Document Management and online Project Planning Service. If this story strikes a chord with you, click one of the links above and check out what Webforum could do for you and your business.


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