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WDSGlobal Selects CODA for Cross-border Accounting

Single implementation delivers online global view of management information to country managers. Flexible chart of accounts handles detailed reporting requirements.

Harrogate, United Kingdom, September 01, 2006 --( CODA Group, the finance software specialist, today announced that WDSGlobal has implemented a single instance of CODA e-Finance, CODA’s browser-based software, to meet country requirements for financial management and reporting.

CODA e-Finance was chosen over competitive products following a thorough evaluation because it could better handle global currency and reporting requirements. Information will be shared across offices in the UK, Singapore, South Africa, Australia and the United States. CODA consultants provided on-site support and the software was up and running on time and within budget.

WDSGlobal is a global provider of knowledge-based services to mobile communications operators, manufacturers, application providers and sales channels. Delivered via an Integrated Service Framework and based on ten years of experience in the mobile data marketplace, WDSGlobal services assist in every stage of the product lifecycle from pre-launch problem migration through to specialist end user customer support.

Robert Hopkins, Group Financial Controller, at WDSGlobal said: “We undertook a full software evaluation and CODA’s was the only solution that met our cross-border accounting requirements fully. For the first time, we will have an accurate, browser-based view of how each office and territory is performing and we’ll be able to collate this management information into a real time business performance summary using reporting tool CODA-XL and CODA browsers. The idea is that country managers will be able to use this information to their advantage and make more informed decisions for the benefit of the business as a whole.”

WDSGlobal will be using CODA e-Procurement for secure online procurement. The different document types together with workflow designs based on the company's levels of authority will provide an efficient web based approval process for purchasing. Integration with CODA e-Finance will ensure seamless accounting functionality.

WDSGlobal will be running the CODA system in a Microsoft Windows environment with a Microsoft SQL Server database.

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 550 employees working from 13 global locations. 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.

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Emma Hoyle

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