FinancialForce.com news

FinancialForce.com announces VMforce� connector service for Java developers

FinancialForce.com — 2010-06-21T11:00:00+00:00

San Mateo, CA & Harrogate, UK., June 21, 2010: FinancialForce.com, the global leader in online cloud accounting solutions built natively on the Force.com platform from salesforce.com, today announced a new VMforce connector service that will enable Java developers to quickly and easily build FinancialForce Accounting functionality into their own VMforce applications.

The FinancialForce VMforce connector provides pre-configured web services, opening the doors for VMforce Java developers that want fast, easy access to enterprise accounting functionality on the Force.com platform. It will significantly reduce configuration and set up time of the FinancialForce Accounting web services layer. Out of the box, VMforce developers will have access to the accounting functionality they need to make their apps enterprise-ready quickly and easily.

�VMforce is an exciting proposition and provides a huge opportunity for Java developers,� said Jeremy Roche, President and CEO, FinancialForce.com. �FinancialForce Accounting will work out of the box with VMforce as soon as it is available, with all the accounting business logic and critical controls applied. Developers normally have to configure and set up the FinancialForce.com web services layer which is a technical job and can be time consuming. This tool eliminates the need for manual configuration enabling VMforce developers to develop apps quicker and be more productive.�

VMforce, the world�s first enterprise Java Cloud, was announced recently by Salesforce.com and VMware. Using VMforce, 6 million enterprise Java developers, including over 2 million developers using the Spring framework backed by the SpringSource division of VMware, will be able to tap into Force.com platform services. VMforce is currently scheduled to be available in developer preview in 2010 and the FinancialForce connector service will be made available to developers around the same time.

*VMforce is a trademark of VMware Inc.

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About FinancialForce.com

FinancialForce Accounting is a unique online cloud accounting solution - the only one to be built natively on the Force.com platform from salesforce.com. It allows finance teams of organizations using Salesforce CRM � the world�s most successful online solution � to truly �Speak Salesforce� in a way no other cloud accounting system can do, dramatically simplifying processes like invoicing, collecting cash and servicing customers.

Having created the only financial management solution that �Speaks Salesforce,� FinancialForce.com does for finance what salesforce.com has done for CRM - it gives organizations a complete understanding of their financial and business performance that is 100% up-to-the-minute and accurate.

FinancialForce Accounting�s unique real-time design is always in balance and up to date, delivering the confidence of reliable figures from secure systems, looked after by the world's most trusted enterprise cloud computing platform. It is aimed at organizations outgrowing their original accounting applications and looking for a simple yet powerful accounting solution with the capability to support them as they expand locally and even internationally.

FinancialForce.com was funded with an investment from UNIT4 (parent company of accounting software specialist CODA) and salesforce.com. It combines CODA�s 30 years of designing and building financial applications, with the salesforce.com platform�s decade of dependability, availability and security.

The result is a range of cloud computing applications, including FinancialForce Accounting � a full Software as a Service (SaaS) accounting application � delivered on a subscription basis; the first international SaaS accounting system developed on salesforce.com's cloud computing platform, Force.com.

For more information, please contact:

Emma Hoyle
FinancialForce.com PR Manager
ehoyle@financialforce.com
+44 (0)1423 537977

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FinancialForce.com delivers Summer �10 with Chatter-Powered Inter-departmental Collaboration

FinancialForce.com — 2010-06-17T16:00:00+00:00

Boston, MA., June 17, 2010: FinancialForce.com, the global leader in online cloud accounting solutions built natively on the Force.com platform from salesforce.com, today announced the availability of Summer �10, the 4th generation release of FinancialForce Accounting. This new version includes significant new features and Chatter powered inter-departmental collaboration engine. The announcement was made today at The Grape Escape analyst event in Boston.
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FinancialForce.com delivers three releases every year based on new Force.com platform developments from salesforce.com, ensuring all customers benefit from the latest cloud accounting technology to manage their finance functions. Summer �10 will be the first edition of FinancialForce Accounting to include built-in collaboration features from Chatter, salesforce.com�s new enterprise messaging application due for general release on June 22nd. As the only accounting application that �speaks Salesforce�, the collaborative element of this release will set FinancialForce Accounting customers apart.�

FinancialForce Accounting is among the first apps to leverage the advantages of Chatter. Customers will benefit from collaboration around business processes like order to cash, which dissolve inter-departmental boundaries that hinder the running of an effective business. The Chatter-enabled FinancialForce application will allow more frequent and effective collaboration around sales opportunities, customer accounts and service issues in order to achieve best pricing and payment structures for big deals or avoid costly payment delays and disputes.

The latest FinancialForce release has been developed with a focus on making accounting processes even more efficient for users. It includes a completely new user interface with an enhanced look and feel, increased depth of functionality related to intercompany accounting and revenue recognition, and a faster pay process.

�Our customers will be the first to benefit from the collaborative business processes available with Summer �10,� said Jeremy Roche, president and CEO of FinancialForce.com. �We have combined the latest cloud accounting technology with the ability for finance and other departments to collaborate more effectively. Cloud is the future of accounting and FinancialForce.com will continue to leverage the latest technologies to help accountants work smarter.�

Supporting customer quotes
�At last a product that does really well in completing the business process from sales to accounting via selling, billing and cash.� � James Love, VP Sales and Marketing, ICEF GmbH

�We are already reaping the benefits of having a single platform that supports our core business functions from sales, to consulting management, procurement and financial reporting.� � David Tan, Operations Director, Quattro Innovation Group

�It is very exciting knowing that we have all our company and customer data in one place - we can do things that would be quite simply impossible if the data was kept in disparate locations.� � Oliver Cornes, Owner, Juicy Property

�Salesforce.com has exceeded all expectations, but the finance component was missing. Because FinancialForce Accounting is built to work seamlessly with the CRM, we have one view of every customer, an impressive web based system and better functionality than ever before. It is helping us be successful as a business.� � Gary White, CEO, White Springs Inc. �...We selected FinancialForce.com to link our sales and financial process together. We expect to gain significant process improvements from creating this linkage, and more importantly, we�re seeking to provide our clients with increased levels of service.� - Paul Cheesbrough, CIO, Telegraph Media Group

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About FinancialForce.com

For more information, please contact:

Emma Hoyle
FinancialForce.com PR Manager
ehoyle@financialforce.com
+44 (0)1423 537977

FinancialForce.com and CloudApps Deliver Carbon Management and Accounting for Sustainable Businesses

FinancialForce.com — 2010-05-26T12:00:00+00:00

San Mateo, CA., May 26, 2010: FinancialForce.com, the global leader in online cloud accounting solutions built natively on the Force.com platform from salesforce.com, today announced a partnership with CloudApps, a carbon management specialist, to help companies measure, manage and monetize carbon as an asset. The collaboration comes in the wake of increasing legislation, including the UK Carbon Reduction Commitment (CRC), which came into effect at the start of April 2010 and the voluntary Carbon Disclosure Project (CDP) scheme, which many global corporations subscribe to.

The applications were both developed on Force.com, salesforce.com�s cloud computing platform, to seamlessly provide an end-to-end carbon management and accounting solution. This means companies of any size can measure, monitor and account for their current carbon emissions and engage with their employees to dramatically reduce future emission levels and operational costs. Delivered at a low cost, the combined cloud-based solutions allow companies to rapidly get started on their carbon management journeys.

The emerging role of Sustainability Officer involves the management and reduction of carbon emissions across the entire company resulting in reduced operational costs, while the CFO benchmarks emission levels against the competition and reports the financial implications to the board. Together they can ensure compliance with voluntary and legislative global climate change requirements, drive significant cost savings and further enhance their brand.

�When managed as an asset, carbon creates a business advantage, yet very few companies do it well,� said Simon Wheeldon, CEO of CloudApps. �The ability to tie accurate and timely carbon management into financial accounting, forecasting and reporting gives customers the ability to manage the emissions, costs and the cash flow implications of carbon. CloudApps� partnership with FinancialForce.com provides a rapid-response to evolving environment regulations, enhancing products and rolling these out to our customers in days, not weeks or months.�

CloudApps Carbon integrated with FinancialForce.com Accounting enables customers to rapidly measure their carbon emissions and produce accurate compliance reports. They can benchmark their carbon footprint against others, engage employees to identify and manage carbon reduction programs and smooth cash flow by forecasting future carbon allowance requirements. In addition, it enables them to share their work with all stakeholders further promoting their brand and green credentials.

FinancialForce.com takes the information on carbon emissions from the CloudApps Carbon application and converts it into accounting transaction data so that carbon can be monitored and reported as an asset in its own right. Delivered in the cloud utilizing a pay-as-you-go subscription model, this offering is easy and inexpensive to install and maintain compared to other offerings on the market.

�CloudApps is delivering an innovative carbon management solution that is helping companies understand what is required of them and how they can accurately monitor, report and manage the reduction of their carbon emissions,� said Jeremy Roche, CEO of FinancialForce.com. �Together with FinancialForce.com, this solution offers companies better visibility of their environmental impact and associated costs. It is no longer a question of if they do it, but how they do it, and using integrated cloud applications built on a proven technology platform like Force.com will be a cheaper and less risky alternative to many other offerings on the market today. Responsible businesses of all sizes can benefit from integrated sustainability and online accounting.�

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About FinancialForce.com

As the only financial management solution that �Speaks Salesforce,� FinancialForce.com does for finance what salesforce.com has done for CRM - it gives organizations a complete understanding of their financial and business performance that is 100% up-to-the-minute and accurate.

For more information, please contact:

Emma Hoyle
FinancialForce.com PR Manager
ehoyle@financialforce.com
+44 (0)1423 537977

About CloudApps
CloudApps is the leading provider of enterprise solutions that are helping companies of all sizes to reduce their operating costs, comply with global voluntary and legislative climate change requirements and engage with their key stakeholders to enhance their brand and realise value from their carbon asset.

CloudApps Carbon is an innovative, cloud-based Emission Management solution that is offered on a subscription basis and delivered on salesforce.com enterprise cloud-computing platform, Force.com. For more information, please visit http://www.cloudapps.com.

Media Contact:
Paul Maher, Positive Marketing
T: 05600 921012
M: 07900 600013
pmaher@positivemarketing.org

FinancialForce.com customers offered secure online bank payment facilities

FinancialForce.com — 2010-04-28T12:30:00+00:00

San Mateo, CA and Harrogate, UK � Apr 28th, 2010: FinancialForce.com, the global leader in online cloud accounting solutions built natively on the Force.com platform from salesforce.com, today announced it has extended its functionality by adding electronic processing of bank payments to its online accounting offering.

Customers will benefit from a fully automated, on-demand end-to-end payment system. Through integrations, initially with SunGard in the US, which supports check processing and banking system integration, and Albany Software in the UK, a company developing electronic payment software for Bacs payments, FinancialForce Accounting users will have one seamless system for managing customer accounts and making and receiving payments.

�These integrations are designed to make life even easier for our users and are part of a strategy that will see us extending the payment options available to our customers,� said Jeremy Roche, President and CEO, FinancialForce.com. �We are delivering a full, on-demand, end-to-end solution all the way to the bank to try to take this headache away from our customers. Through a fully integrated system like this, our customers can manage payments in a secure service environment without any risk. It also means that they can encourage their customers to pay invoices quicker so they will have better cash flow and budget control.�

FinancialForce.com has also added PayPal integration to its offering for users that choose to email invoices to customers, providing the option to pay an invoice online immediately and securely via PayPal.

Additional links
PayPal integration and FinancialForce.com integrated simultaneously with Facebook and PayPal illustrations:
http://developer.financialforce.com/integrations#facebook-and-paypal

FinancialForce.com recent announcements: http://www.financialforce.com/accounting-news-events/news
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About FinancialForce.com

FinancialForce.com is a unique online cloud accounting solution - the only one to be built natively on the Force.com platform from salesforce.com. It allows finance teams of organizations using Salesforce CRM � the world�s most successful online solution � to truly �Speak Salesforce� in a way no other cloud accounting system can do, dramatically simplifying processes like invoicing, collecting cash and servicing customers.

For more information, please contact:

Emma Hoyle
FinancialForce.com PR Manager
ehoyle@financialforce.com
+44 (0)1423 537977

FinancialForce.com Launches Chatterbox on Salesforce.com�s ChatterExchange

FinancialForce.com — 2010-04-08T12:01:00+00:00

San Mateo, Calif. & Harrogate, UK., Apr. 08, 2010:

FinancialForce.com, the global leader in online cloud accounting solutions built natively on the Force.com platform from salesforce.com, today announced it has launched Chatterbox, a new app on salesforce.com�s ChatterExchange, helping to accelerate the market shift to Cloud 2, the next cloud computing paradigm.

Chatterbox is a powerful new Salesforce Chatter-enabled business collaboration application using the new social capabilities of Force.com. The speed of business change, combined with reliance on haphazard technologies like email, is preventing increasingly virtual companies from being agile. Chatterbox is the first collaboration tool of its kind that alerts staff proactively about changes in the business so they can collaborate and react to solve problems, improve processes and drive competitiveness. It is among the first apps to leverage the social components of Chatter now available in the Force.com platform.

Chatterbox monitors activities on Force.com against a set of rules defined by the user. When a rule is triggered, the users linked to that rule are notified and a Salesforce Chatter stream is started. Chatterbox searches constantly for events that trigger those alerts and encourages collaboration in response to a situation.

Business situations could include the following:

��When an outstanding credit on a customer account goes over 90 days � finance and sales professionals linked to that account can be immediately alerted, then they can quickly identify the reasons for non-payment and act to try and solve the problem to help cash flow and prevent further sales to that client being held up.
��When a specific supplier has been paid or a new supplier engaged � to help procurement and marketing departments better manage their suppliers and improve relationships.
��Customer accounts that show no activity for a specified length of time � may indicate service deficiencies and help ensure customers are contacted regularly.
��New sales over a specific size or won against a key competitor � to keep management and marketing abreast of sales trends.

With Chatterbox, users from anywhere in the business can monitor important business data in real-time. This detail and the resulting conversations that are kicked off by Salesforce Chatter are captured and recorded by the system for audit purposes and historical analysis. Using Chatter, organizations can avoid the inevitable email issues such as time lapses and unstructured communication. Users can communicate with all the people from across departments that are relevant to the discussion and can see at a glance what has happened so far, who is involved and what actions are being taken at that moment.

Salesforce Chatter provides a rich suite of social collaboration components including profiles, status updates and real-time feeds that developers and partners are now using to build new social enterprise apps. The ChatterExchange, a new category on AppExchange 2, provides a single location for customers to try and buy these new solutions that can extend the benefits of cloud computing and social-enabled business applications throughout the enterprise. The new ChatterExchange can be found at www.appexchange.com/chatter.

�With Chatterbox, FinancialForce.com has really considered the business value that social collaboration can deliver for enterprise customers,� said George Hu, executive vice president, marketing and alliances at salesforce.com. �Real-time collaboration using social enterprise tools like Salesforce Chatter and FinancialForce.com�s Chatterbox will break down traditional communication barriers and overcome the problems associated with email or legacy on-premise collaboration software.�

Chatterbox works with salesforce.com applications, FinancialForce.com applications and any custom objects or ISV products running on the Force.com platform. The application provides anytime, anywhere access to real-time feeds via Blackberry or iPhone mobile devices, so users can be updated and respond as business issues arise.

�Agile firms win, and the costs of losing a deal or a customer are too high to risk these days,� said Jeremy Roche, president and CEO of FinancialForce.com. �Companies have fewer decision makers than ever and are dealing with huge change, so they need to be proactive if they want to really learn about what�s going on in their business. Traditional communication tools like email or phone are flawed when you need many people to collaborate. They respond at different speeds or communicate one-to-one, so everyone is at different stages in a conversation. Chatterbox, in collaboration with Salesforce Chatter, solves that and has the potential to tear down the walls between front and back office and those between departments. It enables companies to proactively monitor business activity and focuses the company around solving the big problems: improving customer service, delivering better products, driving down costs and increasing the bottom line. This is a new kind of business collaboration we�ve never seen before.�

Availability:
The Chatterbox beta will be available to registrants via the new ChatterExchange, a brand new category for social enterprise apps that is now part of AppExchange 2.

For more information and video demonstrations please visit:
http://www.financialforce.com/chatterbox�

FinancialForce.com recent announcements: http://www.financialforce.com/accounting-news-events/news
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About the Force.com Platform and AppExchange
Force.com is the only proven enterprise platform for building and running business applications in the cloud. The Force.com platform powers the Salesforce CRM� (http://www.salesforce.com/) applications with more than 800 ISV partner applications like those from FinancialForce.com and Fujitsu, and nearly 150,000 custom applications used by salesforce.com�s 72,500 customers such as Japan Post, Kaiser Permanente, KONE and Sprint Nextel. Force.com now enables developers to make any enterprise app social by leveraging the social collaboration components including profiles, status updates and real-time feeds available with Chatter.
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Applications built on the Force.com platform can be easily distributed to the entire cloud computing community through the salesforce.com AppExchange 2 marketplace http://www.salesforce.com/appexchange/, now featuring the ChatterExchange.

About FinancialForce.com

FinancialForce.com Launches FinancialForce with Chatter on Salesforce.com�s ChatterExchange

FinancialForce.com — 2010-04-08T12:01:00+00:00

San Mateo, Calif. & Harrogate, UK., Apr. 08, 2010:

FinancialForce.com, the global leader in online cloud accounting solutions built natively on the Force.com platform from salesforce.com, today announced it has launched FinancialForce.com with Chatter on salesforce.com�s ChatterExchange, helping to accelerate the market shift to Cloud 2, the next cloud computing paradigm.

FinancialForce.com is among the first to leverage the social components of Chatter now available in the Force.com platform. Chatter will change the way FinancialForce Accounting users interact with sales and the rest of the business, improving cross-department collaboration.

With particular focus on driving collaboration between sales and finance departments, the Chatter-enabled FinancialForce application will allow more frequent and effective collaboration around sales opportunities, customer accounts and service issues in order to achieve best pricing and payment structures for big deals or avoid costly payment delays and disputes. It will bring finance out of the back office and back into the heart of the business, enabling them to get involved in conversations earlier to negate problems and improve customer service.

Users can choose to follow Chatter groups that apply to their role, receiving updates and taking part in discussions on specific topics. It can be used to support processes like month-end close, when finance staff typically spend considerable effort chasing information and input from around the organization.

Other examples might include:
��A salesperson leading a large bid might collaborate with the team working on the bid and include the CFO or the controller, allowing finance to give input on how best to structure the pricing and payment schedule for the deal and to provide revenue-recognition guidance.
��A helpdesk agent setting a customer issue to a high priority level could make finance and sales aware of the potential impact this might have on outstanding payments due or sales discussions in progress.
��A salesperson following a specific account can be informed that the customer hasn�t paid in the agreed time. He / She can chase that customer in their next meeting to push payment through or find out if other issues exist that finance should be aware of.

�We have worked closely with salesforce.com to build Chatter capability into our application, creating the first truly collaborative cloud accounting solution,� said Jeremy Roche, president and CEO of FinancialForce.com. �It�s a game changer in terms of how people will interact with each other and our application. Since we launched FinancialForce.com, our customers have found huge benefit in more closely linking finance and sales, people and processes, and this will enable better collaboration to make business processes more efficient.

�Many finance tasks involve chasing down information, and this will help them stay informed, deal with issues before they become a problem for the business and improve cash flow. Better collaboration with customer-facing teams will mean better customer service. Chatter will also allow us to build future features in our applications dedicated to collaboration, as well as new applications that use the Chatter social capabilities of the Force.com platform.�

FinancialForce.com for Chatter will be available to customers, subject to their license for Chatter with salesforce.com. The application provides anytime, anywhere access to real-time feeds via Blackberry or iPhone mobile devices, so users can be updated and respond as business issues arise.

Availability:
FinancialForce.com for Chatter is available in beta now and will be available to all FinancialForce.com customers when Chatter moves to general release.

Additional links:
Chatter page incl. videos:
http://www.financialforce.com/chatterbox

FinancialForce.com recent announcements: http://www.financialforce.com/accounting-news-events/news
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About FinancialForce.com

FinancialForce.com Releases QuickStart Application

FinancialForce.com — 2010-03-29T08:12:00+00:00

FinancialForce.com, the global leader in online cloud accounting solutions built natively on the Force.com platform from salesforce.com, has launched QuickStart, a wizard-driven application that helps organizations set up their accounts online quickly and easily.

QuickStart is designed to help small and medium size organizations with limited in-house accounting resources or standard accounting requirements to set up their chart of accounts, the vital coded listing of all the accounts used by an organization. It also benefits larger organizations that want to take an industry �best practice� approach to accounting.

�QuickStart is a great example of how we can quickly respond to customer feedback,� said Jeremy Roche, president and CEO, FinancialForce.com. �FinancialForce.com is a compelling offering for companies of varying sizes. It is more comprehensive than other on-demand accounting solutions and therefore we have found that some businesses with limited accounting resources need assistance setting up their chart of accounts. That is hardly surprising, since even experienced accountants do not change their accounting system every day. Yet the design of your chart of accounts is critical to how you structure financial information. Get it wrong, and you may struggle to report on the most important financial and operational trends in your business.�

The 10-step QuickStart application provides straight-forward, pre-defined steps for setting-up FinancialForce Accounting. A default chart of accounts will provide users with a starting point based on five sector templates:

IT/high tech
professional services
media
medical services
generic

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The professional services template, for example, enables users to account for consulting revenue, while the media template accounts for items such as advertising sales. This new wizard-driven approach to setup can reduce the time it takes users to create and refine their accounts structure by up to 75%, even if they have never designed a chart of accounts before.

�QuickStart enables customers to set-up and start using FinancialForce Accounting within hours even if they have never designed a chart of accounts before,� added Roche. �They can then customize their accounting system further as their business grows.�

About FinancialForce.com

As the only financial management solution that �Speaks Salesforce�, FinancialForce.com does for finance what salesforce.com has done for CRM - it gives organizations a complete understanding of their financial and business performance that is 100% up-to-the-minute and accurate.

FinancialForce.com announces out of the box SAP integration for sharing of financial data

FinancialForce.com — 2010-03-23T09:15:00+00:00

FinancialForce.com, the global leader in online cloud accounting solutions built natively on the Force.com platform from Salesforce.com, today announced that it has partnered with SKYVVA, a German specialist in SAP and salesforce.com integration, to develop an out of the box solution for delivering FinancialForce Accounting data into SAP Financials.

The integration will be demonstrated for the first time at Cloudforce Frankfurt today and will offer significant benefits to a number of organizations including:
��Those using FinancialForce.com to account for the salesforce.com Service Cloud to pass data into SAP.
��Those wanting to move subsidiaries into the cloud while maintaining use of SAP Financials at head office.
��Dispersed organizations wanting to integrate franchises into the organization using SAP at head office.

The integration will enable these companies to easily and securely pass financial data relating to opportunities, sales and work orders in the form of invoices into SAP Financials which will record the data and produce the necessary sales and cash records. In this way, FinancialForce.com will provide out of the box integration, where it will generate balanced financial transactions for business processes in the cloud and integrate that with existing on-premises technology infrastructures.

�We are being approached by a number of large organizations that are using ERP systems such as SAP, that want to quickly and easily generate financial transactions from their salesforce.com applications and present them for posting to their on-premises ERP applications,� said Jeremy Roche, President and CEO of FinancialForce.com. �This is an example of creating a hybrid solution between cloud based and on-premises applications, where the benefits of deploying in the cloud can help to quickly deliver a solution and complement existing technology infrastructures. This approach simplifies integration, and ensures that all business processes are completed and accounted for and that there are no lost transactions such as unbilled customers. SKYVVA�s expertise and integration suite built natively on Force.com has enabled FinancialForce.com to deliver a compelling integration for which we can see many different applications for a diverse range of businesses.�

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About FinancialForce.com � www.FinancialForce.com

FinancialForce.com is backed by UNIT4 (parent company of accounting software specialist CODA) and salesforce.com. It combines CODA�s 30 years of designing and building financial applications, with the salesforce.com platform�s decade of dependability, availability and security.

Emma Hoyle
PR Manager, FinancialForce.com
T: +44 1423 537 977
M: +44 7769 671378
ehoyle@financialforce.com

About SKYVVA � www.skyvva.com
SKYVVA is an organization based in Germany, which specializes in developing integrations between cloud applications and on-premise back office business applications, primarily SAP business applications. SKYVVA�s Cloud Integration Suite is the first international integration solution developed on salesforce.com�s force.com platform, the world�s most trusted enterprise cloud computing platform. SKYVVA �s out of the box Integration Apps are delivered on a subscription basis.
Bernd Jung, Managing Director
C: +49 (0) 172 814 7720
P: +49 (0) 89 2555 755 20
email: bernd.jung@skyvva.com

FinancialForce.com launches cloud accounting apps for iPhone and BlackBerry

FinancialForce.com — 2010-03-04T15:50:00+00:00

Facts:
FinancialForce.com has launched iPhone and BlackBerry clients for FinancialForce Accounting, the first and only enterprise-class finance application on the Force.com cloud computing platform.

Features of the mobile client include:
��dashboards for accounting information, such as bank balances, overdue customer invoices and amounts owed to suppliers.
��query access to invoices and credit notes.
��logging of calls, notes and conversations with customers and suppliers.
��the ability for both sales and accounting teams to assign, collaborate and complete tasks related to both CRM and accounting data.

Quote:
�By providing our customers with secure mobile access to their CRM and financial data, we aim to give them even more ways to realize the potential of cloud accounting,� said Jeremy Roche, President & CEO, FinancialForce.com. �With these apps, they can analyze, organize and take action on vital business information that used to be locked inside their accounting software whenever they are away from their computers.�

About FinancialForce.com � www.FinancialForce.com

FinancialForce.com is the global leader in online accounting solutions built natively on the Force.com platform from Salesforce. It aims to do for finance what salesforce.com has done for CRM by delivering unique cloud accounting applications that give accountants and CFOs online, real-time financial information, always in balance and always up to date. This gives them a better understanding of their business, with the confidence of reliable figures, from secure systems, looked after for them by the world's most trusted enterprise cloud computing platform.

The result is a range of cloud computing applications, including FinancialForce Accounting � a full Software as a Service (SaaS) accounting application, delivered on a subscription basis; the first international SaaS accounting system developed on salesforce.com's cloud computing platform, Force.com.

Telegraph Media Group selects FinancialForce.com for cloud accounting

FinancialForce.com — 2010-01-22T00:00:00+00:00

SAN MATEO, CA, JAN. 25, 2010 � FinancialForce.com, the new cloud accounting company formed with investment from Unit 4 Agresso and salesforce.com, has announced that Telegraph Media Group has selected its solutions for use in its media sales department. FinancialForce Accounting will automate this busy department�s largely manual invoicing and accounting processes and will integrate with the Group�s existing salesforce.com CRM solution to give a single view of the Group�s advertising sales and subscription management data. In addition, FinancialForce Accounting will produce invoices, create all accounting entries and automatically pass them into the Telegraph�s enterprise resource planning (ERP) software, Agresso Business World, which is also part of Unit 4 Agresso.

The Telegraph Media Group is the multimedia publisher of the Daily Telegraph, the UK�s biggest-selling broadsheet. Its other titles include telegraph.co.uk; The Sunday Telegraph; and The Telegraph.

The Telegraph Media Group�s selection of FinancialForce Accounting supports its strategy to move many of its business systems into the cloud via salesforce.com�s Force.com platform while keeping its core Agresso ERP solution on site.� An additional advantage of FinancialForce Accounting is that, for the first time, non-financial users of Agresso can access a 360-degree view of the financial data held against customer accounts in real time and in read-only format.

Jeremy Roche, CEO for FinancialForce.com, said: �FinancialForce Accounting has been developed so it is easy and cost effective to implement and can help larger organizations like the Telegraph move elements of their accounting process into the cloud without the need to remove or replace their entire ERP solution. In signing this deal with Telegraph Media Group, we have demonstrated something significant: that cloud and on-premise applications can coexist happily and deliver quantifiable benefits to organizations of all sizes. In this case, FinancialForce.com is essentially acting as accounting middleware, providing a link between the cloud and on-premise applications selected by Telegraph Media Group.�

Paul Cheesbrough, CIO for Telegraph Media Group, said: "The advertising sales process is an important part of our business, and it�s key to ensure the accurate billing of advertisements placed across all of the Group�s products and services. Salesforce.com is the core platform that underpins this process, and we selected FinancialForce.com to link our sales and financial process together.� We expect to gain significant process improvements from creating this linkage, and more importantly, we�re seeking to provide our clients with increased levels of service. The fact that FinanicalForce.com natively works with both Salesforce.com and Agresso ERP was another major reason for the decision.�

About FinancialForce.com � http://www.FinancialForce.com

FinancialForce.com aims to revolutionize the future of accounting by doing for finance what salesforce.com has done for CRM. It delivers unique cloud accounting applications that give accountants and CFOs online, real-time financial information, always in balance and always up to date. This gives them a better understanding of their business, with the confidence of reliable figures, from secure systems, looked after for them by the world's most trusted enterprise cloud computing platform.

FinancialForce.com is backed by Unit 4 Agresso (parent company of accounting software specialist CODA) and salesforce.com. It combines CODA�s 30 years of designing and building financial applications, with the salesforce.com platform�s decade of dependability, availability and security.

The result is a range of revolutionary cloud computing applications, including FinancialForce Accounting � a full Software as a Service (SaaS) accounting application, delivered on a subscription basis; the first international SaaS accounting system developed on salesforce.com's cloud computing platform, Force.com.

FinancialForce.com � a UK success story

FinancialForce.com — 2009-12-07T00:00:00+00:00

FinancialForce.com, the new cloud accounting company formed with investment from Unit 4 Agresso and salesforce.com, will be showcasing its latest edition, Winter 10, at salesforce.com�s Cloudforce 2 London conference at the Novotel West in London this week. In addition Juicy Property and Adestra are the latest of a string of new customers to discuss the benefits they have seen having implemented FinancialForce.com applications in their organizations.

FinancialForce.com originated in the UK so it is fitting that it ends what has been a successful year for the new company in London and in front of a UK audience. Hosted by salesforce.com�s CEO Marc Benioff, Cloudforce 2 London is expected to attract senior business decision makers from across the UK who are looking to adopt cloud based applications and services.

Winter 10 was developed by FinancialForce.com following discussion with customers and partners and enhances the existing financial management capabilities of FinancialForce Accounting. It adds Enhanced Debt Management, which assists companies automate and manage their cash collection processes effectively. In addition, Integration Rules seamlessly pull non-financial data into the finance application through a point and click user interface, while the new Launchpad capability acts as a navigational aid to simplify some of the sophisticated finance processes used by businesses today.

Among the expanding global customer community is Juicy Property, a London-based company providing an online property management tool to landlords. The system provides features to cover all the key areas of property management to help save time, reduce risks, and get financial control. Oliver Cornes, Director for Juicy Property, said: �We've been trialling the FinancialForce application since the initial CODA 2go release in 2008, having realised early-on that CRM is limited unless it provides visibility over financial data as well.� FinancialForce.com is different to other offerings because it isn't just integrated with salesforce.com, it runs in salesforce. It is very exciting knowing that we have all our company & customer data in one place - we can do things that are quite simply impossible if this data is kept in disparate locations.

�Some of the key benefits we have seen since we implemented FinancialForce Accounting include our ability to see financial data on the same screen as support/marketing/sales information. This 360 degree view of business critical information gives us better control and management and enables us to review and analyse our performance quickly and accurately.� For these and many other reasons it is clear we have made the right decision in selecting FinancialForce applications and we would recommend the solution to any organisation looking for best in class cloud accounting capabilities in the cloud.�

Adestra is another customer which benefits from the FinancialForce.com offering. Boasting a customer list including some of the leading retailers, publishers,� agencies and charities in the country, Adestra is a leading UK based email marketing services provider. Steve Denner, Founder and Director for Adestra, commented:� We provide web based services to our clients and so moving our applications into the cloud was a logical and strategic move for us as a business. We already utilise salesforce.com as a full end-to-end customer relationship management solution and are impressed with the quality and accessibility we have across our data. The next step for us was to find a cloud accounting solution that would work alongside our CRM. Being built on salesforce�s Force.com platform gave FinancialForce Accounting the edge. FinancialForce.com is not just rich from a financial and accounting perspective but also the team behind the company clearly understands the challenges we face. Our need for accurate and reliable information and how to deliver a solution that meets these needs. Their friendly and flexible approach to the project has made them a pleasure to work with and I'm convinced we made the right choice of solution for now, and for the future.�

To see more and learn how Financial Force Accounting could revolutionise your approach to financial management, please visit www. FinancialForce.com.

Albany Software partners with FinancialForce.com to provide on-demand online payment functionality

FinancialForce.com — 2009-11-24T00:00:00+00:00

Albany Software, a pioneering developer of electronic payment software solutions for Bacs payments, has today announced the launch of Albany ePAYMENTS for Software as a Service (SaaS) accounting solution � FinancialForce.com. Through this dynamic partnership FinancialForce.com customers can embrace Albany�s advanced software technology to access online Bacs payment functionality from within FinancialForce.com�s on-demand, cloud-based accounting solution.

The FinancialForce.com solution is unique in the market as it is the only accounting solution built on salesforce�s force.com platform.� Albany ePAYMENTS is now also available as a composite application on force.com and works in conjunction with FinancialForce.com�s SaaS solution to facilitate Bacs payments. Albany ePAYMENTS isolates the financial payment-related data stored in FinancialForce.com and transmits it to Bacs for onward payment processing. Albany ePAYMENTS is an essential connection between FinancialForce�s accounting solution and the financial clearing house, enabling automated electronic payments.

Debbie Ashton, Vice President, Product for FinancialForce.com, comments, �In working with Albany, we benefit from their expertise in electronic fund transfers and their close relationship with the UK banking community. In adding Albany ePAYMENTS to our FinancialForce.com solution we can now offer our customers a fully automated on demand, end-to-end payment system which streamlines the process and adds even greater operational efficiency.�

FinancialForce.com is a functionally rich accounting solution that is scalable, cost-effective, quick to implement and requires none of the initial capital outlay, infrastructure work or installation processes and costs associated with more traditional on-premise applications.

Providing payments as a SaaS solution is a complex and challenging task due to the security ramifications, however through the fully-integrated system, FinancialForce.com customers are given the opportunity to manage payments through a service environment without any risk to their business.

Adrian Stafford-Jones, Managing Director of Albany Software, comments, �By transmitting the data held within the accounting solution through Albany ePAYMENTS, financial transactions are possible at the touch of a button. There is no longer any need to re-key data or write cheques, and payments are confirmed online. In this way, Albany ePAYMENTS connects the cloud-based accounting system to Bacs and streamlines all financial processes.�

Stafford-Jones continues, �This latest opportunity to use Albany�s electronic payment function through an online service approach means organisations can access this information whilst on the move and do so securely, providing greater flexibility attaining both significant time and cost savings for businesses.�

Stafford-Jones concludes, �In today�s business it is essential for any accounting solution to have an effective and efficient payment option on offer to enable its customers� greater control over all electronic funds transactions, consequently improving their cash flow and providing accurate budgeting. With Albany�s extensive experience in providing solutions that effortlessly integrate with other third party systems, end-users receive a seamless, user-friendly and cost effective component within their existing accounting solution.�

Financialforce.com powers accounting for enterprise developer �Less Software�

FinancialForce.com — 2009-11-19T00:00:00+00:00

Newly launched cloud accounting solution provider FinancialForce.com today announced that it has added US-based Less Software to its expanding global customer base. Less Software provides sophisticated supply-chain-management software to businesses across the United States via software-as-a-service subscription.

In an industry-wide review, FinancialForce.com�s scalability, cost effectiveness, security and rich financial and accounting functionality elevated it above its competitors, said Less Software CEO and cofounder Mike Flanagan.

�As a cloud company ourselves, we knew cloud accounting would eliminate the time and cost involved with owning, maintaining and supporting software on site,� Flanagan said. �We also wanted a product that didn�t compromise on power or flexibility. After comparing several alternatives we found that FinancialForce Accounting offered the broadest and deepest combination of financial and accounting capabilities. At the click of a mouse button, we can access in-depth business-critical data securely and from any location, at any time, in real time. And we have peace of mind because FinancialForce.com hosts our data on salesforce.com�s trusted, robust and secure Force.com platform.�

Working closely with FinancialForce.com consultants, Less Software expects to go live soon with billing and core accounting including accounts payable, accounts receivable and general ledger.

�With FinancialForce.com, we not only get world-class financial management software, we also get a team that understands what we want to do as a business and how to make it happen,� Flanagan said.
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FinancialForce Accounting�s flexible payment model and multi-currency capabilities will also support Less Software�s ambitious expansion plans.

�We chose the FinancialForce application as an accounting and finance engine that can grow with us as our business expands and evolves� Flanagan said. �We only pay for the capacity we use, allowing us to increase our expenditure gradually rather than paying for idle capacity. And as a fully internationalized solution, FinancialForce Accounting gives us the robust enterprise financial management capabilities that will help us succeed in markets throughout the world.�
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FinancialForce.com Winter 10 release helps companies reduce debt

FinancialForce.com — 2009-11-15T00:00:00+00:00

FinancialForce.com, the new cloud accounting company formed with investment from Unit 4 Agresso and salesforce.com, will unveil its latest edition, Winter 10, at salesforce.com�s Dreamforce conference in San Francisco this week. This latest release enhances the existing financial management capabilities of FinancialForce Accounting, adding:

��Enhanced Debt Management to assist companies automate and manage their cash collection processes effectively;
��Integration Rules which seamlessly pull non-financial data into the finance application through a point and click user interface; and
��the Launchpad which acts as a navigational aid to simplify some of the sophisticated finance processes.

At a time when cash management couldn�t be more important, Winter 10 from FinancialForce.com comes with powerful new debt management capabilities which help organizations to pursue debt and automate the cash collection processes more effectively. At the click of a mouse button, reminder letters can now be scheduled and sent via email from within FinancialForce Accounting without the need to swap into another application. These reminder notices can be scaled by the customer in terms of severity, from a polite reminder to a more serious legal notification, depending on the age of the debt.

Unlike competitive offerings FinancialForce Accounting reminders can be run in batches rather than on a case-by-case basis thereby saving time for finance professionals or administrators. In addition, on receipt of the reminder, a customer can select to pay the outstanding invoice immediately, using PayPal�s �Pay Now� button, which can be embedded in the reminder email.

Building on one of its key strengths � integration � Winter 10 also incorporates new and unique Integration Rules. FinancialForce.com recognizes that the accounting system is at the heart of operations so it is critical to provide an easy method to pull data from an organization�s other line of business applications into FinancialForce Accounting. Although FinancialForce Accounting is built on salesforce�s Force.com platform, these new Integration Rules will work with any application, even ones not built on the platform. That means regardless of how a business chooses to generate financial transactions from business events it can use Integration Rules to map that process into FinancialForce Accounting � without the need for custom development or expensive specialist programmers.

In addition, the solution is configured to allow customers to manage this process themselves through an easy to use point-and-click application. Customers benefit from a flexible and agile solution that provides financial and management information in a single place, and lets them share and collaborate on integrated management and financial information from around the business.

Another important enhancement is the Launchpad, which simplifies and provides a visual representation of what are normally complex financial accounting processes. Customers can see at a glance the workflow they need to follow to complete a financial transaction quickly and efficiently and can familiarise themselves with that process. Research by FinancialForce.com has found that using such simple visual navigation tools simplifies and enhances the experience of using financial applications, so the Launchpad makes FinancialForce Accounting even more user friendly and accessible to finance and general business users alike.

Jeremy Roche, CEO of FinancialForce.com, said: �In developing the Winter 10 release we have listened to what our customers and partners have asked for from the product suite and acted on that feedback. Winter 10 delivers powerful and comprehensive accounting and finance functionality combined with the ability to improve debt management and cash flow. In addition we have made it easier to integrate with other core applications within an organisation and even easier to use. The enhanced functionality we are delivering makes FinancialForce applications even more compelling as a cloud accounting solution.�

Financialforce.com and customers take to the stage at Dreamforce

FinancialForce.com — 2009-11-12T00:00:00+00:00

FinancialForce.com, a new Unit 4 Agresso company that delivers finance and accounting applications in the cloud, will attend the Dreamforce Global Gathering 2009, salesforce.com�s seventh annual user and developer conference. The event runs from November 17 to November 20 at San Francisco�s Moscone Center.

At the conference, FinancialForce.com will unveil new and enhanced functionality for its 100% Force.com-native SaaS finance application, FinancialForce Accounting. The Winter 10 release will extend the application�s financial management capabilities with Debt Management, which helps companies automate and manage their cash-collection processes; Integration Rules, which seamlessly pull non-financial data into the application through a point-and-click user interface; and the Launchpad, which simplifies navigation of sophisticated finance processes.

FinancialForce.com will also host a global customer discussion panel on Wednesday, November 18, at 2.15pm PT at North 125 in the Moscone Centre. Customers including Quattro Innovation from Australia and Compliance Team Inc. and Live Out Loud from the United States will explain why they selected FinancialForce Accounting and the business issues resolved since signing up.

To learn more about FinancialForce.com or to set up a briefing, please visit us at Dreamforce at booth 416. Alternately, please contact Emelyne Interior at financialforce@lewispr.com or Hilary Goodband at hilary.goodband@coda.com.

CODA nets experienced sales staff to join expanding CODA 2go team and opens office on US west coast

FinancialForce.com — 2009-09-07T23:00:00+00:00

CODA, the financial software specialist, has announced that it has appointed Adrian Ivanov as its new VP of Sales for CODA 2go, the first and only enterprise SaaS finance application built on salesforce.com�s Force.com platform. In addition, three new Account Executives join the CODA 2go team. Alexander Turner and Christopher Zyla join Adrian to extend the USA sales team while Tony Pickering joins the EMEA team. A new office has been established in San Mateo California as CODA seeks to take advantage of the increasing level of interest and demand for its cloud based accounting solutions.

Adrian and his team bring a wealth of experience in enterprise software, business development, product positioning and marketing from their time with companies including Oracle, PeopleSoft, Workday and Zoho, Such experience will be crucial as CODA looks to take CODA 2go forward to wider market adoption.

In addition, CODA has established an office in San Mateo California. This will enable CODA to offer a more local service to customers on the West coast of the USA and will serve as CODA 2go's principal office alongside existing operations in New Hampshire, USA and in the UK.

Adrian commented: �These are exciting times for CODA 2go. As organizations of all sizes begin to recognize the benefits of cloud accounting, CODA 2go�s competitive advantages stand out more clearly than ever. Only CODA 2go offers the secure, reliable, thoroughly tested infrastructure of the Force.com platform, and the expertise that comes from CODA�s 30 years developing finance software. As part of Unit 4 Agresso, CODA also has the backing of its parent company, a hugely successful global player in the business and financial software space. I�m delighted to work with the CODA team and look forward to taking CODA 2go into new and exciting markets as we build on its success around the world.�

CODA�s latest announcements come as the company expands its presence in the US finance software market, most recently through alliances with Force.com application solutions experts Mavens Consulting and outsourced online accounting solution provider Corefino

�Over the past few months, we�ve seen a sharp increase in the number of leads for CODA 2go,� said Jeremy Roche, CEO, CODA. �Enlarging our sales team and opening a new office will help us explore those opportunities and expand the user community for CODA 2go. The salespeople will work with our partner community to ensure we deliver not only a first-class financial solution in the cloud but also first-class customer support and service.�

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About CODA

CODA was founded in 1979 and has around 500 employees working at 18 offices in 14 countries. It 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.
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CODA software is designed for multi-currency, multi-language, multi-country, multi-company and multi-site operations. It is used by around 2,600 medium and large organisations in over 100 countries in a variety of markets and within both public and commercial sectors.

CODA part of Unit 4 Agresso NV, which is headquartered in the Netherlands and listed on the Amsterdam stock exchange (U4AGR).

For more information please visit: www.coda.com

About CODA 2go

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, please visit www.coda2go.com.

About Unit 4 Agresso

Headquartered in Sliedrecht, the Netherlands Unit 4 Agresso was founded in 1980. Today, Unit 4 Agresso is the 4th largest mid-market ERP solution provider in the world according to analyst IDC (2008). It develops, sells, implements and supports business software for running, managing and optimising a wide range of private and public sector organizations across the globe. The group has 3,500 staff in offices across 14 European countries and 5 countries outside Europe, from where it supports customers and partners in all regions of the world. It is publicly quoted on the NYSE Euronext Amsterdam (U4AGR).

CODA partners with Mavens on CODA 2go

FinancialForce.com — 2009-08-18T23:00:00+00:00

CODA, the finance software specialist, today announced a partnership with Force.com application solutions experts Mavens Consulting, in a move that will extend CODA�s market reach in the United States. Through the partnership, Mavens will work with CODA to deploy and support CODA 2go, the first international SaaS accounting system developed on Salesforce.com�s cloud computing platform, Force.com.

�This partnership demonstrates further that we are successfully building an ecosystem of partners around CODA 2go, providing a range of services around our cloud accounting solution. We are very impressed with Mavens� background in traditional ERP and professional services and knowledge of the Force.com platform,� said Jeremy Roche, CEO of CODA. �They not only have the experience to execute projects for large enterprises but also understand how to help clients take full advantage of CODA 2go�s 360-degree view of a company�s finances.�

Mavens founder Prasad Kanumury said the company had already begun implementing CODA 2go for its clients.

�With its single-ledger design and broad accounting functionality, CODA 2go gives CFOs unparalleled visibility into their operations at a fraction of the cost of a traditional ERP finance package,� Kanumury said. �And because it�s built on Force.com, it provides industry-leading security and tight integration with Salesforce CRM. At a time when executives are paying such close attention to the bottom line, that makes for an unbeatable proposition.�

Major international software vendor launches cloud accounting service to Australian market

FinancialForce.com — 2009-07-12T23:00:00+00:00

Launch comes as survey reveals 63% of Australian business owners admit they need better control over cashflow

Survey shows Australian businesses are time poor, struggle with debtors and don�t have full control of business
CODA 2go provides cloud computing accounting application to businesses of all sizes
First full accounting solution build 100% natively on Salesforce�s Force.com platform

CODA, the UK headquartered award winning accounting software specialist, today launched CODA 2go, a cloud based accounting package to the Australian market.� Aimed at businesses from one user upwards, CODA 2go is the first accounting solution to be built entirely on Force.com, salesforce.com�s leading enterprise cloud computing platform, and to seamlessly integrate with the salesforce sales and service clouds.

The launch coincides with research unveiled by CODA today that shows Australian businesses lack control of their cashflow and only 10% have had any success in improving payments from debtors. In a survey of 100 CEOs and business owners, 63% of respondents said they have no idea of the state of their cashflow, have a vague idea or admit it should be better.� It also revealed that typical business owners are time poor with 40% saying that doing the books is something that gets done at the weekends or in the evenings.

When asked about using a cloud based accounting package, the survey revealed openness to the concept - less than a third (30%) said they had any reservations about using an online accounting package.

Jeremy Roche, CEO of CODA, said: �This research and conversations we�ve had with businesses shows that the Australian market is incredibly open to the concept of cloud accounting and managing their business accounts in an on-demand environment, so it makes perfect sense to us to bring CODA 2go to Australia. With our knowledge of financial management and accounting solutions and building on salesforce.com�s success in Australia, we are confident of the market opportunity open to us.�

�The fact that so many respondents are not prioritizing time to get on top of accounts suggests Australian business owners are time poor. The survey also showed that 40% lack any automated processes to help manage their business, instead relying on spreadsheets or paper and pen. An easy to use, cost effective and functionally rich accounting tool is just the tonic.�

CODA 2go available today

CODA 2go is available for all businesses in Australia. As an added benefit for those using, or contemplating Salesforce CRM, it provides seamless integration allowing users to make the most of customer relationships - from making initial contact to ensuring smooth accounting processes and accurate invoicing, right through to the ongoing customer relationship. It will help companies get insight into data from across customer services, sales and accounting, giving a complete view of the business position at a time when cash flow has never been more important.

CODA 2go offers an additional choice for organisations looking for best of class financial management without the time and resource costs associated with more traditional on-premise software implementations.

CODA 2go provides rich functionality for Australian businesses:

�

A complete accounting application; featuring general ledger accounting, user defined budgets and spreadsheet integration, full accounts payable, accounts receivable and invoicing
Multi-currency and multi-company support; allowing organisations to manage accounts across different countries, divisions and companies
Support for global accounting and reporting requirements; meaning there are no concerns about meeting the specific reporting and tax legislation in Australia
Quick to implement; with no infrastructure to worry about, businesses can be up and running in hours/days
Scalable; meaning that no matter what size the business today or in the future, the product will be able to support the management of cash flows, debtors and creditors
Access anywhere; because CODA 2go is accessed via the cloud, businesses can access their accounts from anywhere that has an internet connection and with no servers to acquire and maintain, deployment is fast and cost effective
Predictable license fee; with no infrastructure and maintenance fees to worry about, a business just has to pay a regular subscription based license fee
Robust and secure; because CODA 2 go is built on salesforce.com�s Force.com platform, it comes with the same levels of assurance and security being enjoyed by the likes of Cisco and St George bank
Available to all; CODA 2go is available to salesforce.com customers as well as non-salesforce.com customers

Early Australian customer success

One customer already benefiting from CODA 2go is technology consultancy firm, Quattro Innovation Group Pty Ltd, based in Sydney.

David Tan, Director of Operations, said: "We first came across CODA 2go on salesforce.com�s AppExchange and decided to take advantage of the free trial. I am a qualified accountant and was impressed with the rich functionality on offer within CODA 2go and, being based on the Force.com platform, allows us to seamlessly integrate with our Salesforce CRM, staying aligned with the aim to run all our business applications on the cloud.

�We were looking for a system that did not require any server hardware, with an intuitive interface and that we could implement ourselves. CODA 2go proved to be the stand-out product available, whilst saving us money and ensuring scalability as our business grows. All in all, CODA 2go is providing us with best in class financial management capabilities hosted and managed in the cloud � it provides a nice synergy with how we run our business and what we communicate to our customers."

A free 30 day trial of CODA 2go is available from www.coda2go.com.au and will be supported locally by Australian SaaS consultancy and salesforce.com partner Sqware Peg.

Shawn Stilwell, CEO, Sqware Peg said: �We�re seeing a lot of demand from customers and prospects to run more of their business in the cloud, especially as they look to upgrade from legacy business software.� CODA 2go is a really attractive offering for them, bringing proven, enterprise class functionality and reliability to businesses of all sizes.�

Steve Lucas, senior vice president of Force.com and Alliances, salesforce.com said: �The Force.com platform provides a great opportunity for ISVs to build applications and services and create a frictionless route into new markets.� The power of the platform to deliver real-time functionality without the need for additional infrastructure makes for a compelling offering and it�s really reduced the barriers for CODA to launch into Australia.�

About the survey

The survey was commissioned by CODA and carried out by Pure Profile.� It surveyed 100 small business owners and CEOs in businesses with less than 50 staff.

Pricing and availability

CODA 2go can be accessed from www.coda2go.com.au and is available today.� It costs businesses an introductory price of AU$160 per user, per month, with read only access available for AU$35 per user, per month.� The read only version allows sales teams and execs to get instant visibility into their customer account history and other information they may need to make more informed decisions.

A free 30 day trial is available from www.coda2go.com.au

CODA 2go, a new cloud based accounting offering, secures local channel representation

FinancialForce.com — 2009-07-12T23:00:00+00:00

CODA, the UK headquartered award winning accounting software specialist, today launched CODA 2go, a cloud based accounting package to the Australian market.� Aimed at businesses from one user upwards, CODA 2go is the first accounting solution to be built entirely on Force.com, Salesforce.com�s leading cloud computing platform, and to seamlessly integrate with Salesforce CRM.

To support the company�s local push, local SaaS consultancy Sqware Peg has been announced as the first company to represent the product in Australia and New Zealand.� CODA 2go is looking to expand its relationships in the region and believes this partnership with Sqware Peg will enable it to extend its market reach in a way it could not have done on its own.

Jeremy Roche, CEO for CODA, said: �Our research shows that the Australian market is incredibly open to the concept of cloud accounting and managing their business accounts in a hosted environment so it makes perfect sense to us to bring CODA 2go to Australia. With our knowledge of financial management and accounting solutions and building on salesforce.com�s success in Australia, we are confident of the market opportunity open to us.�

�Local expertise and support are crucial for our success and we see great opportunity to work with Sqware Peg to exploit the appetite for hosted applications from those companies looking for an alternative to their legacy on-premise systems.�

CODA 2go is available for all businesses in Australia, but for those using Salesforce CRM as well it provides seamless integration allowing users make the most of customer relationships - from making initial contact to ensuring smooth accounting processes and accurate invoicing. It will help companies get insight into data from across customer services, sales and accounting, giving a complete view of the business position at a time when cash flow has never been more important.

With 96% of Australian businesses employing less than 20 staff*, CODA 2go will initially target the SMB market, but the product scales to meet the needs of larger enterprises. CODA 2go offers an additional choice for organisations looking for best of class financial management without the time and resource costs associated with more traditional on-premise implementations.

CODA 2go provides rich functionality for Australian businesses:

A complete accounting application; featuring general ledger accounting, user defined budgets and spreadsheet integration, full accounts receivable functionality allowing businesses to track the sales cycle from new lead through to payment, and accounts payable with full vendor management
Multi-currency and multi-company support; allowing organisations to manage accounts across different countries, divisions and companies
Support for global accounting and reporting requirements; meaning there are no concerns about meeting the specific reporting and tax legislation in Australia
Quick to implement; with no infrastructure to worry about, businesses can be up and running in hours/days
Scalable; meaning that no matter what size the business today or in the future, the product will be able to support the management of cash flows, debtors and creditors
Access anywhere; because CODA 2go is accessed via the cloud, businesses can access their accounts from anywhere that has an internet connection
Predictable license fee; with no infrastructure and maintenance fees to worry about, a business just has to pay a regular subscription based license fee
Robust and secure; because CODA 2 go is built on Salesforce.com�s Force.com platform, it comes with the same levels of assurance and security being enjoyed by the likes of Cisco and St George bank
Available to all; CODA 2go is available to salesforce.com customers as well as non-salesforce.com customers

A free 30 day trial is available from www.coda2go.com.au

CODA 2go has already launched in the US and the UK markets where it has referenced customers and a very healthy pipeline.�

* According to Australian National Bureau of Statistics

CODA and Corefino partner on breakthrough cloud computing accounting service

FinancialForce.com — 2009-06-24T23:00:00+00:00

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, salesforce.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.�

CODA Soars Into The Year Of Cloud Computing With CODA 2go Spring �09

FinancialForce.com — 2009-04-06T23:00:00+00:00

Manchester, NH � April 07, 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 accounts payable and general ledger accounting, including spreadsheet integration, as well as enhanced accounts receivable and invoicing functionality. Its multi-company, multi-currency capabilities make CODA 2go suitable for any size of business.

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. Having CODA 2go and Salesforce CRM running on the Force.com cloud computing platform and leveraging the same shared infrastructure means that users get the most out of their 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 Remote Media, 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 $125.00 per user per month. Starting today, a free 30-day trial of the Spring �09 release will be available at http://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, it 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 http://www.coda2go.com

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About CODA & 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 on premise financial management systems, analysis applications and business process management and control software to implement compliance solutions.

CODA was founded in 1979 and has around 500 employees working at 18 offices in 14 countries. CODA is part of Unit 4 Agresso NV, an international software developer headquartered in the Netherlands and listed on the Dutch stock exchange. It has around 3,500 staff in 19 countries and 5,200 client organizations.

Invoicing Mistakes Pose Serious Threat to Cash Flow, CODA Survey Finds

FinancialForce.com — 2009-02-26T00:00:00+00:00

CODA, the finance systems specialist, today released results of a survey demonstrating that invoicing errors are sapping businesses of revenue at a time when they need it most�a phenomenon CODA has dubbed the �Margin of Error.� The problem stems from the common business practice of submitting multiple invoices at once. If a customer finds an error on even one, it will often hold the entire batch for verification. This can take weeks, even months, and delay payment for an indefinite period�a serious concern for any company trying to weather hard economic times.

CODA set out to determine the prevalence and importance of the Margin of Error by surveying more than 100 U.S. accountants at small-to-medium-size businesses (SMBs). It found that the issue is both costly and widespread. A large percentage of respondents confirmed that invoicing is a common source of cash flow problems, and a significant number estimated that at their companies, improper invoicing delays thousands of dollars of revenue per month.

Among the key findings:

89% of respondents said that cash flow has become a more important problem for their company in the downturn
47% said that invoicing delays are a �definitely� or �somewhat� common source of cash flow problems for their company
25% estimated their company has at least $5,000 a month delayed due to invoicing errors
Nearly 17% have seen payments greater than $50,000 delayed due to invoicing errors
In a possible sign of disconnect between finance departments and upper management, 58% of respondents reported that finance was feeling more pressure to invoice properly in the downturn; however, almost 60% said their company was �not at all� looking for ways to improve its invoicing process.

�Cash flow is the lifeblood of business, especially in times like these when credit is hard to come by,� said Jeremy Roche, CEO, CODA. �The results of this study show that the Margin of Error is worse than a nuisance. It�s a drag on the bottom line. For small to medium-size businesses, payment delays can mean the difference between survival and bankruptcy. Luckily, there are several ways to minimize the risk of these errors, so long as management listens to finance and takes the problem as seriously as it deserves. We hope this survey prompts businesses to have those internal discussions and find a solution that works for them.�

One of the more common causes of invoicing error is the use of finance software that lacks the ability to track sales through a company�s CRM system, from the salesperson�s first contact to the recognition of revenue. To remedy this problem, CODA has developed powerful �Opportunity to Cash� functionality in its CODA 2go on-demand accounting package. Built on the Force.com platform, CODA 2go is completely embedded with Salesforce.com and so enables accountants to go from their �opportunities� in Salesforce CRM to create an invoice at the click of a button and post the transaction to their sales ledger. This gives users the most complete possible view of the sales process and eliminates re-keying of data, minimizing the chance for confusion -- and error.

Introduced in 2008, CODA 2go is the first 100%-native enterprise accounting application developed on the Force.com platform and is a leading example of the industry trend toward �cloud accounting�.

About CODA & 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 on-premise financial management systems, analysis applications and business process management and control software to implement compliance solutions.

Founded in 1979, CODA has nearly 500 employees working at 18 offices in 14 countries. CODA is part of Unit 4 Agresso NV, an international software developer headquartered in the Netherlands and listed on the Dutch stock exchange. It has around 3,500 staff in 19 countries and 5,200 client organizations.

CODA 2go now available through Force.com Checkout

FinancialForce.com — 2008-12-08T00:00:00+00:00

MANCHESTER, NH, DEC. 8, 2008 � CODA Group, the finance software specialist, today announced the availability of CODA 2go in the Force.com Checkout pilot program. CODA 2go is the first SaaS accounting system to be developed and run on salesforce.com�s Force.com platform and trusted global service infrastructure. As a 100% Force.com native application, CODA 2go is immediately available to U.S. customers for order through Force.com Checkout on the AppExchange at http://www.salesforce.com/appexchange/

�CODA is a clear leader in developing and delivering financial applications that make customers successful. Our customers have been asking for a native accounting application for some time, and CODA 2go delivers the features required by organizations of all sizes,� said Polly Sumner, President, platforms, alliances, and services of salesforce.com. �CODA has been able to leverage the Force.com platform to the hilt � developing CODA 2go in just months as opposed to years with other technology models. Now, with Force.com Checkout, CODA can leverage an additional sales and distribution channel that will accelerate their go to market strategy.�

The first CODA 2go release delivers Opportunity to Cash functionality, enabling users to create an invoice directly from their completed �opportunities� in Salesforce CRM at the click of a button and post the transaction to their sales ledger. It is fully integrated with Salesforce CRM and will help companies manage business processes by providing simple access for authorized users from initial sales enquiry to closing the deal to collecting cash within one integrated product. The next release, including general ledger accounting and purchasing, is currently planned for Q1 2009.

�We are happy to be one of the first applications available via the new Force.com Checkout service,� commented Jeremy Roche, CEO of CODA. �Since the inception of CODA 2go, we have accomplished many firsts, including delivering the first native accounting application and what we believe is the most advanced SaaS accounting application on the market today. We have been part of the creation of the business model for Platform as a Service (PaaS) with salesforce.com as well as creating the legal and operational framework around delivering applications in a PaaS environment. What we have created and will continue to build on is a fully scalable, unified international accounting solution.�

A free 30-day online trial of CODA 2go was announced last week and can be accessed at http://www.coda2go.com/freetrial

Force.com Checkout � Accelerating Customer and Partner Success in the Cloud
The Force.com platform, AppExchange and Checkout provides a comprehensive set of services to accelerate customer, developer and partner success with cloud computing.� Applications available through Force.com Checkout run entirely on the Force.com platform, and inherit the security, reliability and availability of salesforce.com�s proven global infrastructure.�

CODA completes successful CODA 2go beta programme and launches free trial

FinancialForce.com — 2008-12-02T00:00:00+00:00

CODA Group, the finance software specialist, today announced that it has completed a successful beta programme for CODA 2go, and from today has made available a free 30 day online trial and demo at http://www.coda2go.com/freetrial.

CODA 2go is the first international SaaS accounting system developed on salesforce.com�s Force.com platform. The service is integrated with Salesforce CRM applications and runs on salesforce.com�s trusted global service infrastructure.

Since its launch at Dreamforce Europe in May, development of CODA 2go has continued and CODA has undertaken a successful beta programme, which has seen several companies from the UK and US implement and test the order to cash module. Companies trialling the software included salesforce.com customers CyberSafe, Model Metrics, SaaSpoint and Xenogenix.

�We have been impressed with the CODA 2go service and plan to extend our use of the different functions available over the coming months,� said Tim Alsop, Technical Director at CyberSafe. �With direct communication with the CODA 2go development team, we believe being part of the early adoption programme has put us at a significant advantage. Integration between CODA 2go and Salesforce CRM is seamless and the look and feel is the same, so users feel they are working within one system. It delivers accounting functionality that we have been crying out for and closes a loop between sales and finance. CODA�s pedigree in developing finance systems is very apparent.�

The first CODA 2go release delivers Opportunity to Cash functionality, enabling users to go from their �opportunities� in Salesforce CRM to create an invoice at the click of a button and post the transaction to their sales ledger. It is fully integrated with Salesforce CRM and will help companies manage business processes by providing simple access for authorised users from initial sales enquiry, to closing the deal, to collecting cash within one integrated product.

The CODA 2go service is available via salesforce.com�s Force.com AppExchange, a Web marketplace for SaaS applications. CODA provides complete helpdesk support for all trial users and any requests for assistance can be made directly from the application. The trial is delivered with a pre-populated set of data and comprehensive award winning online help and supporting documentation to help customers get up and running quickly and familiarise themselves with the capabilities of CODA 2go. Templates and detailed guidance are also provided to support a smooth implementation when customers are ready to move CODA 2go into their production environment.

CODA 2go is available via a monthly subscription model. Initial pricing for a full subscription begins at �70.00 per user per month with other pricing options available for alternative feature packs. For the first six months, customers that sign up to release one of the CODA 2go service, will receive a free upgrade to release two when it becomes available, including full general ledger and accounts payable functionality.

A new dedicated CODA 2go website also launches today at www.coda2go.com

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About the Force.com Platform and AppExchange
Force.com is the only proven Platform as a Service for building and running business applications in the cloud.� The Force.com platform powers the Salesforce CRM applications, more than 800 ISV partner applications like those from CODA and Fujitsu, and more than 85,000 custom applications used by salesforce.com�s 47,700 customers such as Japan Post, Kaiser Permanente, KONE and Sprint Nextel.

Force.com is the fastest platform for building and deploying complex business applications.� Unlike a stack of disparate client/server hardware and software products, Force.com unifies the development and deployment model from the database to the device, allowing developers to easily assemble applications with clicks, components and code, and then instantly deploy them on salesforce.com�s trusted global infrastructure.� Customers and partners are using Force.com to build all kinds of business applications from supply chain management to compliance tracking, brand management, accounts receivable, claims processing applications and much more.

Applications built on the Force.com platform can be easily distributed to the entire SaaS community through the Force.com AppExchange marketplace at http://www.salesforce.com/appexchange/.

On-demand accounting service CODA 2go wins respected industry award

FinancialForce.com — 2008-09-25T23:00:00+00:00

CODA Group, the finance systems specialist, has won a prestigious industry award for its new on-demand accounting system, CODA 2go. It was awarded for best instructional documentation in this year�s UK Technical Communication Awards, organised by the Institute of Scientific and Technical Communicators (ISTC) for its CODA 2go Online Help facility.

CODA 2go is CODA�s new SaaS (software as a service) accounting service, the first to be built entirely on salesforce.com�s Force.com Platform-as-a-Service. Its Online Help facility is an important element of the usability of the business application, guiding both new and experienced users through the service. It provides a sequence of help topics to enable system administrators to set up CODA 2go, and provides conceptual, procedural and reference topics to enable users, such as accountants and data entry clerks, to use the service. The help facility also enables users to filter for topics relevant to their specific job function.

The awards winners were announced last night at a gala dinner at the annual ISTC Conference, the largest UK event for technical communicators, held between September 23rd and 25th at Eastwood Hall, Nottingham. CODA 2go Online Help was voted the winner based on its well-structured, well-presented and well-written format.

�We are extremely proud to win this prestigious industry award,� said Debbie Ashton, Product Director at CODA. �The CODA 2go development team have worked very hard to deliver an industry leading SaaS application and industry leading help text to support it. Although the service is generally very easy to use, it is essential that users can find information when they need it to guide them through the product for a seamless user experience. Clearly the judges recognised that we have developed an effective tool in guiding product users, and we are delighted by this endorsement.�

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About The ISTC
The Institute of Scientific and Technical Communicators (ISTC) has been established for 60 years and is the largest UK body representing information development professionals. The ISTC encourages professional education and standards, provides guidance about the value of using professional communicators, and provides research resources and networking opportunities for its members and industry affiliates.

The annual UK Technical Communication Awards recognise and reward excellence in the efforts organisations and companies make to communicate effectively with the users of their products and services, their customers, and their staff.

For more information, please contact:
Paul Ballard, Head of ISTC Marketing, paul.ballard@3di-info.com 01483 211533

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 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 3300 staff in 19 countries and 5200 client organisations.

CODA Launches First Enterprise Accounting System Built and Run Entirely on Salesforce.com�s Force.com Platform

FinancialForce.com — 2008-05-06T23:00:00+00:00

LONDON and Harrogate, UK, salesforce.com Dreamforce Europe conference � May 07, 2008 - CODA Group, the global finance systems specialist, and salesforce.com, [NYSE: CRM] the market and technology leader in Software-as-a-Service and Platform-as-a-Service, today announced the immediate availability of CODA 2go, the first on-demand financial system built entirely on salesforce.com�s Force.com Platform-as-a-Service.

The first release, launching today, delivers Opportunity to Cash functionality, enabling users to go from the �opportunities� in Salesforce to create an invoice at the click of a button and post the transaction to their sales ledger. It is fully integrated with salesforce.com�s CRM application and will help companies manage business processes by providing simple access for authorised users from initial sales enquiry, to closing the deal, to collecting cash within one integrated product. The system was launched today at Dreamforce Europe, salesforce.com�s European User and Developer Conference at the Barbican Centre in London.

�CODA�s development team has worked tirelessly to get this first release of the product out and we have been impressed with the level of enthusiasm and expertise they have shown throughout the collaboration,� said Polly Sumner, President, Platform, Alliances, and Services at salesforce.com. �We share a common vision with CODA to enable customers to manage and share all of their business information entirely on demand. CODA 2go is a great example of how the flexibility inherent in the Force.com platform enables ISVs to deliver innovative and breakthrough business applications.�

CODA 2go runs on the Force.com Platform, benefiting from the industry-leading performance and availability, global scale, multi-tenancy and security of salesforce.com�s award-winning service.�

�CODA�s 25+ years experience in developing international accounting systems, combined with the Force.com platform, have enabled us to deliver a robust on-demand finance application more quickly and efficiently while maintaining our high standards,� said Jeremy Roche, CEO of CODA. �The first release covers Opportunity to Cash processes with General Ledger Accounting, Purchase to Pay and Sales Order Processing functionality being delivered over the coming months. We have developed and delivered functionality in months that would have taken years had we built this from the ground up. And because we are using a proven technology platform in Force.com, it includes world-class security and the ability to quickly customise user screens, which have been lacking in on-premise applications to date.

�This is the first product of its kind and we believe it is unrivalled in the marketplace. We want to do for finance what salesforce.com has done for CRM, and Software as a Service is a logical extension of CODA�s �open platform� commitment. This clearly shows that in a mature software market we remain agile and innovative. CODA is known for developing the best finance applications in the world and we believe we have done it again, only this time delivered using the best on-demand technology available.�

CODA 2go � World�s First Accounting System on Force.com
CODA 2go will deliver all the advantages of CODA�s financial expertise, including: multi-everything accounting; built on a unified ledger, for optimum efficiency, consistency and accuracy; together with the most flexible chart of accounts on the market � enabling users to analyse costs and revenues easily across many different dimensions. All delivered as a flexible, scaleable on-demand service. The applications can be used individually or together or be easily integrated to supplement an existing �on-premise� accounting system. With a long track record of customer success, CODA 2go will reduce the cost and complexity of managing and maintaining software infrastructure, and will deliver significant benefits to customers, including:
��Improved financial visibility � across the whole process, from converting an opportunity to an order, through to creating an invoice and tracking the delivery of the order.
��Real-time credit management � built-in rules to ensure approval requirements are met, for example preventing accidental credit limit breaches.
��Better-informed decisions � easy, controlled �self-service� access to finance and CRM information to assist decision-makers, without tying up the finance team.
��Control � the finance department retains full control over which transactions and other data items from the CODA systems are made available to the sales team.

"When we saw CODA 2go for the first time, we knew it was the right finance application for our professional services business,� said Adam S. Caplan, President, Model Metrics LLC, CODA 2go Beta customer. �It looks great with the same look and feel as our Salesforce CRM and the integration is seamless. It will help to streamline our customer account management across the business and give us fantastic flexibility and a wealth of features while leveraging our on-demand application strategy."

Pricing and Availability
CODA 2go is currently scheduled to be available on a trial basis in the current quarter via a monthly subscription model. Initial pricing for a full subscription to CODA 2go will begin at $125 per user per month with other pricing options available for alternative feature packs.

Please visit http://www.coda2go.com or call +44 (0)1423 509999 for more information.

Jeremy Roche will be announcing the launch live on stage today during the Keynote presentation alongside Marc Benioff,�chairman and CEO of salesforce.com, at Dreamforce Europe.

The Keynote address can be viewed live from 1300 BST at http://www.salesforce.com/investor

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�
Force.com Platform and the AppExchange
Force.com is the on-demand platform for the next generation of business applications. Force.com reinvents traditional customization and integration and enables the creation of a whole new generation of on-demand applications that go beyond client/server computing.� Force.com allows applications to be easily shared, exchanged and installed with a few simple clicks via salesforce.com's AppExchange marketplace, enabling all the innovation that Force.com unleashes to benefit the entire on-demand community.
�
The AppExchange economy continues to expand as thousands of salesforce.com customers have installed thousands of on-demand business applications available on the AppExchange, found at http://www.salesforce.com/appexchange.

About salesforce.com
Salesforce.com is the market and technology leader in Software-as-a-Service (SaaS) and Platform-as-a-Service (PaaS). The company's portfolio of SaaS applications, including its award-winning CRM, available at http://www.salesforce.com/products/, has revolutionized the ways that customers manage and share business information over the Internet.� The company�s Force.com PaaS enables customers, developers and partners to build powerful on-demand applications that deliver the benefits of multi-tenancy across the enterprise. Applications built on the Force.com platform, available at http://www.force.com/, can be easily shared, exchanged and installed with a few simple clicks via salesforce.com's AppExchange marketplace available at http://www.salesforce.com/appexchange/.

As of January 31, 2008, salesforce.com manages customer information for approximately 41,000 customers including ABN AMRO, Dow Jones Newswires, Japan Post, Kaiser Permanente, KONE, Sprint Nextel, and SunTrust Banks.� Any unreleased services or features referenced in this or other press releases or public statements are not currently available and may not be delivered on time or at all.� Customers who purchase salesforce.com applications should make their purchase decisions based upon features that are currently available.� Salesforce.com has headquarters in San Francisco, with offices in Europe and Asia, and trades on the New York Stock Exchange under the ticker symbol "CRM". For more information please visit http://www.salesforce.com, or call 1-800-NO-SOFTWARE.
�
###
�
Copyright (c) 2008 salesforce.com, inc. All rights reserved. Salesforce and the "no software" logo are registered trademarks of salesforce.com, inc., and salesforce.com owns other registered and unregistered trademarks. Other names used herein may be trademarks of their respective owners.

Jane Lawrence
EMEA PR Director
salesforce.com
Tel: +44 (0) 870 734 5052
jlawrence@salesforce.com

CODA appoints manager for new on-demand software business in North America

FinancialForce.com — 2008-04-06T23:00:00+00:00

CODA Financials, Inc., the finance software specialist, today announced it has appointed Kevin Roberts, currently VP of Business Development, to head up its new Software as a Service organization in North America.

CODA plans to launch its new on-demand accounting system, CODA 2go, in May this year, which will provide companies of all sizes with advanced, international financial accounting capabilities delivered via the world's leading Software as a Service platform. CODA is adapting its sales and marketing, implementation and support strategy to reflect the market differences from the on-premise model it is used to.

�The radically different approach that on-demand products require to successfully take them to market, is something we are very conscious of,� said Steve Pugh, CEO of CODA Financials, Inc. �As such we are setting up a separate business unit to address those requirements so we can successfully bring CODA 2go to customers. Kevin has all the experience necessary to make this business a success. We can see huge potential for this type of software delivery in the future and expect that our experience in developing and delivering world-class finance systems will benefit us and our customers as we move forward with this new business model.�

CODA will continue to serve the on-premise market as it always has done. Software as a Service is a logical extension of CODA�s �open platform� commitment. Delivering CODA 2go on salesforce.com�s Force.com platform will allow CODA to offer its product portfolio to a far wider range of businesses.

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Force.com Platform and the AppExchange
Force.com (http://www.force.com/) reinvents the traditional development, deployment and distribution of any business application with platform-as-a-service. Developers, customers and partners can use Force.com to easily create a new generation of on-demand applications and deploy them worldwide as a service.� Force.com allows applications to be easily shared, exchanged and installed with a few simple clicks via salesforce.com's AppExchange marketplace, enabling all the innovation that Force.com unleashes to be easily distributed to the entire on-demand community.
�
The AppExchange economy continues to expand, with thousands of customers installing applications via the AppExchange. Customers of all sizes can quickly and easily extend Salesforce with additional on-demand business applications available on the AppExchange, found at http://www.salesforce.com/appexchange/.

CODA recruits dedicated sales and marketing team for on-demand software

FinancialForce.com — 2008-03-14T00:00:00+00:00

CODA, the finance software specialist, today announced it is recruiting a dedicated sales and marketing team to support the new Software as a Service offering.

CODA 2go, CODA’s new international accounting system, will provide companies of all sizes with financials on demand. The new recruits will focus on sales and marketing solely for CODA 2go and CODA’s on-demand market strategy. They will join a dedicated team within CODA focusing on the on-demand market. The extreme flexibility of the design of CODA 2go will enable it to address the accounting system needs of a huge range of customers – from those with just tens of employees to those with tens of thousands.

“The level of feedback and demand we are already seeing is highly encouraging as we start to build our ‘go to market’ team,” said David Turner, Group Marketing Director at CODA. “CODA 2go will further extend our wide choice of supported technology platforms and allow us to address an even broader range of organisations. We are growing a business around a new product and delivery method which is very exciting for us, but means we need to approach sales and marketing in a different way. We believe it is important to evolve and build more flexibility into our go to market strategy as the choice of software delivery methods expands. We can see huge potential for this type of software delivery in the future.”

The first CODA 2go product will be launched at salesforce.com’s Dreamforce Europe user conference in London in May, just seven months after the partnership was formally announced. The first release, built on Force.com, salesforce.com’s Platform-as-a-Service, will address the end-to-end sales invoicing process. It enables users to create an invoice from within the CRM software at the click of a button and post the transaction to their sales ledger, simplifying the sales process. Users will be able to turn sales orders in their Salesforce CRM applications into cash more efficiently, manage customer accounts better and reduce working capital requirements.

Such is the interest in CODA 2go that CODA recently launched a blog (http://blog.coda2go.com/) which provides updates on the development of CODA 2go to keep finance and IT professionals and salesforce.com customers abreast of key developments in the on-demand marketplace. The level of interest and interaction this has generated is helping drive development efforts and it includes a comment posted by Marc Benioff, CEO and founder of salesforce.com who says: “It’s terrific to see the innovation and breakthrough technology coming from CODA on the force.com platform.”

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Force.com Platform and the AppExchange
Force.com (http://www.force.com/) reinvents the traditional development, deployment and distribution of any business application with platform-as-a-service. Developers, customers and partners can use Force.com to easily create a new generation of on-demand applications and deploy them worldwide as a service. Force.com allows applications to be easily shared, exchanged and installed with a few simple clicks via salesforce.com's AppExchange marketplace, enabling all the innovation that Force.com unleashes to be easily distributed to the entire on-demand community.

The AppExchange economy continues to expand, with thousands of customers installing applications via the AppExchange. Customers of all sizes can quickly and easily extend Salesforce with additional on-demand business applications available on the AppExchange, found at http://www.salesforce.com/appexchange/.

CODA announces completion of phase one in the development of its on-demand Financials, CODA 2go, built on Salesforce.com�s Force.com Platform

FinancialForce.com — 2008-01-17T00:00:00+00:00

CODA Group, the finance software specialist, today announced it has completed the first phase in the development of CODA 2go, CODA’s powerful global accounting system which will provide companies of all sizes with finance on demand.

Following the announcement of a strategic alliance with salesforce.com at its Dreamforce user and developer conference in September, CODA has already completed development of an end-to-end sales invoicing process built on Force.com, salesforce.com’s Platform-as-a-Service. The new development is an excellent complement to Salesforce CRM applications, allowing users to create an invoice at the click of a button and post the transaction to their Accounts Receivable ledger, simplifying the sales process.

The new CODA 2go product will be unveiled at the first-ever European Dreamforce event in London in May 2008. It will deliver Accounts Receivable as a service to support the order-to-cash process, including generating invoices, posting cash and cash management. Users will be able to turn sales orders in their Salesforce CRM applications into cash more efficiently, manage customer accounts better and reduce working capital requirements.
Sales invoicing represents a successful first phase in a fast-moving product development process. Further releases of CODA 2go on Force.com will cover general ledger, procure-to-pay and other accounting processes, giving full visibility and control over an organisation’s finances. CODA 2go offers the full multi-country, multi-company features that CODA has become synonymous with.

“Using the same agile development methodology as salesforce.com we are pleased to announce this important milestone,” said Debbie Ashton, head of product management at CODA. “We have made use of Visualforce in the development process, which has allowed us to heavily customise the user interface so that for example, invoices are generated in a familiar format for users. The CODA 2go screens will have a similar look and feel as the salesforce.com application, so moving between the finance application and the CRM application will be a seamless experience. We have developed a close working relationship with salesforce.com and we are confident that the final application will be unrivalled in the marketplace given our pedigree in delivering finance systems.”

Salesforce.com’s Visualforce provides a complete framework for building and deploying any kind of user experience, and enabling any kind of interface design and interaction to be built and delivered entirely on demand. These user interfaces can extend the standard force.com look and feel, or replace it with a complete unique style and set of interactions, allowing the power of Platform-as-a-Service can to be extended to virtually any requirement.

Commenting on collaboration efforts, Clarence So, Chief Marketing Officer at salesforce.com said: “CODA has impressed us in its development approach. They are showcasing the power and innovation possible with Force.com and Visualforce. We’re thrilled that customers will be able to take advantage of CODA’s market-leading finance applications on Force.com to extend the benefits of Platform-as-a-Service throughout their enterprise.”

To support development efforts, CODA has today launched a blog designed to provide updates on the development of CODA2go as well as keeping finance and IT professionals and salesforce.com customers abreast of key developments in the on-demand marketplace. The blog can be accessed at http://blog.coda2go.com/

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About Force.com Platform and the AppExchange
Force.com (http://www.force.com/) reinvents the traditional development, deployment and distribution of any business application with platform-as-a-service. Developers, customers and partners can use Force.com to easily create a new generation of on-demand applications and deploy them worldwide as a service. Force.com allows applications to be easily shared, exchanged and installed with a few simple clicks via salesforce.com's AppExchange marketplace, enabling all the innovation that Force.com unleashes to be easily distributed to the entire on-demand community.

The AppExchange economy continues to expand, with thousands of customers installing applications via the AppExchange. Customers of all sizes can quickly and easily extend Salesforce with additional on-demand business applications available on the AppExchange, found at http://www.salesforce.com/appexchange/.

CODA and Salesforce.com Announce New CODA 2go Enterprise Accounting System Built on the Force.com On-Demand Platform

FinancialForce.com — 2007-09-16T23:00:00+00:00

CODA Group [CODA: AIM], the global finance systems specialist, and salesforce.com, [NYSE: CRM] the market and technology leader in on-demand business services, today announced a strategic alliance that will see CODA develop the first on-demand financial system built natively on salesforce.com’s Force.com on-demand platform. CODA’s new service, CODA 2go, will offer companies of all sizes a real-time, global finance system on demand. The alliance was announced today at Dreamforce ‘07, salesforce.com’s User and Developer Conference in San Francisco.

“CODA’s on-demand financial system showcases the power of the Force.com platform for building and delivering any kind of application on-demand,” said George Hu, Chief Marketing Officer, salesforce.com. “We share a common vision with CODA to enable customers to manage and share all of their business information entirely on-demand.”

“Software as a Service is a logical extension of CODA’s ‘open platform’ commitment. Delivering CODA 2go on salesforce.com’s Force.com platform will allow CODA to offer our product portfolio to a far wider range of businesses,” said Jeremy Roche, CEO of CODA. “CODA 2go is a powerful unified ledger accounting system that addresses the needs of organizations from tens of employees to tens of thousands. Good financial control matters to big and small organizations alike, and we believe CODA 2go will bring to finance what Salesforce has to CRM – delivering enterprise strength capabilities to the whole market on demand.”

CODA’s long established strategy is to provide solutions for CFOs and their finance teams in organisations of all sizes, to meet the business challenges of their finance function, what ever they may be.

The first release of CODA 2go is expected for delivery during early 2008, and will address revenue management, including creating and managing sales orders, generating invoices, posting cash and cash management. The service will then be quickly expanded to cover procurement and the full range of financial management activities.

CODA also unveiled an integration application, CODA Integrator for salesforce.com, to allow users of salesforce.com’s Force.com platform and CRM applications to interact with CODA’s current enterprise accounting system, Financials, creating an integrated front-to-back office application.

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Force.com Platform and the AppExchange
Force.com is the on-demand platform for the next generation of business applications. Force.com reinvents traditional customization and integration and enables the creation of a whole new generation of on-demand applications that go beyond client/server computing. Force.com allows applications to be easily shared, exchanged and installed with a few simple clicks via salesforce.com's AppExchange marketplace, enabling all the innovation that Force.com unleashes to benefit the entire on-demand community.

The AppExchange economy continues to expand as thousands of salesforce.com customers have installed thousands of on-demand business applications available on the AppExchange, found at http://www.salesforce.com/appexchange.

About salesforce.com
Salesforce.com is the market and technology leader in on-demand business services. The company’s Salesforce suite of on-demand CRM applications allows customers to manage and share all of their sales, support, marketing and partner information on-demand. Force.com, the world’s first on-demand platform, enables customers, developers and partners to build powerful new on-demand applications that extend beyond CRM to deliver the benefits of multi-tenancy and The Business Web across the enterprise. Force.com allows applications to be easily shared, exchanged and installed with a few simple clicks via salesforce.com's AppExchange marketplace, available at http://www.salesforce.com/appexchange. Customers can also take advantage of Successforce, salesforce.com’s world-class training, support, consulting and best practices offerings.

As of July 31, 2007, salesforce.com manages customer information for approximately 35,300 customers including ABN AMRO, Dow Jones Newswires, Japan Post, Kaiser Permanente, KONE, Sprint Nextel, and SunTrust Banks. Any unreleased services or features referenced in this or other press releases or public statements are not currently available and may not be delivered on time or at all. Customers who purchase salesforce.com applications should make their purchase decisions based upon features that are currently available. Salesforce.com has headquarters in San Francisco, with offices in Europe and Asia, and trades on the New York Stock Exchange under the ticker symbol "CRM". For more information please visit http://www.salesforce.com, or call 1-800-NO-SOFTWARE.

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