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Mothercare selects CODA for group-wide accounting system

• Flexible chart of accounts and integration capability will support new business model
• CODA maintains its stronghold in the retail sector

CODA Group, the finance software specialist, today announced that Mothercare plc has signed a contract for its Financials software and services.

Already in use at two subsidiaries within Mothercare, CODA underwent a competitive evaluation and was chosen as the preferred system for group-wide accounting at the International high street retailer. Its flexible nature and user definable screens, along with its ability to integrate smoothly with the retailer’s other business systems, were instrumental in the decision.

“We are confident that CODA’s software will support our complex Group structure,” said Mike Rainer, Group Financial Controller at Mothercare. “The CODA team worked closely with us to show how the core product functionality, along with its consolidation and reporting capabilities, would meet our critical business issues. CODA will link our merchandising and EPoS environments into our financial management systems helping us to automate further our accounting processes.”

CODA’s dedicated retail accounting solution supports core accounting and procurement processes as well as specialist retail accounting processes and reporting requirements. It links seamlessly to leading merchandising and EPoS systems. The level of detail that can be captured in the CODA system means that all store transactions are held in great detail, enabling in-depth analysis and reporting – for example by period, by week, by day, by store. It also offers sophisticated high-volume invoice matching which is vital for any retailer.

Mothercare was also impressed by CODA’s reporting and analysis capabilities and has selected additional products including XL, Procurement, Invoice Matching, Assets and CODA’s consolidation software. The addition of an integrated business intelligence tool from Cognos will mean that Mothercare has end to end accounting, reporting and analysis capabilities.

Photography to accompany this release can be downloaded at www.coda.com/mothercare

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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 both the Dutch and Norwegian stock exchanges. 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.

For more information, please visit: www.coda.com, or call:

Emma Hoyle
Group PR Consultant
CODA Group
+44 1423 537 977
emma.hoyle@coda.com

S080115 www.coda.com

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