UNIT4 promises reporting revolution
The next wave of UNIT4 software will “revolutionise reporting and analysis”, according to UK managing director Anwen Robinson.
Speaking at the company’s user conference in Manchester today, Robinson (pictured on stage, above) said the UK market was becoming a focus for this kind of innovation.
A European combine that brought together the UK’s CODA with Agresso under one banner, UNIT4 maintains several product lines. It’s new wave software was best represented by a new version of CODA Financials that will be named Destination: Control
CODA presenter Craig Bassingthwaite invoked a new buzz phrase for fast-moving Businesses Living IN Change (“BLINC”) and explained how the Destination: Control release will give financial managers more “power control” to deal with the increase in volume and “precision control” for laser-sharp execution.
Some 15 months in development, Destination: Control (or Version 12 as it is more prosaically known) is set for release in October. Among its new features will be:
- Graphs in reports
- More controls in data entry
- Ability to raise a corrective journal and define it that will behave
- Export data to multiple formats
- Predictive text entry
- Soft date use in browser reports.
The final development stages have been driven by customer suggestions, and Bassingthwaite said it would be fully road-tested before hitting the market. However, he added that from October, customers will only be supported with versions V11.3 and Destination: Control – so customers not yet on version 11 will be encouraged to upgrade.
The CODA release differs from some of the rest of the UNIT4 products, which reflect a new naming style, as in the recently introduced File4 web filing service and companion products Sustain4 and Linked4.
CODA Financials session, product manager Michele Reason said the Linked4 open data management system would be of particular interest to public sector customers, where transparency was increasingly important. The private sector, too, will soon follow in demanding tighter data integration with external organisations.
UNIT4 is one of several software companies pushing the corporate social responsibility and sustainability agenda within financial reporting and this was reflected in the Sustain4 product, which the company hopes will set a benchmark for improved environmental performance and sustainability reporting.
“This is the direction we are heading and Sustain4 will make you more aware of how to evolve in this area,” UNIT4’s vice president of product marketing told the audience.