Coda Financials Review - why 4.3 stars?
Compare PricingITQlick Score: | 85/100 |
---|---|
ITQlick Rating: |
|
Pricing: | 8.4/10 - high cost |
Category: | Accounting & Finance -> Coda Financials review |
Ranking: | Ranked 32 out of 419 Accounting & Finance systems |
Company: | UNIT4 Business Software |
Pricing: | starts at $10 per month |
Typical customers: | Medium and large size businesses |
Platforms: | Desktop |
Links: | Coda Financials pricing, Coda Financials alternatives |
Shlomi Lavi / updated: Apr 25, 2022
This software was developed by CODA Financials, Inc. was bought by Unit4 Business Software Ltd. CODA Financials, Inc. CODA was founded in 1988 and is stationed at Manchester, New Hampshire.
With it offices spread around the globe, UNIT4 is also able to include regional expertise and additional solutions in a number of other market sectors based on the specific needs on the ground.
Notable customer currently making use of the software are Royal Borough of Windsor Maidenhead, Numedalsregionen, Exeter College, IKEA and Royal Haskoning.
Coda Financials helps your business streamline financial processes and improve corporate governance as it complies to the laws of the state. The software offers you functions that include accounting, spend management, Planning & Forecasting, Reporting & Business Intelligence, Process & Control Automation and Reporting & Business Intelligence.
We publish unbiased reviews. Our opinions are our own and are not influenced by payments from advertisers. This content is reader-supported, which means if you leave your details with us we may earn a commission. Learn why ITQlick is free .
Table of Contents
What is Coda Financials?
Unit4 Financials or formerly known as Coda Financials is a cloud-based or on-premise financial and accounting management solution for medium to large companies. It features include spend management, fixed assets, accounts payable and receivable, requisition, budgeting, and project accounting.This software was developed by CODA Financials, Inc. was bought by Unit4 Business Software Ltd. CODA Financials, Inc. CODA was founded in 1988 and is stationed at Manchester, New Hampshire.
Who is it best for?
Coda Financials was developed to support businesses all around the world. The software has the tools to help the local government, education and research, professional and financial services, retail stores, transport and logistics, wholesales and distribution.With it offices spread around the globe, UNIT4 is also able to include regional expertise and additional solutions in a number of other market sectors based on the specific needs on the ground.
Notable customer currently making use of the software are Royal Borough of Windsor Maidenhead, Numedalsregionen, Exeter College, IKEA and Royal Haskoning.
Main features and functionalities
UNIT4 created Coda Financials to give you the power to build your own operational applications and combine it with their solution which will then represent a financial hub or an accounting plug-in. The software offers what is referred to as a “Link™ Architecture” which is a tool that facilitates real-time reporting and multidimensional analysis and allows for faster close.Coda Financials helps your business streamline financial processes and improve corporate governance as it complies to the laws of the state. The software offers you functions that include accounting, spend management, Planning & Forecasting, Reporting & Business Intelligence, Process & Control Automation and Reporting & Business Intelligence.
What is the actual cost?
The cost of license starts at $10 per month. ITQlick pricing score is 8.4 out of 10 (10 is most expensive). Access ITQlick pricing guide for Coda Financials. You can also find here pricing information from Coda Financials's website.Pros
- Excellent financial reporting system
- Easy to learn and use
- Supports multi-company, multi-currency, and multi-taxes
- Has a good customer support system including live chat, help desk and 24/7 telephone service
- Supports VAT tax, Business Intelligence and Payroll
Cons
- Software updates not compatible with IBM system
- More expensive than finance and accounting software in the market
- Cannot be synced with any bank account.
- The features available will not be enough to serve large enterprises
- Additional modules like Customer Relationship Management (CRM) and E-commerce are not available
How it stacks up?
Access a head to head analysis of Coda Financials vs alternative software solutions. ITQlick rating
Score
Pricing
License pricing
Functionality
Review
Compare
Coda Fin...
ITQlick rating
4.3/5
Score
85/100
Pricing
8.4/10
License pricing
$10 per month
Functionality
28
Review
Compare
Denali B...
ITQlick rating
4.1/5
Score
93/100
Pricing
2.6/10
License pricing
$1,999 per license
Functionality
16
Review
Compare
MoneyDesktop
ITQlick rating
4.7/5
Score
92/100
Pricing
5.2/10
License pricing
Pricing not available
Functionality
4
Review
Compare
MultiCHAX
ITQlick rating
3.4/5
Score
92/100
Pricing
7/10
License pricing
$99 per license
Functionality
5
Review
Compare
Intuit G...
ITQlick rating
3.2/5
Score
92/100
Pricing
6/10
License pricing
$12.50 per user/month
Functionality
3
Review
Compare
Frequently Asked Questions (FAQs)
Is Coda Financials right for you or your business?
Unit4 Financials is fit for medium to large companies in need of automated and advanced finance and accounting software. Unit4 Financials caters solutions to various public sectors, educational institutions, financial service providers, wholesalers, and professional service providers. Among its customers are Funeral Directors Life Insurance Company, Ambac Assurance, Cultural Care, Inc., and Bluffton University.List of categories
Billing & Invoicing
Budgeting & CPM
Core Accounting
Financial reporting
Fixed Asset Accounting
Fund Accounting
HR Accounting
Payroll Accounting
Project Accounting
Work Order Accounting
Human Resources Module
Medical Accounting
List of features
Accounts Payable
Accounts Receivable
Audit Trail
Billing & Invoicing
Budgeting & Forecasting
Cash Flow
Credit Card Processing
E-commerce
Fixed-Assets
Fund-Accounting
Multi-Currency
Project-Accounting
Purchase Orders
Sales Reporting
Tax compliance
Auditor - Shlomi Lavi
Shlomi Lavi is an entrepreneur and founder of ITQlick.com. He holds a Bachelor of Science (B.Sc.) in Information Systems Engineering from Ben Gurion University in Israel. Shlomi brings 17 years of global IT and IS management experience as a consultant and implementation expert for small, medium and large-sized (global) companies. Shlomi’s goal is to share the best knowledge and news about information systems so you can make smarter buying decisions for your business.