Coda, the AIM-listed financial software group, has sealed a groundbreaking deal with salesforce.com that will allow it run its software entirely on salesforce.com's platform.
The service, which will be known as Coda 2go, will be developed natively on salesforce.com's 'Force.com' platform, and promises to offer a real-time finance system 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 Coda chief executive Jeremy Roche.
'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 of salesforce.com.
The first release of the new product 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 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.
The launch announcement follows hot on the heels of Coda's release of Neon, it's most ambitious software launch ever.
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