CODA launches SAP tool
Control Manager aims to ease the period-end close process
CODA has launched CODA-Control Manager, a tool to make the period-end close
process faster for SAP users.
CODA CEO Jeremy Roche said that much of the close process was undertaken
outside of accounting systems in finance departments, and the tool would help
business close faster and more controlled.
‘Month-end close in virtually all organisations involves the finance
department completing thousands of manual tasks – chasing other departments and
subsidiaries for information, checking and adjusting data, making decisions
around areas like credit control and bad debt provisions, posting journals and
so on,’ said Roche.