• The Four Hundred
  • Subscribe
  • Media Kit
  • Contributors
  • About Us
  • Contact
Menu
  • The Four Hundred
  • Subscribe
  • Media Kit
  • Contributors
  • About Us
  • Contact
  • IBM i Push Pays for Financials Specialist UNIT4 CODA

    May 24, 2011 Alex Woodie

    UNIT4 CODA made a big splash at the recent COMMON conference in Minneapolis. The developer of advanced financial software, which was one of only two pure application vendors at the show, used the venue to showcase its 25-year history supporting the IBM i platform, as well as its alliance with fellow Oracle-slayer, IBM.

    CODA Financials may not be a household word in the IBM i world. It doesn’t present a picture or an idea in your mind the same way that “JD Edwards” (gold-standard ERP) or “Dr. Frank Soltis” (grandfather of the AS/400) do.

    But the size and scope of the CODA Financials business on the IBM i platform may surprise you. Consider this: If CODA was a standalone entity, it would bring in $120 million in revenue per year. (But alas, CODA is but a fraction of the $576 million Dutch IT company, UNIT4).

    Here’s another fun CODA fact: 30 to 40 percent of the entity’s revenue results from implementations on the IBM i platform. Simple math says this is almost a $50 million business for the peculiar Power Systems flavor.

    That’s nothing to sneeze at. In fact, it’s something to shout about, which is exactly what UNIT4 CODA was doing in Minneapolis three weeks ago.

    “Since the early 1980s, CODA Financials has always run natively on IBM platforms–initially AS/400 and now Power Platform with DB2,” stated UNIT4 CODA CEO Steve Pugh in a press release. “Power Systems users are assured that their businesses have the most flexible and adaptable financial accounting system.”

    The Java-based CODA Financials package excels in complicated business environments, particularly those that require multi-lingual, multi-currency, or multi-subsidiary capabilities. The product is often touted as a best-of-breed package that combines functional areas of accounting, such as accounts receivable, accounts payable, general ledger, and budgeting, into a single product backed by a single database. The capability to customize a CODA Financials implementation is another benefit often touted by the developer.

    CODA is gaining recognition within UNIT4, particularly when it wins a deal against Oracle, says Peter Witham, vice president of sales for UNIT4 CODA.

    While at the COMMON show in Minneapolis, Witham related a recent customer win against Oracle at a hedge fund. After the proof of concept was completed, the hedge fund declared CODA Financials the hands down favorite against the vaunted Oracle financials package. “It proves we’re a true tier-one financial system,” Witham says.

    Such stories also play well within IBM, which sees Oracle as perhaps its biggest competitor in the enterprise computing space. The combination of fast Power Systems hardware and CODA Financials software running on the IBM i operating system provides a formidable financials system that can scale to handle the largest Fortune 100 clients. And that gives both companies something to cheer about.

    That UNIT4 CODA, which is based in the UK and has US offices in Manchester, New Hampshire, is renewing its commitment to IBM i should give platform backers something to cheer about. In a time when few application vendors are touting their capability to run on the IBM i server, UNIT4 CODA’s recent IBM i push in marketing, sales, and business development is commendable.

    Witham admits that being the best financial package in this market doesn’t mean what it may have at one time. “We’re a bigger fish in a smaller pond,” he says. “It’s a niche for us on IBM i. On Windows, there are 20-plus financial packages. There’s not a lot of vendors flocking to the IBM i.” Just the same, he says the IBM i commitment is paying off.

    By the way, the only other application vendor exhibiting at the recent COMMON show was Kronos. The rest of the software companies were tools and utilities vendors. The days of seeing the big enterprise application (ERP, SCM, WMS, etc.) vendors at COMMON are over.

    For more information on UNIT4 CODA, visit the vendor’s website at www.unit4coda.com.

    RELATED STORIES

    Key to Resell UNIT4 CODA Financials

    Superior Bulk Logistics Taps UNIT4 CODA for Financials

    UNIT4 CODA Touts Financial App on IBM i



                         Post this story to del.icio.us
                   Post this story to Digg
        Post this story to Slashdot

    Share this:

    • Reddit
    • Facebook
    • LinkedIn
    • Twitter
    • Email

    Tags:

    Sponsored by
    VISUAL LANSA 16 WEBINAR

    Trying to balance stability and agility in your IBM i environment?

    Join this webinar and explore Visual LANSA 16 – our enhanced professional low-code platform designed to help organizations running on IBM i evolve seamlessly for what’s next.

    🎙️VISUAL LANSA 16 WEBINAR

    Break Monolithic IBM i Applications and Unlock New Value

    Explore modernization without rewriting. Decouple monolithic applications and extend their value through integration with modern services, web frameworks, and cloud technologies.

    🗓️ July 10, 2025

    ⏰ 9 AM – 10 AM CDT (4 PM to 5 PM CEST)

    See the webinar schedule in your time zone

    Register to join the webinar now

    What to Expect

    • Get to know Visual LANSA 16, its core features, latest enhancements, and use cases
    • Understand how you can transition to a MACH-aligned architecture to enable faster innovation
    • Discover native REST APIs, WebView2 support, cloud-ready Azure licensing, and more to help transform and scale your IBM i applications

    Read more about V16 here.

    Share this:

    • Reddit
    • Facebook
    • LinkedIn
    • Twitter
    • Email

    Sponsored Links

    VAULT400:  Take a 14-question Disaster Recovery Survey, 4 will win $50 Visa gift card
    SEQUEL Software:  View the recorded Webinar: 10 Ways SEQUEL Makes Developers More Productive
    looksoftware:  FREE Webcast: RPG Open Access Demystified. June 7 (Europe) & June 8 (USA)

    IT Jungle Store Top Book Picks

    BACK IN STOCK: Easy Steps to Internet Programming for System i: List Price, $49.95

    The iSeries Express Web Implementer's Guide: List Price, $49.95
    The iSeries Pocket Database Guide: List Price, $59
    The iSeries Pocket SQL Guide: List Price, $59
    The iSeries Pocket WebFacing Primer: List Price, $39
    Migrating to WebSphere Express for iSeries: List Price, $49
    Getting Started with WebSphere Express for iSeries: List Price, $49
    The All-Everything Operating System: List Price, $35
    The Best Joomla! Tutorial Ever!: List Price, $19.95

    Attachmate Busts Apart SUSE from Novell, Puts Own People in Charge Finding Duplicate Rows in a Name and Address Table

    Leave a Reply Cancel reply

Volume 11, Number 19 -- May 24, 2011
THIS ISSUE SPONSORED BY:

ProData Computer Services
PowerTech
JAMS Job Scheduler
Maxava
CNX

Table of Contents

  • SAP Unveils HANA for In-Memory BI
  • SafeData Cloud Runs IBM i DR and Production Workloads
  • Multifunction Printer Workflow and Document Design Get inFORM’s Attention
  • IBM i Push Pays for Financials Specialist UNIT4 CODA
  • IBM i Gets Some Loving at developerWorks
  • LXI Remerges with Re-Architected Backup Software for IBM i
  • Krengel Launches Card Authorization Software for IBM i
  • HiT Offers API for Data Replication Tool
  • Varonis Strengthens Control over Unstructured Data
  • ASCI Job Scheduler Gets Hooks for Nagios

Content archive

  • The Four Hundred
  • Four Hundred Stuff
  • Four Hundred Guru

Recent Posts

  • Liam Allan Shares What’s Coming Next With Code For IBM i
  • From Stable To Scalable: Visual LANSA 16 Powers IBM i Growth – Launching July 8
  • VS Code Will Be The Heart Of The Modern IBM i Platform
  • The AS/400: A 37-Year-Old Dog That Loves To Learn New Tricks
  • IBM i PTF Guide, Volume 27, Number 25
  • Meet The Next Gen Of IBMers Helping To Build IBM i
  • Looks Like IBM Is Building A Linux-Like PASE For IBM i After All
  • Will Independent IBM i Clouds Survive PowerVS?
  • Now, IBM Is Jacking Up Hardware Maintenance Prices
  • IBM i PTF Guide, Volume 27, Number 24

Subscribe

To get news from IT Jungle sent to your inbox every week, subscribe to our newsletter.

Pages

  • About Us
  • Contact
  • Contributors
  • Four Hundred Monitor
  • IBM i PTF Guide
  • Media Kit
  • Subscribe

Search

Copyright © 2025 IT Jungle