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CODA to Develop Real-Time Accounting System

 

CODA on Monday announced plans to develop the first on-demand financial system built using Salesforce.com (NYSE:CRM)   Dreamforce Conference's Force.com on-demand platform.

The new service, CODA 2go, will provide businesses with a real-time, unified ledger accounting system. It will initially help businesses manage revenue, including creating and overseeing sales orders, generating invoices, posting cash and managing cash, and will be expanded to cover procurement and other financial management activities.

"Software as a Service is a logical extension of CODA's open platform commitment," Jeremy Roche, CEO of CODA said in a statement. "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."

CODA 2go is expected to be available in early 2008.

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