FinancialForce.com to use CODA’s pre-existing cloud accounting application
Salesforce.com, an enterprise cloud computing company, has partnered with Unit 4 Agresso, the parent company of CODA, a financial software provider to create FinancialForce.com, a new company that delivers finance and accounting applications in the cloud.
Both Unit 4 Agresso and salesforce.com are investing in FinancialForce.com, which leverages CODA’s cloud accounting application formerly known as CODA 2go, which has been transferred into the new company.
The CODA 2go team and products have transferred to FinancialForce.com, which will be run from the company’s new corporate headquarters in San Mateo, California and from its EMEA headquarters in Harrogate in the UK.
FinancialForce.com already has established sales, pre-sales and support teams in North America and the UK to take the new offering to market. Salesforce.com will provide support for FinancialForce.com, giving customers of both Salesforce CRM and FinancialForce applications a single consistent point of contact.
Jeremy Roche, CEO of CODA, has been appointed president and CEO of FinancialForce.com. Mr Roche, said: In establishing FinancialForce.com we are revolutionising the future of accounting. We are enabling customers of all sizes to choose accounting as part of a broader, integrated cloud computing solution and giving them the power of enterprise accounting without the pain of owning the software themselves.