Nation's 10th-largest CPA/consulting firm selects CODA-Financials for enterprise accounting.MANCHESTER, N.H.--(BUSINESS WIRE)--Dec. 3, 1996-- Crowe Chizek Crowe Chizek and Company LLC is a professional services firm, with offices throughout the eastern United States, including Florida, Georgia, Illinois, Indiana, Kentucky, Michigan, New Jersey, Ohio, and Tennessee. to develop time and billing system and integrate with Client/Server Financial System Crowe, Chizek and Company LLP LLP - Lower Layer Protocol , the 10th-largest certified public accounting and information technology consulting Information technology consulting (IT consulting or business and technology services) is a field that focuses on advising businesses on how best to use information technology to meet their business objectives. firm in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , has selected CODA-Financials for its enterprise accounting system. CODA (1) A distributed file system developed at Carnegie Mellon University in the late 1980s. Evolving from the Andrews File System, Coda is noted for its ability to withstand network failures. See AFS. (2) A software company based in the U.K. was the unanimous choice to win the contract over several competitors. The CODA-Financials open client/server system, including general ledger General Ledger A company's accounting records. This formal ledger contains all the financial accounts and statements of a business. Notes: The ledger uses two columns: one records debits, the other has offsetting credits. , accounts payable and Cognos reporting tools, will support 16 concurrent users at Crowe Chizek's headquarters in South Bend South Bend, city (1990 pop. 105,511), seat of St. Joseph co., N Ind., on the great south bend of the St. Joseph River, in a farming and mint-growing region; inc. as a city 1865. , Ind. Founded in 1942, Crowe Chizek currently employs a staff of approximately 1,000 certified public accounts and information technology consulting professionals. The firm maintains offices in South Bend, Elkhart, Merrillville, and Indianapolis, Ind.; Columbus and Cleveland, Ohio; Grand Rapids, Mich.; Oak Brook, Ill.; Fort Lauderdale, Fla.; Louisville, Ky.; and Redhill, Surrey, England. Revenues reached $85 million this year. The firm is industry focused, with particular expertise in Financial Institutions, Systems Consulting, Manufacturing and Auto Dealerships. Agribusiness and Government are also strong business units. The firm's rapid growth in recent years and increasing attention to line-of-business reporting line-of-business reporting See segment reporting. have been outpacing the ability of the existing time and billing accounting system, prompting a search for a new package. However, after a thorough review of the packaged time and billing software market, Crowe Chizek decided to write its own system. As a result, the need for integration with an unspecified time and billing application was of critical importance in the selection of the financial accounting system. Crowe Chizek selected CODA based on CODA's ability to perform sophisticated accounting and reporting requirements and offer a complete application integration tool kit -- CODA Link -- for the time and billing system. CODA's open architecture, powerful reporting tools and ability to interface with new and existing applications were key criteria in Crowe Chizek's decision. "We selected CODA based also on the powerful integration tool kit they feature," said Lamont Long, MIS Director of Crowe Chizek. "CODA's seamless financial system integration capabilities are of crucial importance as we implement our newly developed time and billing functions." Crowe Chizek will build the time and billing system using Microsoft application development tools, including OLE2/ActiveX technology, to embed data update and validation functions with CODA-Financials running on Windows NT and SQL Server. The OLE2/ActiveX integration will provide Crowe Chizek with easy access to valid data, enabling the firm to streamline closing and reporting processes. "Crowe Chizek's expertise in their specialty areas has made it a highly respected professional-services firms," said CODA President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Robert Brown. "As the firm gains international recognition, the CODA-Financials software system will provide the accurate and timely financial information necessary for the firm's dynamic growth goals." CODA is a leading worldwide supplier of enterprise financial accounting software systems and services. The company develops, markets and supports CODA-Financials, a suite of "Best-of-Class" open client/server systems. Founded in 1979, CODA has more than 1,400 customers in 45 countries, including Avon, Amway, Booz, Allen & Hamilton, Caterpillar, CompuServe and Newsweek. CODA is listed on the London Stock Exchange London Stock Exchange London marketplace for securities. It was formed in 1773 by a group of stockbrokers who had been doing business informally in local coffeehouses. . CONTACT: CODA Inc. Edward F. Clough, 603/628-7287 cloughe@codainc.com or Geoghegan Associates Liora Bram, 617/863-9933 liora@spinpros.com or Crowe, Chizek and Company LLP Lamont Long, 219/236-8621 |
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