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Planning and budgeting. (Technology Tools).


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.
 Group, a global provider of financial accounting and procurement software Procurement software is business software that helps to automate the purchasing function of organizations. Activities including raising and approving purchase orders, selecting and ordering the product or service, receiving and matching the invoice and order, and paying the bill is , has extended its financial intelligence suite with the launch of CODA-Planning, a major new consolidation and planning solution. The company says the addition of CODA-planning, powered by cognos [R] technology, will help businesses close the traditional planning gap by providing full budgeting, forecasting and consolidation functionality that integrates directly with their existing financial accounting and procurement solutions from CODA. CODA is Cognos Finance's first global partner, combining Cognos' business intelligence technology with CODA-Intelligence.

Key CODA-Planning features include push-button (electronics) push-button - A roughly fingertip-sized plastic cover attached to a spring-loaded, normally-open switch, which, when pressed, closes the switch. Typical examples are the keys on a computer or calculator keyboard and mouse buttons.  statutory and management consolidation, top-down "what-if?" scenarios, bottom-up business driver planning, balanced scorecard Balanced Scorecard

A performance metric used in strategic management to identify and improve various internal functions and their resulting external outcomes. The balanced scorecard attempts to measure and provide feedback to organizations in order to assist in implementing
 analysis, multidimensional mul·ti·di·men·sion·al  
adj.
Of, relating to, or having several dimensions.



multi·di·men
 slice-and-dice, self-service reporting and full trend analysis. These features, CODA says, can turn planning from a monthly or quarterly job to a nonstop HP's brand name for its fault-tolerant servers, which range in size from four CPUs to 4,000 CPUs. The NonStop line was created by Tandem Computers, which was acquired by Compaq, which later became part of HP. , high-participation activity that can deliver real bottom line impact.

CODA-Planning also features full Web support with single development -- reports and input forms are developed once and can then be delivered over any medium. Financial statements, management reports and budgeting can be delivered over the Web, and the product has full security for network- or Web-based use. It integrates with multiple data sources and offers a full range of allocation methods and inter-company eliminations. CODA-Planning also supports comprehensive currency conversion, unique submissions and fast and efficient consolidations.

Web: www.coda.com
COPYRIGHT 2002 Financial Executives International
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Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:CODA Group PLC introduces CODA-Planning software
Publication:Financial Executive
Article Type:Brief Article
Geographic Code:4EUUK
Date:May 1, 2002
Words:217
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