CODA and Announce New CODA 2go Enterprise Accounting System Built on the On-Demand Platform

Customers will be able to run powerful accounting system from Europe's leading financial systems provider entirely on's platform-as-a-service

SAN FRANCISCO - Dreamforce Conference - September 17, 2007 - CODA Group [CODA: AIM], the global finance systems specialist, and [NYSE: CRM], the market and technology leader in on-demand business services, today announced a strategic alliance that will see CODA develop the first on-demand financial system built natively on's on-demand platform. CODA's new service, CODA 2go, will offer companies of all sizes a real-time, global finance system on demand. The alliance was announced today at Dreamforce '07,'s User and Developer Conference in San Francisco.

"CODA's on-demand financial system showcases the power of the platform for building and delivering any kind of application on-demand," said George Hu, Chief Marketing Officer, "We share a common vision with CODA to enable customers to manage and share all of their business information entirely on-demand."

"Software as a Service is a logical extension of CODA's 'open platform' commitment. Delivering CODA 2go on's platform will allow CODA to offer our product portfolio to a far wider range of businesses," said Jeremy Roche, CEO of CODA.  "CODA 2go is a powerful unified ledger accounting system that addresses the needs of organizations from tens of employees to tens of thousands. Good financial control matters to big and small organizations alike, and we believe CODA 2go will bring to finance what Salesforce has to CRM - delivering enterprise strength capabilities to the whole market on demand."

CODA's long established strategy is to provide solutions for CFOs and their finance teams in organisations of all sizes, to meet the business challenges of their finance function, what ever they may be.

The first release of CODA 2go is expected for delivery during early 2008, and will address revenue management, including creating and managing sales orders, generating invoices, posting cash and cash management. The service will then be quickly expanded to cover procurement and the full range of financial management activities.

CODA also unveiled an integration application, CODA Integrator for, to allow users of's platform and CRM applications to interact with CODA's current enterprise accounting system, Financials, creating an integrated front-to-back office application. Platform and the AppExchange reinvents the traditional development, deployment and distribution of any business application with platform-as-a-service. Developers, customers and partners can use to easily create a new generation of on-demand applications and deploy them worldwide as a service. allows applications to be easily shared, exchanged and installed with a few simple clicks via's AppExchange marketplace, enabling all the innovation that unleashes to be easily distributed to the entire on-demand community.
The AppExchange economy continues to expand, with thousands of customers installing thousands of applications via the AppExchange.  Customers of all sizes can quickly and easily extend Salesforce with additional on-demand business applications available on the AppExchange, found at

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