MANCHESTER, NH--(Marketwire - Aug 7, 2012) - For more than 80 years, Greater Boston leading retailer Jordan's Furniture has prided itself on providing "not just a store, it's an experience." At the root of that vision is a deep commitment to innovation, both in the way the company treats employees, partners and customers and in the way it operates. Over 20 years ago, the company purchased an ERP system that has grown with their merchandising, inventory and other operational needs. But when the time came time to modernize the budgeting module, Jordan's Furniture ultimately decided to select a best-of-class financial management solution that had the right ingredients to spur innovation well into the future. Jordan's Furniture selected award-winning Coda Financials, a suite of best-of-class financial management and accounting software designed to integrate with industry- and company-specific applications, from UNIT4 CODA.
"We have a great IT department that has been able to customize our ERP system over the years as we have grown," said Steve Wholley, Vice President of Finance, Jordan's Furniture. "But the financial module was no longer keeping up, and the temporary fixes had reached a point where they were expensive to maintain. While we initially thought we'd replace just the budgeting and planning module, it became clear through the RFP process that a best-of-class solution that co-exists well with our current system was the way to go."
Jordan's Furniture evaluated several financial solutions on the market, including those from ERP vendors. With five high-volume stores across Massachusetts, New Hampshire and Rhode Island, management wanted to have real-time tracking and reporting capabilities across all locations, with the ability to drill down to a very granular level by multiple variables. The single ledger and flexible chart of accounts that Coda Financials offers will enable management to perform more accurate and detailed analysis than other solutions it examined.
"Ultimately, the budget and planning modules of Coda Financials, coupled with its ease of integration and deep functionality won the day," continued Wholley. "As an added bonus, the UNIT4 CODA team has been very easy to work with, and this bodes well for our partnership well into the future."
According to Steve Pugh, CEO of UNIT4 CODA, "Jordan's Furniture's business is one of constant change, constant innovation, and customer-focus. Every decision and purchase it makes has to show clear benefits and add significant value in how it operates in the high pressure world of retail. Jordan's has a clear vision of the future, and sees Coda Financials as a strategic system that will help it realize that vision."
About UNIT4 CODA
UNIT4 CODA, Inc. is part of UNIT4, a $603 million global business software company aimed at helping dynamic organizations to embrace change simply, quickly and cost effectively. Coda Financials is best-of-class financial management software designed to integrate with industry- and company-specific applications. Coda Financials provides real-time financial visibility and control across people, processes and systems. By acting as the financial information backbone for companies with fast-changing and mixed application environments, it offers a "no compromise" approach to financial modeling, process controls and application choice. For more information on UNIT4 CODA, visit http://www.unit4coda.com. Follow us on Twitter and LinkedIn or visit http://blog.unit4coda.com.