Taking a bite out of Coda
Published: 10 April 2008 11:02 GMT
Greggs the bakers has signed a contract for financials software from Coda worth £600,000 in the first year.
silicon.com Retail & Leisure
Get the latest retail and leisure news straight to your inbox. Sign up for the R&L newsletter today!
The software will be used by 100 finance staff looking after 1,350 shops and will consolidate 10 regional systems into a central shared-service accounting model.
The system will also allow Greggs to move from a quarterly reporting cycle to a monthly one, and provide more detailed financial information from each store.
Greggs has also purchased a reporting add-on for asset counting, billing, invoice-matching and business intelligence.
In a statement, Greggs finance systems manager Lee Massingham said: "The chosen application will support both our divisional structure and our requirement to provide increasingly timely, accurate information at shop level. The product will interface to our existing manufacturing and Epos applications helping us to further automate our accounting processes."
The news comes as the company announced the appointment of Sainsbury's retail director as its new chief executive, replacing Sir Michael Darrington.
How to squeeze the last drops of savings from an outsourcing contract
Revealed: The apps you'll have on your phone in 2012
Clouds clear as Microsoft gives Azure a January launch date
UK ID cards rollout hit by delay as launch date revealed
The software that can save you big bucks? You've already got it
Our client is a well known and respected boutique asset manager with a long term and responsible view to delivering investment returns. You will have ...
Thinkfolio Application Support- Asset Management- London. Our client is one of the highest performing and fastest expanding Asset Management ...
This is an excellent opportunity to step into the world of asset management in a leading organisation. GLOBAL INVESTMENT TRADING HOUSE seeks a ...
Agenda Setters 2009
Welcome to the ninth annual Agenda Setters poll – silicon.com's list of the top 50 most influential individuals in the technology and IT industries, from techies and CIOs to entrepreneurs and business leaders. Find out more in our latest special report.
Stories from the web...
Copyright © 2008 CBS Interactive Limited. All rights reserved. Top of page
Digg
Slashdot
Del.icio.us
Stumble
Reddit
RSS Feeds
Petra Papinniemi
Legal Eye: Ecommerce held back by outdated laws
No wonder no one's buying...
Matthew Cushen
E-tailers: Be choosy overseas
Markets are not always what they seem
Tim Ferguson
'If you look at iPlayer from a distance, it's still very web 1.0'
Q&A: Erik Huggers, director, BBC's Future, Media and Technology
Kit Burden
Legal Eye: Tech could brighten retailers' gloom
Regulation and recession loom
Matthew Cushen
Retailers: Look to emerging markets
Comment: Massive opportunities if you get the IT right
Julian Goldsmith
How Zavvi lost its Virginity
IT director Tony Johnson on the retailer's changing web strategy