Coda joins RM in schools financial systems deal

CODA plc, the finance systems specialist, today announced that it has signed a partnership agreement with RM to integrate CODA-Financials as the financial element of its new generation of enterprise management systems for primary and secondary schools.

RM is the leading provider of information and communication technology (ICT) solutions to schools in the UK, and the leading provider of school management systems in Australia. Worldwide, over 8,000 schools rely on RM systems to support school business processes and inform school management. The new package will be marketed as IntegrisG2 Finance.

'Our new IntegrisG2 Finance system will be hosted centrally and accessed by schools over the web, providing a single enterprise solution for all schools in a local authority, consortium or jurisdiction,' said Colin Watson, managing director of RM Education Management Systems.

'We were impressed with the power, flexibility and simplicity of CODA-Financials and believe that the Integris solution is now unrivalled in the school enterprise systems market. Schools and all their stakeholders need secure access to vital operational and performance information and our systems make live data readily available.'

Steven Dashwood, managing director of CODA GB Ltd said that the partnership 'represents an important new go-to-market strategy in CODA’s approach to schools and we are looking forward to working closely with RM.

'Using CODA-Financials, local authorities and schools will have secure access to accurate, real-time financial data helping them to make the best decisions. It will offer schools efficient financial control that many haven’t had before to more accurately analyse expenditure against budgets and allocate available resources to avoid overspend. Historically, this is the type of application where CODA’s software really excels, so we expect a good level of interest in the offering over the coming months.'

A Coda spokesperson said that it would be entering into a revenue sharing arrangement with RM, based on the number of sales completed for the web-hosted solution.  

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