Unit4 Financials is coming to London – register today

Get ready for global, cloud-based financial management at our Unit4 Financials Roadshow – 4th June 2015, London

You shouldn’t let your financial software dictate what your organisation can or can’t achieve. Our latest release of Unit4 Financials (formerly Coda Financials) sets out to revolutionise the experience for users and introduces exciting new ways to empower and support your teams with the latest social, mobile, analytic and cloud technologies.

We’ve changed the way we’ve captured, structured and visualised data to allow our software to adapt to your business needs. This new freedom allows you to drive change within your organisation and work in the way that you want.

Version 13 has been shaped to the specific needs of your business giving you control, flexibility and power in your financial processes. To find out more, watch this short, informative video.

Create more perspective
Now it’s easier than ever for your organisation to build and benefit from its ideal business technology ecosystem, with the best in Unit4 financial and business management tools at its heart – underpinning and complementing your other specialised systems to deliver the insights and fresh perspectives that are vital to continued success.

Experience the difference
Unit4 Financials Version 13 has two unique capabilities, here’s a taster of what’s to come….

Flexi Fields    Capture more information in your system with Flexi Fields and do away with external sources.

Analyzer Improve your reports with Analyzer and present your data in clear and concise ways.

Time for change?
If you’ve skipped an upgrade, don’t worry. We can help you make the change TODAY. Here are just some of the additional benefits that Version 13 can bring to your organisation.

• Major improvements in background matching make Unit4 Financials Version 13 up to five times faster than Version 10.
• Access all your Unit4 Financials applications from a single intuitive menu.
• Feature improvements reflecting statutory requirements, customer enhancement requests and market innovation.
• Quicker and more efficient navigation to join business processes together.
• New browse capabilities can search across multiple data sources.
• Customise your screen layout using drag-and-drop, grouping and sorting capabilities.
• More flexible ways to display your data, including bar charts and line graphs.
• Run functions simultaneously thanks to multiple activity tabs.
• Flexibility to support unusual processes or you just want to do something different to the norm.

And all this is back up with:

A great user experience
A comprehensive new user experience. Faster, easier and more intuitive to use than ever before

Seamless Unit4 technology
New mobile capabilities and an interface that fits seamlessly into the Unit4 stable

Join us at our launch event to find out V13 can transform your business – Thursday 4th June, Conrad Hotel, London

Please click here for the agenda
And register today

Discover the first cloud ERP built for people at our Milestone 5 roadshow

Today’s people-centric organisations face a more complex and dynamic environment than ever.

New competitors, rising customer expectations and shifting market landscapes. When your organisation is adapting to constant changes in the market, technology and talent, you need to make your own rules to succeed.

Unit4 Business World is evolving to meet these challenges by helping people work smarter, faster and more collaboratively.

Our solutions start with you. They are built for service and government organisations and designed to bend towards your people.

You understand how your business works best. You shouldn’t let your enterprise software dictate what your organisation can or can’t achieve. Unit4’s approach is different.

Join us as we showcase Milestone 5 in Manchester, London or Dublin and learn how you can say goodbye to old-style enterprise software.

Click here to register your place at the following venues:
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Get the most from your Unit4 solution with the Unit4 Financials/Unit4 Dream (Coda/Dream) User Group

More information: http://www.codausergroup.net/

The Unit4 Financials/Unit4 Dream (Coda/Dream) User Group is run by the users for the users. Members can seek help from fellow members in times of trouble for advice on making the most of their solution.

The User Group is a collection of like minded users sharing experiences of Unit4 Financials/Unit4 Dream (Coda/Dream). It is also forum and focal point for Unit4 Financials/Unit4 Dream

(Coda/Dream) users to make representations to Unit4 and for the users to exchange information and experiences.

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Media and publishing – top 5 challenges and how technology can help

1. Sustainable revenue growth

Keeping pace with changes in the ways people are demanding and consuming content is at the forefront of the minds of industry leaders and decision makers across the media and publishing industry. The move away from print towards digital media is changing how publishing houses generate and deliver content and the need to cut and control costs has never been more vital.

So it is vital that businesses in this sector can keep track of the investment made in each brand and revenue stream so as to identify and focus on those that are most profitable for further investment while scaling back on or eliminating the less profitable.

To make these sorts of accurate and timely decisions with confidence, a business needs to know that its underlying management reporting solution is robust, accurate and timely and delivers a true reflection of what is going on at any given moment in time.

2. Revenue recognition

The CFOs and FCs we talk to tell us frequently of the challenges they face when solving the problems associated with revenue recognition. Different streams of revenue are recognised in different ways. So for example subscriptions revenues can only be recognised when the product or service is delivered whereas advertising revenues fall due when the advert is published or broadcast while events and exhibitions are paid for on delivery of the event.

Many businesses, both small and large, still find themselves having to manage these variations in a very time consuming and inefficient way; typically relying on Excel spreadsheets to solve the problem. This error prone approach can leave the organisation vulnerable to reporting inconsistencies in their accounts as well as suffering from inaccuracies across key information. The consequences of such inaccuracy and misstating/misrepresentation of accounts can be far reaching and can even threaten the survival of a business. So it is a serious matter which requires attention.

By implementing an automated, rules based revenue recognition process these challenges can be overcome. In selecting a solution with an open architecture an organisation can build and define its own business logic and rules and seamlessly integrate it with its content and delivery systems. As a result the business will benefit from a single version of the truth with data from all its key solutions being held in just the one place. This approach improves accuracy in reporting and analysis through the removal of the need for any rekeying of data between different systems into Excel as well as the need for manual calculations which are where errors proliferate.

3. Digital disruption

The digital era is inescapable and media and publishing businesses are seeing digital revenue streams surpassing traditional print revenues. As a result and in order to survive and build a business model for the future, businesses need to respond and transform the ways they do business and deliver content in the digital era. It’s all about embracing change, capitalising on opportunities to restructure, reorganise and recalibrate their businesses. Focus on the profitable and divest those less profitable business areas or operations. And the key to success is to make such change happen without having significant disruption and cost.  Technology is the enabler in this digital landscape and businesses need not feel handcuffed to the older, more traditional systems to facilitate these essential changes at a crippling and often prohibitive cost. There is a choice and we are seeing increased demand for solutions that are agile and responsive to change and allow complex system changes to be made quickly, cost effectively, at any stage of a project lifecycle and with minimal disruption.

4. Workforce optimisation

People are undoubtedly an organisation’s most valuable asset but they also represent a significant overhead which needs careful management.

The media and publishing industries are by definition people centric where each and every employee is responsible for the value it creates for customers and stakeholders. But it’s a rapidly evolving sector where change is frequent and can be marked. As a result the skills expected in staff flex and change rapidly which also makes individuals highly marketable and sought after. So having a clear strategy in place that helps with the optimisation of the workforce is key but the challenge is to increase staff productivity while also enhancing the attractiveness of the workplace to reduce staff churn rates.

With any workforce optimisation strategy a solid platform needs to be in place to allow a business to understand its workforce precisely in terms of what they do and the value they create. Ensuring the right number of employees are in place, equipped with the right skills and at the right time is a critical.

– A human capital management (HCM) solution can provide comprehensive support for all aspects of the organisation’s hire-to-retire cycle and payroll processes. Designed to be accessible and intuitive for everyday users, it should empower people- and service-focussed organisations, ensuring that they can make all the on-going updates and adjustments themselves, to tailor their systems to their organisation’s specific requirements and processes and to keep them in step with business changes.

5. Cost and efficiency

Although we are seeing signs of an on-going economic recovery, a focus on the need to reduce cost and be more efficient remains across the media and publishing sector. Printed media distribution is in free fall, advertising choice and therefore value is under pressure and the competition for audience is greater than ever. Having undertaken essential cost saving programmes, management must still keep a close eye on every aspect of outgoings to maintain the equilibrium.

ERP plays a vital role in this monitoring process, and used correctly aids performance management across all functional areas of a business, highlighting areas of success as well as concern. But we are seeing a move away from the more traditional ERP platforms as businesses seek more cost effective, flexible and responsive solutions, i.e. solutions that can adapt and change as a business does. Increasingly businesses are looking for a breadth of functionality to meet their business and finance information needs but without the price tag associated with implementing and upgrading some of the traditional, heavyweight vendor solutions like SAP and Oracle.

The cost of your organisation’s Travel and Expenses policy?

When times are tough and every penny needs to be accounted for, many organisations will look at their travel expenses costs in a bid to make efficiency savings and trim some of the waste.

Increased control over business expenses often means further processes and control mechanisms being put into place, rules being formulated and extra layers of authorisation being added. With all of these extra controls in place and less out-of-policy expense reports slipping through the net, you might assume that immediate savings would be made.

However, more time will inevitably be needed to for more detailed corporate travel management, and frustrations from the claimant and the expense accounting teams will occur when reimbursed expenses are late or sometimes not even made. Issues with timely employee reimbursement can quickly develop into a deep-seated grudge held by the employee, which can in turn affect productivity. Costs to the organisation can also occur when VAT is not rightfully claimed back due to receipts or information not being collected or having been lost.

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