CODA plc, the finance systems specialist quoted on the Alternative Investment Market (AIM; stock code: CODA), today announced it has signed a contract with Caterpillar Inc, the world’s largest manufacturer of construction and mining equipment, diesel and natural gas engines and industrial gas turbines.
The contract covers licenses for CODA e-Finance, CODA’s web-browser based international accounting system, along with several related products (CODA-XL, CODA e-Assets and XMLi) for use at Caterpillar Inc. sites and Caterpillar dealers worldwide.
CODA focuses on financial accounting systems for medium to large organizations, particularly those that have a strong international focus. This is the latest in a series of international clients won by CODA, including the recently announced Louvre Hotels, based in France.
“We are delighted to be working with Caterpillar Inc., and providing the core finance system for their global dealer network,†said Jeremy Roche, CEO of CODA plc. “I believe this project demonstrates the ability of CODA-Financials to scale across businesses of all sizes, and particularly exploits the product’s suitability for multi-site, multi-company and dealer-network operations.â€