Unit4 Financials Reviews & Product Details

Unit4 Financials Overview

What is Unit4 Financials?

Unit4 Financials delivers superior efficiency, consistency and accuracy to help your organization thrive amid the Digital Revolution. With business models transforming, new regulations emerging and change coming faster than ever, Unit4 Financials helps you handle the most complex challenges with confidence. Unit4 Financials provides the original unified-ledger, global accounting system that gives your organization a single, real-time version of the truth. Embrace the best-of-breed financial solution that integrates with your existing systems for total freedom of choice and ongoing business agility.

Unit4 Financials Details
Languages Supported
English
Product Description

Unit4 Coda Financials is a suite of financial management software designed to integrate with your industry- and company-specific applications. Their solution provides real-time financial visibility and control across people, processes and systems.

How do you position yourself against your competitors?

Many enterprise financial systems obscure your view of the business with modular ledger systems, static manual processes and limited reporting capabilities. Legacy accounting tools are not up to the challenges of today's businesses. You need real time insight to make informed decisions and stay in compliance with financial regulations.

Today's digital organizations require a unified solution with an intuitive user experience, global visibility and the power to address financial complexity. With Unit4 Financials, get data into the system more quickly with streamlined and automated finance processes. Get intelligence out to make the best decisions, based on real time visibility into your organization’s financial position. Maintain the ability to change your financial structures at any time. Integrate seamlessly with your other key business systems. The result is that you can deliver better efficiency, consistency, and accuracy to support future business success.


Seller Details
Seller
Unit4
Company Website
Year Founded
1980
HQ Location
Utrecht, Netherlands
Twitter
@Unit4Global
4,685 Twitter followers
LinkedIn® Page
www.linkedin.com
3,546 employees on LinkedIn®
Description

Unit4 is a global cloud-focused business software and services company aimed at helping dynamic public sector and commercial services organisations to embrace change simply, quickly and cost effectively in a market sector we call ‘Businesses Living IN Change’ (BLINC)™*.

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Unit4 Financials Reviews

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Financial Systems Manager
Management Consulting
Enterprise(> 1000 emp.)
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best?

Unit4 Financials allows you to create highly-customized screens and portals that can be tailored to the needs of the various user groups that will be accessing the tool. Additionally, it comes out of the box with multiple methods to directly interrogate the database and post financial documents, eg. through Java API calls or direct links into Microsoft Excel. These capabilities allow you to rapidly develop custom interfaces for your customers. Review collected by and hosted on G2.com.

What do you dislike?

There can be significant setup required initially, but once you are over that major hurdle, creating additional masters is made much less tedious as existing companies and/or subsets of company masters can be copied and modified with ease. Review collected by and hosted on G2.com.

What problems are you solving with the product? What benefits have you realized?

Unit4 Financials' handling of multiple currencies and currency revaluation has made setting up new international businesses and maintaining a single core Financial tool for an entire organization very easy to realize. The customizable nature of the tool allows you to create exceptions and special processing rules for specific situations without requiring system changes to the core tool itself, making it infinitely extensible. Review collected by and hosted on G2.com.

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Financial Application Support Analyst
Banking
Enterprise(> 1000 emp.)
Validated Reviewer
Verified Current User
Review source: Invitation from G2 on behalf of the seller
What do you like best?

If you attend Unit4's Financial Administrator course you get a good understanding of different CODA modules and how to use it for all your company's needs (raising POs, posting documents, matching POs against invoices, setting up the company's financial structure, creating and running reports).

I like the fact that once you gain an understanding around how the Masters, Selectors, Presenters, Reports work you can go and tailor everything according to your needs - you don't need developers support (unless you are after Bespoke functionality which is not part of Core CODA. Review collected by and hosted on G2.com.

What do you dislike?

It would be useful to have access to more business cases around how different CODA modules have been put at work by various companies. That would help in the initial process of setting up the Finance infrastructure in CODA and also get different views on how to improve your company's internal processes. Review collected by and hosted on G2.com.

Recommendations to others considering the product:

Get reading to understand everything CODA can do for your business Review collected by and hosted on G2.com.

What problems are you solving with the product? What benefits have you realized?

I have been supporting Finance with their general enquiries, issues, requests for Unit4's software.

I set up reports for them, create new elements, matching masters, new users.

I have improved in the way Finance are working by automating certain processes they had to do manually and it took a significant amount of their time. Review collected by and hosted on G2.com.

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VP Finance Systems
Financial Services
Mid-Market(51-1000 emp.)
Validated Reviewer
Review source: Organic
What do you like best?

The system works and at the base core, meaning data access, table design and structure and software features makes it a great system to use. We have used it for 23 years and are still going strong with it. Review collected by and hosted on G2.com.

What do you dislike?

Some features are not initially intuitive and needs training to use .. afterwards all is fine Review collected by and hosted on G2.com.

Recommendations to others considering the product:

Its certainly worth a look and more so if you are considering a new Financials software solution Review collected by and hosted on G2.com.

What problems are you solving with the product? What benefits have you realized?

Reporting , work flow and business needs Review collected by and hosted on G2.com.

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UI
Mid-Market(51-1000 emp.)
Validated Reviewer
Review source: Invitation from G2 on behalf of the seller
What do you like best?

It is very easy to use and navigate. The software is built to be menu driven. Mostly everything is grouped into areas that make sense, such as administration being separate from where you process accounting entries. Security can also be limited in many different ways. Depending on how the security is implemented, certain users will not even see the options to what they do not have access to. This makes it much easier for the user to understand where they can and cannot work. The software was built with functionality to accommodate growth into other states or other lines of business. Integration capabilities to both external and internally built software programs. Review collected by and hosted on G2.com.

What do you dislike?

The complexity of having to build separate "masters" for everything. An example is to build a report, you will need a selector master, a report master, possibly a hierarchy master and a browse report or presenter master. Review collected by and hosted on G2.com.

What problems are you solving with the product? What benefits have you realized?

We replaced our old accounting system with Unit4 financials for various reasons. The time savings realized were tremendous from preparing financial statements to having to process expense allocations. Review collected by and hosted on G2.com.

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AH
Enterprise(> 1000 emp.)
Validated Reviewer
Review source: Organic
What do you like best?

Coda Excel is a great tool which enables you to pretty much get any data in. Review collected by and hosted on G2.com.

What do you dislike?

Lack of documentation/guides for new features and those not previously used. Review collected by and hosted on G2.com.

What problems are you solving with the product? What benefits have you realized?

Collating data from various softwares to report accurately in an efficient way Review collected by and hosted on G2.com.

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UO
Enterprise(> 1000 emp.)
Validated Reviewer
Verified Current User
Review source: Invitation from G2
What do you like best?

My favorite feature is the ability to edit after posting. Review collected by and hosted on G2.com.

What do you dislike?

Not very user friendly and I don't like the you can duplicate invoice numbers. Review collected by and hosted on G2.com.

What problems are you solving with the product? What benefits have you realized?

I'm an AP Specialist so I process invoices with this system. Review collected by and hosted on G2.com.

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Accounting Supervisor
Machinery
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: Invitation from G2 on behalf of the seller
What do you like best?

I like how you can customize just about any screen for each individual user. It allows each user to work more efficiently. Review collected by and hosted on G2.com.

What do you dislike?

There is nothing directly related other than when upgrading, we lack documentation on new features which really has nothing to do with Unit 4 itself. Review collected by and hosted on G2.com.

Recommendations to others considering the product:

None Review collected by and hosted on G2.com.

What problems are you solving with the product? What benefits have you realized?

We would like to be able to build more custom reports and learn how to use the entire system and its functions more efficiently and we're hoping to learn those things here at the Intensive Training. Review collected by and hosted on G2.com.

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Procure to Pay Manager
Staffing and Recruiting
Enterprise(> 1000 emp.)
Validated Reviewer
Verified Current User
Review source: Invitation from G2
What do you like best?

Friendly user & integration with accounting system Review collected by and hosted on G2.com.

What do you dislike?

Not using the electronic receipts because Company policies. Review collected by and hosted on G2.com.

Recommendations to others considering the product:

Nice software with a lot of potentials to customize. Review collected by and hosted on G2.com.

What problems are you solving with the product? What benefits have you realized?

Travel Expenses for all European entities. Benefit of speed, integration, quick audit & payment. Review collected by and hosted on G2.com.

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UT
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: Invitation from G2
What do you like best?

easy to use, i do not work with Coda other then accessing reports Review collected by and hosted on G2.com.

What do you dislike?

nothing, I do not have enough use to find anything negative Review collected by and hosted on G2.com.

What problems are you solving with the product? What benefits have you realized?

cost analytics, easy to gather data Review collected by and hosted on G2.com.

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UT
Enterprise(> 1000 emp.)
Validated Reviewer
Review source: Invitation from G2
What do you like best?

Pretty basic usability. Felt easy to get used to it. Review collected by and hosted on G2.com.

What do you dislike?

I don't really have an opinion either way about it. Review collected by and hosted on G2.com.

Recommendations to others considering the product:

I think it's a pretty solid product from what I understand of it. Review collected by and hosted on G2.com.

What problems are you solving with the product? What benefits have you realized?

Well I don't use it mostly. I'm on the operations side of things so this isn't an important part of my work day. Review collected by and hosted on G2.com.

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Financial Analyst
Insurance
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: Invitation from G2 on behalf of the seller
What do you like best?

Functionality and customizable features, that streamline reporting. Review collected by and hosted on G2.com.

What do you dislike?

Hosted customer so it can be hard to find answers to simple questions. Review collected by and hosted on G2.com.

Recommendations to others considering the product:

Clearly identify the projects scope. Review collected by and hosted on G2.com.

What problems are you solving with the product? What benefits have you realized?

We are able to create reports with the information we need and relevantly formatted Review collected by and hosted on G2.com.

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UH
Enterprise(> 1000 emp.)
Validated Reviewer
Verified Current User
Review source: Invitation from G2 on behalf of the seller
What do you like best?

The Coda Excel Interface makes it easy to examine a large amount of data and easily update that data in a very quick manner. Review collected by and hosted on G2.com.

What do you dislike?

Fixed Assets program, but unaware of capabilities Review collected by and hosted on G2.com.

What problems are you solving with the product? What benefits have you realized?

Financials on a monthly basis. Review collected by and hosted on G2.com.

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