Released on = August 4, 2006, 7:05 am

Press Release Author = CODA

Industry = Small Business

Press Release Summary = . Windows based accounting system integrates with Service
Management applications
. CIS standards supported to meet Working Capital Requirements


Press Release Body =
CODA Group, the finance software specialist, today announced that property
maintenance services organisation, Inspace plc, has signed an agreement to implement
its Dream accounting software.

CODA was chosen over competitor Sun Accounts because of its reputation and the
functionality available in the Dream software met Inspace\'s requirements more
closely. Dream also offers support for the new Construction Industry Scheme (CIS),
the tax system for the construction industry relating to sub-contractors, which
constitutes a large portion of Inspace\'s working capital ledger requirements.

Richard Baxter, Head of IT at Inspace said: "We operate in a complex regulatory
environment and required a system that could help us with the necessary processes.
We were also looking for a flexible, Windows based accounting system that could
integrate with our industry specific service management applications to provide us
with real-time performance information for the whole business."

Inspace has purchased licenses for up to 59 users that will have access to Dream and
add-on products DreamView and DreamTalk for reporting. Procurement will also be made
possible using Dream\'s web-service enabled solution. In addition, the contract
includes some custom software development.

"To allow us to automate a certain process required for the extraction and
allocation of working capital transactions across relevant divisions, CODA agreed to
take on some custom development work," continued Mr Baxter. "Once this is in place,
we expect to see significant savings in the time we spend on this activity. As Dream
will replace an old mainframe system, many of the previously manual processes will
be automated and so we expect to see a Return on Investment within the first year."

ABOUT CODA
CODA provides the most complete set of solutions for finance departments. Our
"Financial Intelligence" suite delivers: comprehensive Financial Management systems
(including best-of-class financial accounting and procurement); powerful Financial
Analysis tools (planning, budgeting, consolidation, reporting and analytics); and
revolutionary Financial Control applications (to make business processes and
internal controls more visible, repeatable, effective and auditable).

And these are all underpinned by expert consultancy, education and support services,
delivered by teams of experienced accountants and technology specialists.

CODA applications work seamlessly with each other or independently and integrate
with other leading operational systems to maximize the return on your broader IT
investment too.

Founded in the UK in 1979, the CODA Group delivers global sales, service and support
to over 2,500 medium and large user organizations - worldwide and across all
industry sectors.


Web Site = http://www.coda.com

Contact Details = Emma Hoyle||Beckwith Head Road-Cardale Park ||Harrogate , HG3
1RY||$$country||||44-01423-537-977||Emma.hoyle@coda.com||http://www.coda.com