Released on = August 17, 2006, 7:34 am

Press Release Author = CODA

Industry = Small Business

Press Release Summary = Controlled and auditable processes will help meet auditor
requirements under IFRS


Press Release Body = CODA Group, the finance software specialist, today announced
that leading UK retailer JJB Sports plc, has purchased CODA-Control Manager to help
make its financial period close faster and more controlled.
CODA-Control Manager is an innovative software programme that uses simple, Microsoft
technology for implementing internal controls and processes, automating them and
making them visible, repeatable and auditable across the organisation. It addresses
the growing pressure from auditors to show better documented financial processes.

As a publicly listed company, JJB is subject to International Financial Reporting
Standards (IFRS) and must communicate any changes likely to affect underlying
performance to the wider market place. Its finance team decided to implement
CODA-Control to improve its internal processes.
"It is important that our IFRS processes are sustainable over time and that our
financial reports are consistent year on year," said Bill Leyland, Finance Manager
at JJB Sports. "CODA-Control Manager will help us control and automate detailed
processes in a logical order that we can follow every time, and adapt as necessary.
This will give us absolute visibility of our processes, and the confidence that they
are being carried out consistently, yet are flexible enough to adapt to ongoing
changes in the standards. Crucially, our auditors should be satisfied of that as
well."

Once implemented, this technology will help JJB achieve best practice and compliance
with emerging governance legislation. It will cut the cost of documenting and
maintaining internal controls.
"In theory, we can apply this technology in any department," continued Leyland. "In
addition to period close, we plan to use it for implementing project management
controls, but are restricting it to the finance function in the short term.
CODA-Control will help us design and document our processes in a methodical way, so
that the overhead of designing, documenting, executing and testing them doesn't have
to be repeated every year."
CODA-Control Manager integrates directly with JJB's finance system, Dream, so that
real-time financial data including information relating to individual store and
department finances can be viewed and attached to tasks in the Control engine. Once
processes have been documented, they will be completed in a predefined order by the
finance team depending on their individual roles.

ABOUT CODA

CODA creates, markets and implements a complete range of software systems designed
specifically to meet the needs of Financial Directors and Finance Departments. These
include financial management systems, analysis applications, and business process
management and control software to implement compliance solutions. Its service
oriented architecture also makes CODA software easy for clients and other vendors to
integrate it with their business applications.

CODA was founded in 1979, has around 550 employees working from 13 global locations.
CODA software is designed for multi-currency, multi-language, multi-country,
multi-company and multi-site operations, and is used by around 2,600 medium and
large organizations in over 100 countries in a variety of markets and within both
public and commercial sectors.

For more information about CODA please visit:


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