Internal blogs in a corporate environment is generally unusual. However internal blogging in an organization could be very interesting and relevant at some point. If the company where I work, which is specialized in marketing strategies consulting, would implement blogging within their intranet, many employees and account teams could benefit from it. In the company, there are a number of teams, each responsible for a specific customer requests to gain a certain competitive advantage within their business field. Since each team works in silos, no one would generally share ideas or suggestions or even past experiences on their work. With a blog implemented in the intranet, the advantages would be that:

• Anyone could benefit by sharing and commenting on new or already existing marketing strategies that could possibly help others improve their work as a team.

• Customers, as well as the whole organization could also benefit; since new projects and ideas would generate incremental revenues for both sides.

The inconvenience of blogs would be:

• Timing: Most employees are generally overloaded by work that even tough, some other teams could benefit from an already existing project, the probability that one employee would take his/her time to write a blog is low.
  
• Willingness: If writing a blog is not part of the job description of an employee, that particular person who has time but doesn’t see any value to it, won’t be willing to take that extra time to share any information with their peers.

One of the advantages of choosing CODA as a financial business tool is the reliance on the service support from an organization point of view. CODA offers quality training, consulting and expert support to help organizations achieve their objectives. It’s a fact that CODA has been recognized by many analysts, professionals and media for customer satisfaction, which even led them to win 2 consecutives awards for best enterprise software of the year. In addition, CODA’s particular characteristic to allow customers to build their own financial system platform makes the software itself, user-friendly. Having a customized interface screen environment facilitates data entry as well as any other task such as reporting or analysing, which contributes to the performance of the organization as a whole. Another advantage of CODA, which applies only for small companies, is its affordability. CODA’s newest product, “CODA 2Go”, allows small companies with at most 5 to 6 users to purchase the application for $8,000 per year compared to their already existing conventional software sold at a price of $100,000 a year.



On the other hand, CODA’s disadvantage is also related to its cost, which applies for larger organizations. Traditional software products used in medium and large companies include diverse types of functionalities that are included in the software package. However, coping with the entire packaging might not be of the interest or usage of certain organizations. CODA’s traditional software should not only customize platforms for larger organizations but also consider in customizing functionalities within the actual software. Considering the fact that many companies are paying around $100,000 per year to have their licensees renewed but that might only be using less than 50% of its functionalities is not worth paying that amount of money; since there might be similar software in the market equally capable of doing the same work for cheaper, especially during an economic recession.


References:
http://www.coda.com/about/awards
http://industry.bnet.com/technology/10001553/coda-how-to-build-a-cloud-company/

Pros & Cons of CODA financial software

CODA business software is a financial application software used by 2,600 organizations around the world. This award-winning software enables small, medium and large companies to automate financial processes such as reporting, analysing, budgeting, and forecasting. CODA software holds diverse products and services that help organizations create their own software platform that will meet their financial department’s needs. This application is owned by a company named Unit 4 Agresso, which is a world leading company in selling, implementing and supporting business software among the private and public sector, such as the retail, banking, transportation, and education. Unit 4 Agresso was founded in Netherlands almost 30 years ago. The company expanded rapidly through their software implementation innovations which led them to become a leader in the financial management software field.

References:

http://www.coda.com/about/highlights
http://www.unit4agresso.com/291_company.aspx