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 baan financial quarter


Baan Posts $236 Million Loss and Sells Off Coda for Nearly $40M Less Than It Paid
On February 3, Baan Co. posted a fourth-quarter loss of $236 million, and on February 8, Baan sold its Coda financial applications unit to UK firm Science

baan financial quarter  performance. On February 8, Baan sold its Coda financial applications unit to UK firm Science Systems for the bargain basement price of $50 million in cash. The move followed rumors of a sell-off last April after Phil Dawes, a senior manager and one of the brains behind Coda, quit the company. The British accounting package vendor was acquired by Baan in February, 1998, for $86.6 million. In a prepared statement, company officials said the sale would enable it to concentrate on leveraging its core

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Software Functionality Revealed in Detail

We’ve opened the hood on every major category of enterprise software. Learn about thousands of features and functions, and how enterprise software really works.

Get free sample report
Compare Software Solutions

Visit the TEC store to compare leading software by functionality, so that you can make accurate and informed software purchasing decisions.

Compare Now

Financial Packages

Financial packages encompass modules for bookkeeping and making sure that accounts are paid or received on time.  

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