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Friday, September 28, 2007 @ 2:00 – 4:00pm EDT
Future-Proofing Your Finance System

- Lorraine Soos, Vice President Controller, Maher TerminalsLearn More
Kevin Roberts, Vice President, Business Development, CODA Financials, Inc. Learn More

Future-proofing Your Finance System

TECHNOLOGY is an essential tool in today’s economic environment.  And while it is possible to survive without the latest business applications, relying on antiquated finance systems unable to handle multiple languages, currencies, companies or different reporting regimes effectively could seriously threaten your corporate health. Companies – especially those facing fast growth or change – need to recognize that keeping an out-dated finance system can be a false economy that will impede growth and reduce responsiveness.

Whether it’s international trading, buying or selling new divisions, diversification or just growing the business, companies could easily find themselves losing out to competitors that are simply more technologically advanced.  Moreover, as the regulatory environment becomes more complex, and the call for good governance and sustainable value creation more powerful, relying on outdated systems that cannot produce accurate, timely or reliable data offers little assurance.

Admitting that your finance system needs an overhaul is just the first step however. Identifying what system will best support the organization and its business is infinitely more challenging. 

When New Jersey-based Maher Terminals, one of the world’s largest independent, multi-user container terminal operators, chose CODA-Financials to replace its outdated financial accounting software, it had certainly done its homework.  Join us to hear how Maher’s VP Controller Lorraine Soos tackled this project, and hear about the benefits being realized today as a direct result of the future-proofing of Maher’s finance system. 


CODA provides best-of-class, finance-based management information solutions. These include award winning accounting and procurement systems linked to a suite of applications that support finance, reporting and analytic processes across the organization. Among these complementary applications is a range of powerful new collaborative systems to streamline and automate key business processes – such as: regulatory compliance, financial period-end close or corporate responsibility programs. These analysis and collaborative solutions integrate seamlessly both with CODA applications and other leading operational systems to capitalize on customers’ existing IT investments. CODA’s product offerings are all underpinned by expert consultancy, education and support services, delivered by teams of experienced accountants and technology specialists.

The business carried out by CODA Financials, Inc. was founded in 1988, and is headquartered in Manchester, New Hampshire. Part of CODA Group International Ltd (AIM; CODA) - founded in the UK in 1979 - the company currently employs more than 550 people around the world and delivers global sales, service & support through its own offices, together with a carefully selected network of partners. Its customers include over 2,500 medium and large user organizations – worldwide and across all industry sectors - such as IKEA in retail, AMBAC Assurance Corporation in financial services, Central Ohio Transit Authority (COTA) in transportation and logistics, and the Fashion Institute of Design and Merchandising in education.

Additional information about CODA is available at: http://www.coda.com/CODA2count


C-level Officers, VPs, Directors and Managers of:

  • Finance
  • Corporate Governance
  • Accounting Directors
  • Compliance
  • Information Technology
  • Shared Services Centers
  • Outsourcing
  • Business/Corporate Services
  • Business Improvement
  • Operations
Lorraine Soos, Vice President Controller, Maher Terminals

Lorraine Soos is the Vice President Controller of Maher Terminals LLC, a multi-user container terminal operator in the Port of New York. Lorraine has over twenty years experience in the ocean transportation industry, thirteen years with Maher.

Lorraine is responsible for many of the day to day financial responsibilities including General Accounting, Accounts Payable, Revenue Accounting and Corporate Procurement. She was the project lead in her company’s implementation of Coda Financials.

Lorraine began her career as an auditor for a major CPA firm. Her clientele base included manufacturing concerns, non-profit organizations and commodity industry. In 1983, she joined a Steamship Agency as their Accounting Manager, later becoming their Controller responsible for all aspects of the financial reporting process.

Lorraine obtained a B.S in Accounting, cum laude from C. W. Post – Long Island University and obtained her CPA license from the State of New York in 1984.

Kevin Roberts, Vice President Business Development, CODA Financials, Inc.

Kevin is responsible for software license sales in the US for both existing customers and new business. He also manages and develops CODA’s partner relationships in the Americas.

Kevin joined CODA UK as a technical consultant in 1995, working on Open Client/Server implementations in the UK, Europe and Middle East. He managed the development of technical training materials, new technical courses and technical events in the CODA Plus implementation methodology. He moved to the US in 1999 when he took on the role of technical services manager looking after the development and delivery of technical implementation and integration services before being promoted to his current role.

Kevin began his career as a software analyst at Hoskyns in the UK, now part of Cap Gemini. He was involved in the specification, design, development and testing of custom built commercial and financial applications. In 1987 he joined Tenhill Computer Systems (now Lynx Financial Systems) as financial applications specialist, later becoming technical services manager responsible for the technical infrastructure required to support major financial organizations in the UK and Europe.

Kevin was awarded a Bsc (hons) degree in management sciences from Warwick University in 1982.

For information about the recorded archive for this event contact Xtalks at (416) 977-6555 ext 371, or email register@xtalks.com
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