Codec Systems Ltd is a European leader in Performance Management and Business Intelligence Software (services and software) for large and medium sized organisations where we have developed our expertise since 1985.
From offices in Dublin, London, Cologne and Warsaw our solutions empower companies with better, more informed decision making. Founded in 1985 Codec has over 700 European customers with revenues of €30M and 160 professionals employed.
Codec provide the business knowledge and latest best practises along with the technology and technical expertise needed to implement performance management systems throughout Ireland. For us, Performance Management is the processes of budgeting, planning, consolidating, managing strategy, reporting and analysing and it is also the tools for data warehousing, integrating data and systems together, operational reporting, score-carding and business intelligence. Here are some examples of our work:
At one of Ireland's largest banks we reduced the budgeting cycle from 3 months down to 2 weeks, freeing up hundreds of days for management, finance, budget holders and IT.
For a large government department we automated the entire process for the production and reporting of the country's budget.
In an insurance company we automated all of the sales, marketing and management reports, giving them access to all the company's information right down to a detailed level.
For a leading airline we implemented a financial consolidation system across 100+ legal entities around the world, to automate the production of their financial statutory accounts, generating huge time savings and eliminating errors.
For a large publically quoted manufacturer we implemented an enterprise wide budgeting, planning and reporting application across Europe and the Americas. This gave management a consolidated view of the business that they had never had before and real time forecasting.
For a large telecommunication company, Codec implemented an enterprise budgeting and planning application to automate the planning process. This included a custom built reporting application that delivers reports to the Telecom Regulator and a dimensional profitablity model which provides a view of profitability by business and by product.
This website is designed to provide an overview of who we are and what we do. If you would like to find out more please send us an email to info@codec.ie