Experts in Finance Transformation, Unit4 Financials and Software Development


Unit4 Financials 2020 Q2 (previously known as version 15)

Why upgrade?

As support is withdrawn for older versions (or there are compatibility issues with new hardware, databases, operating or communication systems), upgrading is advisable.

UNIT4 provides full support for the latest two releases, so many users of older versions are obliged to upgrade.

Upgrading avoids the risk of technical incompatibility issues and unsupported software, and It also ensures that the latest functionality is deployed, providing process efficiencies and cost savings.

Integration with third party reporting software such as Cognos and Business Objects as well as Procurement, Billing, Payroll systems are key considerations of the upgrade process.

What is new in v15

Unit4 Financials 2020 Q2 (previously known as version 15) is the latest software release from Unit4. The new version became available in June 2020.

The highlights of the new version are:

1. Public bulk data web services

2. Customiser
3. Element Authorisation

4. Anonymise Change Log

5. Provisional Year End

6. Undo Year End

7. Browse Transactions Enhancements

8. Company Master

Plus a host of technical improvements. Details below:

If you are currently using version 10, 11, 12, 13 or 14; view the 'what was new in version 14' section at the bottom of this page.

Download Millennium's

What's New in Unit4 Financials 2020 Q2

(previously known as version 15)

For further information on Unit4 Financials 2020 Q2 (previously known as version 15), or to discuss an upgrade or book a demo, please call +44 (0) 845 604 4262, or complete the below form.

Which type of upgrade do you require?

Millennium offer 3 main upgrade packages

Like-for-like Upgrade

This is a technical upgrade for clients seeking to remain on a supported version and/or upgrading technology across the company and require a compatible version of Unit4 Financials.

This option is a stepping stone to achieve future benefits without introducing major changes at the time.

This upgrade is only possible if the suitable technical infastructire is in place.

Like-for-Like Plus Upgrade

This package is for customers who would like to upgrade to V14 but would also like to take advantage of the new functionality to create additional benefits and efficiencies and achieve a few ‘quick wins’ as part of the upgrade.

Many organisations have grown and evolved since first implementing 'Coda'. The configuration and functionality remains as it was at inception.

The Like-for-Like Plus upgrade enables the Unit4 Financials system to be configured in line with the organisations new processes.

Re-implementation Upgrade

Your organization’s needs will have changed since the original implementation, due to increased volumes of business, more complex requirements, fiercer competitive pressures or enforced tighter controls.

This upgrade solution enables your Unit4 Financials system to support these changes, building on your existing investment, as opposed to the upheaval of the implementation of a new software solution.

A re-implementation provides you with an opportunity to achieve significant business and process improvements by overhauling the whole system including a new chart of accounts.

Note: Moving beyond V10 for POP & PIM involves a re-implementation of these packages and so a reimplementation of Financials at the same time may be the most effective solution.

What was new in Unit4 Financials Version 14

Unit4 Financials Version 14

Version 14 was released in May 2017.

The main highlights of the new version 14 are:

1. Element Workflow

2. Flexi Fields on Transactions

3. New Billing Module

Plus, a host of technical improvements.

Administration New Features

Financials New Features

Technology Rationalisation

V14 Supported Plaltforms and Products

Browser: Microsoft Edge, Microsoft Internet Explorer 11, Google Chrome and Apple Safari

• Print Formatter: Microsoft Windows 10 (64-bit)

• Workflow Designer: Microsoft Windows 8.1 (64-bit) and Microsoft Windows 7 (64-bit)

• Audit Trail: Microsoft Windows 10 (64-bit), Microsoft Windows 8.1 (64-bit), Microsoft

Windows 7 (64-bit) and Java 8 SE (JRE) 64-bit

• Customiser: Microsoft Windows 10 (64-bit), Microsoft Windows 8.1 (64-bit) and Java 8 SE

(JRE) 64-bit

• CodaXL: Microsoft Windows 10 (64-bit), Microsoft Windows 8.1 (64-bit), Microsoft Windows

7 (64-bit), Microsoft Office 2016 (32-bit), Microsoft Office 2013 (32-bit) and Microsoft Office

2010 (32-bit),

• Java EE: Microsoft Windows Server 2016, Microsoft Windows Server 2012R2, IBM AIX 7,

Oracle Solaris 11 (SPARC), IBM i 7.2 ,Red Hat Enterprise Linux 7, CentOS 7, WildFly 10.1 Red

Hat JBoss Enterprise Application Platform 7, IBM WebSphere Application Server –

Express for IBM, i 8.5.5 fix pack 11 and Java 8 SE (JDK) 64-bit

• Database: Microsoft SQL Server 2016, Microsoft SQL Server 2014, Microsoft SQL Server

2012, Oracle Database 12c and IBM DB2 for i 7.2

New Billing Module includes:

1. Item Catalogue (Purchasing & Selling)

2. Ability to Design/Customise layout of screen (Drag & Drop)

3. Configurable data entry screens

• Not simply a ‘reincarnation’ or ‘like-for-like’ replacement

• Consider this a longer-term project beyond V14

• The billing feature set will evolve over multiple releases