Strengthening Auditability and Control Over Retail Revenue Through Automated Reconciliation
Strengthening Auditability and Control Over Retail Revenue Through Automated Reconciliation
Trintech Case Study
Close the Sales Audit Gap From Store to Bank to Your ERP
Trintech automates over 90% of daily matching cross-channel transactions for the world’s largest retailers.
The Retail Challenge
Modern retailers live in a world of multiple POS systems, payment processors, wallets, and banks. With intensified scrutiny on transaction accuracy and data protection, every day you’re trying to mitigate crucial issues:
- Did everything we sold in person and online actually make it to the bank?
- Do cash and card activity match what’s in the GL/ERP and other systems?
- Where are we leaking margin through shrink, fees, timing issues, and write-offs?
When the answers depend on spreadsheets and monthend fire drills, variances are harder to trace, exceptions age, and losses pile up. Your sales audit becomes reactive – finding leaks after the money’s gone, rather than proactively preventing them.
New appointments
New appointments
March 25th, 2026
Millennium Consulting are delighted to announce the following new additions to the Professional Services team.
Lisa Armitage and Raj Dhesi join us as Principal Consultants in our Unit4 team, bringing over 40 years of combined experience in Unit4 and the broader consultancy sector. Lisa will support our Dream customer migration programme, and Raj joins as our Principal FP&A Consultant.
With immediate effect, Sauro Zani will assume the role of Principal Lead Consultant within the Unit4 Financials by Coda Consultancy.
Finally, Ben Hart will take on the role of Head of our Xledger team, supported by Kathi Murphy and Debbie Bracht.
Commenting on the appointments, Jeremy Lucas, Chief Operating Officer at Millennium Consulting:
“These appointments reflect our continued investment in deep expertise and leadership across our core practice areas. Lisa, Raj, Sauro and Ben each bring outstanding experience and a strong track record of delivering value to customers. As we continue to grow, strengthening our teams in Unit4 and Xledger ensures we are well positioned to support our clients’ evolving needs and deliver exceptional outcomes.”
Please join us in welcoming them all to their new roles and keep an eye out for upcoming webinars to be delivered in the coming weeks.
From Spreadsheets to Structured Control: Automating the Financial Close for Unit4 Organisations
From Spreadsheets to Structured Control: Automating the Financial Close for Unit4 Organisations
Many finance teams still rely on spreadsheets to manage reconciliations, intercompany balances and month-end close activities.
While Unit4 provides a strong foundation, the financial close process itself is often coordinated offline — creating manual effort, limited visibility and audit risk.
In this session, together with Trintech, we will explore how finance teams can move from spreadsheet-driven processes to a structured, system-controlled close environment.
In this session, we explore:
- The common control gaps in spreadsheet-based close processes
- How to bring structure and accountability to reconciliations
- Automating matching across multiple data sources (Unit4, banks, treasury, payroll, expenses, intercompany etc.)
- Achieving real-time visibility of close status across entities
- Strengthening audit readiness with embedded documentation and full traceability
Watch this webinar recording to see how Unit4 organisations can modernise their financial close, reduce manual workload, and gain greater control and confidence in their numbers.
Trintech Partner
Trintech software fulfils the need of finance professionals to help streamline high-volume transactions and GL account reconciliation, manage their journal entry process, speed up their month-end close, and ensure regulatory and other compliance efforts.
Unit4 Financials by Coda 2026Q1
Unit4 Financials by Coda 2026Q1 was made available on 10th March 2026.
Highlights of the 2026Q1 release include:
Administration:
Trusted Certificates Master
A new Trusted Certificates Master has been added to store and manage public trusted certificate files. These certificates can subsequently be used by various protocols such as HTTPS, IPPS, or SFTP to establish trust for external servers. The Trusted Certificate Master will be used by the protocols described in a later release.
Unique index column updated to not-nullable – com_extconfig
The column itemname in the com_extconfig table has been updated to not-nullable to allow primary keys to be added for database table replication purposes.
Generic Browse Master
The user can now specify a Printing Options Master on the General tab of the Generic Browse Master.
Finance:
Reminder Letters
The Print or Transmit process for reminder letters can now access the Printing Options Master on the Generic Browse master.
This will allow the reminder letter filename to be set to the value specified on the Printing Options Master.
Pay/Collect Master
The Printing process now displays the default Printing Options Master which is held on Printing tab of the Pay/Collect Master for Remittance output.
Structured Output:
UBL 2.1 Invoice Transformation and UBL 2.1 Credit Note Transformation
The ability to add multiple notes for the EN16931 schema for France (BG-1) vocabulary has been added to the Invoice and Credit Note Transformations. The vocabulary is available on the EN16931 Schema and is configured on the Manipulation Master.
Electronic Invoicing:
Posting to Companies with Balancing Elements
You can now post invoices and credit notes to a company using balancing elements, while using the VAT number to identify the company and balancing element level 1.
Identifying the Company Using EndpointID
The AccountingCustomerParty/Party/EndpointID element in the UBL is now supported as a company identifier for posting invoices and credit notes.
Console:
Authentication
A new read-only field Financials web application URL has been added to the Authentication configuration. The value of this field is configured in the Configuration tab and is displayed here for reference only.
Miscellaneous:
Attachment Deletion
Improvements have been made to how attachments are deleted. The system start up runs a background process that periodically polls to identify and remove any attachments that need deleting.
Software Media Changes
Changes have been made to how software media is delivered for on-premise customers. Instead of a single ISO containing the software and documentation this has been split to make downloads more efficient and gives you flexibility to access only the content you need.
Technical:
Deprecated features:
Implicit Flow
The ‘Implicit’ flow authentication method has been deprecated and will be removed in a future release. The final release has not been determined. We recommend that the ‘Authorization Code with PKCE’ flow is used instead when configuring a system to use OpenID Connect authentication.
.NET router
The .NET router has been deprecated. The final release has not been determined.
The Integration Toolkit Command Centre module
The Integration Toolkit Command Centre module (ITK) has been deprecated and will be removed in a future release. The final release has not been determined.
JavaScript User Extension Implementation Support
The ability to implement User Extensions using JavaScript is deprecated. The final release to include this support has not been determined.
Note: Support for implementing User Extensions using Java is not deprecated and is the recommended approach for implementing User Extensions.
Coda Encrypter
The command line utility coda-encrypter.exe is deprecated. The final release to include this support has not been determined.
Removed features:
32-bit XL was removed in the 2025Q1 release. Please use the 64-bit XL. This means that the supported releases of XL are available as 64-bit only.
Support for Apple Safari has ended. It is recommended to use Google Chrome or Microsoft Edge.
Security Updates
- The Password hashing algorithm has been updated to comply with Cloud Computing Compliance Criteria Catalog (C5) requirements
- The version of the Unit4 Message Hub Bridge has been updated to fix vulnerabilities.
- User-supplied PDF attachments are rejected if JavaScript actions are found in the PDF.
- The XMLi Java Router no longer accepts XML that makes use of external entities.
General Fixes/Updates:
- An issue copying and pasting items within Print Formatter has now been resolved.
- Background Financials tasks now use a keep alive setting to prevent failure of long running tasks.
- The Capability Master selection of available Message Transport Masters on the Alerts tab has been optimised, improving performance and preventing failures.
- The credit lines on the Financials document are now referenced on the Asset transaction when depreciating, instead of the debit lines. This was a problem when depreciating multiple periods and having “Post all asset transactions to this period” set.
- A timestamp error no longer occurs when sending recurring documents with attachments to Workflow.
- A special character ‘?’ can now be entered when adding a document comment using Diary and Browse Transactions.
- The pay write process now correctly handles EncodeForXMLOutput, which no longer applies to a literal value from a conditional element.
- Invoices with attachments that go into matching and have a discrepancy raised against them, which is greater than the document threshold, are now successfully sent to workflow for authorisation.
- Electronic Invoicing now supports Finance Document masters which use Automatic-by-period numbering.
- The parsing of XML inputs has been improved. Greater attention is now paid to namespace declarations. This resolves intermittent issues including errors creating requisitions and errors invoking the Tax service public API.
- When using OpenID Connect authentication, SOAP API calls will use the default user if that user is also mapped to special users (INSTALL, LEVEL8, LEVEL8SUB). This change also applies when using the Mobile Apps for workflow authorisations.
- REST API calls can now be executed by users with passwords containing non-ASCII characters.
- SOAP API calls can now be executed by users with passwords containing non-ASCII characters.
- REST API calls can now retrieve masters with codes that contain special characters such as { } and ( ).
- When using the Element Master XMLi API, the Get, Update and Set operations will now return all the mandatory fields in the response if an error occurs.
Further details on the new features, security updates and reported issues can be found in the release documentation.
The release documentation for this release (and previous releases) can be found in the documentation area on the community.
The software can be downloaded from the “Software” tab on Community4U.
Are you making the most of Unit4 Financials by Coda?
Our Systems Health Check is designed to help you identify areas where you may be able to improve performance and ensure you extract the maximum benefit from your investment in Unit4 Financials by Coda.
Next level complex billing and payment
Case Study
Next level complex billing and payment
The Gesellschaft zur Verwertung von Leistungsschutzrechten mbH (GVL) in Berlin, Germany, represents the neighbouring exploration rights and interests of labels, artists and event organisers. That’s 160,000 performers, over 13,000 producers and about 70 event organisers. Ensuring that broadcasters and TV fulfil their payment obligations and guaranteeing that each party involved receives its fair share of the royalties and earnings from sound recordings played in radio, TV and streaming services. In 2022 they distributed €257,000,000. This is next level complex billing and payment. And that’s why GVL has been working with ICORP for the last seven years.
Ulrike Pannek explains why GVL chose ICORP and what makes them the best partner for complex billing and payment. Ulrike has been GVL’s weekly contact with ICORP almost since the beginning.
Delivering the future: How Icorp transformed Yodel’s billing and payment system
Case Study
Delivering the future: How Icorp transformed Yodel’s billing and payment system
Yodel, one of the UK’s leading parcel delivery companies, handles millions of deliveries every week. With over 49 sites nationwide and a wide-reaching network of partners, Yodel prides itself on efficiency, reliability, and customer-centric services. From fashion and leisure to health, beauty, and specialist handling for delicate items such as wine and flowers, the company continues to refine its operations. This strong position today has been achieved through a complete transformation of the IT landscape. A major aspect of this transformation has been the overhaul of Yodel’s billing system. Billing is a crucial yet often overlooked element of logistics that drives both efficiency and accuracy in operations.
To explore this evolution, we spoke with Ashraf Adil, Director of DevOps & IT Operations at Yodel who has been with the company for over ten years. Having worked with the system throughout his tenure, Ashraf offers valuable insights into the journey from fragmented legacy systems to a smooth, automated invoicing process.
Modern Finance Made Simple: The Case for Moving Beyond Legacy Systems
Modern Finance Made Simple: The Case for Moving Beyond Legacy Systems
Stuck on a legacy finance system?
In 30 minutes, experts from Xledger and Millennium Consulting explore the real barriers holding finance teams back – from perceived risk and complex integrations to data integrity and change fatigue. They also reveal the opportunity cost of delaying cloud adoption, including missed automation gains, reduced real time visibility and diminished operational resilience.
In this session, we explore:
- Why cloud transitions often stall and practical ways to remove the most common obstacles.
- What you’re missing by not being on cloud, from improved scalability to stronger financial oversight.
- How AI and automation are being applied in real finance environments.
- A structured, low-risk roadmap to modernise finance in phases and create sustainable progress.
This session provides actionable guidance, with insights on pitfalls of legacy systems, opportunities with AI and automation and proven approaches from the field.
Xledger
Xledger Partner
As an Xledger partner, we help mid-market clients implement a cloud-based, automated finance solution that delivers insights and drives growth. We prioritise client goals, creating future proof strategies that boost efficiency and support long-term success.
Modern Finance Made Simple: The Case for Moving Beyond Legacy Systems
Modern Finance Made Simple: The Case for Moving Beyond Legacy Systems
Stuck on a legacy finance system?
In 30 minutes, experts from Xledger and Millennium Consulting explore the real barriers holding finance teams back – from perceived risk and complex integrations to data integrity and change fatigue. They also reveal the opportunity cost of delaying cloud adoption, including missed automation gains, reduced real time visibility and diminished operational resilience.
In this session, we explore:
- Why cloud transitions often stall and practical ways to remove the most common obstacles.
- What you’re missing by not being on cloud, from improved scalability to stronger financial oversight.
- How AI and automation are being applied in real finance environments.
- A structured, low-risk roadmap to modernise finance in phases and create sustainable progress.
This session provides actionable guidance, with insights on pitfalls of legacy systems, opportunities with AI and automation and proven approaches from the field.
Xledger
Xledger Partner
As an Xledger partner, we help mid-market clients implement a cloud-based, automated finance solution that delivers insights and drives growth. We prioritise client goals, creating future proof strategies that boost efficiency and support long-term success.
SunSystems Cloud: What they don’t tell you
Webinar
SunSystems Cloud: What they don’t tell you
Thursday 23rd April 202610.00 a.m. US ET/3.00 p.m. GMT/4.00 p.m. CET
Migrating to SunSystems Cloud provides numerous benefits, however the upgrade process is not a simple lift and shift exercise.
If you are considering moving to SunSystems Cloud then join Millennium Consulting on Thursday 23rd April when Principal Consultant Albert Bouma will share the technical realities of migrating to the Cloud and will also highlight the tangible advantages of upgrading.
He will also share strategies to obtain most value from SunSystems should you decide to remain on premise.
Register here.
Millennium Consulting recognised with four Unit4 Partner Awards
January 2026
Millennium Consulting recognised with four Unit4 Partner Awards
We are delighted to announce that Unit4 has awarded Millennium Consulting four partner awards for 2026:
- Elite Commercial Partner
- Elite Financial Services Partner
- Select ERP Services Partner
- Select FP&A Services Partner
Millennium Consulting has retained Elite Partner status with Unit4 every year since the launch of the global partner programme in 2020. Elite Partners represent the highest level of the programme, awarded to organisations that demonstrate sustained success with Unit4 solutions and deliver exceptional outcomes for shared customers worldwide.
“Maintaining Elite Partner status year after year is a testament to the depth of expertise and commitment of our teams across all regions. These badges reflect the strength of our long standing collaboration with Unit4 and our continued focus on delivering tangible value for our clients. We are proud of this recognition and excited to build on our partnership in 2026 and beyond.”
— Jeremy Lucas, Chief Operating Officer at Millennium Consulting
Why choose Millennium Consulting?
As an Elite Unit4 Partner, we help organisations get more from their Unit4 investment, from strategy and implementation through to optimisation and long-term support.
Our teams combine deep functional and technical expertise with a practical understanding of finance, ERP, and FP&A environments. We also make it easy to extend and enhance your Unit4 platform, offering complementary applications and integrations that allow you to tailor your solution as your business evolves.
Whether you are implementing Unit4 for the first time or looking to maximise value from an existing system, Millennium Consulting is a trusted partner at every stage of your journey.