Mercator's financial solutions make rapid progress
Rising demand for innovative computer systems to handle the increasingly complex flood of airline revenue data has led to a recent surge in sales for financial accounting solutions from Mercator, the information technology (IT) division of the Dubai-based Emirates Group.
Earlier this month, Mercator won the largest contract to date in its history -- when Greece's Olympic Airways selected its new Revenue Accounting Bureau Service. In the past year a host of major international airlines have chosen one of Mercator's Rapid family of revenue accounting solutions to provide faster and more accurate financial data – and so doubling its list of customers, including two in the fiercely competitive Americas market.
In September, Tahiti's international Air Tahiti Nui was first to opt for Mercator's new Dubai-based Revenue Accounting Bureau Service, offering immediate benefits, processing and swift implementation for an attractively low initial outlay.
The Bureau Service now processes more than 25 million airline ticket coupons a year, including those from Mercator's parent company Emirates, and is set to become a major force in the field of airline revenue accounting.
Most recent to sign up was East Africa-based Air Malawi. It followed Air Pacific, which was launch customer for Fastrac in April. Singapore Airlines Cargo chose Mercator to carry out in-depth analysis, scoping and evaluation of its cargo revenue accounting systems. This will assist in documenting the requirements and feasibility of a Rapid Cargo implementation.
Mercator also built on its unrivalled expertise in airline IT by offering consultancy services to airlines implementing Oracle financial, HR and procurement applications. A successful rollout has already been achieved at Air Malta. — (menareport.com)
© 2002 Mena Report (www.menareport.com)