Mercator enters the outsourcing game with accounting service
Based on Mercator’s in-house developed RAPID accounting application, the service will enable airlines to leave revenue accounting to the IT services group.<br>
Mercator, the IT division of Emirates Group, is making its play as an outsourced services player with the launch of its Revenue Accounting Bureau Service.
Based on Mercator’s in-house developed RAPID accounting application, the service will enable customer airlines to leave passenger and cargo revenue accounting to the IT services division.
The service handles all elements of aviation revenue accounting, including data capture, proration, accounting, auditing, reconciliation, management reporting and interline billing. All customer airlines have to do is pass on ticketing data onto Mercator.
Information availability and ‘top class’ service will be guaranteed by the group’s twin data centre infrastructure.
“Airlines are now able to reap the benefits of Mercator’s unrivalled product quality and two thousand man-years of revenue accounting experience, leaving them free to focus on competing effectively,” says Hugh Pride, director of IT, Mercator.
Mercator is touting the usual advantages that other outsourcing players provide – namely faster implementation, lower initial investment, reduced accounting costs and no training investment.
The bureau service already supports Emirates’ global network in over 50 countries. The results are “clear to see” with the airline being the fastest in the industry to declare its financial results, claims the press statement from Mercator.