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October 25, 2010

Microgen releases Accounting Hub

Financial transparency between underlying transactions and the general ledger

By CBR Staff Writer

Microgen has introduced its Accounting Hub ("MAH") for the Teradata Platform Family, which is designed to enable organisations improve accuracy and financial transparency between underlying transactions and the general ledger.

Microgen said its Business Process Platform, MAH is based on the company’s Aptitude.

By leveraging MAH with Teradata’s data warehouse capabilities, enterprises will be able to drill down from general ledger balances into the MAH detailed transaction-based ledger and linked transaction details.

Microgen divisional managing director of Europe and Asia Elizabeth Sipiere said the delivery of the Accounting Hub on the Teradata platform sets a new benchmark in the delivery of financially accurate information to organisations with very high transaction volumes, such as retail banks and telecom companies.

"MAH on Teradata raises the bar for enterprise technology platforms, supporting accurate, fast and more transparent front and back office accounting," Sipiere said.

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