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ESG's Sean McGuire Presents at Oracle Open World 2011 Print
Thursday, 01 September 2011 00:00

Oracle OpenWorld is the world's largest information technology event dedicated to helping enterprises understand how to harness the power of information. ESG’s Sean McGuire, VP, Oracle Practice, presented at this year’s Oracle OpenWorld.

Jonathan Siegel, VP at Marsh & McLennan Companies, and Sean McGuire, VP at Enterprise Solutions Group (ESG) gave a presentation on: Acquisitions Made Easy with Oracle Financials Accounting Hub. The presentation covered acquisitions, the challenges they present and how to leverage Oracle's Financial Accounting Hub (FAH) to solve these issues.

Acquisitions create a challenge for organizations producing consolidated financial statements from a single ERP system, because data from disparate legacy systems must be combined into a unified financial system and chart of accounts.

In their session, learn how Marsh & McLennan Companies leverages Oracle FAH to support an acquisition strategy by integrating domestic and global systems into a single general ledger. Through collaboration with ESG, Marsh & McLennan utilizes the power of Oracle Financials Accounting Hub's mapping and rules engines, combining data from multiple systems into a single chart of accounts while eliminating manual activities and reducing change impacts on acquired entities.