“At last we’ve found a powerful and user friendly software developed by a consolidator for the consolidators.”

“There was a lack in the market for a genuine tool for statutory consolidation. The delays are shorter and shorter and soon the IAS/IFRS requirements will add complexity to this process. With Sigma I can cope with new challenges.

“Before I saw Sigma, I was not convinced by the tools available on the market. They are often complex, difficult to maintain by yourself and not focused enough on statutory consolidation. Now I am sure I have found the right solution.”

“I was very pleased with the old software Echo and I find its methodology back in Sigma, with a lot of added value enrichments.” (Besix, Lhoist, CMB, FN, CFE, NMC, Brederode, Industeel, Cie du Bois Sauvage, …)

“With Sigma I have a complete tool for financial communication, including the cash flow statement, the contribution of the companies in the consolidated accounts, the automatic make up of subconsolidations, the consolidation by region or by product. …I save an invaluable time and I am ensured of a total accountability from the audited statutory accounts to the consolidated accounts.” (CMB, Lhoist, CMI, CIB, Atenor, …)

“Sigma has special functions to manage the information flows in multi-level organizations like ours: no other software can deal automatically with intercos intra-group and inter-subgroups allowing the transfer of trading partner from one level to a higher level.We were impressed by the quick and efficient reaction of Sigma team to develop this expert feature in such an efficient way.” (Lhoist, CMB, Ravago, Van de Wiele)

“We have an experience with other consolidation packages but decided to switch over to Sigma for a number of reasons: high level of service and support located in Belgium, better accountability (we can explain every difference very easily), no more consultancy needed when we want a new report or if we want to change the standard chart of accounts, more user friendliness and flexibility.” (Cie du Bois Sauvage, Besix, Detry, FN, Ethias, Gantry, Ravago)

“Statutory and financial consolidation is becoming more and more an expert process, especially with the new IFRS regulations. Auditors are also asked to be more efficient in their missions. They can be helped a lot with Sigma. We have chosen to use specialized tools for each task: Sigma for the financial consolidation, other dedicated software for budgeting, and accounting. The automatic interfaces between Sigma and the other systems ensure full data consistency and avoid multiple input.” (Lhoist, CFE)

“With Sigma we achieve our monthly consolidation in one day, importing the balance sheet figures automatically from SAP and reconciling with the management reporting.” (Joris Ide, Gevers, Industeel)

"No other system than Sigma could allow us to face the new challenges our group had to meet so efficiently : we had to introduce analytical dimensions on all accounts in december and produce our complete set of reports within a month." (Besix, NMC)  

“We are very satisfied to outsource our consolidation application to Sigma: each year we set the planning together; we receive the Sigma-Bundles personalized for each subsidiary and fill them. They are E-mailed to Sigma. Within only a couple of days we produce the complete consolidation. We can also have the Sigma-Audit version of the software with a back-up of our consolidation installed on our own PC. This allows us to answer directly the auditor’s questions or to produce additional information on Excel for instance.”

These testimonials simply reflect the concerns and wishes of a major part of the consolidators and of the groups today, who privilege the use of efficient and specific tools for each type of financial reporting. To allow easy integration with other products, Sigma has been developed with an open structure in a full Microsoft technical environment.

The demand of the auditors for a transparent and rigorous product is also very high and they are confident that Sigma is completely in line with their review and control methodology.

Today, Sigma combines the unique strength of 20 years experience in consolidation and software development and is considered as the reference tool in Belgium by the consolidators as well as by the auditors.