With Sigma InterWeb benefit from:
For the group
  • saves days in the reconciliation process
  • enables to shorten the consolidation delays
  • gains accuracy and transparency
  • fastens audit process
  • offers high level of security, with centralized monitoring of access rights
For the consolidator
  • suppresses the differences analysis
  • avoids the whole iterative process with the subsidiary, by sending information back and waiting for answers
  • allows to run the intercompany matching independently from the consolidation schedule
  • allows to control the whole process and the status of reconciliation achieved at any time
  • Enables quick implementation and parameterization by using Sigma Consolidation database information or by importing data from any other consolidation or reporting system via Excel files.
For the local entity
  • suppresses the collection of intercompany account information
  • allows more responsibility and autonomy on the intercompany reconciliation for improved efficiency and quality
  • the more frequent or even continuous process facilitates the follow-up of the intercompany accounts; less time is needed to search differences sometimes one year old
  • fastens the direct peer-to-peer agreement process between partners
  • improves communication by inserting comments and explanations on differences
  • facilitates ticking off of matched transactions by automatic lettering
For the auditor
  • provides extended reporting possibilities in Excel
  • enables control with different materiality levels
  • speeds up the control by using one single tool to analyze invoice reconciliation as well as account reconciliation

Fast implementation
User-friendliness and preparameterization allow a fast implementation in a few days. The costs are reduced to a minimum and your return on investment is obtained even more quickly.