Adopting specialized and efficient tools is a must for most groups.
This is why, on top of the standard functionalities described previously, Sigma allows you to deal more easily with complex changes in group structure, acquisitions, consolidation of subgroups, …thanks to expert built-in functions.
With Sigma you can :
- Easily and efficiently manage mass data
- Refine some processes if necessary, define significancy thresholds without having to modify a complex parameter set
- Filter very accurately on combined criteria to get a quick answer
- Transfer the information to Excel in a click.
> The intercos analysis and the dynamic assistant for correction
The display of the intercompanies accounts balances can be restricted to the accounts and partners for which there is a significant or non zero amount. When opening the Intercos matching window, Sigma provides a dynamic posting of the bookings. For each remaining difference, Sigma proposes to generate an automatic adjustment .
> Dealing with subgroups: how to manage intra-group and inter-subgroup intercos
When a group consolidates by subgroups, the reconciliation of the intercos is firstly processed at each subgroup level and then at the parent company level. Sigma can deal with these different reconciliation levels thanks to its multiperimeter management in the same consolidation. The subsidiary who fills in the data, does not have to bother about the group organization structure and gives the intercos detail on all group companies listed in Sigma-Bundle.
> The dynamic analysis of the consolidation reserves
Different reports help you to validate directly the consolidated equity, company by company, and to identify quickly the origin of the error : currency problem, historic ignored, … To help you even more efficiently, we propose an on-screen dynamic reconciliation.
> The import of data from accounting systems
You can import in Sigma any type of accounts : statutory, forecasts, budgets, from your accounting or budgeting system in Excel or CSV format. Define once a conversion table between account numbers, flows, companies, partners. Aggregation of data on one account is also provided . You can define conversion tables by country and many as you need.
> The search and filter functions
Search and filter functions are available in all Sigma screens to allow for a direct view without having to produce a report.
- automatic search for specific events on basis of criteria selected directly by the user
- automatic filter of intercos differences by company (debit or credit) and by interco rule
- view an adjustment by category, by company and by period
- view the general ledger by account or company
> Validations
Different types of validations are performed by Sigma:
- validation of the group structure and currencies
- consistency controls of the global parameters, including reports
- validations on the bundle and consolidated data
> IAS/IFRS built-in functions
To assist you in the production of management or IFRS information, Sigma proposes a set of dedicated functions. There is no need for long parameterization : these are built-in functions like
- segment information
- continuing/discontinuing operations: result with unchanged scope and impact of changes in structure
Sigma provides a complete analysis of these aspects, allowing also various simulations.
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