Sigma Conso announces two new clients in January in Luxembourg.
Two fund administration companies, EFA (European Fund Administration) and Vistra, have just joined Sigma Conso Consolidation & Reporting’s large community of users in Luxembourg.
Strassen, February 13th 2018 – Sigma Conso, international supplier of CPM software and services, today announces that EFA and Vistra, both fund administration companies, have acquired Sigma Conso Consolidation & Reporting software application.
Fund administration companies in Luxembourg need fast-to-implement and easy-to-use software applications to efficiently prepare the consolidated accounts for their clients, taking into account their specific needs and managing various accounting standards.
Using an application such as Sigma Conso Consolidation & Reporting allows them to deliver reliable consolidated reporting to their clients within a short period of time, with less time and effort spent on the process, while guaranteeing data reliability and auditability.
Annie Frère, Director of Sigma Conso Luxembourg, states:
« We are happy to provide EFA and Vistra with our business expertise, regarding consolidated financial reporting. Our application is highly flexible, and caters for various needs and business sizes, from the management of a couple of funds up to the management of several hundred of them.
Today, we serve more than 60 clients in Luxembourg. We thank them for their trust and loyalty. »
About Sigma Conso
Sigma Conso provides software, training and services in the field of corporate performance management (CPM). Sigma Conso, with its head office in Brussels, has as mission to simplify processes for group reporting and planning professionals. Sigma Conso provides over 500 international groups with tailored and flexible solutions that can evolve with the group.
Sigma Conso is currently undergoing fast international expansion with a presence in major European and Asian economic centres: Brussels, Luxembourg, Paris, Amsterdam, Warsaw, Singapore, Kuala Lumpur, Tunis, Abidjan, Munich, Vienna, Zug, Bilbao, London and Osnago (Milan).
For more information, please go to www.sigmaconso.com
About Sigma Conso CPM
Sigma Conso delivers a complete range of modules to cover the corporate performance management needs of groups of any sizes and any sectors. The solution can be hosted at the client site and is also available in PaaS and SaaS modus.
- Consolidation & Reporting is a 100% web‐based financial consolidation and reporting solution for groups. It is ready to use, easy to learn and can be fully customized by users. It enables the collection and consolidation of actuals, budgets and forecasts data. The attention to ensuring information traceability and intuitive navigation makes it a particularly well-suited solution for users with demanding audit standards.
- Intercompany is a 100% web-based solution for the reconciliation of intra-group operations at transactional level, allowing an ongoing reconciliation process through the entire accounting year. The result: amounts are reconciled prior to the consolidation step and independently of it as part of a regular process. Intercompany fits quickly into existing application environments (ERP, consolidation package) and can be deployed in entities in just a few days (intuitive interface).
- Planning is a unique budgeting and strategic planning application which provides advanced performance analysis, business intelligence and forecasting functionalities. Integrate your financial and operational data for a transversal approach of you activity and make use of the functionalities for dashboarding, visualization, creation of simulations… The software helps you set up a flexible and accurate process to improve the financial performance of the group. Planning is quick and easy to set-up and offers a flexible platform to support the organisation’s future developments.
Several ready-to-use Business Contents are also available in the portfolio of our applications. Among others, we can list IFRS, BeGaap, FrenchGaap, LuxGaap, DutchGaap, ItalianGaap, IFRS16 module, Integrated Financial Planning, Sales Planning, HR-Planning, Risk Management, Cash Planning, etc…