Sigma Conso, Belgium

Sigma Conso

Sigma Conso Belgium

Sigma Conso offers a comprehensive range of software and services in the fields of statutory consolidation and financial reporting.

The Company provide clients with adapted and upgradeable solutions to facilitate consolidation process, mergers, acquisitions, conversion to a new accounting regulation, reports, improvement of your consolidation and reporting processes and also offer training sessions in consolidation, conferences and on-site training.

Their product line includes full web software that is high in expert content, user-friendly, flexible, high performance, easy to maintain by users and has a low cost of ownership.

CPM software: consolidation, reporting, budgeting

A comprehensive range of CPM software solutions:

Consolidation – Reporting – Intercompany Reconciliation – Budgeting

Sigma Conso CPM software suite helps you reconcile intragroup transactions, optimise consolidation process and group reporting, perform reliable forecasts and ease budgeting process

We provide you with CPM software applications that are:

  1. Easy-to-use, ensuring swift adoption
  2. Fast to deploy, for low implementation cost
  3. Web-based, for easy access, anytime, anywhere
  4. Collaborative, for real-time information sharing and efficient processes
  5. Multilingual, to support your group’s international developments
  6. Easy to update, for more flexibility and lower maintenance costs
  7. Easy to interface to any other system : a hub makes data exchange quick and reliable, for greater automation

The Company offers:

MONA Group Reporting Software:  The unified full web consolidation and reporting solution that provides complete data traceability and powerful internal and external reporting functionality.

MONA Interweb:  A unique inter-company (interco) account transaction invoice matching and reconciliation solution that helps you improve the quality of your accounting information.

MONA Planning: Mona Planning is a budgeting application which meets all of the planning needs of companies, including integrated financial planning, sales, production and human resources planning, etc.

Are you looking for a reliable, high-performance solution to optimize your consolidation reporting? Do you need a powerful, user-friendly application to reconcile intercos and intragroup accounts?

PML Advisory partners with Sigmaconso on implementation of consolidation software and intercompany reconciliation software in Nigeria.

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Sigma Conso, Belgium

It has been 6 months of demanding work for most Auditors and Accountants. Most Companies in Nigeria are 31 December financial year-end. Some companies are 31 December due to:

For those that are mandated to have their financial year-end as 31 December, it is understandable but why do you choose 31 December when it is not mandatory for your company.

With 31 December being year-end for most companies in Nigeria, auditors and accountants work very hard to meet up with the reporting deadline. What you experience, is that Clients with fat cheques get the attention of the Auditors, and most time, they meet the reporting deadline earlier compare with smaller companies.

It is also a common occurrence to experience regulatory filing difficulties on the last day of filing of 30 June for 31 December year-end client. The heavy internet traffic on the Tax Authority website crashes the website on such date and usually difficult to file returns.

Instead of selecting 31 December as your financial year-end, you can also align your year-end with your business cycle. A school can choose 30 September year-end as it aligns with the Student Academic calendar.

Our suggestion is always if you are not mandated to be a 31 December year-end client, please choose another month for your financial year-end. You will receive better service and attention from your auditors and tax authority because work pressure will be less. March, June, or September is a good alternative financial year-end to choose.

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