Sigma Conso provides software, training and services in the field of Corporate Performance Management (CPM). Sigma Conso was acquired by Prophix in October 2021. As an innovative leader in cloud-based CPM, Prophix enables mid-market companies across multiple industries worldwide to improve their financial reporting capabilities, while also standardizing and streamlining the budgeting process to generate significant ROI through a faster time to close, reduction in budgeting errors and an ability to reforecast in a more agile way. Integrating Sigma Conso’s financial close management tools with Prophix’s cloud CPM software provides customers with more powerful and flexible consolidation and reporting capabilities that addresses even the most complex audit demands, while it also further strengthens Prophix’s reach in key European and Asian markets. “This partnership is a perfect example of the whole being greater than the sum of its parts,” said Alok Ajmera, president and CEO of Prophix. “The addition of Sigma Conso’s technology and resources strengthens Prophix’s consolidations capabilities while also extending our global reach. Similarly, Sigma Conso joins Prophix’s ranking as a leading cloud CPM software provider with more than 1700 active customers worldwide, industry-leading retention rates and best-in-class customer NPS.”