element61 joining forces with Moore Stephens

element61 joining forces with Moore Stephens

BRUSSELS, December 15th, 2015 —element61, the thought-leading Business Analytics consulting company, will become part of Moore Stephens Belgium’s consulting group as of January 1, 2016. Both organizations believe in a shared future built on a passion for entrepreneurship, data and technology.

element61 has a unique level of experience and expertise in Business intelligence, data warehousing and Performance Management. With over 40 senior consultants, each bringing on average 13 years or more experience to the business, element61 has a combined 500+ man-years Business Analytics experience. element61 acts as a Center of Excellence offering both the capacity and the quality large organizations require to successfully implement Business Analytics & Performance Management.

"Managing and analyzing data has become critical for all organizations. Years of investment in ERP and CRM systems generate large amounts of data, but all too often this data is not easily accessible or utilized in a smart way. Having access to reliable information and real time insights allows management to make the right decisions. We made an important strategic choice in strengthening our organization with the most experienced Business Analytics consulting group on the Belgian market, allowing us to serve our clients both better and in a more comprehensive way”, according to Frederik Berckmoes-Joos, Chief Strategy Officer at Moore Stephens Belgium.

As part of Moore Stephens Belgium, element61 will be able to grow faster and broaden its service offering.

Stijn Vermeulen, Managing Director at element61: "We’ve grown at a pace of 25% year over year since our inception in 2007. Today we are known for experience, expertise, innovation and quality. Every year, we invest 15% of our revenue in R&D and further development and training of our consultants. Thanks to expertise and pragmatism, we are fortunate to serve Belgium’s premier organizations. At Moore Stephens, we find a culture that embraces and fosters entrepreneurship, allowing us to accelerate our growth and ensure future success.

Moore Stephens has a proven track record of making the right innovative strategic choices. We also feel very encouraged about our consultants becoming part of an organization that offers further development and growth opportunities to its people. Furthermore, we have a shared vision for the future of the finance department, and the organization as a whole, in which we continuously improve the reporting, forecasting, planning, analyses, budgeting and consolidation processes. Having access to the functional knowledge of the accountants and consultants at Moore Stephens will allow us to help clients in end-to-end solutions.”

All element61 partners are joining the partnership at Moore Stephens Belgium. Together, the new group entails 380 staff and 30 partners, and generates a joint revenue of € 45 million per year. Stijn Vermeulen will continue to lead the Business Analytics business, and will add operational and strategic leadership to the firm. Toon Puissant, Frank Lehouck, Bjorn Van Damme and Frederic de Schutter all become partner at Moore Stephens Belgium.

Peter Verschelden, CEO at Moore Stephens Belgium: "We are building the firm of the future, allowing us to service clients today and tomorrow in the best possible way. Hans Cools joining the firm as co-CEO this year has been critical in successfully facilitating that transformation. We anticipate 2016 and the years beyond to bring even more exciting transformation to our firm. Our two firms joining forces is a critical first step in becoming dominant in the growing Business Analytics market.”

About Moore Stephens Belgium

Moore Stephens Belgium ( www.moorestephens.be ) is the largest independent accounting and consulting firm in Belgium with key centers in Brussels, Antwerp and Ghent, offices in Shanghai (China) and Silicon Valley (Californië, US) and multiple local entities in Flanders. Moore Stephens Belgium, a partly family owned business, supports the growth of companies with services in Accounting, Audit, Tax & Legal, Corporate Finance, CFO Services, Strategy & Operations and Business Intelligence. Moore Stephens Belgium is a key member of the extensive network of Moore Stephens International Ltd. This network allows the firm to support the Belgian growth companies worldwide. Moore Stephens Belgium offers services to more than 8.000 clients, SME’s and larger companies, mainly in logistics (transport, distribution, shipping, warehousing), not for profit, food & beverage and the service industry.

About element61

Founded in 2007, element61 is the thought-leading Business Analytics, Performance Management and Financial Reporting consulting company in the Belgian marketplace. Today, element61 has brought together the most experienced team in Performance Management, BI & data warehousing in Belgium. The company has grown in 8 years to about 40 senior consultants with -on average- 13 years of experience in PM & BI, totaling over 500 man years of experience. element61 is certified Partner of market-leading Business Analytics software solutions including IBM Cognos, Microsoft and SAP Business Objects and some visionary new players like Anaplan, Tagetik and Qlik. Customers of element61 include A. Schulman Plastics, Acerta, Aliaxis, Atlas Copco, Brussels Airlines, Elia, Group H. Essers, IATA, iMinds, Isabel, Mensura, Novartis, Omega Pharma, SES, The Rezidor Hotel Group, TUI Jetair, USG People, Vesuvius Group, Vlaamse Milieu Maatschappij, Vlaamse Vervoer Maatschappij – De Lijn, Weber Europe, …

For more information on this press release, please contact Frederik Berckmoes-Joos, Chief Strategy Officer Moore Stephens Belgium on frederik.berckmoesjoos@moorestephens.be or Stijn Vermeulen, Managing Director element61 on stijn.vermeulen@element61.be .