Press release by Moore Stephens International – The thought-leading Business Analytics consulting company, element61, will become part of Moore Stephens Belgium’s consulting group in 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 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 insights in real time allows management to make the right choices. 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. Due to our dedication to expertise, pragmatism and our hands-on approach, we are fortunate to be serving Belgium’s premier organizations.
"At Moore Stephens, we found 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 personal 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, analysis, 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."