SIGMA Management Group, Inc. Announces the Launch of Its New Web-Based Risk Management Platform, Global EDGE

ST. CLOUD, Minn., Aug. 12 /PRNewswire/ -- SIGMA Management Group, Inc., a leading provider of Accounts Payable Risk Management Solutions, announced today the launch of their new product suite, Global EDGE. This dynamic web-based Accounts Payable solution is designed to deliver Cost Containment, Risk Mitigation and real-time Revenue Recovery solutions for virtually any industry.

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SIGMA's Global EDGE suite of products encompasses six very distinctive services. The strength in the platform is how these services are brought together and how SIGMA leverages data and analytics to create value for both the client and their vendors. Since the product is industry agnostic, it can be introduced into any Accounts Payable environment.

"The direction we've taken as a company is entirely client driven. As an audit firm, we've been listening to the needs of the industry and have engaged our clients to thoroughly understand the complex challenges they face. Conceptually, we have been working on Global EDGE for the past two years and started development in 2010.  While ambitious, our goal has been to create a platform that is scalable, yet robust enough to deliver the services that have traditionally taken up to six vendors to deliver," said Darren Brittain, Chief Executive Officer.

The Global EDGE Risk Management Suite includes:

• Guardian:  Vendor authentication and credentialing -- SIGMA screens over 70 risk factors to ensure regulatory compliance and good financial standing of their suppliers.
• Vanguard:  Fraud detection and prevention -- One in three businesses are directly affected by fraud.
• InSight:   Vendor Master File management services -- Up to 75 percent of duplicate payments can be eliminated by consolidating vendors.
• Second Glance:  Real-time contract and accounts payable auditing -- A web-based solution that puts tools in the hands of the client.
• Vendor ePay:   Electronic payment and remittance advice -- Reduce payment remittance costs up to 90 percent, and provide email notification with every payment.
• Audit Recovery:  Full scope recovery audit services -- The foundation of our company.

The early adoption of SIGMA's new platform has proven to be strong, as SIGMA can tailor the platform to meet most needs and address unique challenges within any organization.

"We are excited about SIGMA's new Risk Management Platform, Global EDGE.  Knowing where our vendors stand relative to any fraud exposure, regulatory compliance, and financial standing brings a peace of mind to Select Comfort.  We find SIGMA to be an extremely flexible partner, and look forward to utilizing their tools, including real time auditing and contract compliance," said Bob Poirier, Chief Accounting Officer, Select Comfort.

For more information about SIGMA Management Group and Global EDGE, visit us on our website at www.SigmaMG.com

SOURCE SIGMA Management Group, Inc.