BlackLine is a provider of cloud-based solutions that transform Finance and Accounting (F&A) by automating, centralising and streamlining financial close operations, intercompany accounting processes and other key F&A processes for large and midsize organisations. Designed to complement virtually all ERP and other financial systems including SAP, Oracle and NetSuite, BlackLine increases operational efficiency, real-time visibility, control and compliance to ensure end-to-end financial close management and accounting automation from within a single, unified cloud platform.
Transform and simplify finance and accounting processes.
Leapfrog the traditional record-to-report process, create clear visibility into accounting and business process performance, and drive continuous improvement across your F&A organisation.
BlackLine’s Finance Transformation Solution empowers the accounting and finance function to manage and control the end-to-end financial close process by automating accounting workflows, providing a centralised and secure workspace to perform period-end accounting activities, and streamlining financial reporting. The resulting absence of complex, manual, and error-prone steps inherent in dated accounting practices, enables teams to focus on analysing discrepancies and uncovering new ways to create value for the organisation.
Automate and eliminate manual processes and errors
BlackLine Accounting Process Automation improves the speed, accuracy, and reliability of the reconciliation to the adjustment process by automating your routine and high-volume transactional processes. Through configurable, rules-based certification and matching workflows, controlled roles-based access, and automated journal validation, creation, and posting, organisations are able to put an end to mundane tasks and enable teams to apply their valuable skills to larger issues that support strategic business objectives. And by leveraging a combination of data and process standardisation, embedded internal controls, and real-time reporting and dashboards, accounting and finance leaders can continuously monitor and evaluate performance to drive further process optimisation.
BLACKLINE SMART CLOSE
Simplify, Standardise, and Automate Your Financial Close in SAP
With so many steps and dependencies in the financial close, it is easy to waste time and increase risk by missing vital tasks or skipping critical approvals. The best-run accounting organisations define and standardise their close processes from corporate to subsidiary, have clear visibility into progress, ensure controls and documentation, and have accountability and assignment of tasks. BlackLine Smart Close enables a simplified, standardised, and automated financial close, embedded directly within SAP.