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BlackLine

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Cloud Financial Close Solutions | 2019 Gartner Magic Quadrant

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Australia Post Accounting Team Delivers Results with Automation & Controls

“We don’t have to spend time sending emails, photocopying and scanning, and sitting down with the auditors to answer every single question,” Phan says. “We ensure auditors have appropriate access to the accounts they need through BlackLine, and if they have questions, it’s straightforward. That’s a very big plus for us.”

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OF ACCOUNTS WITH BLACKLINE” font_container=”tag:h2|text_align:center|color:%230a4774″ use_theme_fonts=”yes”][vc_single_image image=”18089″ img_size=”full” alignment=”center”][vc_column_text css=”.vc_custom_1572231628434{padding-top: 2% !important;padding-right: 10% !important;padding-left: 10% !important;}”]

Auto-reconciled 58% of accounts and more than 95% bank statement transactions, introduced rules and relationships between accounts, increased internal customer satisfaction rates, removed the need for manual reconciliations, embedded alerts within the system, provided remote access to external auditors

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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.

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