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.
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Accounting Process Automation
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.
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.
Build Confidence with a Virtual Close in Uncertain Times
Recent global events have challenged companies in unprecedented ways, forcing them to reconsider how they work. Reliance on spreadsheets, tribal knowledge, and in-person communication is not sustainable, and accounting teams must quickly adapt to closing the books with a distributed workforce. BlackLine can help you adopt virtual close processes during this crisis, and beyond.
What is a Virtual Close?
A virtual close is the successful monitoring and execution of period-end financial close processes in a distributed environment. A virtual close means accounting and finance teams can collaborate from anywhere to unify data and processes across disparate systems, with visibility and reporting on all activities, to be able to close with confidence in uncertain times.
BlackLine provides a foundation for accounting teams to adapt quickly while delivering a timely, complete, and accurate virtual close.