More than 650 manufacturing organizations trust BlackLine to deliver F&A transformation across the Office of the CFO.
The manufacturing industry is evolving, driven by advancements in automation, digitalization, and demand for sustainable practices. Companies are adapting to these shifts to improve productivity and maintain their competitive edge.
In response, finance and accounting teams in manufacturing must adopt smarter solutions. With rising material costs, global supply chain complexities, and the need for agility, they require technology that enhances operational transparency, strengthens cash management, and enables data-driven decision-making for long-term growth.
Matching and reconciling massive volumes of transactional data manually is time consuming, tedious, and error-prone, especially if managed in spreadsheets. Our platform standardizes and automates your reconciliations with the ability to ingest, transform, and match high volumes of transaction level data from multiple systems such as ERPs, inventory or warehouse management systems, and banks, reducing the risk of process breakdowns and undetected financial statement errors and enabling teams to focus their time on anomalies and exceptions.
Lack of detailed insights can be costly when making decisions. BlackLine automates and accelerates the calculation and identification of fluctuations at the desired level of precision. By gaining visibility and insights into detailed financial data, your teams can make informed decisions faster and with confidence.
Manual management of record-to-report activities are inefficient and error-prone. Our solution automates these processes, providing real-time visibility and enhanced accuracy and control, freeing up resources to focus on higher-value activities that drive growth and profitability.
Manufacturing companies book thousands of journal entries per month, increasing the risks related to financial compliance, audit compliance and accurate decision making. BlackLine centralizes and standardizes journal entries across various ERPs, automating workflows from creation to posting, increasing efficiency and control. With AI-driven insights, our solution enhances visibility into the volume, timing, and nature of your journal entries, minimizing risk and maximizing intelligence.
Efficient cash flow management is critical to business health. Our solution optimizes credit management and automates cash application, helping your teams reduce days sales outstanding (DSO), improve working capital, and maintain strong customer relationships.
Inaccurate financial data can be costly. With our platform’s anomaly detection capabilities, you can identify and resolve financial discrepancies quickly, ensuring accuracy in your financial reporting while reducing the risk of costly errors.