Finance transformation can be challenging, as it often requires scarce resources (money and employee time). However, the benefits typically outweigh the costs.
BlackLine’s Financial Close Suite is one way companies automate many of the processes that take place during the financial close. Manual tasks, such as journal entries, reconciliations and variance analyses, can be done more efficiently, using the application. Workflow is automated, which ensures that tasks continue to move through the process in a timely manner. Users can attach supporting documentation, policies and procedures, and comments to each of the tasks, making it easier for management to review. In addition, robust dashboards and reporting give management real-time visibility into the status of the financial close.
Learn more about BlackLine’s Financial Close Suite and how it can help your company with finance transformation.