Why BlackLine: Visibility
When it comes to financial close processes, visibility is imperative. Paper, binders, storage rooms, shared drives and spreadsheets strewn across many locations is extremely inefficient and doesn’t really support clear visibility. Having a secure, centralized online system that serves as a repository for all close status information and supporting documents provides unprecedented visibility into all locations and divisions within a company—regardless of time zones or geography.
BlackLine’s Financial Close Suite is securely accessible over the Internet to authorized users anytime, anywhere. BlackLine incorporates a hierarchical entity structure and user roles to ensure that people can access only the information that is pertinent to their business processes. Management at all levels has visibility into the status of account reconciliations, tasks, manual journals and other close processes along with the capability of drilling down into the details that may be needed to fully understand their areas of responsibility.
The information stored in BlackLine is disseminated through powerful dashboards and reports that are designed to precisely highlight progress, risk associated with required adjustments, delinquencies and incomplete processes. Having the visibility into remote locations, with detailed drilldowns, has been proven to have exceptionally high value.
“One of the primary benefits of the system that I enjoy is the transparency and the governance it gives us in a global corporation. We are able to make sure all accounts have ownership. And that they are getting reconciled on a timely basis. This is a very beneficial tool and provides a lot of governance and transparency to management.”
Director of Internal Controls
Software |
Services |
Getting Started |
Our Company |
Efficiency & AutomationVisibilityControlEase of Use |
SupportTrainingWhiteGlovePartners |
Low Upfront InvestmentFast, Low-Risk ImplementationsERP Integration and ConnectorsMinimal IT Involvement |
Our ClientsOur CommunityOur ReputationOur Promise |
