BlackLine Systems to Host Roundtable with Proxyon International and SAP AG at SAP’s Corporate Headquarters in Walldorf, Germany


LOS ANGELES – Nov. 8, 2011 –Financial close software provider BlackLine Systems is teaming up with financial close consulting firm Proxyon International and SAP AP (NYSE: SAP) to host a roundtable event next week at SAP’s corporate headquarters in Walldorf, Germany.

The session, entitled “The Road to Reconciliation: Achieving Balance Sheet Integrity,” will demonstrate how finance, accounting, audit and compliance executives can further ensure the integrity of their balance sheets – and ultimately financial reports – by implementing software to automate the traditionally manual, labor-intensive and spreadsheet-driven account reconciliation process.

A half-day event is planned for Tuesday, Nov. 15. The discussion will hone in on the importance of the account reconciliation process as a critical step to achieving balance sheet integrity.

Details are as follows:

What: “The Road to Reconciliation: Achieving Balance Sheet Integrity”

When: 8:30 a.m. to 3 p.m. CET, Tuesday, Nov. 15

WhereSAP’s corporate headquarters - WDF1, Dietmar-Hopp-Allee 16, 69190, Walldorf, Germany

Speaker lineup:

  • Stefan Karl, chief solution expert, Finance Solutions, SAP AG
  • Edwin Weijers, chief solution architect, SAP Financials, Proxyon International
  • Mario Spanicciati, executive vice president, Operations, BlackLine Systems

Attendees will learn how, by automating their account reconciliations, they can:

  • Virtually eliminate spreadsheets (and the manual errors that come with them) from their account reconciliation process
  • Automate traditionally manual accounting functions
  • Have a faster, more efficient close cycle – improving control and visibility, while reducing risk
  • Realize exceptional ROI in a very short timeframe
  • Improve the accuracy and timeliness of compliance reporting
  • Manage compliance while servicing multiple locations, worldwide

BlackLine is an SAP® software solution and technology partner, member of the SAP PartnerEdge™ program and a participant in the SAP EcoHub solution marketplace – SAP’s premier online destination designed to provide SAP customers with information on relevant, complementary technology solutions that are certified by SAP (such as the BlackLine 5.1 solution).

BlackLine recently was named a 2011 SAP® Pinnacle award finalist in the “Software Solution Newcomer of the Year” category. SAP Pinnacle awards are presented annually to the “best and brightest” of the SAP partner ecosystem, recognizing partners that have excelled in developing and growing their partnership with SAP and driving customer success.

About BlackLine

BlackLine is a provider of cloud-based solutions that transform Finance and Accounting (F&A) by automating, centralising and streamlining financial close operations, intercompany accounting processes and other key F&A processes for large and midsize enterprises.  Designed to complement ERP and other financial systems, BlackLine’s cloud platform increases operational efficiency, real-time visibility, control and compliance to ensure end-to-end financial close management and accounting automation.

BlackLine’s mission is to continuously improve the quality, accuracy and efficiency of Finance and Accounting by centralising key functions within a single, unified cloud platform. Enabling customers to move beyond outdated processes and point solutions to a Continuous Accounting model, in which real-time automation, controls and period-end tasks are embedded within day-to-day activities. BlackLine helps companies modernise accounting operations with intelligent automation, ensuring more accurate and insightful financial statements and a more efficient financial close.  To date more than 2,800 companies with users in over 130 countries around the world trust BlackLine to help ensure balance sheet integrity and confidence in their financial statements.

BlackLine is recognized by Gartner as a Leader in its 2019 Magic Quadrant for Cloud Financial Close Solutions.

Based in Los Angeles, BlackLine also has regional headquarters in London, Singapore and Sydney servicing its 14 global locations.For more information, please visit


Ashley Dyer
Sr. Public Relations Manager
P. 818.936.7166