Deloitte, Northrop Grumman to Join BlackLine on Panel at SSON Finance Transformation Summit 2011

SR. FINANCE EXECUTIVES TO DISCUSS AUTOMATING ACCOUNTING PROCESSES IN A SHARED SERVICES ENVIRONMENT

LOS ANGELES – Sept. 16, 2011 – Representatives from financial software provider BlackLine Systems along with Deloitte and BlackLine client Northrop Grumman (NYSE: NOC) will be speaking at the Shared Services & Outsourcing Network’s (SSON) Finance Transformation 2011 show next week in Dallas.

Finance Transformation 2011 will bring together leading shared services and outsourcing professionals from around the world to share best practices for streamlining finance operations by incorporating “holistic vision and operating strategy, end-to-end process optimization, technology enablement, business performance management and sourcing strategy – whether that strategy is shared services, outsourcing or a combination of the two.”

Smart, efficient close to report cycles create a foundation for evaluating performance, supporting business decisions and satisfying external reporting requirements. Until now, finance departments have had to rely on spreadsheet-driven processes that often contain hidden errors, resulting in costly mistakes.

BlackLine Solutions Consultant and former Hallmark Cards Global Shared Services Accounting Manager Laura Sereduck, CPA, will lead a panel discussion entitled “The Road to Reconciliation: Closing with Confidence and Achieving Balance Sheet Integrity with BlackLine.”

Josephine Smith, CPA, and Pennie Jackson, finance department representatives from BlackLine client company Northrop Grumman, will share their experience on how global companies operating in a shared services environment can communicate better, improve efficiencies, increase productivity and reduce bottom line costs by implementing an automated account reconciliation and financial close system. Vijay Pinto, CPA, and a director in the finance transformation practice of Deloitte & Touche LLP, will also participate on the panel.

During the session, the panelists will discuss how automating traditionally manual accounting processes, such as account reconciliations, can virtually eliminate spreadsheets – and the errors/headaches that come with them. Attendees will leave the session with insight into how they can:
The Shared Services & Outsourcing Network (SSON), which puts on several conferences throughout the year, is the largest and most established community of shared services and outsourcing professionals in the world.

  • Implement technology to automate the entire financial close process, increasing control and visibility across the board
  • Ensure timely, accurate and documented communications between all departments (accounting, finance, compliance, auditing, etc.)
  • Realize exceptional return-on-investment (ROI) in a very short timeframe
  • Improve the accuracy and timeliness of compliance reporting
  • Define responsibility and process ownership
  • Manage compliance while servicing multiple locations

To learn more, contact Howard Goldstein at howard.goldstein@blackline.com or visit BlackLine at the show.

About BlackLine
Founded in 2001, BlackLine Systems was the first to develop and offer a commercially available Balance Sheet Account Reconciliation solution. An experienced provider of software to companies from the Fortune 100 to beyond the Fortune 1,000, BlackLine provides quick-to-implement, scalable and easy-to-use applications that automate the entire financial close process to help improve financial controls for companies of all sizes. BlackLine software applications complement existing Enterprise Performance Management (EPM), Governance Risk and Compliance (GRC) and Enterprise Resource Planning (ERP) systems.

BlackLine offers clients its enterprise-class software in a simple and secure OnDemand/SaaS platform. With a proven track record and a commitment to customer success, BlackLine seeks to reduce the burden the financial close places on accounting and finance professionals. For more information, please visit www.blackline.com.

Media Contact:
Kimberly Uberti
Director of Corporate Communications
BlackLine Systems
310-721-6850
kimberly.uber

MEDIA CONTACT:

Ashley Dyer
Sr. Public Relations Manager
P. 818.936.7166
E: ashley.dyer@blackline.com

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