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 2011will 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 fromBlackLine 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

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 https://www.blackline.com/.

MEDIA CONTACT:

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

The Future of Accounting Is Here
Schedule A Demo