Cox Communications, UHY Advisors to Present with BlackLine at Annual Shared Services & Outsourcing Week in Orlando

SESSION TO FOCUS ON THE BENEFITS, ROI THAT CAN BE ACHIEVED THROUGH THE AUTOMATION OF ACCOUNTING PROCESSES FOR SHARED SERVICES CENTERS

LOS ANGELES – March 6, 2012 – Representatives from financial software provider BlackLine Systems along with client Cox Communications and consulting and implementation partner UHY Advisors will be speaking at the 16th Annual North American Shared Services & Outsourcing Conference this week in Orlando.

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

With the number of companies moving to a shared services environment and/or outsourced finance function (often overseas) expected to increase, it is increasingly critical that proper controls are in place. Accuracy, visibility and timeliness of the account reconciliation and financial close processes, as well as the need for real-time access to information with clear, streamlined communications between all parties involved, is more important than ever before.

At this year’s Shared Services Week conference, BlackLine Senior Solutions Consultant Bob Davenport will lead a presentation entitled “The Road to Reconciliation: Achieving Balance Sheet Integrity.” The BlackLine session will focus on how automating traditionally manual accounting processes, such as account reconciliations, can virtually eliminate spreadsheets – and the errors/headaches that come with them – and ultimately help companies “achieve balance sheet integrity.”

The following panelists will share their insight on how companies operating in an outsourced or 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:
Attendees will leave the session with knowledge of 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.

  • Tammie Coley, CPA, Executive Director, Enterprise Accounting & Financial Systems, Cox Communications
  • Frank Fenello, CPA, Managing Director, UHY Advisors
  • Brad Baer, CPA, Principal, UHY Advisors
  • 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.

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.

About UHY Advisors
UHY Advisors, Inc. delivers professional financial, tax and business consulting services to companies ranging from mid-sized to Fortune 500 in size and complexity. The firm’s innovative Management Consulting practice provides a one-stop solution for a company’s financial and operational functions, with a full suite of services to transform a company’s performance and profitability. UHY’s Tax Practice provides clients with comprehensive tax preparation and planning services. Accounting Today ranks the firm as one of the Top 20 professional services firms in the nation. UHY Advisors has also been recognized by Atlanta Business Chronicle as one of the Best Places to Work in Atlanta.

The firm provides these services through wholly owned subsidiary entities that operate under the name of “UHY Advisors” from offices across the United States. UHY Advisors, Inc. and its subsidiary entities are not licensed CPA firms.

UHY LLP is a full service national accounting firm with international resources and a broad range of services that include: SEC audits, internal audit and Sarbanes Oxley reporting as well as turnaround and transaction services. These additional services have been part of the growth of UHY and its commitment to meet the demands of its many clients. UHY LLP is a licensed independent CPA firm that performs attest services.

UHY Advisors, Inc. and UHY LLP are U.S. members of Urbach Hacker Young International Limited, a UK company, and form part of the international UHY network of legally independent accounting and consulting firms. “UHY” is the brand name for the UHY international network. For additional information please visit us at www.uhy-us.com.

MEDIA CONTACT:

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

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