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 email@example.com.
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/.