Global Consumer Products Leader Kimberly-Clark, KPMG LLP to Join BlackLine on Panel at Annual CFO Leadership Summit

SESSION TO EMPHASIZE IMPORTANCE OF AUTOMATION TO ENSURE ACCURACY, EFFICIENCY IN ACCOUNT RECONCILIATION, FINANCIAL CLOSE, REPORTING PROCESSES

LOS ANGELES – March 8, 2012 – Representatives from financial software provider BlackLine Systems, U.S. audit, tax and advisory firm KPMG LLP and BlackLine client company Kimberly-Clark will speak at the Annual CFO Leadership Summit this coming week in Orlando.

Finance executives must be ready for whatever the markets, regulators and global economy brings them. The CFO Leadership Summit (formerly CFO Rising) is expected to bring together some of the world’s most powerful CFOs and will take a 360-degree look at innovative ways U.S. companies are transforming themselves into resilient enterprises, positioning themselves to withstand an array of risks – from rising energy and commodity prices to global economic instability – and not only survive, but thrive.

BlackLine Senior Solutions Consultant Bob Davenport will moderate a panel discussion titled “The Road to Reconciliation: Achieving Balance Sheet Integrity.” The session will focus on ways the CFO can improve control and visibility surrounding the financial close process by automating traditionally manual accounting processes, such as account reconciliations. Previously, finance organizations had to rely on spreadsheet-driven processes that often contain hidden errors, resulting in costly mistakes.

Geoff Jegier, global project leader for implementations at Kimberly-Clark, will discuss how large companies can communicate better, improve efficiencies, increase productivity, reduce bottom line costs and ensure accuracy on the balance sheet by implementing an automated account reconciliation and financial close system such as that offered by BlackLine.

KPMG Partner Hakan Aytekin will offer insights based on his firm’s experience in implementing finance and governance technologies for global companies.

Attendees will hear how they can:
The CFO Leadership Summit provides a venue for senior finance executives to explore the latest trends in risk and resource management and share best practices that will help U.S. organizations succeed in a volatile global marketplace.

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

The Summit, scheduled for Sunday, March 11, to Wednesday, March 14, 2012, is part of a series of informative and educational events organized by CFO Conferences, an affiliate of the industry leading CFO Magazine. CFO Conferences is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors.

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.uberti@blackline.

MEDIA CONTACT:

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

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