KPMG LLP Joins BlackLine Systems for Webinar on Improving the Quality of the Financial Close

LOS ANGELES – May 17, 2012 – As one of the first initiatives stemming from their recently announced Alliance, financial software provider BlackLine Systems and U.S. audit, tax and advisory firm KPMG LLP will host a webinar next week on “Improving the Quality of the Financial Close.”

Maintaining multiple sets of accounting standards, including IFRS, GAAP or Statutory accounts, creates an onerous burden on companies when closing the books each month. Add to that a climate of ever-increasing government and international regulations and you have an even more complex situation that may have to be managed across ERP systems, accounts, locations and departments.

KPMG Partner Hakan Aytekin, CPA, and Susan Parcells, CPA, BlackLine’s Close Governance and Product Specialist and former Director of Global Close and Strategic Initiatives at Apollo, one of the world’s largest private education providers, will discuss case study examples to share their hands-on experience helping companies achieve enhanced governance and automation over various accounting processes such as flux-analysis and month-end task management.

The session, scheduled for Wednesday, May 23, 2012, at 11a.m. PDT/2p.m. EDT, is designed to inform finance, accounting, audit and compliance executives how they can improve the quality of close by implementing software to automate traditionally manual, spreadsheet-driven accounting processes.

Attendees will go away with an understanding of:
For more information or to register, please go to

  • Current trends in financial governance
  • What technology is out there to help streamline manual accounting processes
  • Leading practices for enhancing a quicker and more accurate close
  • How to improve monitoring and increase visibility into the finance organization by digitizing task management
  • Creative uses of the BlackLine Task Management module, outside of the close
  • BlackLine’s Variance Analysis module and its ability to enhance traditional flux-analysis

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

KPMG LLP, the audit, tax and advisory firm, is the U.S. member firm of KPMG International Cooperative (“KPMG International”). KPMG International’s member firms have 145,000 people, including more than 8,000 partners, in 152 countries.
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Media Contact:
Kimberly Uberti
Director of Corporate Communications
BlackLine Systems


Ashley Dyer
Sr. Public Relations Manager
P. 818.936.7166