BlackLine Systems to Deliver Two Presentations with SAP at Financials 2013 Conference in Amsterdam

Case study from Thomson Reuters to highlight ease of integration with SAP® solutions, best practices and benefits of automating accounting processes with BlackLine

LONDON and LOS ANGELES – June 10, 2013 – Financial software provider BlackLine Systems and enterprise application software leader SAP AG (NYSE: SAP) will be presenting together this week at the Financials 2013 conference in Amsterdam. In the first of two presentations, BlackLine and SAP will be joined by Thomson Reuters for a client case study highlighting best practices and benefits of automating critical accounting processes using BlackLine alongside solutions from SAP.

For the first session, entitled “See How Thomson Reuters Closes with Confidence by Automating Account Reconciliations with Solutions from BlackLine and SAP,” Robert C. Abercrombie, CPA, director of Corporate Infrastructure & Operations for Thomson Reuters, will share his insight on how companies can communicate better, improve efficiencies, increase productivity, reduce bottom line costs and ultimately ‘close with confidence’ by implementing best practices such as automating traditionally manual account reconciliation and financial close processes.

The presentation with Thomson Reuters is one of two that BlackLine will deliver alongside SAP during the conference.

The second, entitled “How to Overcome Weaknesses and Inefficiencies in the Account Reconciliation Process for a Faster Close,” will show how finance, accounting, audit and compliance executives can further ensure the integrity of their balance sheets – and ultimately financial reports – by implementing software to automate the traditionally manual, labor-intensive and spreadsheet-driven account reconciliation process.

Both presentations are designed to inform customers, whether operating in an environment of only SAP® solutions or applications from multiple vendors, how account reconciliation process optimisation can help them achieve a quicker and more accurate financial close process.

Featured Speakers:

  • Stefan Karl, chief solution expert, Finance Solutions, SAP AG
  • Mario Spanicciati, executive director of EMEA & EVP of Operations, BlackLine Systems
  • Robert C. Abercrombie, CPA, director, Corporate Infrastructure & Operations, Thomson Reuters

Attendees will leave each session with insight into how, by automating their account reconciliations, they can:

  • Virtually eliminate spreadsheets (and the manual errors that often come with them) from their account reconciliation process
  • Automate traditionally manual accounting functions
  • Have a faster, more efficient close cycle - maintaining more control and visibility worldwide, while reducing risk
  • Realise exceptional ROI in a very short timeframe
  • Improve the accuracy and timeliness of compliance reporting
  • Manage compliance while servicing multiple locations, worldwide

BlackLine is an SAP software solution and technology partner in the SAP PartnerEdge® program. The company is also a participant in SAP Store, the online e-commerce channel or “e-channel” for enterprise solutions and services from SAP and its partners designed to provide SAP customers with information on relevant, complementary technology solutions that are certified by SAP (such as the BlackLine solution).

BlackLine was named a 2011 SAP Pinnacle award finalist in the “Software Solution Newcomer of the Year” category. SAP Pinnacle awards are presented annually to the “best and brightest” of the SAP partner ecosystem, recognising partners that have excelled in developing and growing their partnership with SAP and driving customer success.

To learn more, visit BlackLine at Financials 2013 in Amsterdam in booth No. 205.

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