Novelis Joins BlackLine Systems, SAP, CFO.com for Webinar on Automating Account Reconciliations for a Faster Close

Sr. finance director from aluminum manufacturing giant to discuss ease of integration with SAP® solutions, benefits, cost-savings realized since using BlackLine globally

LOS ANGELES – April 8, 2013 – Global aluminum manufacturer Novelis, is teaming up again with financial software provider BlackLine Systems and enterprise application software leader SAP AG (NYSE: SAP) for a webinar entitled “See How Novelis Closes with Confidence and Achieves Balance Sheet Integrity by Automating Account Reconciliations with Solutions from BlackLine and SAP.” The webinar, geared at finance, accounting, audit and compliance managers in mid- to large size organizations, will be hosted by leading corporate finance industry resource CFO.com/CFO Publishing.

The session will focus on how finance/compliance executives can further ensure the integrity of their balance sheets – and ultimately financial reports – by implementing software, such as BlackLine’s SaaS-based Account Reconciliation solution, to automate the traditionally manual, labor-intensive and spreadsheet-driven account reconciliation process. Josh Morris, CPA, director of accounting and financial reporting at Novelis, will present a case study on the ease of integration with SAP® solutions and key benefits and return on investment (ROI) the $11 billion public company has realized since using BlackLine on a global basis.

The webinar is designed to inform customers, whether operating in an environment of only SAP solutions or applications from multiple vendors, how account reconciliation process optimization can help them achieve a quicker and more accurate financial close process. The session will demonstrate the importance of the account reconciliation process as a critical step on the path to “closing with confidence and achieving balance sheet integrity.”

What: “See How Novelis Closes with Confidence and Achieves Balance Sheet Integrity by Automating Account Reconciliations with Solutions from BlackLine and SAP”

When: Wednesday, April 10th, 2013, 11 a.m. PDT (Los Angeles) / 2 p.m. EDT (New York)

Speaker lineup:

  • Stefan Karl, chief solution expert, Finance Solutions, SAP AG
  • Mario Spanicciati, executive vice president of Operations and executive director, EMEA, BlackLine Systems
  • Josh Morris, CPA, director of accounting and financial reporting, Novelis

Attendees will learn 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
  • Realize exceptional ROI in a very short timeframe
  • Improve the accuracy and timeliness of compliance reporting
  • Manage compliance while servicing multiple locations

To register please go to: http://www.cfo.com/webcasts/index.cfm/l_eventdetail/14675573?pcode=SAP041013.

BlackLine is an SAP software solution and technology partner in the SAP PartnerEdge® program and a participant in the SAP EcoHub solution marketplace – SAP’s premier online destination designed to provide SAP customers with information on relevant, complementary technology solutions that are certified by SAP (such as the BlackLine 5.1 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, recognizing partners that have excelled in developing and growing their partnership with SAP and driving customer success.

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

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