SYDNEY and LOS ANGELES – May 20, 2014 – Financial software company BlackLine Systems, together with enterprise application software leader SAP AG (NYSE: SAP), will be leading a discussion group at the Mastering SAP Financials conference this week in Melbourne. The roundtable session entitled “Closing with Confidence: How Automating Processes Can Help Companies Comply” will offer first-hand insight into the benefits and return on investment (ROI) organisations can realise by automating key governance, risk and compliance (GRC) processes by leveraging cloud-based tools and technology.
Account reconciliation is an underappreciated, yet critical, control to help ensure financial integrity. Maintaining multiple sets of standards, including IFRS, GAAP or statutory accounts, creates an even more onerous burden when closing the books. Session attendees will learn how automation of the account reconciliation and financial close processes is a critical step on the path to ‘closing with confidence’ and ‘staying clean’ – while reducing stress for risk managers and keeping the auditors happy at the same time.
Participants in the roundtable discussion will learn:
BlackLine is an SAP gold partner in the SAP PartnerEdge® program. The company is alsoa 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.
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 partnerships with SAP and driving customer success.
At the end of last year, the company announced that the BlackLine Financial Close Suite for SAP® Solutions has become an SAP-endorsed business solution – joining the ranks of fewer than 40 other software offerings globally.
To learn more, visit BlackLine at Mastering SAP Financials in booth No. F4. BlackLine plans to present again with SAP on similar topics at the upcoming SAPPHIRE® NOW conference, being held June 3 to 5 in Orlando, Fla.
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/.