Linfox to Join BlackLine Systems for Presentation at 17th Annual Australasian Shared Services & Outsourcing Week

Client case study to emphasize benefits of automating financial close processes for companies in shared services, outsourcing environments

SYDNEY and LOS ANGELES – June 5, 2014 – BlackLine Systems client company Linfox Australia will join the financial software company for a presentation at the 17th Annual Australasian Shared Services & Outsourcing Week (SSOW) being held next week in Melbourne, June 10-13.

Accounting/finance managers and compliance executives around the world use the BlackLine Financial Close Suite to automate traditionally manual, labor-intensive and spreadsheet-driven account reconciliation and financial close processes. Ann Furlong, BlackLine Systems Director of Operations for the Asia-Pacific (APAC) region, will lead a session at this year’s conference entitled Best Practices for Streamlining the Account Reconciliation Process for a Faster Close.” The session will focus on ways accountancy and finance directors can improve control and visibility surrounding the financial close process by automating traditionally manual accounting processes, such as account reconciliations. Many finance organisations today rely on spreadsheet-driven processes that can often lead to hidden errors, resulting in costly mistakes.

Ms. Furlong will be joined by David Dalton, Financial Accounting Manager at Linfox, for a client case study highlighting the benefits the supply chain leader has realised since automating critical accounting processes across 10 APAC countries with BlackLine’s flagship Financial Close Suite.

Mr. Dalton will also discuss how large companies operating in shared services and/or outsourcing environments 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 solution such as that offered by BlackLine.

Attendees will hear how they can:
For more information, contact howard.goldstein@blackline.com.

  • Implement technology to automate and accelerate 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 2014 Australasian SSOWeek will welcome senior shared services and outsourcing executives for four days of intense learning, information-sharing and intimate networking sessions focused on the issues that are most important to them.

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