LOS ANGELES – July 21, 2014 – The Dow Chemical Company (NYSE: DOW) is teaming up with financial software company BlackLine Systems and enterprise application software leader SAP (NYSE: SAP) for a webinar entitled “See How Dow Accelerates the Financial Close Using the BlackLine Financial Close Suite for SAP® Solutions.”
The session will focus on how accounting/finance directors and compliance officers can further ensure the integrity of their balance sheets – and ultimately financial reports – by implementing enterprise-class financial software packages, such as BlackLine’s software-as-a-service (SaaS)-based Financial Close Suite, to automate the traditionally manual, labor-intensive and spreadsheet-driven account reconciliation process. Theresa Buckmaster, BlackLine system administrator at Dow, will present a case study on the ease of integration with SAP solutions and key benefits and return on investment (ROI) the nearly $60 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.
What: “See How Dow Accelerates the Financial Close Using the BlackLine Financial Close Suite for SAP® Solutions”
When: Tuesday, July 22, 2014, 10 a.m. PDT / 1 p.m. EDT
• Pete Graham, director, Finance Solutions and Mobility, SAP Labs
• Susan Parcells, director of finance transformation, BlackLine Systems
• Theresa Buckmaster, BlackLine system administrator, The Dow Chemical Company
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
• Realize exceptional ROI in a very short timeframe
• Improve the accuracy and timeliness of compliance reporting
• Manage compliance while servicing multiple locations, worldwide
To register, go here.
BlackLine is an SAP gold 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.
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 partnerships with SAP and driving customer success.
In 2013, the company announced that the BlackLine Financial Close Suite for SAP® Solutions became an SAP-endorsed business solution – joining the ranks of fewer than 40 other software offerings globally.
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/.