LOS ANGELES – Aug. 24, 2015 – Thomson Reuters will be presenting with finance controls and automation software leader BlackLine at the SAP® Conference for Financial Shared Services 2015 show being held this week in Miami. The presentation, to be given at 11:45 a.m. on Wednesday, Aug. 26th, is designed to show how global organizations operating in a shared services environment can optimize their account reconciliation and financial close processes using Enhanced Finance Controls and Automation (EFCA) software, such as the cloud-based BlackLine Financial Close Suite for SAP® Solutions.
Led by Bob Davenport, director of Finance Transformation and product expert for BlackLine, the presentation will focus on how finance managers and compliance officers can further ensure the integrity of their balance sheets – and ultimately financial reports – by implementing EFCA software to automate traditionally manual, labor-intensive and spreadsheet-driven account reconciliation and other financial close processes. Bob Abercrombie, CPA, director of Corporate Infrastructure & Operations for Thomson Reuters, will present a case study highlighting best practices and benefits of automating critical accounting processes using BlackLine alongside solutions from SAP.
With the number of companies moving to shared services environments (often globally) continuing to increase, it is increasingly critical for proper controls to be in place surrounding the financial close. In the session, entitled “Implementing Modern Finance in Your Shared Service Organization: a Client Perspective,” Abercrombie will share his insight on how large companies operating in shared services environments 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.
Attendees will leave the session with insight into:
BlackLine’s Financial Close Suite for SAP® Solutions is a cloud-based software tool and SAP-endorsed business solution. The BlackLine suite complements the functionality inherent in the SAP ERP Financials and SAP Simple Finance solutions, bringing enhanced control and automation to finance and accounting departments worldwide. Alongside SAP Simple Finance, which is powered by the SAP HANA® platform, the BlackLine suite provides strategic value with visibility across the finance organization – all via a personalized and simple user experience.
The BlackLine Financial Close Suite for SAP® Solutions joins the ranks of fewer than 40 other SAP-endorsed business solutions globally. BlackLine is a SAP gold partner in the SAP PartnerEdge® program and a participant in the SAP Store, the online destination to discover and buy solutions and services from SAP and partners, including business analytics, mobile apps and cloud solutions.
BlackLine was named an SAP Pinnacle award 2011 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.
Abercrombie also recently spoke alongside BlackLine at the International SAP Conference for Financial Shared Services in Vienna.
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/.