BlackLine Finance Controls and Automation Platform Part of Shell's Global Finance & Accounting Project
BlackLine, an SAP®-endorsed business solution, to support Shell’s financial close and review processes
LONDON AND LOS ANGELES, Sept. 14, 2015 — Financial Automation software company BlackLine has been selected to help Shell optimise its financial close processes. As part of the newly signed, multi-year contract, Shell will use BlackLine’s cloud-based Finance Controls and Automation Platform alongside software from SAP® to automate core financial close processes, increase productivity and efficiency, and further mitigate risk across the company’s Finance and Accounting departments.
Mario Spanicciati, BlackLine’s chief strategy officer, said “The increasing number of global enterprises signing on to use our financial automation platform globally is a testament to the fact that even the largest and best-performing companies in the world see value in continuous improvement and optimisation of the Finance function.”
BlackLine was recently listed by Gartner as a ‘Best-of-Breed’ provider for Enhanced Finance Controls and Automation (EFCA) software - a renamed category formerly called Close/Reconciliation Management by the global technology industry leader.