Part 1 of the Risk of Manual Processes blog series. You can access the full series here. Accounting and finance departments have a vital responsibility to produce accurate and complete financial statements. The business depends on these results for effective decision-making,...
The accelerating pace of technology innovation is undeniable. Whether it’s in the home or in business, potential users face a bewildering choice of solutions. Smart Homes may be de rigueur in our personal lives, but smart technologies are also transforming...
Part 4 of the Risk of Manual Processes blog series. You can access the full series here. Rainbow spreadsheets. Thousands of lines to match and clear. Late nights faced with the fact that this is not the reason you got your...
Cost allocation is the distribution of one cost across multiple entities, business units, or cost centers. An example is when health insurance premiums are paid by the main corporate office but allocated to different branches or departments. When cost allocations...
We are excited to introduce InTheBlack Asia, our first-ever BlackLine User Conference in Singapore. This educational conference will unpack the latest F&A industry trends, connect you with like-minded professionals, and reveal exciting new BlackLine products. It will take place at...
Champions aren’t made in gyms. Champions are made from something they have deep inside them—a desire, a dream, a vision. They have to have the skill, and the will. But the will must be stronger than the skill. ~ Muhammad...
According to IMA’s Process Automation in Accounting and Finance survey, 61% of organizations are “highly dependent” on spreadsheets and only 28% of finance professionals trust their financial close data. Manual processes increase both the time spent on financial statements as...
Every organisation is on the cusp of a powerful opportunity to thrive in this new era of accounting and finance. As we continue to advance into uncertain, unknown territory, it’s essential to cultivate the skills you’ll need to succeed, understand...
Part 3 of the Risk of Manual Processes blog series. You can access the full series here. Top accounting and finance professionals are in a powerful position. According to the Bureau of Labor Statistics, demand for accountants is predicted to rise...
The 2015 “Survey of American Fears,” conducted by Chapman University, discovered that people were more afraid of robots than they were of death. Overall, the fear of technology was ranked second only to man-made disasters.[i] But why are we so...
Deloitte calls it the “mess under the bed.” But for many companies, intercompany accounting (ICA) is no longer just a mess. It’s a monster. Exponentially increasing transaction data volume, the frenetic pace of business, and rapidly changing tax regulations have...
What Is General Ledger Reconciliation?
What Is A Prepaid Expense?
What Is Intercompany Accounting?
A Strategic Approach to Setting Goals for Accounting Teams
What Are Account Reconciliations?
What Robotic Process Automation Really Means for Accountants
6 Skills Accountants Need to Survive the Robot Uprising
5 Ways To Improve Intercompany Reconciliation
Achieving Fully Automated Bank Reconciliations – Is it Possible?
What Is Balance Sheet Integrity?
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