BlackLine Blog

August 21, 2019

Giving CFOs the Answers They Need—Fast

Modern Accounting
1 Minute Read

Steve Soter

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When the month-end close comes around, your CFO may feel the need for speed.

As the amount of data collected by organizations grows, so does the pressure to quickly and reliably make sense of it all. According to PwC, two-thirds of CFOs want to reduce production times for financial information.

Yet, it’s not uncommon to hear from teams who say the month-end close takes them at least 10 days, according to research we’ve been doing at the cloud-connected reporting company Workiva.

If you’re a BlackLine customer, you already know you can increase speed and reliability through BlackLine’s game-changing platform. But what if you could take those efficiencies even further?

BlackLine and Workiva—which was recently recognized for helping to save a week of in-person hours when producing a 10-K—have announced that they’re collaborating to modernize the financial close and help you get even more from these breakthrough solutions.

What better time to hear all about it than at InTheBlack in Los Angeles?

The Workiva team is slated to share perspectives and examples on Wednesday, September 18, and demonstrate how you can achieve a connected close. Attend this session and be sure to bring your questions.

Supercharging the Financial Close

Splashy announcements aside, the Workiva session at InTheBlack will explore how to drive a new wave of productivity in Accounting and Finance.

Workiva and BlackLine experts will discuss:

  • Best practices for a faster close

  • How to connect your systems for more powerful close capabilities

  • Opportunities to connect people, data, and processes within the financial close

  • How to improve speed, accuracy, and confidence in data gathering

The end goal is delivering the timely analysis and forward-looking insights your CFO really needs to deliver a competitive edge.

The Power of Two

Using Workiva and BlackLine together can allow accounting and finance teams to supercharge the benefits they get from each, while modernizing the financial close—all the way from managing inputs, journal entries, reconciliations, and trial balances in the accounting close to final analysis and reporting.

Catch Workiva’s session on the connected close at InTheBlack at 4:35 p.m. on Wednesday, September 18. Register here if you haven’t already.

About the Author


Steve Soter