September 13, 2021
BlackLine Magazine
This monthly BlackLine UK update is full of insightful content about how you can make the move to modern accounting.
Check out our new article in the Times UK on the transformative power of digital accounting, and a blog about the top five benefits of accounting automation. In our new AR segment, get your copy of our whitepaper to discover how to simplify the complex and explore an infographic that paints a picture by numbers for accounts receivable.
You'll also find out more about all the exciting things events we have planned, including BeyondTheBlack happening on 16-18 November. This year’s virtual conference is going to be even bigger and better than last year.
Monthly or quarterly reporting is no longer enough. A growing number of finance chiefs are discovering that adopting smart, digital accounting technology not only makes them more agile, more strategic, and more responsive to business needs, but it also provides a platform for competitive advantage as the COVID-19 recovery accelerates.
The need for on-demand visibility and actionable insights to navigate today’s dynamic business environment has never been greater. Technology, specifically accounting automation, can be a foundation to providing fast and continuous information to key stakeholders, supporting the agile decision-making that is required to make critical decisions in a timely manner.
According to PwC, $1.5 trillion dollars of working capital is held hostage on global balance sheets. The same PwC report estimates that releasing this cash would be enough for global companies to boost their capital investment by 55%.
Cash application is the cornerstone of the accounts receivable function, and having visibility into your true debt position is the starting point to effective collections.
Accountancy in the Digital Age
We are delighted to announce that we are partnering with The Times & The Sunday Times to bring you an exciting online event. Join us on 22 September at 12:00 BST for Accountancy in the Digital Age.
The most agile finance teams are looking ahead, not backward. Shifting business models require Accounting to behave differently, phasing out mundane workloads for a more strategic focus. Modern accounting delivers accurate results faster, helping companies unify data and processes and automating as much work as possible—eliminating the ordinary to focus on the extra-ordinary.
Together, our panel of experts will discuss what modern accounting means for businesses of all sizes and what it means for their people. They will also look at examples of best practices and ask what the future holds for businesses.
Join us for BeyondTheBlack on 16-18 November. We’re virtually bringing together 15,000 controllers, accountants, finance executives, and BlackLine experts from around the world for three days of innovation, collaboration, and celebration.
Here's what you can expect at this year’s event:
Inspirational keynotes from special guests
Breakout sessions to guide your modern accounting journey
One-on-one virtual meetings with experts
And so much more!
We’re curating a unique experience that will offer achievable steps to automate busy work, unlock global visibility, and become a business partner—whether you’re focused on optimizing BlackLine, adopting our solutions, or just beginning your modern accounting journey.
In This Post
About the Author