This monthly BlackLine update is published to keep you informed of customer success stories, upcoming events, helpful resources, best practices, and thought leadership from the leading cloud financial close solution.
In the News
IT Wire: BlackLine to collaborate with Microsoft to bring greater finance and accounting automation to Microsoft Dynamics 365 customers
Leading accounting automation platform BlackLine recently announced an expanded partnership with Microsoft Dynamics 365, bringing increased efficiencies to companies operating Dynamics 365 Finance.
“Through our collaboration with Microsoft, we seek to help finance and accounting teams at midsize companies, as well as large organizations, gain control over their financial close, intercompany accounting, accounts receivable, and other key processes for the office of the Controller,” said Mel Zeledon, senior vice president of channels and alliances at BlackLine. “Together we’re providing an end-to-end solution, delivering greater customer value through enhanced connectivity and integration.”
Online learning company Pluralsight came to BlackLine to gain visibility and efficiency as their business grew. After implementing NetSuite, the organization sought a similarly reputable solution to help streamline their month-end close.
While Pluralsight is midsized, they are rapidly growing, and chose BlackLine as a scalable solution for today and the future. “BlackLine provided an enterprise solution that would serve our long-term needs,” said Mark Hansen, director of finance and accounting at Pluralsight.
Active Cyber: Using BlackLine at a Whole New Level
As more Finance & Accounting teams seek a modern way to close the books, BlackLine Solution Provider Partner Active Cyber has outlined the three reasons a recent implementation of the Modern Accounting Playbook was such a success.
With many companies growing, scaling, and working across multiple ERPs, BlackLine provides a centralized and single source of truth for distributed teams. Rather than pulling reports from separate systems, all data imports into BlackLine automatically.
With a network of partners with expertise in deploying BlackLine’s solutions, implementation is quick and easy. Teams often experience drastic time savings after the first close using the tool, and the benefits only grow as your company does.
Effective Change Management in Modern Accounting
When taking on a finance transformation project, change management can be a challenge. You must encourage staff to rethink and accept replacing hard-wired routines. Having a blueprint—a strong plan in place—mitigates risk and will help your team invest in new processes and technology upfront.
Here are the five must-have responsibilities for effective change management:
Get a sponsor onboard
Define your champions
Spin up communicators
Add change enablers
Manage performance with scorekeepers