BlackLine Blog

June 29, 2021

Finance Innovation Week: Thriving in a Time of Disruption

Digital Transformation
3 Minute Read

Michael Shultz

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If the past year proved anything, it’s that business survival now and in the future depends on enabling resilience and driving agility. The challenges, expectations, and changes facing Finance and Accounting are greater than ever, and it has never been more apparent that manual accounting is not sustainable.

Twice a year, BlackLine curates the content you need to overcome the greatest challenges facing accounting and finance teams during Finance Innovation Week. Our first event of this year was dedicated to how your F&A organization can thrive during this time of disruption.

We hosted seven impactful live webinars to equip you with the ideas and strategies you need to successfully transform your accounting and finance teams. If you missed them or would like to rewatch any of these sessions, they are now available on demand here.

Here's a brief description of each one.

**EY: Evolution or Revolution? The Case for Finance Innovation


A quick-start approach to finance innovation or acceleration of existing transformation initiatives became a necessity for many organizations over the past year. Whether they were implementing finance transformation initiatives or just starting out, the pandemic laid bare some of the gaps in processes and technologies that needed to be urgently addressed.

So, how do you determine the correct path to innovation? Explore questions such as:

  • Do you tweak current processes or rebuild them?

  • Which tasks can offer most benefit from increased automation?

  • How do you redeploy resources to provide greater insights and help drive business decisions?

  • What is the impact on culture and people?

Join EY leaders for an interactive conversation about the business case for finance innovation and the transformation journey of a global organization.

Watch now

**RSM: Navigating Your Digital Transformation Journey with BlackLine


Organizations across all industries are implementing digital transformation initiatives with the goal of leveraging technology to keep pace with evolving customer and employee expectations. By successfully integrating technology, middle-market companies can increase revenue, streamline key business processes, increase scalability and agility, and ultimately, create a competitive advantage.

How organizations choose, implement, and manage evolving technology solutions can position them above the competition in the middle market.

Join us to learn more about digital transformation in the middle market, and why BlackLine’s Modern Accounting Playbook solution should be considered as a key part of your digital transformation journey.

Watch now

**SAP: Leading Practices for Cloud Business Transformation


As they strive to strengthen existing operations and enter new markets, companies are more focused than ever on simple and agile processes and technologies to help them get there. The COVID-19 crisis has accelerated the need for digital transformation, and SAP is helping companies reinvent the way they run their business through RISE with SAP.

RISE with SAP is an offering that brings together everything organizations need to transform their business in the way that works best for them.

Join SAP and BlackLine to learn how business process intelligence can help you optimize, automate, and continuously improve. Finance and Accounting specialists will cover a variety of topics, including how:

  • Moving to the cloud enables agility and lower TCO

  • SAP Solution Extensions by BlackLine align to SAP RISE

  • Leading organizations are kickstarting their transformation with quick wins in F&A

Watch now

UHY: Why Automated Journal Entries Are Better. Just Ask Home Depot!

Journal entry fatigue is rampant in accounting and finance departments everywhere. If your team is still manually entering journal entries, especially those that have consistent data sources and logic, there’s a better way.

During this webinar, UHY Consulting shows how your organization can instantly benefit from automated journal entries, giving you back valuable time to spend on strategic planning for your business. You will also learn how:

  • Automated journals can reduce journal entry time and reporting by more than 90%

  • Home Depot took advantage of BlackLine’s automated journals technology to save time and ensure accuracy

  • Home Depot is currently using this technology to stay one step ahead during their month-end close

Watch now

AICPA: Getting Our Mise en Place: Setting Our Table for the Future & Developing the Right Talent

CFOs and finance professionals have been thrust into the center of attention as they are called on to help businesses survive and thrive in these extraordinary times. The starting point is generally to address the cost-effectiveness of our finance teams by using digital solutions. This enables them to spend more time on value-creating activities—through the use of greater analytics—and become strategic partners to the business.

In fact, 90% of CFOs say their teams lack the skills needed for the current environment. The result is a growing talent-performance gap—the difference between sufficient staff capable of value partnering and well versed in leadership, sense-making, collaboration, and story-telling and staff lacking these skills.

During this session, we will:

  • Identify the top trends and issues that are currently on the minds of finance leaders

  • Determine the top skills, competencies, and mindset required to get the most of your digital solutions, stay relevant, and provide increasing value

  • Construct a talent game plan to align with changing business needs

Watch now

Clearsulting: Technology as a Catalyst, Not a Silver Bullet

In a time where many organizations are still remote and accounting teams are under pressure to do much more with less, companies are turning to technology as a fix-all.

But while technology can drive massive benefits, it isn’t the only answer. Technology that is coupled with process improvement and change management helps organizations maximize ROI and sustain those benefits.

Join this session to hear Clearsulting discuss:

  • How success can be driven from understanding end-to-end challenges related to process, people, and technology

  • Solving end-to-end challenges by architecting processes catalyzed by technology

  • Continuously improving by creating skillsets and opportunities for your accounting professionals

Watch now

RGP: Maintaining Close Optimization Momentum with BlackLine & More

Learn how RGP and BlackLine can help you maintain momentum on your finance optimization journey.

Watch now

About the Author


Michael Shultz