In addition to closing the books timely and accurately, Accounting is increasingly called to enable strategic decision-making by providing real-time financial data. To do so, accountants need to trust the data and provide it quickly.
Yet, surveys from Censuswide show that more than half of C-level executives and finance professionals are not completely confident they can identify financial errors before reporting results. And nearly 70% of global business leaders claim their organization has made significant business decisions based on inaccurate financial data.
Unifying data across disparate systems is a chief complaint from accountants and likely a primary driver for the lack of confidence in identifying errors. To improve trust and enable the business, Accounting must ensure data security and accuracy while also reducing manual effort and time required to gather the information. For leading organizations, integrations are a key enabler in doing this.
BlackLine offers unique and flexible integration options for multiple ERPs, including several SAP-certified solutions. Adding to a lengthy list of existing certified solutions, BlackLine’s connectors for SAP (Connector and Web Services) and purpose-built automation solution, Smart Close, have recently achieved SAP integration certification for S/4HANA 1909.
This means that SAP users can trust the technical capabilities of these products within their SAP environment to seamlessly and securely move data between SAP and BlackLine.
“These new certifications demonstrate the continued alignment between BlackLine and SAP. Our customers can see these as evidence of BlackLine’s commitment to maintain the highest level of integration and innovation for our SAP customers,” says Michael Gilmartin, vice president of value architecture.
For SAP customers, using these BlackLine solutions allows for the automation of data transfers, certain postings, and numerous close tasks. It also saves time and money during service requests using pre-tested and certified solutions.
BlackLine has long helped customers with solutions to complement SAP. In fact, the two organizations have been partners since 2013, and over 700 customers across many countries and industries automate and standardize their financial close processes with BlackLine.
In November 2018, BlackLine was recognized by SAP as a Solution Extension, which is an SAP designation for strategic third-party solutions that are premium qualified and complementary to SAP software. BlackLine is the only solution for the financial close.
Read this datasheet to better understand how the BlackLine Connector for SAP facilitates seamless data transfer between your ERP and BlackLine.