Companies that are just starting out with accounting automation can now look forward to 60- to 90-day initial implementations, thanks to BlackLine’s Modern Accounting Playbook.
The new package comes with the three most-needed services for speeding up monthly, quarterly, and yearly close activities:
Account Reconciliations automates this essential accounting practice. It includes pre-configured reconciliation templates, auto-certification rule recommendations, and purpose-built reports by role.
Task Management provides a configurable, web-based command center for managing accounting and finance tasks. It includes rule-based workflows and real-time dashboards.
Bank Transaction Matching automates the practice of “ticking and tying” to streamline detail-heavy bank reconciliations.
The playbook comes with role-specific training for accountants and administrators, a go-live project plan, and live tracking from BlackLine. BlackLine also recommends pre-configured settings based on developed leading practices.
“BlackLine’s leading practices libraries are gleaned from our experience guiding thousands of customer journeys,” says Sonia Chu, product marketing manager at BlackLine. “These customers operate in virtually all industries and span more than 130 countries.”
“With BlackLine MAP, companies of all sizes—including midsize and enterprise-level—can benefit from the lessons learned by these organizations to apply leading practices for automated reconciliations to their own accounting operations. Customers will then be able to respond quickly to the various challenges that come with growth or changes to their industry.”
Help From the Cloud
“The new package comes with a 60 to 90-day implementation plan depending on your ERP,” notes Chu. Once the core foundation is in place, customers can add additional areas of automation and functionality quickly, thanks to BlackLine’s cloud-based delivery architecture.
“With the cloud, there’s no need for a cumbersome, time-consuming setup and testing of on-premise equipment,” she says. “Instead, you simply turn on and configure new functions, such as variance analysis or automated journal entry.”
Learn more about the leading solution for an efficient, controlled, and confident financial close.