BlackLine and SAP enable Continuous Accounting, an approach that refocuses Accounting and Finance from the rigid, manual traditional close cycle to more value-added business activities. BlackLine complements SAP and is the only unified solution built entirely for the cloud—automating account balance and transaction reconciliations, strengthening controls, and streamlining core close tasks. With BlackLine, companies can be confident that they’re running the most integrated, complementary, and trusted financial close solution available for SAP. More than 2800 companies around the world trust BlackLine, including over 500 running SAP.
BlackLine is purpose-built for the financial close and integrates with your SAP investment to bring you the highest impact and an immediate ROI. An important piece of your digital transformation, BlackLine moves legacy processes toward their desired modernized state. From balance sheet substantiation and journal entry centralization to intercompany accounting and clearing open items automatically in SAP, BlackLine supports the full range of close processes and SAP applications. This is the most unified, complementary solution for your Accounting and Finance organization.
BlackLine’s Finance Transformation solution empowers Accounting and Finance to modernize the close by automating and centralizing period-end activities and workflows. This enables a Continuous Accounting approach, eliminating non-value adding activities and evenly distributing tasks. BlackLine’s solution promotes accounting excellence while reducing errors, fraud, and inefficiency. As a result, resources can focus on business initiatives, even in the face of growing workloads and regulatory environments.
BlackLine Smart Close for SAP provides simplified, standardized, and automated financial close automation that is built right into SAP. Automate task and job scheduling, execution, and monitoring of close tasks, define periodic checklist, pre-close activities, closing tasks, internal controls, and report verifications. It’s robotic close automation designed specifically for SAP that improves accounting productivity and controls.
Address one of the biggest hinderances to a fast and accurate close with an integrated intercompany accounting solution. BlackLine Intercompany Hub empowers organizations to approve, review, and reconcile intercompany transactions and balances across entities, currencies, and geographies in real time. Centralize intercompany accounting, streamline processes, reduce risk, and realize global visibility with BlackLine.
BlackLine automates the entire SAP Open Items Clearing process by identifying Open Items, intelligently matching them, and then using standard SAP processes to clear and post them — all so you don’t have to. BlackLine Open Items Automation for SAP eliminates time-consuming and manual Open Items Processing, ensures transactions are always cleared, improves application performance by minimizing the volume of Open Items, and reduces the complexity of SAP upgrades.
Our completely packaged integration supports the full range of SAP applications, from SAP R/3 to SAP S/4HANA—and everything in between. From general ledger balances to subledgers, transactional data, and currency rates, our certified integration is validated against rigorous SAP product standards. This enables our cloud finance controls and automation platform to connect to your SAP investments with no customization required.
Companies preparing to implement SAP solutions like SAP S/4HANA should identify BlackLine as the initial component of the broader digital transformation. BlackLine helps organizations accelerate the modernization of Finance by augmenting the business case for SAP S/4HANA, and providing an immediate ROI. BlackLine delivers a quick win, freeing Accounting and Finance by automating tasks and reducing overall workload, positioning key resources to spend up to 50% more time supporting ongoing business initiatives.
For the second year in a row, Gartner, the world’s leading technology research and advisory company, has named BlackLine a leader in its Magic Quadrant for Cloud Financial Close Solutions. We’re honored to be recognized in the 2018 Magic Quadrant for both our ability to execute and our completeness of vision. BlackLine continues to co-innovate with SAP, and is well positioned to help companies running SAP transform their financial close.