BlackLine is the only SAP-Endorsed Business Solution for Financial Close, and the only unified solution built entirely for the cloud specifically for accounting and finance. The BlackLine Finance Controls and Automation Platform complements SAP by automating account balance and transaction reconciliations, strengthening controls, and streamlining core close tasks. More than 2,200+ companies around the world trust BlackLine, including over 500 running SAP. Elevate accounting productivity and reduce risk with the most integrated, complementary, and trusted financial close solution for SAP.
BlackLine integrates with your SAP investments throughout the financial close. From transactional accounting to entity and corporate close, we automate transaction matching, account reconciliation, journal entry centralization, task management, and intercompany accounting. SAP companies running BlackLine have achieved dramatic results: 70% faster close cycles, accounting efficiency doubled, and a more satisfied, engaged, finance and accounting organization. And for finance leaders, finally, a real-time picture of the current state of the company’s financials.
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.