The Modern Accounting Playbook

FOR LARGE ENTERPRISES

The world’s leading companies trust BlackLine

Coca-Cola
Hyatt
Nasdaq
Quest Diagnostics
SiriusXM
Hershey
Hubbell
Franklin Templeton

The Leading Solution for an Efficient & Controlled Close

Using what we’ve learned from working with thousands of customers, BlackLine has defined an achievable pathway for your finance transformation journey.

Companies come to BlackLine for a leading solution that solves challenges associated with traditional, manual accounting. BlackLine provides informed expertise with a clear vision and path to achieve modern accounting.

Our leading practices position you to see results quickly, starting with a foundation that standardizes reconciliations, structures close tasks and workflows, and provides real-time reporting and dashboards. This allows F&A teams to save time and cost, decrease risk, and elevate the organization.

Even better, companies can continue to advance their modern accounting journeys using a path that BlackLine has already traversed.


What is Modern Accounting?

Modern accounting is unified, automated, and continuous. BlackLine helps companies move to modern accounting by unifying and standardizing their data and processes, reducing time spent on manual repetitive work, and executing Accounting as it happens, at the speed of business.

Our Modern Accounting Playbook is built on leading practices for financial close management and accounting automation, and helps organizations across all industries do accounting work better, faster, and with more control.

Modern accounting is achievable.  Over 3,000 companies trust BlackLine to help them close faster with complete and accurate results.

THE PLAYBOOK

Modern Accounting Begins with BlackLine

BlackLine’s foundation for modern accounting creates a streamlined and automated close. We’re dedicated to delivering the most value in the shortest amount of time, equipping you to not only control close chaos, but also foster F&A excellence. The foundation includes the following elements.

Central workspace with automated trial balance import

Standardized reconciliations with automation

Dynamic and transparent close activities tracking

Role-centric reporting and proactive alerts

Enhanced controls

The path doesn’t stop there. BlackLine will guide you through the next steps to meet your dynamic business needs. Unite even more of your daily work and fine-tune F&A processes, like automating high-volume bank transaction matching and booking journal entries.

Benefits for Your Team

Accounting Manager & Controller

Accounting Manager & Controller

Gain transparency and visibility into financial operations with dashboards and reports, to understand your organization’s potential and future outlook.

CFO

Mitigate risk and manage business complexity by leveraging BlackLine’s leading practices. Increase efficiency and cost savings, all while retaining top talent.

CFO
Approver

Approver

Access neatly packaged close activities from a centralized system that locks down controls and ensures segregation of duties. Benefit from a full-documented audit trail.

Preparer

Reference complete pre-close checklist and workflow. Reduce manual inputs and use automation to enable timely results.

Preparer
Customer Quote

“We now have a prescribed approach to preparing and documenting reconciliations. Reconciliation frequency, type of supporting documentation, and critical fields are consistent irrespective of location. When I think about BlackLine, seamless, transparent, greater visibility, and increased control are all words that come to mind.”

Eamonn Matthews

Business Process Lead, Accounting & Reporting, The Coca-Cola Company

Additional Resources

DATASHEET

BlackLine's Foundational Approach

A detailed look into your first milestone with modern accounting

BROCHURE

Modern Accounting for Enterprise Organizations

An overview of BlackLine’s guided modern accounting journey

WHITEPAPER

Driving Finance Transformation

A business case and technology roadmap to accelerate change