Reduce Risk, Improve Accuracy, Increase Visibility
BlackLine is designed to address the time-consuming and error-prone nature of traditional period end accounting practices. BlackLine’s unified cloud platform helps companies transform and modernize internal accounting processes. Through a seamless integration with Microsoft Dynamics, BlackLine clients maximize team and individual efficiency, gain unprecedented visibility into critical financial processes, and reduce risk through effective enforcement of controls
Efficiency and Effective Accounting
You partnered with Microsoft Dynamics for many reasons, including the opportunity to save time managing your financials. But if you’re relying on spreadsheets and other manual tools to track and aggregate reconciliation data, you’re still wasting valuable accountant hours, not to mention increasing your risk of errors.
Automation reduces errors and increases productivity at the same time. When integrated with Microsoft Dynamics, the BlackLine Enhanced Finance Controls and Automation platform automates your close process. Data is seamlessly imported from Microsoft Dynamics to BlackLine, where thousands of transactions are matched in minutes and up to 80% or more of accounts are auto-certified. Practitioners who use Microsoft Dynamics and BlackLine together not only free their accounting teams from these mundane, transactional processes—empowering them to focus more on high-value analysis—but they also see significantly reduced costs in printing, production, and storage of supporting documents. Companies using BlackLine also see additional cost savings directly via users. BlackLine’s free training, via BlackLine U, ensures employees get up to speed faster and are more productive in less time. As BlackLine implementation and ongoing management requires very little IT intervention, IT staff are free to work on more important, value-add work.
Real-Time Visibility
A lack of visibility and transparency into core financial and accounting processes, the financial close in particular, leaves room for tremendous uncertainty. This lack of confidence delays business decisions and, worse, leaves organizations vulnerable to misstatements and increased scrutiny and regulation. It’s even worse if your current financial close solution is located on premise. Software that isn’t cloud-based severely limits access, detrimental in a global economy. Because a global economy also requires a global workforce, your employees and auditors must have real-time, non-location-specific access to accounting data and analytics.
By integrating BlackLine with Microsoft Dynamics, CFOs and controllers gain real-time visibility into financial data and high-risk items—at any time, from anywhere in the world. BlackLine delivers embedded analytics, dashboards, and configurable reports designed to help users identify discrepancies faster. Leaders can rapidly make smarter decisions, saving time and resources while also instilling confidence in the market and among financial analysts.
