Precision matters: Leading life sciences & healthcare companies rely on BlackLine
More than 350 life sciences and healthcare companies trust the BlackLine Agentic Financial Operations Platform™—powered by Studio360 and Verity™ AI—to deliver finance transformation across the Office of the CFO.
36%
338%
50%
Agentic Financial Operations for life sciences & healthcare organizations
The life sciences and healthcare (LSHC) industry is rapidly transforming, adopting new technologies and delivery models to accelerate drug discovery and improve patient care.
To keep pace, LSHC finance and accounting teams must innovate as well. Confronted with shifting regulatory pricing pressures, complex reimbursement models, patent cliffs, and complex R&D cycles, they need technology and governed AI that boosts visibility, optimizes working capital, and frees capacity for strategic initiatives. The more AI finance puts to work, the more trust it needs. That's why BlackLine pairs automation with governance at every step.
Distinctly Accurate. Exceptionally Efficient. Financially Intelligent.
Streamline financial integrations, divestitures, and journal entry management
Maintaining accurate financial records during integrations and divestitures can be complex and time-consuming. BlackLine AI agents automatically match millions of transactions and flag anomalies under your precise controls, to ensure that financial data flows seamlessly across systems, reducing manual effort and allowing you to establish balance sheet quality and consolidate newly acquired biotechs before a massive ERP migration.
Simplify and automate processes like clinical trial accruals and R&D tracking
Manual management of multi-phase clinical trial expenses and Contract Research Organization (CRO) accruals introduces errors and inefficiencies. Our solution automates these processes, providing real-time visibility and enhanced control, so your teams can make informed decisions faster and with confidence.
Automate complex global supply chain and high-volume payer accounting
Managing intercompany transactions, cross-border transfer pricing, complex insurance payouts (ERAs), and contract manufacturing (CDMO) network data manually is a time-drain for finance teams. Automate this process with high-volume transaction matching to ensure compliance and accuracy, freeing up resources to focus on higher-value activities that drive growth and profitability.
Accelerate commercial readiness with efficient financial workflows
Getting your business commercially ready requires agility and speed. Our solution accelerates financial workflows, helping you move from clinical trials and health system planning to execution more quickly. By streamlining key processes, your teams can respond to market demands faster while ensuring financial integrity.
Identify and resolve financial anomalies swiftly
Inaccurate financial data can be costly. With our platform’s anomaly detection capabilities, you can identify and resolve financial discrepancies and track cash burn rates quickly, ensuring accuracy in your financial reporting and protecting your valuation during due diligence.
Optimize credit management and streamline cash application
Efficient cash flow management is critical to business health. BlackLine’s Agentic Financial Operations Platform will help you stop chasing outstanding invoices. AI agents instantly read invoices, match cash to complex remittances, and prioritize collector queues. You drive down DSO, eliminate lockbox stress, and unlock working capital on day one.
Building the Trust Infrastructure for the AI Era of Finance.
Move beyond generic, black box AI to governed AI execution with Verity AI. Built on 20+ years of deep finance and accounting process knowledge and a foundation of trusted data with an essential control layer, Verity understands your complex workflows, delivering AI that teams can finally trust. Empower your team to become strategic advisors.
