BlackLine launches Cash Application

AI-Powered automation for Accounts Receivable

WHITE PAPER

BlackLine for Banking & Financial Services

Align Accounting & Finance Operations to Minimize Risk, Increase Agility & Manage Cost

It’s no secret that the banking and financial services industries have experienced significant changes in recent years. The ability to do just about every banking task from the palm of your hand—check your 401k balance, invest in the stock market, or pay bills—drastically impacts the way these businesses operate.

Virtualizing consumer activities results in new transaction types, different currencies, and global complexities that ultimately impact the processes Finance and Accounting must complete to validate all that data.

Financial organizations must find a way to modernize their manual accounting processes or risk compromising data completeness and accuracy.

In this white paper, you’ll learn how banking and financial services organizations are using accounting automation technology to unify their data and processes and ensure accuracy, even in a disparate working environment.