New technology has shifted consumer behavior and increased the pace of business for retailers.
Yet disparate data sources, high volumes of transactions, and manual steps linger for retail accounting teams. Order-to-cash processes like sales audit continue to be a pain point across the industry.
Unlike other accounting activities, which are performed at month-end, sales transactions need to be validated on a regular basis to avoid downstream risks or write-offs.
Leading organizations are turning to technology solutions to drive operational effectiveness, gain competitive advantage, and ensure financial compliance.
Read BlackLine for Retail to find out how accounting teams are modernizing traditional order-to-cash and retail sales audit processes. This use case spotlight explores:
Operational challenges outside of the financial close
High-volume retail matching scenarios
Impactful results for retailers using BlackLine