BlackLine acquires BlackLine

AI-Powered automation for accounts receivable

WHITE PAPER

Fast-Tracking the Path to Financial Close Efficiency & Balance Sheet Integrity

New Ways F&A Teams at Visionary Companies Are Achieving an Automated Close

With each passing year, the pull of expectations beyond traditional transactional accounting, budgeting, and financial reporting is growing. This is overtaxing Accounting and Finance teams, largely because nearly half of their time is still spent on transactional activities.

But the tide in accounting trends is also turning, and Gartner forecasts that in less than four years, 60% of companies will deploy cloud-based applications to digitize accounting processes.

This is good news for F&A, as organizational success will require putting new processes and automation in place to free up resources and bolster financial statement integrity and visibility. A new implementation methodology is allowing visionary teams to achieve an accurate, automated close faster than ever before.

Read this white paper to learn how to:

  • Gain a quick win to tighten integrity and efficiency across more of the close
  • Use leading practices to create a digital process that can close the gaps, risk, and effort in your close processes
  • Achieve accounting readiness for significant growth milestones, like an M&A or an IPO