Financial Close Excellence

A 4-part Webinar Series with SAP & BlackLine


Despite recent trends toward digital transformation and a new wave of ERP technology, many accounting teams still rely on traditional, manual processes to close the books. In other words, the close is chaos with a deadline. But it doesn’t have to be. This webinar series will explore aspects of the Financial Close that are most ripe for transformation and share best practices for accounting teams. Experts from SAP and BlackLine will introduce the SAP solutions by BlackLine and highlight four common use cases for the complementary solutions:

Webinar 1: Balance Sheet Substantiation

Financial Close excellence starts with completeness and accuracy. In our first episode, we’ll cover:

  • Why the Financial Close should be a focus in transformation efforts

  • What substantiation involves and why it’s critical

  • How SAP Account Reconciliation and Automation by BlackLine complements core SAP functionality to reduce risk and add visibility

Webinar 2: Journal Entry Management

Automating, standardizing, and integrating the manual journal entry process can save time and transform audits. In this episode, we’ll cover:

  • Pain points and challenges associated with journal entries

  • Why modernizing the journal entry process is impactful

  • How SAP Account Reconciliation and Automation by BlackLine extends core SAP functionality with automation and a complete audit trail

Webinar 3: Reconciling Transactions

Throughout the month and during period-end close, accountants spend a disproportionate amount of time reconciling, or matching, data between sources. Automating those processes puts the focus back on higher-value tasks. In this episode we’ll cover:

  • Common transaction matching use cases

  • How SAP solution extensions by BlackLine can scale and automate processes, saving time and enabling continuous accounting

Webinar 4: Intercompany Accounting

When organizations expand their global footprint, a high volume of transactions, numerous regulatory and tax requirements, multiple currencies, and disparate systems create challenges with compliance and control. Reactive processes that are dependent on spreadsheets, email, or other workarounds expose organizations to financial, legal, and reputation risk. In this episode, we’ll cover:

  • The definition of intercompany accounting

  • Challenges and use cases for a unified intercompany solution

  • Impactful applications and outcomes for organizations using SAP Intercompany Financial Hub by BlackLine