BlackLine Smart Close
Simplify, Standardize, and Automate Your Financial Close in SAP
With so many steps and dependencies in the financial close, it is easy to waste time and increase risk by missing vital tasks or skipping critical approvals. The best run accounting organizations define and standardize their close processes from corporate to subsidiary, have clear visibility into progress, ensure controls and documentation, and have accountability and assignment of tasks. BlackLine Smart Close enables a simplified, standardized, and automated financial close, embedded directly within SAP.
Powerful Controls. Real-Time Financial Close Visibility.
Define periodic check lists, pre-close activities, closing tasks, internal controls, report verifications, manual processes, milestones, notifications and more. Customizable overviews of the close process and financial data make it simple to see issues and roadblocks in real-time. Get a live overview on the status of each aspect of the close period process with traffic light indicators showing completion levels.
Close Automation: From Task Scheduling to Escalation
Automate task and job scheduling, execution, and monitoring of close tasks, as well as outcome verification and escalation ― from corporate to subsidiary. Job scheduling even works with your organization’s own internal scheduling tools. Built-in scheduling process templates for tasks like suspense account monitoring, and open item analysis put time-consuming tasks on auto-pilot.
Built Right into SAP
Gain access to all data in SAP, including historical data, with no need to learn a different application. Working with live SAP data makes it easy to create last-minute postings, see accounts with changes, and verify them, in real-time. BlackLine Smart Close for SAP automatically uses SAP user roles and authorizations, works with single sign on, and completely mirrors the SAP user experience, minimizing the need for end user training.