CONSOLIDATION INTEGRITY MANAGER
Standardize, control, and automate system-to-system reconciliation
Dramatically decrease time spent validating consolidation data with powerful business rules that map and reconcile data across ledgers and consolidation systems.
85-90%
of system-to-system reconciliations automated every month
85%
reduction in time spent on reconciliations
$2.77
ROI with BlackLine
For many organizations, the process of producing consolidated financial statements is time consuming and highly manual. Multiple entities, currencies, and reporting jurisdictions increase consolidation complexity and add risk, among other significant challenges.
BlackLine Consolidation Integrity Manager automates the tedious system-to-system, Excel-driven process of reconciling multiple ledgers to a consolidation system and replaces it with an efficient, seamless workflow.
Integrate Processes & Enhance Efficiency
Save time spent comparing multiple ledgers to a consolidation system and easily identify and investigate discrepancies by embedding automation into your reconciliation workflows.
Consolidation Integrity Manager automatically certifies accounts where the balances tie out and highlights exceptions, allowing Accounting to focus on what matters most.
Centralize Documentation & Increase Visibility
Report on and assess reconciliation status, timeliness, and quality with real-time dashboards and purpose-built reports.
Consolidation Integrity Manager groups accounts and has drill-down capabilities to view detail directly within BlackLine. Users can attach and store supporting documentation in the cloud, eliminating version control issues and improving collaboration across teams and auditors.
Standardize Control & Reduce Risk
Oversee and manage processes more efficiently with topside adjustment tracking and monitoring.
Consolidation Integrity Manager has embedded controls and alerts to ensure that late adjustments and journal entries are never missed. These items are tracked and aged automatically, offering management full control and visibility into the consolidation reconciliation process, ensuring completeness and significantly reducing risk.
Ditch the consolidation complexity.
“As a global organization, having visibility to the entire balance sheet is a need. The more global we became, the more oversight we needed into the chart of accounts. We were looking for process efficiency around balance sheet control, preparation, and reconciliation.”
DIRECTOR OF FINANCIAL DATA SYSTEMS
Implemented five BlackLine products in tandem with an SAP S/4HANA deployment
Additional Resources
Measuring the Real Cost of Manual Accounting
What is the real cost of traditional manual processes? Can we measure the value of shifting from manual to automated accounting tasks?
The Modern Accounting Playbook
BlackLine’s Modern Accounting Playbook delivers a proven-practices approach to help you identify and prioritize your organization’s critical accounting gaps.
The Path to Digital Finance Transformation
Financial operations excellence starts with packaged solutions designed to accelerate digital finance transformation.
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