BlackLine Home page BlackLine home page
Solutions
Solutions
Financial Close Management
Financial Close Management
Overview
Overview
Account Reconciliations
Account Reconciliations
Task Management
Task Management
Transaction Matching
Transaction Matching
Journal Entry
Journal Entry
Financial Reporting Analytics
Financial Reporting Analytics
Variance Analysis
Variance Analysis
Smart Close for SAP
Smart Close for SAP
Accounts Receivable Automation
Accounts Receivable Automation
Overview
Overview
Cash Application
Cash Application
Credit & Risk Management
Credit & Risk Management
Collections Management
Collections Management
Disputes & Deductions
Disputes & Deductions
Team & Task Management
Team & Task Management
AR Intelligence
AR Intelligence
Invoicing & Compliance
Invoicing & Compliance
Intercompany Financial Management
Intercompany Financial Management
Overview
Overview
Intercompany Non-Trade
Intercompany Non-Trade
Intercompany Balance & Resolve
Intercompany Balance & Resolve
Intercompany Net & Settle
Intercompany Net & Settle
By Organization Size
By Organization Size
Midsize Organizations
Midsize Organizations
Large Enterprises
Large Enterprises
By Industry
By Industry
Banking & Financial Services
Banking & Financial Services
Consumer Products & Services
Consumer Products & Services
Energy & Raw Materials
Energy & Raw Materials
Healthcare & Life Sciences
Healthcare & Life Sciences
Manufacturing
Manufacturing
Retail
Retail
Technology, Media & Communications
Technology, Media & Communications
See All Industries
By ERP
By ERP
SAP
SAP
Oracle
Oracle
Oracle NetSuite
Oracle NetSuite
Microsoft Dynamics
Microsoft Dynamics
See All ERPs
By Topic
By Topic
Environmental, Social, and Governance
Environmental, Social, and Governance
Recruiting & Retaining Top Talent
Recruiting & Retaining Top Talent
Enabling an ERP Transformation
Enabling an ERP Transformation
CFO & CIO Collaboration
CFO & CIO Collaboration
F&A Transformation
F&A Transformation
IPO Readiness
IPO Readiness
Mergers & Acquisitions
Mergers & Acquisitions
Revenue Cycle Optimization
Revenue Cycle Optimization
Regulatory Compliance
Regulatory Compliance
Customers
Customers
Customer Success
Success Stories
Success Stories
Community
Community
Services
Services
Overview
Overview
Professional Services
Professional Services
Training & Education
Training & Education
Customer Success
Customer Success
Transformation Services
Transformation Services
Global Support
Global Support
Resources
Resources
Events
Events
Upcoming Webinars
Upcoming Webinars
On-Demand Webinars
On-Demand Webinars
White Papers
White Papers
Blog
Blog
Accounting Glossary
Accounting Glossary
Developer Portal
Developer Portal
About
About
Company
Company
About BlackLine
About BlackLine
Leadership
Leadership
Diversity, Equity & Inclusion
Diversity, Equity & Inclusion
Environmental, Social & Governance
Environmental, Social & Governance
In the News
In the News
Press Releases
Press Releases
Investors
Investors
Awards & Recognition
Awards & Recognition
Careers
Careers
Partners
Partners
Consulting Alliances
Consulting Alliances
Solution Provider Partners
Solution Provider Partners
Software & Cloud Partners
Software & Cloud Partners
Business Process Outsourcers
Business Process Outsourcers

F&A TRANSFORMATION

Drive a ‘no regret’ transformation with an F&A-first approach.

An F&A-first approach leads with data as a foundation and positions F&A to achieve quick wins, enable broader enterprise transformation, and provide long-term strategic value to the business.

94%


of accounting and IT teams agree that time spent on accounting, compliance, and other financial close gets in the way of other strategic work

-IDG Market Pulse Research

4,000+ Customers

70%


of CFOs felt they’d be at a disadvantage without financial transformation

-EY

98% of reconciliations automated

99%


of CFOs agree that it’s important to have real-time processes and operations in place to better inform business decisions

-Accenture

The rapid pace of change has highlighted the need for F&A leaders to harness their data faster and more effectively. F&A teams have embraced their expanding roles, but unprecedented demand for their time coupled with traditional manual processes make it difficult for F&A to execute effectively. Transformation is necessary to address these challenges.

While front-office functions have traditionally have a higher priority on the transformation agenda, an F&A-first approach limits dependency on the rest of the enterprise to drive transformation. Starting your transformation with F&A first is ‘no regret’ as it enables data as a foundation for decision-making and transformation of other business functions.

Achieve Quick Wins

An enterprise-wide transformation is a significant undertaking that often takes years to plan and execute. But F&A teams cannot wait. Without addressing top challenges, F&A teams are faced with processes that take too long, cost too much, negatively impact talent retention, and limit business partnership.

BlackLine allows F&A teams to deliver incremental capabilities that enhance visibility, automation, and control.

Enable Broader Enterprise Transformation

Finding the right technology that fits into your digital transformation strategy is important. F&A leaders need to ensure that solutions they deploy will seamlessly integrate with their technology stack.

With BlackLine, there are no dependencies on existing architecture. BlackLine allows F&A teams to prepare and cleanse data by clearing open items and substantiating account balances ahead of other transformation phases, ensuring data problems are not migrated from legacy to transformed environments.

Provide Long-Term Strategic Value

F&A first is a ‘no regret’ strategy that elevates performance not just in F&A, but across the entire company, as key stakeholders and decision-makers gain access to accurate data, faster.

By helping organizations create capacity for F&A, BlackLine enables F&A teams to make meaningful contributions to other leadership priorities and key areas of focus, such as M&A, ESG, and recruiting and retaining top talent.

F&A leaders have a once-in-a-generation opportunity to provide unique value to their organization.

“We thought that if we could automate as many reconciliations as possible before transitioning to a new ledger, it would make the transition that much easier.”

Learn how BlackLine helped Liberty Group prepare for their transition to SAP S/4HANA.