LOS ANGELES and LONDON and SYDNEY, March 29, 2016 /PRNewswire/ -- BlackLine, a leading provider of enhanced finance controls and automation (EFCA) software, today announced that the company's BlackLine Connector 3.0 has achieved certified integration with the SAP NetWeaver® technology platform running on the SAP HANA® platform. The BlackLine Connector is designed to integrate with the BlackLine Financial Close Suite for SAP® Solutions, an SAP-endorsed business solution, and with systems running the SAP ERP application. Working together, the software automates and simplifies the process and ultimately helps customers accelerate the financial close with minimal IT support.
The cloud-based BlackLine Financial Close Suite for SAP Solutions complements the functionality inherent in the SAP ERP Financials and SAP S/4HANA Finance solutions, bringing enhanced control and automation to more than 400 finance and accounting departments worldwide. The BlackLine Connector provides embedded, real-time integration with SAP ERP and the BlackLine Financial Close Management solution's various products, such as account reconciliations and variance analysis.
The SAP Integration and Certification Center (SAP ICC) has certified that the BlackLine Connector 3.0 integrates with SAP NetWeaver 7.40 running on SAP HANA using standard integration technologies. The certification underscores BlackLine's commitment to SAP software environments and helps ensure that customers will be able to implement the BlackLine software suite quickly and with minimal effort and risk.
"Even though our software complements virtually all ERP systems, SAP, in particular, has been a key partner for us," said Mario Spanicciati, BlackLine's chief strategy officer. "Providing customers with certified tools that help ensure that our platform seamlessly integrates with all key SAP software environments and applications will continue to open doors for us to SAP's broad base of enterprise customers."
BlackLine is a member of the SAP PartnerEdge® program. Through the program, partners work closely with SAP to develop and certify the technical integration of their solutions with SAP software. Integrated partner applications extend, complement and add value to SAP solutions, thereby helping mutual customers more successfully meet business needs and drive strong results.
BlackLine is a leading provider of Enhanced Finance Controls and Automation (EFCA) software and offers a unified cloud platform supporting the entire close-to-disclose process. BlackLine's EFCA Platform helps midsize companies and large enterprises improve the accuracy and reliability of their financial reporting, achieve process efficiencies and improve visibility into their Finance & Accounting (F&A) operations. The platform enables customers to move beyond outdated processes and point solutions to a 'Continuous Accounting' model. With Continuous Accounting, real-time automation, controls and period-end tasks are embedded within day-to-day activities, allowing the rigid accounting calendar to more closely mirror the broader business.
Delivered through a scalable and highly secure cloud model and built from a single code base, the BlackLine platform supports many key F&A processes including the financial close, account reconciliations, intercompany accounting and controls assurance, fueling confidence throughout the entire accounting cycle. Through BlackLine's cloud analytics software, BlackLine Insights, CFOs access real-time data to benchmark, analyze and improve the efficiency and performance of their F&A organizations. The software utilizes live, aggregated and anonymized data collected from BlackLine customers.
In an era of ever-increasing business complexity, transaction volumes and stringent regulatory requirements, BlackLine's platform is purpose-built to transform and modernize mission-critical F&A processes—with enterprise-grade accuracy, automation and transparency. More than 125,000 users across 1,300 companies in approximately 100 countries depend upon BlackLine to increase accountant productivity and elevate controls and compliance functions to Modern Finance status.
BlackLine complements existing enterprise systems for Corporate Performance Management, Governance Risk and Compliance and Enterprise Resource Planning. The BlackLine Financial Close Suite for SAP Solutions is an SAP-endorsed business solution, joining the ranks of fewer than 40 other software offerings. BlackLine also is an SAP gold partner, Oracle Gold Partner, and participates in the partner programs of NetSuite and several other ERP providers.
BlackLine global headquarters are in Los Angeles, with offices in Atlanta, Chicago, London, Melbourne, New York City, Paris, Singapore, Sydney and Vancouver. For more information, please visit www.blackline.com.
SAP, SAP NetWeaver, SAP HANA, PartnerEdge and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE (or an SAP affiliate company) in Germany and other countries. See http://www.sap.com/corporate-en/legal/copyright/index.epx for additional trademark information and notices.
All other product and service names mentioned herein are the trademarks of their respective owners.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/blackline-connector-achieves-certification-with-sap-netweaver-300242242.html