LOS ANGELES, May 20, 2016 /PRNewswire/ -- The Scotts Miracle-Gro Company (NYSE: SMG) presented alongside BlackLine and SAP (NYSE: SAP) on the transformation of finance and accounting (F&A) in a roundtable session this week at SAPPHIRE® NOW and the ASUG Annual Conference in Orlando, Florida. Laurel Johns, manager, Finance Consolidation & Controls at ScottsMiracle-Gro, shared the company's journey transforming its F&A processes using the BlackLine Financial Close Suite for SAP® Solutions, an SAP-endorsed business solution.
Throughout the session, Ms. Johns highlighted the ease of integration with SAP solutions, as well as the key benefits and ROI the $3 billion public company has realized since using the BlackLine suite on a global basis. Attendees of the by-invitation only interactive session heard first-hand about the selection process, implementation, lessons learned and key successes since implementing the BlackLine suite alongside SAP software.
The cloud-based BlackLine Financial Close Suite for SAP Solutions complements the functionality inherent in the SAP ERP Financials solution and the SAP S/4HANA Finance solution, bringing enhanced control and automation to F&A departments worldwide. BlackLine recently announced that its BlackLine Connector 3.0 has achieved certified integration with the SAP NetWeaver® technology platform running on the SAP HANA® platform. 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.
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.
SAPPHIRE NOW focuses on how companies can enable their digital business strategy and get more from their technology investments. SAPPHIRE NOW and the ASUG Annual Conference is the world's premier business technology event and largest SAP customer-run conference, offering attendees the opportunity to learn and network with customers, SAP executives, partners and experts across the entire SAP ecosystem.
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 and accounting (F&A) operations. The platform enables customers to move beyond outdated processes and point solutions to a 'Continuous Accounting' model. With the continuous accounting model, 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. 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 regional headquarters in London, Singapore and Sydney. For more information or to see a complete list of offices, please visit www.blackline.com.
SAP, SAPPHIRE, 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 are the trademarks of their respective companies.
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