Tyco to Join BlackLine Systems for Presentation at 18th Annual North American Shared Services & Outsourcing Week

Session to emphasize importance of automating financial close processes for companies in shared services, outsourcing environments

Mar 10, 2014, 08:00 ET from BlackLine Systems

LOS ANGELES, March 10, 2014 /PRNewswire/ -- BlackLine Systems client company Tyco will join the financial software company for a presentation at the 18th Annual North American Shared Services & Outsourcing Week (SSOW) this week in Orlando. 



Accounting/finance managers and compliance executives around the world use the BlackLine Financial Close Suite to automate traditionally manual, labor-intensive and spreadsheet-driven account reconciliation and financial close processes.   Susan Parcells, CPA, BlackLine Systems director of finance transformation and product expert, will lead a session at this year's conference entitled "Create Automated Workflow and Achieve Balance Sheet Integrity."  The session will focus on ways the CFO can improve control and visibility surrounding the financial close process by automating traditionally manual accounting processes, such as account reconciliations.  Previously, finance organizations had to rely on spreadsheet-driven processes that often lead to hidden errors, resulting in costly mistakes.

Susan will be joined by Christine Pepitone, finance manager, Shared Services and Global Processes at Tyco, the world's largest fire protection and security company, for a client case study highlighting the benefits the $10 billion public company has realized since automating critical accounting processes with BlackLine's flagship Financial Close Suite.

Christine also will discuss how large companies operating in shared services and/or outsourcing environments can communicate better, improve efficiencies, increase productivity, reduce bottom line costs and ensure accuracy on the balance sheet by implementing an automated account reconciliation and financial close system such as that offered by BlackLine.  

Attendees will hear how they can:

  • Implement technology to automate the entire financial close process, increasing control and visibility across the board
  • Ensure timely, accurate and documented communications among all departments (accounting, finance, compliance, auditing, etc.)
  • Realize return-on-investment in a short timeframe
  • Improve the accuracy and timeliness of compliance reporting
  • Define responsibility and process ownership
  • Manage compliance while servicing multiple locations

For more information, contact howard.goldstein@blackline.com.

The 2014 North American SSOWeek, slated for Tuesday to Friday, March 11 to 14, expects to welcome nearly 1,000 senior shared services and outsourcing executives for four days of intense learning, information-sharing and intimate networking sessions focused on the issues that are most important to them.  

About BlackLine Systems
BlackLine Systems was the first to develop and offer a commercially available Balance Sheet Account Reconciliation solution.  An experienced provider of software to companies from the Fortune 100 to beyond the Fortune 1,000, BlackLine provides quick-to-implement, scalable and easy-to-use applications that automate the entire financial close process to help improve financial controls for companies of all sizes.  With more than 85,000 users in over 100 countries, BlackLine software applications complement existing Enterprise Performance Management (EPM), Governance Risk and Compliance (GRC) and Enterprise Resource Planning (ERP) systems.

Though ERP-agnostic, the BlackLine Financial Close Suite for SAP® Solutions is an SAP-endorsed business solution – joining the ranks of fewer than 40 other software offerings globally that are endorsed by the enterprise application software leader.  BlackLine also is an SAP Gold Partner.

BlackLine offers clients its enterprise-class financial software in a simple and secure SaaS (Software-as-a-Service) platform.  With a proven track record and a commitment to customer success, BlackLine seeks to reduce the burden the financial close places on accounting and finance professionals. 

BlackLine headquarters are in Los Angeles, with offices in Atlanta, Chicago, London, Melbourne, New York City and Sydney to serve the company's growing global client base.  For more information, please visit www.blackline.com.  

Media Contact:
Kimberly Uberti
Director of Corporate Communications
BlackLine Systems

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