LONDON and LOS ANGELES, June 10, 2013 /PRNewswire/ -- Financial software provider BlackLine Systems and enterprise application software leader SAP AG (NYSE: SAP) will be presenting together this week at the Financials 2013 conference in Amsterdam (Tuesday to Thursday, 11 to 13 June 2013). In the first of two presentations, BlackLine and SAP will be joined by Thomson Reuters for a client case study highlighting best practices and benefits of automating critical accounting processes using BlackLine alongside solutions from SAP.
For the first session, entitled "See How Thomson Reuters Closes with Confidence by Automating Account Reconciliations with Solutions from BlackLine and SAP," Robert C. Abercrombie, CPA, director of Corporate Infrastructure & Operations for Thomson Reuters, will share his insight on how companies can communicate better, improve efficiencies, increase productivity, reduce bottom line costs and ultimately 'close with confidence' by implementing best practices such as automating traditionally manual account reconciliation and financial close processes.
The presentation with Thomson Reuters is one of two that BlackLine will deliver alongside SAP during the conference.
The second, entitled "How to Overcome Weaknesses and Inefficiencies in the Account Reconciliation Process for a Faster Close," will show how finance, accounting, audit and compliance executives can further ensure the integrity of their balance sheets – and ultimately financial reports – by implementing software to automate the traditionally manual, labor-intensive and spreadsheet-driven account reconciliation process.
Both presentations are designed to inform customers, whether operating in an environment of only SAP® solutions or applications from multiple vendors, how account reconciliation process optimisation can help them achieve a quicker and more accurate financial close process.
- Stefan Karl, chief solution expert, Finance Solutions, SAP AG
- Mario Spanicciati, executive director of EMEA & EVP of Operations, BlackLine Systems
- Robert C. Abercrombie, CPA, director, Corporate Infrastructure & Operations, Thomson Reuters
Attendees will leave each session with insight into how, by automating their account reconciliations, they can:
- Virtually eliminate spreadsheets (and the manual errors that often come with them) from their account reconciliation process
- Automate traditionally manual accounting functions
- Have a faster, more efficient close cycle - maintaining more control and visibility worldwide, while reducing risk
- Realise exceptional ROI in a very short timeframe
- Improve the accuracy and timeliness of compliance reporting
- Manage compliance while servicing multiple locations, worldwide
BlackLine is an SAP software solution and technology partner in the SAP PartnerEdge®program. The company is also a participant in SAP Store, the online e-commerce channel or "e-channel" for enterprise solutions and services from SAP and its partners designed to provide SAP customers with information on relevant, complementary technology solutions that are certified by SAP (such as the BlackLine solution).
BlackLine was named a 2011 SAP Pinnacle award finalist in the "Software Solution Newcomer of the Year" category. SAP Pinnacle awards are presented annually to the "best and brightest" of the SAP partner ecosystem, recognising partners that have excelled in developing and growing their partnership with SAP and driving customer success.
To learn more, visit BlackLine at Financials 2013 in Amsterdam in booth No. 205.
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. BlackLine software applications complement existing Enterprise Performance Management (EPM), Governance Risk and Compliance (GRC) and Enterprise Resource Planning (ERP) systems.
BlackLine offers clients its enterprise-class software in a simple and secure OnDemand/SaaS 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.
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All other product and service names mentioned are the trademarks of their respective companies.
Media Contact: Kimberly Uberti Director of Corporate Communications BlackLine Systems firstname.lastname@example.org
SOURCE BlackLine Systems