LONDON and LOS ANGELES, June 20, 2016 /PRNewswire/ -- BlackLine, a leading provider of financial controls and automation solutions that enable "Continuous Accounting," will be presenting with enterprise application software leader SAP (NYSE: SAP) and Thomson Reuters, a leading source of intelligent information for businesses and professionals, at the Financials 2016 show being held this week in Vienna, Austria.
The session, entitled "Extending the Power of SAP® S/4HANA Finance with Cloud Technology," will provide best practices for using a cloud-based platform such as the BlackLine Financial Close Suite for SAP Solutions alongside SAP S/4HANA Finance to optimise the 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 "Best Practices to Streamline the Account Reconciliation Process for a Faster Close," will dig even deeper into specific best practices and innovative strategies for optimising the reconciliation process for companies operating in an environment running only SAP software, as well as for those using multiple ERP/general ledger systems.
- Josh May, solutions consultant and Finance Transformation expert, BlackLine
- Dr. Christoph Ernst, senior director, Finance Solutions, SAP SE
- Bob Abercrombie, CPA, director of Corporate Infrastructure & Operations, Thomson Reuters
BlackLine's cloud-based software platform helps organisations remain competitive, reduce risk and transform their existing Finance & Accounting (F&A) departments into Modern Finance organisations by automating key processes such as the financial close, account reconciliations, intercompany accounting and controls assurance. BlackLine's Financial Close Suite for SAP Solutions is an SAP-endorsed business solution that 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.
For more information, contact BlackLine Senior Vice President of Marketing Howard Goldstein at email@example.com.
BlackLine is a leading provider of Enhanced Finance Controls and Automation (EFCA) software and the only one that 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 organisations. 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 135,000 users across 1,400 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 regional headquarters in London, Singapore and Sydney. For more information or to see a complete list of offices, please visit www.blackline.com.
SAP 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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