SYDNEY and LOS ANGELES, May 9, 2013 /PRNewswire/ -- Coles is teaming up with financial software provider BlackLine Systems and enterprise application software leader SAP AG (NYSE: SAP) to deliver a presentation entitled "The Road to Reconciliation: See How Coles Closes with Confidence and Achieves Balance Sheet Integrity with Solutions from BlackLine and SAP" at the Mastering SAP Financials conference next week in Sydney.
A senior finance manager from Coles will present a case study on the ease of integration with SAP® solutions and key benefits and ROI the company has realised since using BlackLine alongside SAP ERP Financials. The session is 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. The session will demonstrate the importance of the account reconciliation process as a critical step on the path to "closing with confidence."
- Ann Furlong, solutions consultant, BlackLine Systems
- Lorelie Oswald, managing principal, Financials, SAP Australia
- Stephen Creasey, manager, Financial Reporting, Coles
Attendees will learn 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 control and visibility, while reducing risk
- Realize exceptional ROI in a very short timeframe
- Improve the accuracy and timeliness of compliance reporting
- Manage compliance while servicing multiple locations
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, and the SAP EcoHub solution marketplace, SAP's online destination 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, recognizing partners that have excelled in developing and growing their partnership with SAP and driving customer success.
BlackLine and SAP will be presenting together again on similar topics at the upcoming Financials 2013 - Europe show in Amsterdam in June.
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.
SAP, PartnerEdge and all SAP logos are trademarks or registered trademarks of SAP AG in Germany and in several other countries.
All other product and service names mentioned are the trademarks of their respective companies.
Director of Corporate Communications
SOURCE BlackLine Systems