Make Smart Choices when Automating your Close
73 results
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SAP & BlackLine: Improving the End-To-End Financial Close Process, Together
If you’re running SAP or closing with BlackLine, you may have already heard that BlackLine is an SAP Solution Extension. But you may be wondering, what exactly is a Solution Extension? How do SAP and BlackLine work together?
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Unifying Financial Review Processes with BlackLine
More than ever, decision-makers need insights in real-time to manage their complex financial landscapes. Yet providing these insights is easier said than done. Organizations need to find solutions like SAP Account Substantiation and Automation by BlackLine, financial review option, to provide them with a holistic view of their financial information and the collaborative platform to…
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BlackLine and Kyriba Combine to Improve Financial Close Management
by Ogo Nwanyanwu, Research Director, SAPinsider BlackLine partners with Kyriba to deliver greater cash visibility BlackLine Inc. and Kyriba, announced a new partnership to provide organizations with greater collaboration between Finance, Accounting, Treasury and Risk teams. The partnership offers mutual customers of their respective solutions, the capacity to accelerate bank connectivity and enhance cash visibility....…
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Understanding the many applications of “Reconciliation” – How SAP Financial Close Solutions by BlackLine Complement SAP S/4HANA
If you’ve explored the capabilities of SAP S/4HANA you’ve probably heard that one of its benefits is the elimination of reconciliations. If you’ve seen this and you’re also evaluating SAP Solution Extensions by BlackLine for the financial close, you may be wondering whether companies running SAP S/4HANA would need SAP Financial Close Solutions by BlackLine.
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The Universal Journal and Journal Entry Functionality in SAP Financial Close Solutions by BlackLine Explained
In a previous blog we talked about the benefits of the Universal Journal – the architecture of SAP S/4HANA. In that post, we focused how the Universal Journal eliminates intra-ERP reconciliations that were previously needed in legacy SAP environments like SAP ECC. Let’s expand upon that discussion and address the Universal Journal as it relates…
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BlackLine’s Financial Reporting Analytics Solution Now Sold as an SAP Solution Extension
BlackLine recently announced that its Financial Reporting Analytics solution will now be offered as an SAP Solution Extension under the name SAP Account Substantiation and Automation by BlackLine, financial review option. BlackLine’s solution availability comes at a critical time for finance and accounting teams within SAP organizations. These teams are facing significant pressure to deliver…
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Accelerating the Financial Close Process: BlackLine Launches 5-Day Fast Track for Mid-Size Organizations
Finance leaders at mid-sized organizations are under increasing pressure. They face requests to enhance the efficiency of the financial close process, yet many have budget constraints that make it more difficult to leverage emerging technologies that can help in this area. BlackLine's recent announcement of their 5-Day Fast Track program seems to be in direct…
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How to Automate and Streamline the Financial Close Process in Your SAP Systems
In this Q&A, experts provided tips and best practices for automating and streamlining the financial close process, including deep insight into suggested tools ways to leverage those tools for improved error management, faster data extraction, and greater efficiency. If you missed the chat or need a refresher, we welcome you to view the online chat...…
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Upgrade Your Finance and Accounting Processes with BlackLine
As the cost of labor rises, automation provides an inflationary hedge, allowing workers to perform tasks more efficiently. Companies have a certain number of transactions that they need to reconcile and align. This number is only going to keep growing as the company expands. Automation allows users to perform all necessary reconciliations in a fraction…
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Mastering Journal Entry Management with BlackLine
When it comes to improving the efficiency of the financial close, journal entries are the perfect place to start. Roughly half of all financial close tasks are related to journals. As many finance professionals know, there is significant room for improvement in the journal entry process. Outdated manual processes operating through email or Excel can…
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