BlackLine
BlackLine’s cloud solutions for the financial close complement SAP solutions as part of an end-to-end offering for Finance. Companies come to BlackLine because their traditional manual accounting processes—often performed outside the ERP—are not sustainable. BlackLine helps companies move to modern accounting by unifying processes, automating repetitive work, and driving accountability through visibility. BlackLine solutions for SAP provide deep functionality and direct, real-time integration to SAP software. BlackLine helps accounting teams transform processes like close task orchestration and balance sheet substantiation. More than 3,500 companies, including more than 800 running SAP solutions, trust BlackLine to help them close faster with complete and accurate results. BlackLine is SAP’s 2021 Partner of the Year – Solution Extensions.
Featured Solutions
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Account Substantiation & Automation
Unify and automate financial close activities and streamline audits by modernizing error-prone, manual activities like reconciliations, journal entries, and controls.
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Intercompany Financial Hub
Govern and automate intercompany processes from end-to-end, across all ERPs and data sources, with a proactive solution that complements native SAP functionality.
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Open Item Clearing Automation
Automatically match and clear millions of open items in SAP with business-defined logic. Simplify your move to SAP S/4HANA and limit risk by preventing open items from building up.
Featured Content
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How Zurich used BlackLine to move to SAP S/4HANA
Zurich North America Uses BlackLine Solutions for Automation & Control During Transformation
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4 Ways BlackLine Enables Successful SAP S/4HANA Implementations
Accounting and finance teams credit BlackLine with adding value throughout the transition to SAP S/4HANA.
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Multimedia Center
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Financial Close Transformation – Research Report
As organizations increasingly rely on data to make decisions, the need for efficient and accurate financial closes has never been greater. However, many finance and accounting (F&A) teams still rely on manual financial close activities, leading to errors and delays. This leaves executives with less time for analysis and puts them at a disadvantage when making important business decisions. Financial close automation can help to reduce errors, speed up the process, and free up time for analysis
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SAP Account Substantiation & Automation Demo
Automate and standardize closing processes for your organization with SAP Account Substantiation and Automation by BlackLine.
Articles / Case Studies / Videos
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BlackLine’s Financial Reporting Analytics Solution Now Sold as an SAP Solution Extension
Reading time: 2 mins
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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SAPinsider Buyers Guide: Finance Management
Reading time: 1 mins
Businesses are constantly searching for upgrades to their financial systems to improve their bottom line and promote innovation. The economy is rapidly changing, and organizations are beginning to realize that financial transformation is an essential step they must take in order to remain competitive and innovate. Additionally, with finance leaders now embracing more strategic roles…
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A Smarter Approach to Intercompany
Reading time: 9 mins
Companies are constantly, merging, shifting, growing, and reorganizing across borders. Finance and accounting teams must coordinate transactions among different parts of the business, which often span between different geographic locations. These sectors each have their own tax laws and regulatory bodies to appease, which may be in flux. Many large multinational organizations also have a…
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A “No Regrets” Approach to Financial Transformation
Reading time: 5 mins
As businesses look to the future and modernize their practices, digital transformation has become a top priority. Although IT and the business team often take center stage in digital transformation initiatives, finance and accounting teams and processes can play a critical role in delivering success. Digital transformation, like a move to SAP S/4HANA, for example,…
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Webinar: How Finance & Accounting Can Rise in Uncertain Times
Finance specialists from Deloitte, EY, SAP, and BlackLine offer their expert perspectives on the new normal and the opportunities F&A teams have to adapt. Find other insightful content from BlackLine on their Vendor Showcase
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Solution Brief: BlackLine Extends Your SAP Investment
Reading time: 1 min
BlackLine’s solutions for SAP complement any ERP environment by automating processes, strengthening controls, and streamlining core close tasks. Find other insightful content from BlackLine on their Vendor Showcase
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Article: Managing Financial Close Tasks: An Ideal Combination of SAP Solutions
Reading time: 1 min
Learn how BlackLine can be used to provide quick wins and to complement other SAP solutions by addressing close management challenges. Find other insightful content from BlackLine on their Vendor Showcase
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Optimizing Financial Close and Record-to-Report Process
Reading time: 1 mins
In This Report: Over the last two years, SAPinsider research has shown that the financial close and record to-report process represent significant pain points for most organizations. Over-reliance on manual processes and poorly integrated systems have left many companies struggling with inefficiency. Read this report to: Discover where SAPinsiders are when it comes to improving...…
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Webinar: Transforming the Audit with Technology
Reading time: 1 min
Industry experts share how cloud technology can increase transparency and improve client-auditor relationships, streamline key audit processes, and limit unplanned costs. Find other insightful content from BlackLine on their Vendor Showcase
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Article: Why Leading Organizations are Moving to the Cloud
Reading time: 1 min
The most cost-effective way to automate resource-exhausting, manual tasks is in the cloud. Here are four more benefits that your organization can gain. Find other insightful content from BlackLine on their Vendor Showcase
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Whitepaper: Streamlining Open Item Clearing with Automation
Reading time: 1 min
Learn how you can leverage BlackLine to automate open item clearing in SAP and streamline the record-to-report process.
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Case Study: Discovery Strengthens Controls for Critical Close Processes
Reading time: 1 min
Discovery recognized that after growing quickly in domestic and international markets, it needed to strengthen its controls and gain better confidence in its governance.
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Case Study: The Hershey Company Success Story
Reading time: 1 min
It started with the production of hand-wrapped chocolate kisses in a rural area of Pennsylvania in 1894. Now, The Hershey Company is a global entity with 18,000 employees, 70 locations, and 80 brands of candy and snacks.
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Video: Experience Financial Close Excellence with SAP
Join this webinar to experience highlights from the BlackLine and SAP Financial Close Excellence session at this year’s virtual InTheBlack London event.
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SAP & BlackLine: Improving the End-To-End Financial Close Process, Together
Reading time: 3 mins
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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Understanding the many applications of “Reconciliation” – How SAP Financial Close Solutions by BlackLine Complement SAP S/4HANA
Reading time: 3 mins
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
Reading time: 3 mins
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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May The (Intercompany) Force Be With You: How BlackLine and SAP Restore Balance
Intercompany is a powerful force in multinational organizations. Spanning the office of the CFO, traditional processes pose challenges to organizations and the effects have far reaching impacts if left unchecked. Out of balances, disputes, write offs, and impacts to the bottom line are just the beginning. But there is hope.