BlackLine empowers greater productivity and detects accounting errors before they become problems while also eliminating manual spreadsheet-dependent processes prone to human error.
BlackLine Account Reconciliations automates and standardizes the reconciliation process managing every element of financial close - free from manual, error-prone, practices. Its unified cloud platform supports the entire close-to-disclose process.
Being a long time partner of SAP, the platform allows you to achieve SAP financial close excellence. BlackLine also connects the users promoting collaboration, monitors financial close workflows, and automates high-volume reconciliations.
BlackLine’s solutions complement SAP Advanced Financial Closing, SAP Group Reporting, SAP ECC, SAP S/4HANA, and other SAP software as part of an end-to-end offering for Finance. They also address the traditional manual processes that are performed by accountants outside the ERP, often in spreadsheets.
A purpose-built SaaS application that automates and streamlines labor-intensive financial close processes. The SAP Account Substantiation and Automation also automates balance sheet substantiation, manual journal entry processing, transaction matching, and close task management. The tool still reduces or eliminates routine, manual tasks, and adds visibility and standardization.
The right tool to centralize and streamline intercompany reconciliations, netting, and settlement facilitation. With central governance of intercompany agreements and management of trading relationships, and by entity and transaction type – streamline transaction processing and approvals. The Intercompany accounting and reconciliations (currency exchange rates, transaction amounts, recorded taxes, journal entry creation, invoicing, and approval workflows) are neatly and automatically managed. The solution interfaces with your company’s systems to centralize data in one location.