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Deloitte and BlackLine alliance

Automating the financial close – unlock your digital potential

Increasing demand is being placed on financial controllers to reduce costs, deliver faster more accurate financials and leverage big data and analytics through a process that is efficient and does not compromise integrity. However, by adopting ‘continuous accounting’ or the ability to smooth completely routine accounting activities throughout the period, the requirement of a time-intensive brute force period-end effort can be removed. Technology is an enabler for high performing finance functions.

Who is BlackLine?

BlackLine is a leading provider of cloud financial close solutions that transform Finance and Accounting (F&A) by automating, centralizing and streamlining financial close operations and other key F&A processes for large and midsize organizations. Designed to complement core financial systems, BlackLine focuses on delivering ‘continuous accounting ’, and has the ability to smoothly complete routine accounting. This allows you to close the books without a brute force effort consuming many days.

 

The journey together

Deloitte & BlackLine

We partner our expertise in close, consolidation and reporting with BlackLine’s enhanced financial automation software to manage the risks in the financial close process and minimise the risk of financial misstatement. BlackLine’s digital platform addresses these risks via automation, standardisation, embedded controls and defined workflows, to deliver the visibility, traceability and segregation of duties necessary in closing the books.

Start your journey to Digital today, leveraging the power of process automation, continuous accounting, and Digital Controllership.

The Power of three

BlackLine complements any ERP environment by automating processes, strengthening controls and streamline core close tasks. It is also the first and only SAP-endorsed business solution for Financial close.

As an SAP Solution Extension, BlackLine extends your SAP investment. From balance sheet substantiation and journal entry centralization to intercompany accounting and clearing open items automatically in SAP, BlackLine supports the full range of close processes and SAP applications.

SAP does a lot, BlackLine does the rest and Deloitte helps you make it happen.

We offer you an integrated approach by partnering our expertise with BlackLine and SAP to reshape and automate your financial close, representing the power of three.

Start your journey to Digital today, leveraging the power of process automation, continuous accounting, and Digital Controllership.

The power of three: The Deloitte, SAP and BlackLine integrated approach

Webinar: The closing process in times of Covid-19

Check our webinar to gain more insights in best practices, key areas of focus and to see how to plan, respond and execute or optimize your virtual close process. In the second half, you will have a look into the BlackLine Task management functionality. The webinar will show you how to automate and optimize your virtual closing process, in a very quick and efficient way.

To help you realizing a first quick win, we developed a starter package. This includes the licenses for the BlackLine Task Management functionality, combined with our Deloitte methodology for BlackLine deployments, delivering a transformative outcome and ensuring a seamless implementation

Don’t hesitate to reach out to us for more information on this package.

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