BlackLine And SAP To Host Virtual Event Detailing Benefits Of Continuous Accounting

LOS ANGELES, April 19, 2017 /PRNewswire/--BlackLine, Inc. (Nasdaq: BL) announced today that it is teaming up with SAP tomorrow, Thursday, April 20, 2017, to host a virtual event designed to provide an in-depth look into Continuous Accounting—a new model for Finance and Accounting (F&A) in which automation, controls and tasks typically not performed until the period-end are embedded directly within day-to-day activities, allowing the rigid accounting calendar to more closely mirror the dynamic nature of the business. The complimentary webcast will feature BlackLine and SAP customers CNH Industrial and Graham Group presenting strategies for how companies can do more with less, run leaner and be more effective in their financial close processes.

In many organizations, the Office of Finance is increasingly entrusted with managing business intelligence and then tasked with tying it to enterprise performance. The focus is typically on the capture of high-quality data to develop more accurate forecasts, quickly seize opportunities and/or nimbly sidestep potential business risks. These activities require real-time access to fast-changing financial information globally. Companies with strategic F&A organizations that are instituting a Continuous Accounting model have an edge over the competition.

Topics covered during the course of the virtual event will include:

• Common challenges companies face in today's complex business environment  
• Benefits of real-time insights for Continuous Accounting and the SAP Soft Close
• Leveraging change management principles to successfully implement Continuous Accounting
• Potential problems performing financial analytics with Excel and the importance of variance analysis
• Keys to identifying the right technology partner and the steps for a successful implementation

The BlackLine Financial Close Suite for SAP® Solutions is the only SAP-endorsed business solution for Finance and Accounting.  BlackLine reconciliation and accounting automation software complements SAP software by streamlining key aspects of the financial close while embedding controls throughout. More than 1,700 companies around the world trust BlackLine, including more than 500 that are currently running on SAP software.

The BlackLine and SAP Continuous Accounting virtual event will take place on Thursday, April 20, 2017, beginning at 10 am Pacific Daylight time. For more information and to register for the event, please go here.

About BlackLine
BlackLine is a provider of cloud-based solutions that transform Finance and Accounting (F&A) by automating, centralizing and streamlining financial close operations, intercompany accounting processes and other key F&A processes for large and midsize organizations.  Designed to complement ERP and other financial systems, BlackLine's cloud platform increases operational efficiency, real-time visibility, control and compliance to ensure end-to-end financial close management and accounting automation.

BlackLine's mission is to continuously improve the quality, accuracy and efficiency of Finance and Accounting by centralizing key functions within a single, unified cloud platform.  Enabling customers to move beyond outdated processes and point solutions to a Continuous Accounting model, in which real-time automation, controls and period-end tasks are embedded within day-to-day activities, BlackLine helps companies modernize accounting operations with intelligent automation, ensuring more accurate and insightful financial statements and a more efficient financial close.  More than 1,700 companies with users in over 130 countries around the world trust BlackLine to ensure balance sheet integrity and confidence in their financial statements. 

BlackLine is recognized by Gartner as a Leader in its 2016 Magic Quadrant for Financial Corporate Performance Management (FCPM) Solutions and as a pioneer of the Enhanced Financial Controls & Automation (EFCA) software category.

Based in Los Angeles, BlackLine also has regional headquarters in London, Singapore and Sydney. For more information, please visit www.blackline.com.

SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE (or an SAP affiliate company) in Germany and other countries. See http://www.sap.com/corporate-en/legal/copyright/index.epx for additional trademark information and notices. All other product and service names mentioned are the trademarks of their respective companies.

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SOURCE BlackLine