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Deloitte and BlackLine

Automating the financial close process

Deloitte, with BlackLine Inc.’s enhanced financial automation software, can help clients govern and automate financial accounting and reconciliation processes and streamline period end reporting. Automating voluminous, manual processes improves operational efficiency while reducing occurrences of costly errors and allows talent to shift to higher value activities.

Managing the Close in a Virtual World

In the current environment, the need to operate effectively as a remote workforce has never been greater. Attending to business critical functions such as the month-end finance close will ensure that leaders have the right numbers to support decision-making. Today, many chief financial officers, controllers, chief accounting officers, and other financial executives feel enormous pressure to shorten their financial close process, accelerate reporting to management and shareholders, and increase process efficiency—all while delivering accurate and timely financial statements. Compounding these challenges, finance teams are now working remote and often rely on inconsistent, error-prone manual processes and data from multiple ERPs, and systems where rework is almost the norm.

Deloitte & BlackLine – Leaders in Automating the Financial Close Process

BlackLine is a leading cloud based corporate performance management solution focused on delivering “continuous accounting,” or the ability to smoothly complete routine accounting period to period without a brute force effort consuming many days just to close the books. Deloitte complements this solution with Digital Controllership services, providing effective process and governance design and implementation needed to effectively navigate the road to Digital.

Deloitte is BlackLine’s oldest and largest Implementation Partner. We have delivered more BlackLine implementations in the Asia Pacific Region than any other service provider and Deloitte has been recognised as the 2019 & 2020 APAC Systems Implementation Partner of the Year.

Together Deloitte and BlackLine can support finance by:
  • Accelerating and de-risk financial processes while increasing confidence in financial statements and controls
  • Mitigating risks associated with rework and control deficiencies
  • Releasing valuable finance and controllership professionals for higher value work

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

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