Automation is the best friend of productivity, the former unleashing the latter. Yet, there is only so much automation in many Finance & Accounting organisations and, therefore, only so much productivity.
Automation is the solution, created to simplify and ease manual, repetitive processes. ERP systems, for example, automate many of the accounting processes required to run an efficient organisation. But, they also leave loose ends that need to be tied together manually, such as the necessary clearing of intercompany transactions, the monitoring of internal controls to address compliance risks and the processes leading to an accurate financial close.
BlackLine automates all these burdensome manual tasks—tying up the loose ends to liberate accountants to apply their talents strategically. The enormous amount of time accountants previously invested in manual exercises can be reinvested in value-added activities, ensuring data transparency, enhanced controls and the integrity of data for reporting and compliance purposes. At the same time, CFOs are given the help they need to distil wide-ranging business intelligence to more accurately predict enterprise performance outcomes.
Here are five reasons why CFOs and Finance & Accounting teams must consider BlackLine’s Finance Controls and Automation platform as a vital adjunct to their companies’ ERP and GRC systems.
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