Streamlining, Automating, and Controlling the Financial Close Process

BlackLine delivers industry-leading Enhanced Finance Controls and Automation (EFCA) software for streamlining, automating, and controlling the financial close process across the enterprise. Built on the cloud from the ground up, BlackLine is the world’s most flexible, scalable and cost-effective solution for financial corporate performance management.

The first company to develop commercially available software for tracking and automating balance sheet account reconciliations, BlackLine continues to innovate, delivering software-as-a-service (SaaS) accounting software to more than 1,500 companies around the world.

First-in-class integrations with leading ERP solutions bridges the gaps and gives your organization the power of unrivaled visibility and insight into complex corporate financials and accounting.

Nuage is proud to partner with BlackLine to offer implementation, training, consulting, and support services for businesses in all industries.

Blackline Product Modules

Account Reconciliation

With BlackLine’s Account Reconciliation, accountants can automate the account reconciliation process on one unified platform, resulting in complete visibility, improved accuracy, and increased efficiency.

Task Management

BlackLine’s Task Management helps accounting teams track progress on month-end close activities. The customizable hierarchy workflows enable accounting leaders to implement standards and controls based on company policies.

Journal Entries

BlackLine Journals provides accounting and finance teams one platform to centralize and manage the journal entry process. BlackLine Journals has the capability to pull data from multiple ERPs and provide accountants an easy way to create, review, and approve journals before posting to general or sub-ledgers.

Transaction Matching

With BlackLine’s Transaction Matching significantly reduces the time accountants spend on reconciling transactions by automating these tedious manual tasks and quickly identifying exceptions.

Challenges

Your finance and accounting team faces unprecedented challenges: growing operational complexity, compliance creep, a shift to real-time, ever-stronger expectations of accuracy… the list goes on.

Finance control and automation software from BlackLine eliminates common challenges associated with tracking, controlling, auditing and compliance throughout the financial close process, providing solutions for:

  • Reliance on spreadsheets and hardcopies — Risk and cost associated with spreadsheets, storage and retrieval is eliminated by a centralized, web-based application accessible from anywhere

  • Legacy and disparate systems — A cloud-based end-to-end solution with seamless ERP integration eliminates inefficiencies and IT costs associated with maintaining multiple and aging systems

  • Lack of efficiency — Powerful automation speeds up the close process by replacing manual processes, data entry, tedious recs, and workflow to save time and free up resources

  • Lack of visibility — Real-time reporting and customizable dashboards provide a 360-degree view of all stages of the financial close, including to-the-minute insight on recs in progress and completed

  • Lack of control — Non-standardized reconciliations, out-of-order tasks, flawed workflow and approval processes and other challenges associated with audits and compliance are eliminated with tools for standardization and centralization

BlackLine’s automated tools for matching, journal creation and validation, bulk JEs, and CIM reconciliations further reduce inefficiencies for a faster close.

Fact: Ventana Research reports that 56% of transactions close within 6 working days using automated solutions like BlackLine vs. just 27% of transactions processed manually.

Benefits

Key benefits of BlackLine reconciliation and close management software:

  • Customization — End-user dashboards, reporting, and tools are customizable based on your organization’s unique needs and team roles

  • Private Cloud Infrastructure — Confidence comes standard with BlackLine, which delivers industry-leading uptime, performance, and accessibility alongside enterprise-level security and disaster recovery capabilities

  • Reduced Total Cost of Ownership (TCO) — Built on the cloud, for the cloud, BlackLine minimizes IT costs: there is no hardware or software to install, no maintenance, and continuous updates are delivered automatically

  • ERP Integrations — Designed to boost and work in tandem with your ERP, BlackLine leads the field offering integrations with NetSuite, Oracle, SAP and 40+ finance and accounting solutions

  • Access from Anywhere — View real-time dashboards and reporting plus manage account reconciliations from anywhere with BlackLine’s on-the-go mobile apps for iOS and Android device

BlackLine’s unified financial management software brings unprecedented efficiency, risk mitigation, enforcement controls, and visibility to more than 1,500 mid-sized and enterprise-level companies.

On average these companies can automate at least 50 percent of their account transactions, and save an average 30 percent of the time previously spent on the reconciliation process.

What can your finance and accounting team do with 30% more time?

ERP Integrations

Seamless integrations ensure BlackLine complements your ERP system, bridging functionality gaps and eliminating IT costs and headaches associated with creating multiple, ad hoc solutions.

BlackLine is ERP agnostic, increasing the power and working alongside of more than 40 financial and accounting platforms.

BlackLine and NetSuite

As a certified BlackLine Partner and NetSuite Solution Provider, Nuage is proud to offer specialized BlackLine integration services with the world’s #1 cloud business management suite.

MORE ON NETSUITE

A Solution for Every Organization

Serving 1,500+ customers in more than 100 countries around the world, BlackLine offers a fully customizable finance and accounting software solution for businesses in every industry, including but not limited to:

  • Banks and Credit Unions

  • Biotechnology and Pharmaceuticals

  • Communications

  • Consumer Goods

  • Financial Services

  • Food and Beverage

  • Healthcare

  • Hospitality

  • Insurance
  • Manufacturing
  • Oil and Gas

  • Retail

  • Technology

  • and more!

Why Partner with Nuage on BlackLine Implementation and Support?

For more than 20 years, Nuage has been implementing financial, accounting, and ERP software for mid-size and enterprise-level clients around the world, specializing in cloud applications. As a certified BlackLine Partner, we offer consultative implementation, training, and support services customized specifically for your individual business needs.

With our 3-point promise, we specialize in helping:

Reduce Operational Costs

Streamline Processes

Grow Your Business

Learn more about how partnering with Nuage on BlackLine implementation, training, and support can transform your organization.