SAP Financial Close Excellence Part 2: Journal Entry

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Presented by

Molly Boyle, Finance Transformation Expert, BlackLine

About this talk

Despite recent trends toward digital transformation and a new wave of ERP technology, many accounting teams still rely on traditional, manual processes to close the books. In other words, the close is chaos with a deadline. But it doesn’t have to be. This webinar series will explore aspects of the Financial Close that are most ripe for transformation and share best practices for accounting teams. Experts from SAP and BlackLine will introduce the SAP solutions by BlackLine and highlight four common use cases for the complementary solutions: Balance Sheet Substantiation, Journal Entry Processing, High-Volume Transaction Matching, and Intercompany Accounting. Automating, standardizing, and integrating the manual journal entry process can save time and transform audits. In this episode, we’ll cover pain points and challenges associated with journal entries, why modernizing the journal entry process is impactful, and how SAP Account Reconciliation and Automation by BlackLine extends core SAP functionality with automation and a complete audit trail
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Companies come to BlackLine because their traditional manual accounting processes are not sustainable. BlackLine’s cloud-based solutions and market-leading customer service help companies move to modern accounting by unifying their data and processes, automating repetitive work, and driving accountability through visibility. BlackLine provides solutions for financial close management, accounting automation, and intercompany governance, helping large enterprises and midsize companies across all industries do accounting work better, faster, and with more control.