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The Value of Modern Accounting for Midsize Organizations

Midsize F&A teams face a unique set of challenges. They’ve outgrown the often informal systems and processes typical of smaller business but lack the resources of larger enterprises.

To reach their full potential, midsize companies must be able to grow their top line while retaining operational agility and keeping administrative overhead in check.

Fortunately, modern close automation technology allows organizations to effectively scale, become more productive, and strengthen controls. And modern accounting is now readily achievable.

Join industry expert Ventana Research and BlackLine customer ARRIVE Hotels & Restaurants as they explore the value of close automation, especially for evolving and growing midsize organizations.

This webinar will cover:

-The benefits of investing in close automation software, including improved efficiency and real-time data for faster business decisions
-How midsize organizations can establish an achievable modern accounting roadmap
-A Q&A session with ARRIVE discussing the importance of financial close technology wherever teams may travel
Recorded Jan 21 2021 68 mins
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Presented by
Rob Kugel, Senior VP – Research Director, Ventana Research; Liz White, Corporate Director of Finance, ARRIVE Hotels & Restaur
Presentation preview: The Value of Modern Accounting for Midsize Organizations

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  • Best Practices for Enabling a Remote Audit with Technology Recorded: Apr 14 2021 61 mins
    Stephen Arietta, Vice President, Internal Audit, BlackLine; Molly Boyle, Director, Solutions Marketing, BlackLine
    Although company management and auditors may not see eye to eye on everything, they can agree that teams must find new ways to effectively work together during the COVID-19 crisis.

    Moving to a remote audit can present seemingly unsurmountable challenges, such as tracking PBC requests and status or providing and obtaining supporting documentation. But remote work doesn’t have to hinder your productivity.

    Organizations that enable a technology-driven close and audit processes gain more streamlined collaboration, even with a distributed and virtual workforce.

    Join industry experts to hear best practices for transforming the financial close and audit processes with technology, including how to:

    •Increase transparency and improve client-auditor relationships
    •Streamline key audit processes, including PBC management
    •Adapt to a remote audit with added visibility
  • The Journey of NS to Digital Finance Transformation Recorded: Apr 8 2021 60 mins
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    In 2017, NS started its finance transformation journey, a company-wide program designed to optimise financial operations, decrease costs, improve controls, reduce risk and automate key processes across the organisation.

    Using a tool to automate and standardise the accounts reconciliation and month-end closing processes guaranteed NS the ability to deliver high-quality and accurate reconciliations and efficient, uniform month-end closing. Most importantly, it allowed NS to automate continuous control monitoring, and provided unprecedented visibility into accounting processes from a unified workspace.

    Stan Jilesen, Finance Process Expert at NS and Fabrice, Account Director at BlackLine, will discuss in depth how to:

    -Unify finance systems efficiently
    -Attain best-in-class accounts reconciliation processes
    -Achieve efficient month-end closing
    -Enable continuous control monitoring
  • Bose's Finance Transformation Journey Recorded: Apr 8 2021 61 mins
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    Join this webinar to hear from Pieter de Bruijn, European Financial Controller at Bose, who will navigate your way through their finance transformation journey, and how they achieved real-time visibility into reconciliations, strengthened process controls and governance, streamlined the monthly close in SAP, and improved data quality and accuracy with standardization.
  • The Journey of NS to Digital Finance Transformation Recorded: Apr 6 2021 59 mins
    Stan Jilesen, Finance Process Expert, NS; Fabrice, Account Director; BlackLine
    In 2017, NS started its finance transformation journey, a company-wide program designed to optimise financial operations, decrease costs, improve controls, reduce risk and automate key processes across the organisation.

    Using a tool to automate and standardise the accounts reconciliation and month-end closing processes guaranteed NS the ability to deliver high-quality and accurate reconciliations and efficient, uniform month-end closing. Most importantly, it allowed NS to automate continuous control monitoring, and provided unprecedented visibility into accounting processes from a unified workspace.

    Stan Jilesen, Finance Process Expert at NS and Fabrice, Account Director at BlackLine, will discuss in depth how to:

    -Unify finance systems efficiently
    -Attain best-in-class accounts reconciliation processes
    -Achieve efficient month-end closing
    -Enable continuous control monitoring
  • FSN 2020: The Future of Automation in the Finance Function Recorded: Apr 1 2021 31 mins
    Gary Simon, Chief Executive of FSN & Leader of the Modern Finance Forum for CFOs
    No organization remains unscathed by the COVID-19 pandemic. Even those in the least affected industries with the strongest balance sheets found that their supply chains, customers, suppliers, and employees were significantly disrupted.

    When it comes to the record-to-report process, the potential for automation is large, with 84% of survey participants saying they could “do more” to automate the process.

    As we approach year end, automation leaders will be well placed to timeously close the books, produce their financial statements, and satisfy demanding audit requirements.

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    -Expectations for Finance and Accounting post-COVID
  • Beyond Automation: A CFO's Guide to Continuous Improvement of Finance Processes Recorded: Mar 30 2021 61 mins
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    At the start of 2021, many finance leaders have learned how to exercise extraordinary discipline as their companies deploy far-flung resources to perform routine yet essential processes such as closing the books. Finance leaders have also learned how to determine which tasks lend themselves best to automation, as well as how to apply automation to reduce the amount of time and resources finance teams require to complete these tasks.

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    -Why reliance on automation alone reinforces rather than redresses underlying issues with finance processes
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    -How to apply advances in technology in conjunction with best practices in continuous improvement to determine which core finance processes are most likely to benefit from automation

    Please note: This webinar aired previously and may include CPE housekeeping. This webinar is not CPE-eligible.
  • Advancing the Audit Despite Disruption Recorded: Mar 25 2021 57 mins
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    There’s no question that F&A teams have been disrupted by the ongoing pandemic. In fact, nearly half of respondents in a recent survey said that closing virtually with a distributed workforce impacts the audit and other third-party engagements.

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    Join us as we explore how to structure your team and processes so they can securely function from anywhere, from period-end to audit.
    After this webinar, you will be able to:

    -See how the pandemic has permanently disrupted accounting and audit
    -Apply three methods that will empower remote accounting and audit teams to operate effectively
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    Please note: This webinar aired previously and mentions CPE housekeeping. This webinar does not offer CPE credits as credit was issued for live attendance only.
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    Accurate and timely data—data we can trust—is critical to the success of an organization.

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    BlackLine’s finance controls and automation platform is designed to free up Accounting’s time by streamlining the most time-consuming activities. Whether you’re an accountant analyzing an exception or a controller reviewing a reconciliation, with BlackLine, you have time to complete it—with confidence.

    Join this webinar to see a high-level demonstration of the BlackLine platform and learn: why digital transformation can help Accounting become a strategic partner to the business, how BlackLine can automate the manual activities consuming accountants today, and from a business leader’s perspective, how BlackLine can provide visibility to your operations.
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    · Ways to make the accounting function more efficient

    · The right moves for CAOs now

    Please note: This is a replay of a webinar which aired previously and includes previous CPE housekeeping. CPE credit is not offered for this webinar.
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    -Which accounting use cases BlackLine customers are automating with Transaction Matching
    -Just how easy it is to automate high-volume transactional reconciliations
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    The pandemic simply exacerbated what we already knew—traditional manual accounting processes are not sustainable.

    It’s time to usher in a new close. It’s time to move to modern accounting by unifying data and processes, automating repetitive tasks, and driving accountability through visibility.

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  • Pandemic Finance: Strengthening Departments Through Automation Recorded: Feb 4 2021 50 mins
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  • Guide to Executing a Remote Audit Recorded: Jan 26 2021 19 mins
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    Due to the impact of the current COVID-19 outbreak to businesses worldwide, many auditors will be conducting their review of company financials from a remote location. This can create challenges in obtaining the necessary information and supporting documentation that auditors may require for their sign off.

    Keep in mind that audits are also intended to review your system for internal controls. This includes understanding and articulating your Risk and Control Matrix to the various auditors.

    Finance automation can help overcome these challenges. Understand how you can provide auditors with the needed visibility and information they need through multiple areas of functionality and tools.
  • The Value of Modern Accounting for Midsize Organizations Recorded: Jan 21 2021 68 mins
    Rob Kugel, Senior VP – Research Director, Ventana Research; Liz White, Corporate Director of Finance, ARRIVE Hotels & Restaur
    Midsize F&A teams face a unique set of challenges. They’ve outgrown the often informal systems and processes typical of smaller business but lack the resources of larger enterprises.

    To reach their full potential, midsize companies must be able to grow their top line while retaining operational agility and keeping administrative overhead in check.

    Fortunately, modern close automation technology allows organizations to effectively scale, become more productive, and strengthen controls. And modern accounting is now readily achievable.

    Join industry expert Ventana Research and BlackLine customer ARRIVE Hotels & Restaurants as they explore the value of close automation, especially for evolving and growing midsize organizations.

    This webinar will cover:

    -The benefits of investing in close automation software, including improved efficiency and real-time data for faster business decisions
    -How midsize organizations can establish an achievable modern accounting roadmap
    -A Q&A session with ARRIVE discussing the importance of financial close technology wherever teams may travel
  • Champions of Controllership: Advancing Accounting Despite Disruption Recorded: Dec 29 2020 68 mins
    Tammy Coley, Chief Transformation Officer, BlackLine & Molly Boyle, Finance Transformation Expert, BlackLine
    Stressful deadlines, stretched resources, and limited budgets.

    The close must go on, but manual accounting processes are not sustainable.

    Champions of controllership find ways to innovate, automate, and scale accounting processes amidst continued disruption and despite a host of challenges. They have a vision for the future, believe in using technology to bring about change, and activate teams to modernize accounting.

    Join this webcast to hear from BlackLine’s Champions of Controllership on how companies are advancing with technology.

    You will learn why traditional close processes continue to challenge accounting teams; leading practices for optimizing and automating despite disruption; and how technology improves accuracy, saves time, and benefits everyone.
  • Making the Move to Modern Accounting Recorded: Dec 22 2020 59 mins
    Michael Shultz, Senior Director, Finance Transformation, BlackLine
    Are you ready to start your journey and accelerate your path to modern accounting?

    If you still close with lots spreadsheets, lots of emails, and lots of paper-based processes all done manually, then this webinar will give you guidance on how to map your journey to automation and modern accounting practices.  

    During this session, you will discover how to create a faster and more efficient virtual close cycle, automate traditionally manual accounting functions, and improve the accuracy and timeliness of compliance reporting.
  • Building Trust in Your Close Process Recorded: Dec 17 2020 34 mins
    Katie Morris, Finance Transformation Specialist, BlackLine
    What keeps C-suite executives and finance professionals awake at night?

    Is it the thought of new regulations, the looming year-end audit, or something even more fundamental—like are the numbers right?

    Accurate and timely data—data we can trust—is critical to the success of an organization.

    But when Accounting is bogged down by risky, manual processes, ensuring trusted financials becomes even more difficult.

    BlackLine’s finance controls and automation platform is designed to free up Accounting’s time by streamlining the most time-consuming activities. Whether you’re an accountant analyzing an exception or a controller reviewing a reconciliation, with BlackLine, you have time to complete it—with confidence.

    Join this webinar to see a high-level demonstration of the BlackLine platform and learn: why digital transformation can help Accounting become a strategic partner to the business, how BlackLine can automate the manual activities consuming accountants today, and from a business leader’s perspective, how BlackLine can provide visibility to your operations.
  • Mapping out an Achievable, Virtual Close Recorded: Dec 10 2020 48 mins
    Sonia Chu, Finance Transformation Specialist, BlackLine | James Glau, Solutions Consultant, BlackLine
    Manual processes have traditionally been one of the biggest challenges for accounting teams. These challenges are being magnified as teams shift to a distributed workforce.

    Accountants must adopt new ways to effectively collaborate so they can close on time with confidence. The good news is that a modernized close can be implemented quicker than ever before, even in these uncertain times.

    This presentation will cover why manual accounting processes are not sustainable, the real costs of accounting including risk, time, and employee morale, and how to rapidly adopt modern accounting with an expertly curated playbook for close automation essentials.
  • Change Management: Accelerating Employee Adoption Recorded: Dec 3 2020 27 mins
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    Members of BlackLine's Strategic Innovation team will walk you through how to begin this journey by effectively managing change within your organization.
Make the Move to Modern Accounting
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.

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  • Title: The Value of Modern Accounting for Midsize Organizations
  • Live at: Jan 21 2021 4:30 pm
  • Presented by: Rob Kugel, Senior VP – Research Director, Ventana Research; Liz White, Corporate Director of Finance, ARRIVE Hotels & Restaur
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