Driving Financial Sustainability Through Accounting Operational Strategies

Presented by

Susan Parcells, finance transformation leader, BlackLine

About this talk

The coronavirus pandemic has placed tremendous pressure on colleges and universities, leaving many campuses to face acute financial challenges. According to a recent report from McKinsey, the percentage of institutions with budget shortfalls of more than 5% will increase to more than 50% — and for private four-year colleges, that percentage can rise to as high as 77%. Across-the-board budget cuts may stopgap challenges but won’t necessarily ensure a sustainable future. Now may be the time to invest in an operational framework that goes beyond traditional manual accounting processes. Automation can free up time for analysis and decision-making as well as improve transparency and balance sheet integrity. During this webcast, our panel of experts will cover: -Challenges and bottlenecks in traditional manual close processes -Strategies for automating and streamlining critical close activities -Forward-looking plans for guiding institutions toward an improved future Join us to learn what campus experts are doing to automate and improve accounting close processes and how similar strategies can drive financial and accounting sustainability on your campus.

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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.