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Thriving in the Age of Change

A progressive shift has been taking place within organizations, and this change has been in the works long before the current pandemic. Finance automation solutions are enabling corporations to embrace this change: to increase efficiency, improve accuracy, and decrease risk.

BlackLine’s Michael Shultz will discuss how accountants at your organization can be more proactive, focus on complex and judgmental areas, and drive strategic business decisions.

He will reveal what modern accounting looks like: processes are automated, data is connected, and the role of the accountant is elevated. Your accounting team’s value can expand beyond executing checklists and historical reporting to include proactive analytics and a seat at the de

Learning Objectives

After this webinar, you will be able to:

Employ best practices, resulting in a better utilized, more efficient organization that focuses on risk management, compliance, and data analytics.
Describe how to transform the way accounting departments work by reducing less-rewarding tasks, resulting in better attraction and engagement of top talent.
Recognize the power of automation and how it strengthens accounting organizations.
Recorded Jun 22 2021 58 mins
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Presented by
Michael Shultz Head of Digital Transformation
Presentation preview: Thriving in the Age of Change

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  • Channel
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  • Rising to the top of the CFO’s Agenda: Driving Greater Value with AR Automation Oct 5 2021 3:00 am UTC 59 mins
    Brian Morgan, Director, Product Marketing, AR, BlackLine
    Accounting and finance leaders are playing an increasingly important role in driving change within their organizations. From ensuring balance sheet integrity to balance sheet optimization, CFOs and controllers are no longer relegated to tasks that are aimed at “keeping the lights on.” More and more, they must be “chief value extractors,” driving sustainable business growth through technological innovation, improved governance, business intelligence, and investment returns.

    In this webinar, discover how A&F leaders can rise to the challenge, while ensuring the financial health of the organization and laying the foundation for working capital excellence. We’ll cover ways accounts receivable (AR) automation can help:

    -Optimize cash collections and free up working capital
    -Identify customer payment behavior trends to drive more timely and accurate decision-making
    -Provide decision intelligence to improve compliance and forecasting on future trading and financial results
  • How F&A Can Rise in Uncertain Times - Part 6 Sep 30 2021 7:00 pm UTC 31 mins
    Patrick Schmidt, Enterprise Solutions Consultant, BlackLine
    Part 6 BlackLine Solution Showcase

    Companies come to BlackLine for consumable solutions to the traditional, manual close that continue to scale with growing and evolving organizations. Whether you’re a team of five accountants or 100, BlackLine provides informed expertise with a clear vision and route for any company to achieve their modern accounting goals.

    During this session, one of BlackLine's Solutions Consultants will take you inside the platform for a peek at the features and functions of the platform.
  • How F&A Can Rise in Uncertain Times - Part 5 Sep 30 2021 5:00 pm UTC 39 mins
    Tammy Coley, Chief Transformation Officer, BlackLine | Sean Bennett, Director Strategic Innovation, BlackLine
    Part 5 - Let's Get It Started—What to Do Today

    Be further introduced to modern accounting through the Accounting Innovation Framework, and walk through how to categorize your accounting processes so you can begin to optimize your account reconciliations.
  • How F&A Can Rise in Uncertain Times - Part 4 Sep 29 2021 7:00 pm UTC 28 mins
    Brandee Bible, Senior Director Strategic Innovation, BlackLine | Jennifer Ryan, Strategic Innovation Manager, BlackLine
    Part 4 - Change Management: Accelerating Employee Adoption

    Members of BlackLine's Strategic Innovation team will walk you through how to begin this journey by effectively managing change within your organization.
  • How F&A Can Rise in Uncertain Times - Part 3 Sep 29 2021 5:00 pm UTC 49 mins
    Sonia Chu, Finance Transformation Specialist, BlackLine | James Glau, Solutions Consultant, BlackLine
    Part 3 - Mapping out an Achievable, Virtual Close

    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.
  • How F&A Can Rise in Uncertain Times - Part 2 Sep 28 2021 7:00 pm UTC 20 mins
    Lee Coogan, Vice President Customer Success, BlackLine
    Part 2 - Guide to Executing a Remote Audit

    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.
  • How F&A Can Rise in Uncertain Times - Part 1 Sep 28 2021 5:00 pm UTC 28 mins
    Joe Demian, Customer Success Manager, BlackLine
    Part 1 - Time-Saving Automation for a Remote Workforce

    With employees that are new to a remote working environment, many can be experiencing an increase in the time to complete their deliverables. They are relying on a virtual communication structure, have limited access to essential documentation, and are asked to reprioritise activities and responsibilities to complete tasks with a decentralized team.

    Learn about global settings which enable employees to focus on risk, timeliness, and importance based on the company’s needs and requirements to close faster.
  • Evolution or Revolution? The case for finance innovation Recorded: Aug 31 2021 62 mins
    Bhavna Chaudhary, Partner, EY LLP
    A quick-start approach to finance innovation or an acceleration of existing transformation initiatives became a necessity for many organizations over the past year. Whether they were implementing finance transformation initiatives or just starting out, the pandemic laid bare some of the gaps in processes and technologies that needed to be urgently addressed. Most notable was an increased awareness of how speed to value is maximized when you bring the proper balance of operational change, technology innovation, and talent strategy.

    How do you determine the correct path to innovation? Explore questions such as:

    -Do you tweak current processes or rebuild them?
    -Which tasks can offer most benefit from increased automation?
    -How do you redeploy resources to provide greater insights and help drive business decisions?
    -What is the impact on culture and people?

    Join EY leaders for an interactive conversation about the business case for finance innovation and the transformation journey of a global organization.
  • Navigating Your Digital Transformation Journey with BlackLine Recorded: Aug 26 2021 63 mins
    John Estevez and Bob Davenport, BlackLine Lead Architect Management Consulting, RSM
    Organizations across all industries are implementing digital transformation initiatives with the goal of leveraging technology to keep pace with evolving customer and employee expectations. By successfully integrating technology, middle market companies can increase revenue, streamline key business processes, increase scalability and agility, and ultimately, create a competitive advantage.

    How organizations choose, implement, and manage evolving technology solutions can position them above the competition in the middle market.

    Join us to learn more about digital transformation in the middle market, and why BlackLine’s Modern Accounting Playbook solution should be considered as a key part of your digital transformation journey.

    Please note: this webinar aired previously, and CPE credit as well as giveaways were provided for the original air date only. CPE credit or giveaways will not be offered for this webinar.
  • Setting Our Table for the Future & Developing the Right Talent Recorded: Aug 17 2021 61 mins
    Tom Hood, CPA, CITP, CGMA, Executive Vice President of Business Growth & Engagement, AICPA
    CFOs and finance professionals have been thrust into the center of attention as they are called on to help businesses survive and thrive in these extraordinary times.

    The starting point is generally to address the cost effectiveness of our finance teams by using digital solutions. This enables them to spend more time on value creating activities—through the use of greater analytics—and become strategic partners to the business.

    While the focus starts with this technology, the key is to then to develop capability, skills, and mindsets to maximize the change. As we do that, we stretch the skills and capacity of overloaded finance teams.

    In fact, 90% of CFOs say their teams lack the skills needed for the current environment. The result is a growing talent-performance gap—the difference between sufficient staff capable of value partnering and well versed in leadership, sense-making, collaboration and story-telling and staff lacking these skills.

    During this session, we will:

    -Discuss how the pandemic has impacted finance functions and what the research is saying
    -Identify the top trends and issues on the minds of finance leaders
    -Determine the top skills and competencies needed to get the most out the digital tools
    -Determine the top skills, competencies, and mindset required to stay relevant and provide increasing value
    -Construct a talent game plan to align with changing business needs

    Please Note: This session is a replay of a session which previously aired and was CPE-eligible and offered giveaways on its original air date. This session is not CPE-eligible, and the giveaways are not part of this webinar.
  • Unleash Your Accountants to Become Exceptional Recorded: Aug 10 2021 62 mins
    Michael Shultz, Director, Strategic Accounting, BlackLine
    Manual accounting processes are a top frustration of every accountant—the repetitive work, endless spreadsheets, and late nights at month-end.

    But what’s the real cost? How can we change? What can we do in today’s distributed work environment?

    In this webinar, Michael Shultz, Director of Strategic Accounting at BlackLine, will explore the costs of traditional manual accounting processes. He will discuss how you can measure the value of automating specific accounting tasks, identify the significant issues at your organization and change to be more efficient.

    After this webinar, you will be able to:

    · Discover why manual accounting processes are not sustainable, especially given the work from home environment

    · Recognize the real costs of accounting beyond hard dollars, including risk, time, and employee morale

    · Identify key considerations for building a business case for transforming your accounting department

    Note: This webinar is a replay of a webinar that offered CPE credit. Please note that this webinar is not eligible for CPE credit.
  • Rising to the top of the CFO’s Agenda: Driving Greater Value with AR Automation Recorded: Aug 3 2021 56 mins
    Brian Morgan, Director, Product Marketing, BlackLine
    Accounting and finance leaders are playing an increasingly important role in driving change within their organizations. From ensuring balance sheet integrity to balance sheet optimization, CFOs and controllers are no longer relegated to tasks that are aimed at “keeping the lights on.” More and more, they must be “chief value extractors,” driving sustainable business growth through technological innovation, improved governance, business intelligence, and investment returns.

    In this webinar, discover how A&F leaders can rise to the challenge, while ensuring the financial health of the organization and laying the foundation for working capital excellence. We’ll cover ways accounts receivable (AR) automation can help:

    -Optimize cash collections and free up working capital
    -Identify customer payment behavior trends to drive more timely and accurate decision-making
    -Provide decision intelligence to improve compliance and forecasting on future trading and financial results
  • Thriving in the Age of Change Recorded: Jul 26 2021 63 mins
    Michael Shultz, Director, Strategic Accounting
    A progressive shift has been taking place within organizations, and this change has been in the works long before the current pandemic. Finance automation solutions are enabling corporations to embrace this change: to increase efficiency, improve accuracy, and decrease risk.

    BlackLine’s Michael Shultz will discuss how accountants at your organization can be more proactive, focus on complex and judgmental areas, and drive strategic business decisions.

    He will reveal what modern accounting looks like: processes are automated, data is connected, and the role of the accountant is elevated. Your accounting team’s value can expand beyond executing checklists and historical reporting to include proactive analytics and a seat at the decision-making table. We call it the role of the exceptional accountant.

    Learning Objectives

    After this webinar, you will be able to:

    -Employ best practices, resulting in a better utilized, more efficient organization that focuses on risk management, compliance, and data analytics.
    -Describe how to transform the way accounting departments work by reducing less-rewarding tasks, resulting in better attraction and engagement of top talent.
    -Recognize the power of automation and how it strengthens accounting organizations.
  • Finding New Answers to Old Challenges Recorded: Jul 20 2021 58 mins
    Brian Morgan, Director, Product Marketing, AR at BlackLine
    Who doesn’t want more cash? We know that cash is critical for the well-being of every business and new focus is being placed on the availability and predictability of cash from customers.

    Join us for this webinar to learn how Operational Excellence can be achieved in Cash Application, and by using data previously unlocked, how Decision Intelligence can be leveraged to allow improved data-driven decisions in risk and collections processes.

    We’ll take a deep dive into:

    -Cash Application—The cornerstone of AR processes, you’ll learn how Intelligent Automation can increase productivity by providing quick and accurate payment reconciliation, allowing up-to-date visibility of debtors.

    -Decision Intelligence—BlackLine’s new AR Intelligence solution provides a suite of debtor reporting to allow more data-driven decisions from customer behavior trends, payment to terms analysis, and payment forecasting. It puts this data at your fingertips, so you’re no longer at the mercy of Excel spreadsheets.

    Now is the time for Accounts Receivable and Credit Management professionals to be equipped with Intelligent Automation that will drive process improvement, people productivity, and business outcomes by releasing cash previously locked in debtors.
  • Rising to the top of the CFO’s Agenda: Driving Greater Value with AR Automation Recorded: Jul 13 2021 56 mins
    Brian Morgan, Director, Product Marketing, BlackLine
    Accounting and finance leaders are playing an increasingly important role in driving change within their organizations. From ensuring balance sheet integrity to balance sheet optimization, CFOs and controllers are no longer relegated to tasks that are aimed at “keeping the lights on.” More and more, they must be “chief value extractors,” driving sustainable business growth through technological innovation, improved governance, business intelligence, and investment returns.

    In this webinar, discover how A&F leaders can rise to the challenge, while ensuring the financial health of the organization and laying the foundation for working capital excellence. We’ll cover ways accounts receivable (AR) automation can help:

    -Optimize cash collections and free up working capital
    -Identify customer payment behavior trends to drive more timely and accurate decision-making
    -Provide decision intelligence to improve compliance and forecasting on future trading and financial results
  • Building Resilience with BlackLine Recorded: Jul 13 2021 61 mins
    Nicola Hardy, Credit Control Manager, Essentra; Karen Cichosz, Senior Manager Cash Collection Management, Tarmac
    How resilient are your people, systems, and processes? Are your KPIs relevant for this new way of remote working? Do you want to understand how other organisations are building resilience in their credit management and accounts receivable functions in 2021?

    If so, Building Resilience with BlackLine is for you.

    Join our discussion to learn from BlackLine and other organisations, on what they have done to be successful and the plans they are making to ensure they and their department are ready for the next challenges, whether that be growth, recession, do more with less or achieve the next set of demanding goals.
  • Thriving in the Age of Change Recorded: Jul 6 2021 58 mins
    Michael Shultz Head of Digital Transformation
    A progressive shift has been taking place within organizations, and this change has been in the works long before the current pandemic. Finance automation solutions are enabling corporations to embrace this change: to increase efficiency, improve accuracy, and decrease risk.

    BlackLine’s Michael Shultz will discuss how accountants at your organization can be more proactive, focus on complex and judgmental areas, and drive strategic business decisions.

    He will reveal what modern accounting looks like: processes are automated, data is connected, and the role of the accountant is elevated. Your accounting team’s value can expand beyond executing checklists and historical reporting to include proactive analytics and a seat at the de

    Learning Objectives

    After this webinar, you will be able to:

    Employ best practices, resulting in a better utilized, more efficient organization that focuses on risk management, compliance, and data analytics.
    Describe how to transform the way accounting departments work by reducing less-rewarding tasks, resulting in better attraction and engagement of top talent.
    Recognize the power of automation and how it strengthens accounting organizations.
  • Close Faster by Optimizing Your Journal Entry Process Recorded: Jun 30 2021 64 mins
    Brandon Maciejewski, Director, Revenue Center of Excellence, Blackbaud; Senior Manager, Marketing Performance, BlackLine
    More than ever, organizations rely on real-time trusted information with continuous digital controls monitoring. Journal entries are a crucial part of the month-end close, so you must know how to automate them to reduce cycle times as efficiently and correctly as possible.

    Worse yet, traditional journal processes take a great deal of accounting’s time when handled in an uncoordinated, manual way and can badly skew the results in your financial statements.

    In this webinar, Brandon Maciejewski, Director, Revenue Center of Excellence, Blackbaud, Inc. will discuss:

    -How to identify upstream process issues that increase close cycle times
    -Practical use cases to significantly reduce the number of journal entries, human involvement as well as the risk of error
    -Implementing journal scorecards for relevant, timely KPIs, and benchmarking purposes

    Join BlackLine experts to explore how the number of journal entries your organization books is directly correlated with the time it takes to close.

    Note: this
  • Driving Financial Sustainability Through Accounting Operational Strategies Recorded: Jun 22 2021 67 mins
    Susan Parcells, finance transformation leader, BlackLine
    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.
  • Building Resilience with BlackLine Recorded: Jun 22 2021 61 mins
    Nicola Hardy, Credit Control Manager, Essentra; Karen Cichosz, Senior Manager Cash Collection Management, Tarmac
    How resilient are your people, systems, and processes? Are your KPIs relevant for this new way of remote working? Do you want to understand how other organisations are building resilience in their credit management and accounts receivable functions in 2021?

    If so, Building Resilience with BlackLine is for you.

    Join our discussion to learn from BlackLine and other organisations, on what they have done to be successful and the plans they are making to ensure they and their department are ready for the next challenges, whether that be growth, recession, do more with less or achieve the next set of demanding goals.
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: Thriving in the Age of Change
  • Live at: Jun 22 2021 2:19 pm
  • Presented by: Michael Shultz Head of Digital Transformation
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