BlackLine Financial Close Automation Solution
Modern accounting begins with BlackLine. Our Modern Accounting Playbook provides leading practices and end-to-end functionality that automates and streamlines manual, spreadsheet-driven accounting processes that are performed outside of NetSuite. By implementing BlackLine’s centralized, automated system, companies gain critical, real-time visibility into their financial close while optimizing workflows, saving time, and enhancing accuracy.
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Overview
Overview
Modern accounting begins with BlackLine.
Our Modern Accounting Playbook provides leading practices and end-to-end functionality that automates and streamlines manual, spreadsheet-driven accounting processes that are performed outside of NetSuite. By implementing BlackLine’s centralized, automated system, companies gain critical, real-time visibility into their financial close while optimizing workflows, saving time, and enhancing accuracy.
Key Benefits
Gain Real-Time Visibility: Access reconciliations, workflows, and close-task data in real time. Display NetSuite details securely in BlackLine to provide visibility into key financial processes, such as GL to bank statement reconciliations.
Dramatically Increase Efficiency: Automatically reconcile thousands of transactions directly in BlackLine and free up Accounting’s time for value-added analysis and strategic projects.
Strengthen Controls: Reduce the risk of traditional, manual accounting and automatically embed controls into your accounting and financial close processes.
Reduce Business Complexity: Apply leading practices to build a scalable close that is unified, automated, and continuous. BlackLine solves for your challenges today, and tomorrow.
Free Up IT Resources: Enable IT teams to work on truly critical projects instead of rote tasks, such as writing queries and importing and formatting data.
Customer Quote
“The BlackLine system can analyze multiple invoices to one payment, account for variances due to bank fees or foreign exchange impact, and anticipate independent payee assignments. And that’s just a small example of the power of its rules.”- Patrick Loughnane
Integrating BlackLine & NetSuite
The BlackLine Connector for NetSuite automatically formats and securely imports all NetSuite data into BlackLine, enabling true data compatibility and more accurate and efficient reconciliations. NetSuite general ledger data is automatically updated in BlackLine on a schedule of your choosing. Reconciliations are also automatically decertified if they fall out of balance.
Additionally, the BlackLine Connector for NetSuite requires minimal IT resources—extract, format, and import data automatically.
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BlackLine Financial Close Automation Solution
