BlackLine

Postponed is not canceled: AI in Finance & Accounting

In a study by BlackLine, 37% of managers and finance professionals surveyed in Germany stated that artificial intelligence (AI) improves automation and accuracy. A further 34% are convinced that AI optimizes the analysis of historical financial data and forecasting capabilities.

Gold standard for flexibility and security

Clean Core in conjunction with Cloud ERP is the new benchmark for a well-implemented architecture that combines the highest standards of security, flexibility and innovation in one approach.

Are AI and Digitalization Our Saviors?

They can make you think, the many changes
in business, technology, politics and society. And the more innovations there are, the greater the desire for orientation and clarity.

CFOs Look Ahead With Assured (Self-)confidence

Trust is a great asset that is more easily gambled away than won. This makes it all the more pleasing that German managers and financial professionals' confidence in their companies' financial figures has increased in recent years.

Confidence in SAP financial figures

In uncertain times, it is important to know who or what you can rely on. This makes it all the more pleasing that German managers and financial professionals have increased their confidence in their companies' financial figures in recent years.

Continuous Accounting and Automation

Automation in controlling as well as in finance and accounting (F&A) is one of the major topics of recent years, as automation is the basis for many additional and new possibilities for better structuring accounting.

Digital transformation in finance

Digitization is taking hold in all business areas and is being driven forward massively in most industries. There is a need to catch up in this respect in the financial organization, where too little has been invested in automation in recent years.

ERP transformation is not just IT upgrade

Processes such as supply chains, warehousing, operations, trading, reporting, manufacturing, human resources, and especially finance converge in the central ERP like nerve cords in a brain. Ergo, companies strive to maintain this core tool, keeping it up to date and transforming it to a new level when necessary.

Automation does not equal value creation

Valid financial figures and realistic forecasts are a top priority for companies. If you want to meet this demand, you have to establish end-to-end processes and ensure that everything meshes when it comes to automation.

Moving away from the patchwork to the holistic process

The consequences of patchy digitization and how BlackLine's holistic approach to automation is making a difference to corporate finance departments.

The Clever Principle

The pressure to which companies and their employees are exposed is enormous and will continue to increase. Anyone who ignores this situation and assumes that they will just have to work all the harder is wrong.

CFOs want more insights - the cloud makes it possible

Automation and modern processes create the necessary flexibility and agility in finance and accounting to support the business with valuable data. This is made possible by scalable cloud technology, which also facilitates hybrid working.

Countering the shortage of skilled workers

The shortage of skilled workers in Germany continues to worsen. The German Chamber of Industry and Commerce is not the only one to observe this with great concern, with its report already showing that more than half of companies are unable to fill vacancies.

M&A Booster: Modern Accounting

Why merging IT systems is so important in mergers and how a digital accounting process can help.

Standing up to the Great Resignation

In the USA, the economy is struggling with a new phenomenon: almost four million employees have quit their jobs. This is the highest number ever and 24 percent higher than before the pandemic. What does this mean for our market?

Doing is better than wanting

If you want to equip your company for the future, it's better to push ahead with digitization today than tomorrow. This applies in particular to accounting - traditionally a rather conservative area of the company that likes to stick to tried and tested processes.

Digital (D)jerk

For those who look ahead, the lasting change brought about by Covid-19 is a jolt. Those, on the other hand, who continue to implement digitization only hesitantly will feel even greater pressure.

Better prepared for S/4 Hana with Continuous Accounting

One of the most important tasks for quality assurance in finance is establishing consistent and reliable processes, especially when switching to new systems such as S/4 Hana.

Continuous accounting thanks to automation and AI

Why SAP and BlackLine complement each other perfectly and provide relief for the month-end closing process

SAP and BlackLine have been working closely together for a long time. Since last year, BlackLine's automation solutions have even been part of the exclusive group of SAP Solution Extensions and are now an integral part of SAP's product strategy for the record-to-report process. For customers, this partnership not only means more transparency and planning security, but above all an attractive range of forward-looking solutions for automated financial closing.

Driving on sight instead of navigating in the fog

Automation solutions provide transparency and create the basis for a modern financial statement. How real-time data and analytics are revolutionizing finance.

The time is ripe for the spreadsheet exit

To be successful in the battle for new employees and charismatic managers, you have to come up with a lot: Recruiting events on the golf course, job speed dating and a positive work-life balance are often no longer enough.

Digitization in finance - from hype to reality

The investment hurdles for new technologies are lower than ever. Modern finance and accounting solutions can be introduced quickly and used easily - the perfect time for CFOs to make trend-setting decisions.

Finance & Accounting 4.0

The transformation driven by digitization is not only producing new job profiles, but is also changing the profile of established professions - including employees in F&A (Finance & Accounting) departments.

Agility and the new role of the CFO

In complex companies, CFOs need more technology to make decisions effectively, in addition to a functioning strategy. This gives CFOs a more active role in shaping strategy and corporate governance.

Automated financial closure - Everything in safety

The customer convention of SAP partner BlackLine is called: In the Black. This says it all when the CFO's closing is done on time, without overtime and with consistent data. Manual reconciliation via Excel is definitely a thing of the past in the age of digital transformation.
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