SAP-Solution: Continuous Accounting

In recent years, automation in controlling as well as in finance and accounting (F&A) has become a major topic, especially since automation lays the foundation for many new additional possibilities to better structure accounting.

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.

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.

Why SAP and BlackLine complement each other perfectly and provide relief in 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 have become an integral part of SAP's product strategy for the record-to-report process. For customers, this partnership means not...

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

SAP's Price and Conditions List (PKL) is expanded to include the BlackLine item. SAP sells the cloud-based finance and accounting solutions as solution extensions.

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

A few years ago, core competence was a popular term. Then, imperceptibly, the paradigm shift began. More and more often, every IT provider could do everything. Differentiation appears impossible for the user. There is a lack of orientation and credibility.

In the E-3 exclusive interview, Ulrich Müller from BlackLine shows how Continuous Accounting enables accounting to better reflect the current dynamics of general business development. The approach embeds automation and control directly into daily work.

In the E-3 exclusive interview, Ulrich Müller from BlackLine shows how Continuous Accounting enables accounting to better reflect the current dynamics of general business development. The approach embeds automation and control directly into daily work.

Everything is in the black - in the safe - if the BlackLine system ensures correctness and traceability between the SAP financial system (R/3 to S/4) and the financial statements. At the BlackLine conference in London at the beginning of June this year, it became clear that, in a perfect world, theoretically no existing SAP customer would need a supplement for their FI/CO system - but accounting is...

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. a