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Improve accuracy, reduce labor and meet compliance requirements through cloud-based Financial Close Management Suite from BLACKLINE
Blackline eliminates manual processes and increase productivity, giving accounting teams more time to focus on analysis and documentation for the period-end activities.
Business Solution Partner is a Gold Implementation Partner for Blackline with offices in New York, New Jersey, Connecticut, Washington, DC and California. We assist clients in automating and controlling their account reconciliation and financial close processes.
We offer a local, personalized approach to all our Blackline implementations offering a long-term commitment you’re looking for in a business partner. Our services include:
Increased staff productivity
Reduced paper, printing, storage overhead, auditor fees
Reduce Audit Overages
Improved process management
BlackLine Intercompany Hub is a clearinghouse for intercompany transactions that eliminates after-the-fact manual reconciliations and settlements. The Intercompany Hub centrally interfaces with all of a company’s core ERP systems and other systems, collecting and distributing intercompany transactional data on a centralized basis
Reduces manual labor and allows accountants to focus on value-added activities and analytics through auto-certification of low risk, rules-driven reconciliations.
Reconciliation templates help companies standardize the reconciliation process across all business units, improving the quality of reconciliations and the efficiency of reviews and audits.
On-line document repository stores and protects all attachments associated with the reconciliation process.
Built-in workflow ensures accounts are assigned, prepared, and reviewed by the right people at the right time.
Comprehensive dashboards and reporting give real-time visibility into status, progress, exceptions, and risk points.
Gain visibility into operational processes with comprehensive task management, dashboards and reporting
Configurable Task Dependencies guarantee correct sequence and roll-up of related activities
High level of configurability allows the creation and co-existence of many different types of task lists
Real-time notifications alert users to pending tasks and keep the process moving
Global time zones are supported with flexible due dates, calendars and holidays, eliminating the difficulties caused by geographic differences
Analyze variances before generating financial statements
Flexible, real-time visibility into balance figures
Links to underlying reconciliations simplifies research process
15+ different types of period comparisonse
Cover all types of accounts across B/S and P&L
Auto-calculate Foreign Exchange differentials
Allows greater accuracy in financial statements by eliminating manual tie-out processes.
Configurable relationships between source systems
Full audit trail and records
Clear identification of out of balance accounts.
Email notifications of balance changes.
Underlying reconciliations assist in researching discrepancies
Automatically import, parse, and manipulate data from any readable source, in any format, on any schedule
Match any type of data with flexible, rules-driven “match sets.”
Match one-to-one, one-to-many and many-to-many pairings
Handle high volumes of transactions quickly and easily, matching up to 1 million transactions per minute
Configurable tolerance thresholds may be expressed numerically or as percentages