Missing Link

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 balance sheet closing.

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 an add-on for their FI/CO system - but accounting is usually not error-free and correct from the start.

BlackLine is the missing link between an ideal financial world, where there are no false postings and incorrect account allocations, and the real world: But with BlackLine, the cleanup is not done just before the balance sheet date with a lot of hustle, stress and overtime, but continuously during the financial period.

Reconciling accounts and eliminating erroneous entries, etc., becomes Continuous Accounting.

Whoever continuously looks after proper "bookkeeping" knows no escalation at the end (see photo gallery). With BlackLine, the problem is not yet eliminated, but the problem solution in the financial area is already much easier - so the conference title also fit perfectly: In The Black. Nothing is in the red any more and the CFO can be sure of what he is doing.

BlackLine is an SAP partner and compatible with most currently installed financial systems. In addition, BlackLine can also work with Oracle and is open to almost any data source.

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