BlackLine – Run Virtual. Run Leaner. Run Faster.
BlackLine offers a multitude of tightly integrated cloud-based applications (or solutions) and packaged solutions. Moreover, they automate and accelerate the financial close and other key accounting and financial processes. Top companies across all segments – not only small and medium, but also large scale operations, are now integrating financial controls and automated solutions. This is part of their efforts to transform traditional, manual & tedious accounting operations into world-class ‘Financial and Accounting Function/Department’. Therefore, the result is greater efficiencies and reduced risks. Furthermore, BlackLine ecosystem is designed in such a way that it provides easy, simple, and secured connectivity with many ERP systems. As a result, the ease of integration allows users to send data from their ERP to BlackLine as well as from BlackLine to their ERP.
BlackLine is a trusted solution provider for more than 3000 clients in 150+ countries. In fact, more than 260,000 accountants, auditors, controllers, managers, and CFOs rely on BlackLine to carry out their important processes in real-time.
At Forpoint Solutions we work with our customers to find the best solution for their Financial Close Management and Accounts Receivable Automation processes. BlackLine in particular save time and money across the business and above all, maximise company resources.
Close Process Management
Standardising and embedding controls in reconciliation and period-end close processes, eliminates labor-intensive, non-value adding activities. As a result it streamlines decentralised and disjointed workflows that lengthen cycle times. Furthermore it minimises the risk of control failure and threat to the integrity of financial statements. Thus, BlackLine becomes your central command center for executing and tracking all accounting and finance tasks. In addition, it delivers transparent, reliable information across the organisation. Therefore, because Close Process Management is cloud-based, the solution is designed to integrate with your current and future ERP and technology investments as you grow.
When customer payments and electronic remittances are received, BlackLine Cash Application uses AI to accurately apply payments to customer invoices in your ERP. As a result, over time, machine learning enables continuous optimisation by predicting future matches. Therefore it significantly reduces the time it takes to apply cash to open invoices.