Reconciliation and Financial Close Management
Automate Bank Reconciliation, Close Faster!
Reconciliation and financial close management are important processes in the finance and accounting department. These processes ensure companies close accurately and on time. Manually managing financial close management using spreadsheets results in human errors and data duplication that can sometimes lead to costly fines due to misreporting. BlackLine’s reconciliation and financial close management feature enables businesses to accelerate their closing process with reduced risk. This also helps finance executives spend more time on analysis and crafting plans on growing the business.
Benefits of BlackLine Cloud Accounting
and Finance Software
Accomplish precise financial close in a significantly quicker time frame
A standardised and streamlined month-end close process to avoid bottlenecks
Build a single source of truth with relevant data across the organisation
360-degree, real-time view of the accounting and financial progress
Reduce errors, avoid data duplication and increase efficiency through automation
Management of multi-company and its subsidiaries on one central platform
Accelerate cash collection and optimise working capital
Orchestrate workflows with automated ERP systems
Features of BlackLine Cloud Accounting and Finance Software
How BlackLine delivers a purpose-built solution built from leading best-practices to get your business up and running and close essentials quickly
Account Reconciliation
Manage challenging and intricate account reconciliation processes for parent companies with subsidiaries operating on multiple solutions
Transaction Matching
Exhibiting the capacity to match millions of transactions and quickly scouring over unmatched transactions to reduce risks of proceeding
Task Management
Introduce consistent reporting standards and capture 360-degree visibility to obtain control and transparency
Journal Entry
Achieve precise accuracy and easy accessibility in your period-end journal entry by centralising the documentation in the cloud
Variance Analysis
Automated calculation accelerates the variance analysis process to ensure effective and timely execution of critical management review controls
Compliance
Proactively pinpoint risks in a world of progressive laws and regulations by utilising real-time intelligence to ensure adherence to ordinances
Why Choose
Shearwater Asia
Shearwater Asia is your trusted consulting partner for implementing cloud technologies in your Asian business. Our multilingual team (Japanese, Chinese, English, Korean, and French) offers top-notch customer support to resolve any issues and provide actionable solutions promptly.
Our experienced consultants have a proven track record of over 200 successful financial planning and analysis implementations, providing tailored solutions to meet clients’ specific needs and objectives.
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Shearwater Asia is a leading one-stop finance and IT digital transformation consultancy in Asia with over 14 years of experience.
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