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.