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Reconciliation and
Financial Close Management

Automate Bank Reconciliation, Close Faster!

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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.

ACCOUNTING

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

Multi-company Consolidation

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

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Transaction Matching

Exhibiting the capacity to match millions of transactions and quickly scouring over unmatched transactions to reduce risks of proceeding

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Task Management

Introduce consistent reporting standards and capture 360-degree visibility to obtain control and transparency

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Journal Entry

Achieve precise accuracy and easy accessibility in your period-end journal entry by centralising the documentation in the cloud

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Variance Analysis

Automated calculation accelerates the variance analysis process to ensure effective and timely execution of critical management review controls

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Compliance

Proactively pinpoint risks in a world of progressive laws and regulations by utilising real-time intelligence to ensure adherence to ordinances

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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 | Finance and IT Digital Transformation Consultancy

Shearwater Asia is a leading one-stop finance and IT digital transformation consultancy in Asia with over 14 years of experience implementing financial automation projects and other cloud solutions that help businesses automate workflows. We are the FY23 Solution Provider of the Year Award – Rising Star of Workday partners with one of the region’s biggest teams of cloud consultants. Shearwater Asia offers a suite of cloud solutions that entail a cloud Enterprise Resource Planning (ERP), Enterprise Performance Management (EPM), account reconciliation and the financial close process automation, inter-company financial consolidation, stack integration and workflow automation platform.

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