Simplify, standardize, and automate your financial close, directly in SAP. BlackLine Smart Close enables a streamlined and automated financial close. With purpose-built automation, finance and accounting teams can automate traditionally manual close activities, all from directly within their SAP ERP, to accelerate the close with increased visibility and control.
Vendor
BlackLine
Company Website
Overview
BlackLine Smart Close automates and streamlines financial close activities directly within SAP systems. This solution reduces manual tasks, accelerates the closing process, and enhances control by providing real-time visibility and alerts. It integrates seamlessly with SAP, enabling finance teams to automate job scheduling, task execution, and monitoring, thus improving accuracy and reducing the time spent on financial closures.
Features and Capabilities
- Automates over 400 manual SAP steps
- Reduces close time by up to 60%
- 70% of closing activities are automated
- Real-time tracking with traffic light indicators
- Purpose-built for seamless SAP integration
- Enhances productivity by freeing up staff for higher-value work
- User-friendly with self-service setup
- Improves accuracy through automated output verification
- Eliminates dependency on IT for process changes
- Facilitates standardization across multiple entities