The BlackLine platform provides a highly configurable system of integrated applications that address every component of the financial close process and can be used to automate numerous other accounting and finance processes. These include, Account Reconciliations, Transaction Matching, Task Management, Variance Analysis, Consolidation Integrity Management and Intercompany Hub. The platform can be accessed anytime, anywhere via BlackLine's Software-as-a-Service (SaaS) secure cloud delivery model.
Organisations that leverage the BlackLine solution suite can benefit from: increased productivity, optimised workflows, reduction in time to close and enhanced accuracy. Eclipse has been a BlackLine Gold Partner since 2014.
The BlackLine Financial Close Management solution empowers users to gain full control over the financial close process by streamlining accounting workflows and producing financial and regulatory reporting in a timely manner, while ensuring accuracy and compliance auditability.
The BlackLine Reconciliation Management solution standardises, automates and streamlines all types of reconciliations, including, balance sheet, bank, credit card and other operational reconciliations, as well as reconciliations between systems, regulatory standards and numerous other areas.
The BlackLine Intercompany Hub is a clearinghouse for intercompany transactions that eliminates after-the-fact manual reconciliations and settlements. Intercompany Hub centrally interfaces with all of a company’s core ERP systems and other systems, collecting and distributing intercompany transactional data on a centralised basis.
The BlackLine Controls Assurance solution empowers accounting teams to meet the challenges they face documenting and overseeing the testing of their internal controls environment. Controls Assurance allows easy mapping of controls to this or any compliance framework and utilises automated workflows for the verification and testing of control activities.
“Saved 2-5 days a month automating the reconciliation process and 1 week saved in audit. No file searching, no travelling, everything accessible in the online tool.”
Nina Eckerle, Director of Corporate Finance at Kempinski