SAP Runs BlackLine: Optimizing Accounting from End to End for Faster Financial Close in the Cloud
See how SAP is streamlining the management of massive transaction volumes in its corporate financial closing process with help from partner BlackLine, using SAP Account Substantiation and Automation by BlackLine. Download the DocumentPUBLIC
BlackLine Inc. is a leader in cloud software that enterprise and midsize
companies across industries rely on to help solve their most complex accounting
challenges. Since 2001, the company has helped more than 4,200 businesses
worldwide automate manual end-to-end accounting processes. That’s why
BlackLine has long been a partner of SAP SE, providing SAP customers with
software that complements and integrates with SAP solutions.
That’s also why SAP turned to BlackLine to streamline accounting activities for its
leased assets portfolio. Manual tasks challenged SAP’s corporate finance team
while completing high volumes of transactions. The team lacked real-time visibility
into open items, discrepancies, and more. SAP hoped that choosing a BlackLine
solution would introduce automation for greater accuracy and reduced risk.
SAP Runs BlackLine: Optimizing
Accounting from End to End for
Faster Financial Close in the Cloud
Picture Credit | Customer Name, City, State/Country. Used with permission.
BlackLine Inc. is a leader in cloud software that enterprise and midsize
companies across industries rely on to help solve their most complex accounting
challenges. Since 2001, the company has helped more than 4,200 businesses
worldwide automate manual end-to-end accounting processes. That’s why
BlackLine has long been a partner of SAP SE, providing SAP customers with
software that complements and integrates with SAP solutions.
That’s also why SAP turned to BlackLine to streamline accounting activities for its
leased assets portfolio. Manual tasks challenged SAP’s corporate finance team
while completing high volumes of transactions. The team lacked real-time visibility
into open items, discrepancies, and more. SAP hoped that choosing a BlackLine
solution would introduce automation for greater accuracy and reduced risk.
SAP Runs BlackLine: Optimizing
Accounting from End to End for
Faster Financial Close in the Cloud
Picture Credit | Customer Name, City, State/Country. Used with permission.
89914enUS (23/12) © 2023 SAP SE or an SAP affiliate company.
sap.com/terms-of-use
“We knew we could rely on BlackLine to improve our global end-to-end accounting process for our
leased assets portfolio. We’re using three of BlackLine’s application modules. They help with matching
tasks, automation of journal postings for various balances, and account reconciliations.”
Dana Stancikova, Project Lead, GFSS P2P CoE, SAP SE
Context: Optimizing Accounting Activities
Automate specific manual tasks with BlackLine software that integrates with the SAP S/4HANA Finance
solution
Address challenges across accounting related to the leased assets portfolio, with plans to expand to
additional use cases
How BlackLine Can Help Solve Complex Accounting Challenges
SAP Account Substantiation and Automation application by BlackLine, a software-as-a-service offering
that automates and streamlines some of the most labor-intensive accounting processes
Capabilities to address risks of and time spent on manual month-end processes, including transaction-
matching, reconciliations and balance-sheet substantiation, and journal-entry features
Integration with SAP S/4HANA Finance, the source for transactions, account balances, and exchange
rates
The Result: Expecting Increased Efficiency, Enhanced Visibility, and Reduced Risk
Increased efficiency by reducing manual tasks on high volumes of transactions to cut processing time
and free up resources
Enhanced visibility after gaining real-time insight into open items, discrepancies, and status based on
dashboards and reports
Reduced risk by enhancing controls with automated workflows and prepackaged segregation of duties
SAP Streamlines Accounting with SAP S/4HANA Finance and
SAP Account Substantiation and Automation by BlackLine
Transactions across
accounts
1.7 million
Contracts in need of
reconciliation
35,000
Featured Solution
SAP Account Substantiation
and Automation application
by BlackLine
Products and Services
Cloud accounting software
solutions
Industry
Professional services
BlackLine Inc.
Woodland Hills, California
www.blackline.com
sap.com/terms-of-use
“We knew we could rely on BlackLine to improve our global end-to-end accounting process for our
leased assets portfolio. We’re using three of BlackLine’s application modules. They help with matching
tasks, automation of journal postings for various balances, and account reconciliations.”
Dana Stancikova, Project Lead, GFSS P2P CoE, SAP SE
Context: Optimizing Accounting Activities
Automate specific manual tasks with BlackLine software that integrates with the SAP S/4HANA Finance
solution
Address challenges across accounting related to the leased assets portfolio, with plans to expand to
additional use cases
How BlackLine Can Help Solve Complex Accounting Challenges
SAP Account Substantiation and Automation application by BlackLine, a software-as-a-service offering
that automates and streamlines some of the most labor-intensive accounting processes
Capabilities to address risks of and time spent on manual month-end processes, including transaction-
matching, reconciliations and balance-sheet substantiation, and journal-entry features
Integration with SAP S/4HANA Finance, the source for transactions, account balances, and exchange
rates
The Result: Expecting Increased Efficiency, Enhanced Visibility, and Reduced Risk
Increased efficiency by reducing manual tasks on high volumes of transactions to cut processing time
and free up resources
Enhanced visibility after gaining real-time insight into open items, discrepancies, and status based on
dashboards and reports
Reduced risk by enhancing controls with automated workflows and prepackaged segregation of duties
SAP Streamlines Accounting with SAP S/4HANA Finance and
SAP Account Substantiation and Automation by BlackLine
Transactions across
accounts
1.7 million
Contracts in need of
reconciliation
35,000
Featured Solution
SAP Account Substantiation
and Automation application
by BlackLine
Products and Services
Cloud accounting software
solutions
Industry
Professional services
BlackLine Inc.
Woodland Hills, California
www.blackline.com