It’s challenging to efficiently close the books during a normal month. But the current environment is multiplying those challenges: a distributed remote workforce, strained technology resources, and concerns about personal and financial well-being are looming large in everyone’s minds.

Fortunately, there are ways to overcome some of these hurdles. And while the transition to a virtual professional world isn’t easy, it is possible to streamline what might feel like chaos into a strategic working model that delivers a competitive advantage.

Thriving in an era of disruption

To thrive in the midst of heightened uncertainty, risk, and accelerating change, organisations must move toward what we at BlackLine call Modern Accounting. This begins with adapting to changing circumstances through better collaboration, visibility, and control.

Doing this successfully all comes down to implementing the right technology. Using automation platforms and cloud-based software, businesses can reduce the strain their teams are facing by reducing manual processes, automating key deliverables, simplifying administrative tasks and enabling teams to seamlessly access systems remotely.

All of this frees up valuable resources, allowing finance and accounting (F&A) teams to spend less time on routine, manual tasks and more time providing analysis and insights that can help the business thrive.

Moving to Modern Accounting with BlackLine

BlackLine’s cloud-based software and market-leading customer service help companies move to Modern Accounting by unifying their data and processes, automating repetitive work, and driving accountability through visibility.

We provide solutions for financial close management, accounting and accounts receivable automation, and intercompany governance, helping large enterprises and midsize companies across all industries do accounting work better, faster, and with more control.

More than 3,000 customers trust BlackLine to help them close faster with complete and accurate results. The company is the pioneer and recognised Leader in Gartner’s 2019 Magic Quadrant for Cloud Financial Close Solutions. Based in Los Angeles, BlackLine also has regional headquarters in London, Singapore and Sydney.

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