Wednesday May 10th, 2017
Deloitte has announced a strategic alliance with BlackLine. The alliance will enhance Deloitte’s Digital Controllership™ offering, which helps organisations govern and automate financial accounting processes.
The alliance brings together Deloitte’s advanced finance automation solutions with BlackLine’s Finance Controls & Automation and Intercompany solutions. The basis for the strategic alliance is helping corporate controllers and finance organisations reduce inefficiencies and errors. It also furthers efficient management of compliance programs and provides insights that positively impact business performance and strategy.
According to a 2016 Deloitte poll, just 9.2 percent of respondents say their organisations have holistic, efficient, and well-communicated intercompany accounting frameworks. With an automated finance platform and processes that allow consistent and visible intercompany transactions, organisations can realise greater efficiencies, mitigate risks, and leverage data previously unattainable to improve strategic and financial performance.
“Our strategic alliance with Deloitte is highly valued and complementary. Together, we will continue to help our clients automate and accelerate complex financial close processes–increasing operational efficiencies, while streamlining compliance and improving governance,” said Therese Tucker, CEO and founder, BlackLine.
“We are also enabling finance organisations to become strategic advisors to the business by freeing accountants from manual, repetitive tasks and unleashing them to handle higher-level, value-added activities.”