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KPMG and BlackLine form alliance

Monday 20th November, 2017

KPMG and BlackLine announce an alliance to empower finance and accounting (F&A) teams to deliver real-time financial intelligence to executives and add strategic value to the enterprise.

The combination of BlackLine’s cloud platform for automation and analytics with KPMG’s finance process enablement and automation vision will provide clients with financial solutions that can be implemented into their business processes to help improve staff efficiencies, shift focus from transactional to analytical, and align finance strategies.

Ralph Canter, KPMG’s Managing Director of Advisory, said, “With intensifying global business model disruption, a rapidly changing regulatory landscape, the growing complexity of financial processes, and increased demand for clear and actionable financial reporting, F&A must respond with using technology as a basis to move forward the finance of the future.”

Canter adds that as digital transformation becomes a heightened priority, KPMG and BlackLine can support an automation of finance roadmap that will ultimately achieve a move of finance professionals out of transaction processing and into more valuable operational and strategic decision support.

Therese Tucker, CEO of BlackLine said, "We’ve completed many successful projects with KPMG over the years where their in-depth knowledge and hands-on advisory services have helped us meet the requirements of global customers".

"KPMG has been a terrific partner in that they have been very vocal about the potential they see for BlackLine, as well as the direction they think we should take to get there. They see the broader vision of what BlackLine can do to transform Finance & Accounting organisations."