Thursday 18th June, 2020
Capgemini and BlackLine have announced entered into a global strategic alliance. This collaboration is focused on enabling finance and accounting (F&A) teams to reduce business-process costs while optimising process effectiveness and efficiencies.
As a result of this collaboration, Capgemini will offer further flexibility to its clients, helping them to move away from traditional manual accounting processes to a modern accounting experience powered by end-to-end solutions that combine process transformation enriched with the implementation of BlackLine solutions.
Capgemini and BlackLine are already collaborating at a US-based Capgemini client in the chemical industry, where Capgemini is helping the organisation to enhance its usage of BlackLine’s account reconciliation, task management, journal entry and Smart Close solutions.
Lee Beardmore, Vice President and Chief Innovation Officer for Business Services at Capgemini, said, “This collaboration will play a critical role in the expansion of our finance and accounting capabilities. It is a positive step that enhances Capgemini’s best-in-class Digital Global Enterprise Model, and our Record to Analyse capabilities. It reinforces our customer-centric approach by driving improved outcomes for today’s rapidly changing business environment.”
BlackLine’s cloud-based solutions transform F&A by automating, centralising, and streamlining financial close operations, intercompany accounting processes, and other key processes helping large and midsise organisations across the globe modernise their F&A operations.
“We continue to grow our global community with alliance partners that are world leaders in digital finance transformation,” said Marc Huffman, BlackLine President and Chief Operating Officer. “As a world leader in digital transformation and technology services with presence in approximately 50 countries and an extremely strong presence in Europe, Capgemini is at the forefront of innovation and well-positioned to address the entire breadth of client opportunities. Together we will enable organisations to move away from traditional manual accounting processes to a modern accounting experience that is unified and automated, providing continuous execution that supports the business in real time.”