Finance Indaba 2016: Modernise your accounting processes with BlackLine
"BlackLine’s Finance Controls and Automation platform delivers a fresh approach that increases the quality, accuracy, and efficiency of the financial close and other period-end activity is what BlackLine calls ‘Continuous Accounting’," says Mario Spanicciati, chief strategy officer of BlackLine, a silver partner at the Finance Indaba Africa 2016 on 13 and 14 October 2016 at the Sandton Convention Centre in Johannesburg.
In the coming weeks and months, we will be chatting to all the Indaba partners, asking them why they are joining the event and what their most important message for finance professionals is.
Do you want to hear how BlackLine can revolutionise your accounting processes? Do you want to be informed about the latest and greatest in finance? Then don't miss the Finance Indaba Africa 2016.
Why will you be present at the Finance Indaba?
"As the biggest annual expo and conference for finance professionals in Africa, the BlackLine team is keen to meet with industry professionals and discuss regional specific-challenges."
What will you be talking about?
"Josh May, Senior Solutions Consultant & Product Manager, will present BlackLine's Continuous Accounting story. Continuous Accounting embeds automation, controls, and period-end tasks within day-to-day activities, allowing the rigid accounting calendar to more closely mirror the broader business. May will be drawing on experience of how BlackLine has worked with Camelot, the operators of the UK National Lottery, to drive dramatic improvements to their record-to-report and financial close process. In addition, May will explain why Camelot chose a cloud solution that has delivered clear visibility and access to key financial data, improved auditability and enabled efficiency gains across their close processes."
What are the challenges you can help finance professionals/firms with in 2016?
"Finance and accounting leaders are expected to deliver accurate and real-time analyse of their organisation's financial performance to deliver business value. Yet many still wrestle with decades-old accounting processes that can only provide a view into the past where the organisation was, not where it is now."
BlackLine is the only unified technology solution created specifically for finance and accounting. Please tell us more.
"The traditional model of record-to-report only focuses on collecting, reviewing, and verifying an entire period's data after the period ends. BlackLine's Finance Controls and Automation platform delivers a fresh approach that increases the quality, accuracy, and efficiency of the financial close and other period-end activity is what BlackLine calls 'Continuous Accounting'."
What are the challenges of dealing with businesses of different sizes across a large number of sectors?
"Irrespective of size or sector, finance departments are under pressure from compliance, regulatory and legacy technology systems, meaning their talents are tied up in the manual elements of financial close. That said, each business has individual needs, and quickly understanding the pain points, challenges and wider dynamics of the business is important when dealing with businesses of various sizes, across a range of sectors."