May 9, 2013 /PRNewswire/ --
Coles is teaming up with financial software provider
BlackLine Systems and enterprise application software leader
SAP AG (NYSE: SAP) to deliver a presentation entitled
"The Road to Reconciliation: See How Coles Closes with Confidence and Achieves Balance Sheet Integrity with Solutions from BlackLine and SAP" at the
Mastering SAP Financials conference next week in
A senior finance manager from
Coles will present a case study on the ease of integration with SAP® solutions and key benefits and ROI the company has realised since using BlackLine alongside SAP ERP Financials. The session is designed to inform customers, whether operating in an environment of only SAP solutions or applications from multiple vendors, how account reconciliation process optimisation can help them achieve a quicker and more accurate financial close process. The session will demonstrate the importance of the account reconciliation process as a critical step on the path to "closing with confidence."
- Ann Furlong, solutions consultant, BlackLine Systems
- Lorelie Oswald, managing principal, Financials, SAP Australia
- Stephen Creasey, manager, Financial Reporting, Coles
Attendees will learn how, by automating their account reconciliations, they can:
- Virtually eliminate spreadsheets (and the manual errors that often come with them) from their account reconciliation process
- Automate traditionally manual accounting functions
- Have a faster, more efficient close cycle - maintaining control and visibility, while reducing risk
- Realize exceptional ROI in a very short timeframe
- Improve the accuracy and timeliness of compliance reporting
- Manage compliance while servicing multiple locations
BlackLine is an SAP software solution and technology partner in the
program. The company is also
a participant in SAP Store, the online e-commerce channel or "e-channel" for enterprise solutions and services from SAP and its partners, and the SAP EcoHub solution marketplace, SAP's online destination designed to provide SAP customers with information on relevant, complementary technology solutions that are certified by SAP (such as the BlackLine solution).
BlackLine was named a 2011
SAP Pinnacle award
in the "
Software Solution Newcomer of the Year" category
SAP Pinnacle awards are presented annually to the "best and brightest" of the SAP partner ecosystem, recognizing partners that have excelled in developing and growing their partnership with SAP and driving customer success.
BlackLine and SAP will be presenting together again on similar topics at the upcoming Financials 2013 -
About BlackLine Systems
BlackLine Systems was the first to develop and offer a commercially available Balance Sheet Account Reconciliation solution. An experienced provider of software to companies from the Fortune 100 to beyond the Fortune 1,000, BlackLine provides quick-to-implement, scalable and easy-to-use applications that automate the entire financial close process to help improve financial controls for companies of all sizes. BlackLine software applications complement existing Enterprise Performance Management (EPM), Governance Risk and Compliance (GRC) and Enterprise Resource Planning (ERP) systems.