THE POWER OF BLACKLINE’S FINANCE CONTROLS &

THE POWER OFBLACKLINE’SFINANCE CONTROLS& AUTOMATIONPLATFORMAn Executive Technology BriefMODERN FINANCE STARTS NOW

BlackLine is the world’s most trusted technology for modernizingfinance and accounting. Organizations across the globe rely on thepowerful Finance Controls and Automation Platform to automatekey processes and contribute to organizational performance.1,000 CLIENTS100,000 USERS100 GLOBAL REACH TO COUNTRIES1 POWERFUL CLOUD-BASED PLATFORM

PROCESSMANAGEPERFORMIn order to accelerate finance transformation, BlackLine has workedclosely with customers to identify the most complex tasks in finance andaccounting to make them much more strategic and fully automated toprocess, manage and perform.The result is BlackLine Finance Controls and Automation Platform deliveringpowerful cloud-based technology and real-time automation to fulfill the wayfinance works. BlackLine’s vision for transforming the finance and accountingfunction truly modernizes redundant processes, achieves complete financeautomation, and empowers true productivity.BlackLine moves beyond redundant, outdated accounting processes andpoint solutions that do not address today’s needs to deliver a platformthat is already serving 1,000 worldwide clients to work smarter and muchmore efficient. With the unified platform of BlackLine products, financedepartments can now run their mission-critical processes in real-time— including financial close, account reconciliations, planning, analysis,intercompany clearinghouse, risk and compliance — on a truly reliableand secure cloud. BlackLine is most trusted by accounting and financedepartments with end-to-end functionality that automates and streamlinesmanual, spreadsheet-driven accounting and finance processes and addsunprecedented control, visibility, and efficiency.

FINANCE CONTROLS AND AUTOMATION PLATFORMThe BlackLine Finance Controls& Automation PlatformBlackLine Financial Close ManagementMost companies are challenged to meet tight deadlines to close the bookswith minimal resources. Due to the current regulatory environment thesedeadlines are coupled with the need for stringent controls and a high degreeof accuracy. The BlackLine Financial Close Solution specifically addressesthese challenges and needs. It provides controls around the accuracy of thenumbers; segregation of duties; timeliness in performing close activities;appropriate levels of review; and an online document repository to storeand protect supporting documentation—all in one integrated solution.Key products that manage the end-to-end financial close process includeAccount Reconciliations, Task Management, Transaction Matching, JournalEntry, Variance Analysis and Consolidation Integrity Manager.BlackLine Reconciliation ManagementAccountants and controllers are under pressure to ensure balance sheetreconciliations are thorough, accurate and reliable for all accounts andprepared/reviewed in a timely manner in compliance with the accountingprinciples. Currently a paper and spreadsheet intensive manual process atmost companies, BlackLine Reconciliation Management Solution automatesthis process to make preparing and reviewing balance sheet reconciliationseasy. Key products in the suite that manage the reconciliation processinclude: Account Reconciliations and Transaction Matching.4

MODERN FINANCE STARTS NOWBlackLine Controls AssurancePublicly traded companies are required to institute internal controls andprocedures around financial reporting and information technology tocomply with Sarbanes-Oxley Act. The challenge they face is the cost andtime associated with documenting and testing their regulatory and financialcontrols. The Controls Assurance solution from BlackLine enables companiesto manage their regulatory compliance initiatives. For example, it offersCOSO 2013 checklists, Auditor tasks, best practices guidelines, a dashboardshowing control tests that failed/passed and a task list for remediating theissues in order to help companies ensure compliance with Sarbanes-Oxley.Key products in the suite that address controls assurance requirementsinclude: Account Reconciliations, Task Management and Variance Analysis.BlackLine Intercompany HubWhen transactions occur between two related legal entities, the resultingbalances from these transactions must be eliminated or appropriatelyadjusted during the preparation of the organization’s consolidated financialstatements. These transactions are often cross-border and managed bydifferent accounting systems that eventually interface with the consolidatedgeneral ledger. Country specific statutory requirements, exchange rates,timing of entries and high-value of re-bills and corrections can causeimbalances that require research to resolve, consuming valuable timeand resources. BlackLine addresses these issues by providing large multinationals a clearinghouse solution for their intercompany transactions.5

FINANCE CONTROLS AND AUTOMATION PLATFORMThe BlackLineTechnology PlatformAt the core of BlackLine is its technical cloudbased platform that provides key capabilitiesused in all products such as security, workflow,business rules, data management, documentmanagement, analytics and integration with anyERP and finance system.All BlackLine products are built on top of a single cloud-based platform,allowing users to seamlessly import and share data/exceptions, as well asprovide consistent access control and workflow among various products.This tight integration between all products provides flexibility to start witha product that addresses an immediate need and expands the usage toother products, knowing everything will fit well together.BlackLine’s Fully Integrated, Highly-Secure Cloud TechnologyNo software or hardware to purchase, install or maintainEliminate infrastructure investmentRapid deploymentSeamless integrationPainless upgradesNo software support feesAnytime, anywhere accessLowest total cost of ownership6

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More informationBlackLine.comUS: 1.877.777.7750EMEA: 44 (0) 203.318.5941Sales@BlackLine.com 2014 BlackLine Systems Inc. All Rights Reserved.

At the core of BlackLine is its technical cloud- based platform that provides key capabilities used in all products such as security, workflow, business rules, data management, document management, analytics and integration with any ERP and finance system. All BlackLine pr