by Michael Gilmartin and Stephen Wolfman
In many finance departments, open items can pile up in the system, slowing down operations with an overabundance of unmatched transactions. These open items need to be matched and cleared as quickly as possible, but for large organizations, that can be a time-consuming and inefficient task. During a recent SAPinsider Live Q&A, this issue was tackled by BlackLine’s Michael Gilmartin, Director of Solutions Consulting, and Stephen Wolfman, Director of Product Management. These experts fielded attendees’ questions on open-item management, automation for open-item clearing, and solutions for simplifying that process. Below is an abridged transcript of the conversation. The full transcript is available on SAPinsider Online at bit.ly/ClearingOpenItems.
by Susan Parcells and Michael Gilmartin
A big area of concern for SAP customers in finance — where questions commonly arise — centers on managing financial and accounting processes in SAP ERP systems. Automating a company’s account reconciliation, closing, and other financial processes can greatly simplify tasks and save employees valuable time and energy. During a recent SAPinsider Online Q&A, BlackLine’s Director of Finance Transformation Susan Parcells, and Michael Gilmartin, Director of Solutions Consulting, at BlackLine, answered questions and provided tips and best practices on automating and streamlining financial processes.
The following is an abridged version of some of the questions fielded. The full transcript is available at SAPinsider Online at bit.ly/StreamlineWithBlackLine.
by Bryan Plug
With an economy on the upswing and companies in growth mode, finance is becoming an engine to drive that growth by unlocking capital to fund key business initiatives. To reflect the changing role of the Office of the CFO, finance teams are recalibrating their processes and setting new goals to accelerate the cash-to-cash cycle and optimize business performance. Examine best practices and case studies in leveraging business technology for growth.