By Mario Spanicciati, Chief Strategy Officer at leading finance controls and automation software provider BlackLine
We’re proud to say that we’re now working with Wipro, the global information technology, consulting and business process services company. Wipro will offer our platform of financial software solutions, encompassing Financial Close Management, Intercompany Hub, Reconciliation Management and Controls Assurance delivered as a cloud-based service, to its customers..
We will partner in projects and initiatives with the ultimate goal of delivering value to Wipro’s clients and supporting them globally. The combination of Wipro’s practical consulting expertise and global reach with our leading solutions for automated finance controls and automation will open the doors for the next generation of finance delivery models for Shared Service Centres or retained organisations.
The BlackLine Finance Controls & Automation Platform will assist organisations to remain competitive, reduce risk and transform their existing finance and accounting departments into ‘Modern Finance’ organisations, by automating key processes and reducing manual efforts. These solutions will not only bring efficiency and cost reduction to the finance function of the organisations, but will also help the CFOs to achieve sustained benefits through risk reduction and automation of enforced controls. Complete audit trail, automated task management, automatic matching and automatic certification functions will also improve compliance to internal controls and policies, including SOX compliance.
Venkataraman Mahadevan, Global Business Head, Corporate Business Services, Wipro Business Process Services, Wipro Ltd said, “Wipro and BlackLine partnership presents a unique synergy that will allow clients to leverage the strengths of BlackLine’s technology coupled with Wipro’s experience and capability in Consulting & Business Process Services to truly transform the finance function of their organisations.”
Wipro Consulting Services (WCS) is a key differentiator for Wipro Limited. WCS consults and leads organisational and business process transformation to improve performance, increase effectiveness, reduce costs and improve resilience. It introduces leading-edge practices and offers business advisory, business and functional transformation, IT consulting, risk and compliance services to many of the world’s leading organisations, governments and institutions.
BlackLine is the leader in Enhanced Finance Controls and Automation (EFCA) software and the only provider that offers a unified cloud platform supporting the entire close-to-disclose process. The BlackLine Finance Controls and Automation Platform is designed to help midsize companies and large enterprises strengthen controls, lower compliance risks and gain greater efficiencies and visibility. Delivered through a scalable and highly secure cloud model and built from a single code base, the platform supports many key accounting and financial processes including the financial close, account reconciliations, intercompany accounting and controls assurance, fueling confidence throughout the entire accounting cycle.
More than 100,000 users across 1,200 companies in over 100 countries currently leverage BlackLine to increase accountant productivity and elevate controls and compliance functions to ‘Modern Finance’ status, with customers comprising more than 25 of the Fortune 100 and over 100 of the Fortune 500.
BlackLine complements existing enterprise systems for Corporate Performance Management, Governance Risk and Compliance and Enterprise Resource Planning. The BlackLine Financial Close Suite for SAP® Solutions is an SAP-endorsed business solution, joining the ranks of fewer than 40 other software offerings. BlackLine also is an SAP Gold Partner, Oracle Gold Partner, and participates in the partner programs of NetSuite and several other ERP providers.
BlackLine global headquarters are in Los Angeles, with offices in Atlanta, Chicago, London, Melbourne, New York City, Paris, Sydney and Vancouver. For more information, please visit www.blackline.com.