IFG Process is a partner of BlackLine, the first and most experienced provider of enterprise-class software designed to automate and control the entire financial close process.
BlackLine offers a Software-as-a-Service (SaaS) solution that replaces manual, labor-intensive processes in finance and accounting with an easy-to-implement, easy-to-use and easy-to-maintain application.
Companies that have deployed BlackLine have significantly improved the financial closure efficiency, visibility and control.
Solutions offered by BlackLine
Financial Close Management
The BlackLine Financial Close Management solution empowers end-users to gain full control over the financial close process by streamlining accounting workflows, and producing financial and regulatory reporting in a timely manner, while ensuring accuracy and simplified auditability.
Thorough, accurate reconciliations are one of the most important internal controls over financial statements and their underlying data. The BlackLine Reconciliation Management solution standardizes, automates, and streamlines all types of reconciliations including balance sheet, bank, credit card, and other operational reconciliations, as well as reconciliations between systems, regulatory standards, and numerous other areas.
In addition to numerous required controls that are embedded in the BlackLine Finance Controls and Automation Platform, the Controls Assurance solution empowers accounting teams to meet the challenges they face documenting and overseeing the testing of their internal controls environment. It allows easy mapping of controls to any compliance framework and utilizes automated workflows for the verification and testing of control activities.
The BlackLine Intercompany Hub is a clearinghouse of intercompany transactions that eliminates after-the-fact manual reconciliations and settlements. The Intercompany Hub centrally interfaces with all of a company’s core ERP systems and other systems, collecting and distributing intercompany transactional data on a centralized basis. This provides the means for a single process for reconciling, netting and settling intercompany transactions in real time.