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BlackLine Systems Presents Webcast Moderated by Nucleus Research on Achieving ROI by Automating the Account Reconciliation Process

Posted on: Tuesday, 10 February 2009, 07:00 CST

Financial software provider offers CFOs guidance on improving their

Account reconciliation, financial close processes

CALABASAS, Calif., Feb. 10 /PRNewswire/ -- Financial software provider BlackLine Systems will present a webcast offering CFOs and other accounting department staff guidance on how they can reduce the cost to complete account reconciliations while maintaining control and visibility over the process. Nucleus Research, a global provider of investigative technology research and advisory services, will share its analysis of BlackLine customers as part of the webcast. Nucleus Research Vice President Rebecca Wettemann will moderate the webcast scheduled for Tuesday, Feb. 10, 2009, at 2 p.m. ET.

(Logo: http://www.newscom.com/cgi-bin/prnh/20061117/LAF027LOGO)

"Based on case study evidence from Nucleus Research, this webcast will share strategies and best practices to illustrate how companies can achieve ROI by automating the account reconciliation process," said Wettemann.

"In today's challenging environment companies are looking for a significant ROI on any software investment," Therese Tucker, CEO of BlackLine, said. "BlackLine provides a key way for the CFO and Controller to realize that type of return while increasing the control and visibility over the entire financial reconciliation process. Nucleus Research, in its study found that it is not unusual for companies to experience returns that range from more than 220 to 689 percent when implementing BlackLine."

Webcast attendees will leave this webcast with insight into how they can cut the cost of the account reconciliation and financial close processes, while they improve visibility and control. The discussion will focus on actual customer case studies and the ways they reduced their costs while achieving a rapid return on their BlackLine investment.

Interested attendees can sign up at https://www2.gotomeeting.com/register/544677156.

About BlackLine

Founded in 2001, BlackLine Systems was the first to develop and offer a commercially available Balance Sheet Account Reconciliation solution. An experienced provider of software to Fortune 1,000 companies, BlackLine provides quick-to-implement, scalable and easy-to-use applications that, for the first time, automate the entire financial close process and help improve financial controls for companies of all sizes. BlackLine software applications complement and are an integral component of existing Enterprise Performance Management (EPM), Governance Risk and Compliance (GRC) and Enterprise Resource Planning (ERP) systems.

BlackLine offers customers a choice between enterprise or OnDemand delivery. With a proven track record and a commitment to customer success, BlackLine seeks to reduce the effort the financial close places on the CFO. For more information, please visit www.blackline.com.

SOURCE BlackLine Systems

Source: PR Newswire

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