As part of the expansion plan, financial automation software leader, Blackline, and EY, the leading global professional services organization, recently announced the formation of a strategic alliance in India- to offer finance process automation.
This alliance would improve Finance and Accounting operations offered to businesses in India. Additionally, both the EY and Blackline as part of the alliance would help businesses automate a manual process, thereby complementing digital finance transformation.
Kamalanand Nithianandan, Partner, Advisory Services, EY India believes that, in the age of the digital organization, it becomes essential to have error-prone manual processes. EY is helping businesses on their journey to become an agile and intelligent enterprise. Together with Blackline, EY will enable businesses to stay adaptable, cost-effective charting better transparency and governance within an organization and externally.
Businesses are in dire need of a robust mechanism, which is transparent, capable of adaptability and accountability. EY will complement businesses streamline their enterprise business processes using BlackLine’s Continuous Accounting capabilities.
There are multiple offerings such as resource planning, robotic process automation, among others, and the capabilities of Blackline’s cloud platform to help businesses:
- For a business, good efficiency is a must. With Automate manual-intensive Finance and Accounting processes, workload for professionals affiliated with the finance sector can be very smooth.
- Finance and accounting data being critical, there is a need for continuous improvement of quality, accuracy as it can increase overall visibility.
- To increase regulatory scrutiny, governing the intercompany transactions for a better management system.