The BlackLine Finance Controls & Automation Platform will enable existing finance and accounting departments turn into ‘modern finance’ organisations, by automating key processes and reducing manual efforts.
Wipro Limited has announced a partnership with BlackLine Inc, a player in Enhanced Finance Controls and Automation (EFCA) software. As part of this partnership, Wipro will offer BlackLine’s platform of financial software solutions, encompassing Financial Close Management, Intercompany Hub, Reconciliation Management and Controls Assurance delivered as a cloud-based service, to finance and accounting organisations.
The BlackLine Finance Controls & Automation Platform will enable existing finance and accounting departments turn 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.
“The combination of Wipro’s practical consulting expertise and global reach with BlackLine’s leading solutions for automated finance controls and automation will help drive a tremendous market opportunity for both companies,” said Mario Spanicciati, BlackLine’s Chief Strategy Officer.