M&A For many manufacturers, years of M&A has led to fragmented systems, complex intercompany processes, and a lack of standardization across the close. Increased global competition, economic disruption, and evolving regulations lead to uncertainty, fluctuations in materials and transportation costs, and a workforce that must learn to work in a whole new way—whether on the shop floor or in the office.
This is challenging manufacturers to improve transparency and agility around financial and operational insights and performance. These changes are also putting renewed pressure on spreadsheet-driven manual accounting.
Finance and accounting leaders are moving to cloud-based, scalable solutions to automate transactional accounting processes and improve the overall visibility, transparency, and efficiency of their financial close. Leading companies are shaving days off period-end, refocusing their efforts on higher value tasks, and achieving 2.67X ROI.
BlackLine share what’s possible and where to focus, including:
- 5 Reasons manual accounting hurts financial and operational performance
- 4 Manufacturing accounting processes that are ripe for automation
- 3 Real-life examples of manufacturers driving efficiency and accuracy in their close
