Struggling to close your books on time?

What is EFCA?

Gartner has created a new Magic Quadrant for Enhanced Finance Controls and Automation (EFCA), formerly called “The Last Mile of Finance” or Close/Reconciliation Management. In doing so, they have identified that financial governance activities have expanded beyond the standard ERP and CPM processes. having partnered with our clients for over 20 years on ERP and CPM projects has recognized the importance of automating these key financial processes to better run their organizations.

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The BlackLine Difference

Faced with accelerated reporting deadlines and unrelenting demands for higher quality information, accounting and finance teams are constantly challenged to increase operational efficiency and contribute more prominently to the strategic direction of the business. Managing these rising expectations, and often competing priorities, creates a delicate balancing act that requires greater agility from the office of finance to support evolving business needs, despite mounting resource constraints.

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