Task Management

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The BlackLine Task Management product provides management software to help you manage accounting all finance tasks and processes.

Closing Out The Books? Ensure They’re Right

When your closing procedures are systematic and well-managed, the result is a set of financial statements that are accurate and useful to end users.
The Task Management module automates and streamlines many accounting and finance processes within the company, which frees up staff to focus on execution and accuracy. Task Management incorporates built in workflows that allows task assignment and tracking across multiple locations. Task dependencies, certifications, and email notifications ensure that each task is on track and deadlines are established, communicated, and met. Real-time dashboards and robust reporting capabilities give management immediate visibility into completed and outstanding items.
  • Checklists – Manage your month-end tasks, recurring journal entries, operational checklists, and auditor PBC lists from one, centralized close platform.
  • Control the close – Real-time dashboards and reports can transform your close with unmatched transparency and business intelligence. Dashboards show reports, statistics, and other insights to help you understand the value of each task.
  • Compliance – Structure and schedule your close while also keeping with best practices and company policies so that audits run smoothly and you close your financial periods on time.
 
 

Task Lists

Not all organizations are the same and the timing of closing entries can vary not only from company to company but by department within the same organization. BlackLine allows you to configure your task lists to reflect the processes you need to have done, when you need to do them, all included in an easy-to-use, configurable dashboard.
Some common task lists that are incorporated into task management include:
  • Month-end close checklists, both enterprise-wide and departmental
  • Auditor PBC lists
  • Operational checklists
  • Exception handling and research
  • Tax filings
  • Compliance framework and internal controls
  • Recurring journalsey Features And Benefits

We promise you can quickly and securely:

  • eliminate labor-intensive, non-value adding activities
  • streamline decentralized and disjointed workflows
  • reduce the threat to the integrity of financial statements
  • reduce the risk of control failure
  • shorten cycle times

Centrally Manage Processes

BlackLine Task Management provides hierarchical task lists and workflows to control numerous manual processes across accounting and finance. Cross-product task dependencies, certifications, and email notifications combine to ensure that tasks are established, assigned, communicated, and achieved ahead of deadlines.

Accelerate Accounting Processes

Tasks are configurable across BlackLine products and can be linked with reconciliations and journals, guaranteeing the correct sequence, flow, and rollup of related activities. Milestone tasks can be used to track activity and automatically certify when child tasks are executed. Management-level reports give visibility into the global close calendar.

See Task Progress in Real Time

Real-time dashboards and comprehensive reporting capabilities give accounting leaders immediate visibility into completed and outstanding items by task type, geographic location, and due date. Automatic notifications warn users of pending tasks and notify management of overdue tasks and bottlenecks.

Product Overview: BlackLine Task Management

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THE MODERN FINANCE PLATFORM
BlackLine builds solutions that modernize the finance and accounting function to empower greater productivity and detect accounting errors before they become problems. BlackLine products work in unison to eliminate manual spreadsheet-dependent processes prone to human error. BlackLine Account Reconciliations automates and standardizes the reconciliation process, and natively integrates with other BlackLine products to help manage every element of reconciliations and the financial close. Streamlining account reconciliations helps ensure accurate and efficient accounting activities, free from manual, error-prone practices. BlackLine is the only provider that offers a unified cloud platform supporting the entire close-to-disclose process and the leader in Enhanced Finance Controls and Automation software. BlackLine enables clients to move away from out-of-date practices and help finance and accounting professionals work smarter, more efficiently, and accurately. Clients around the world use BlackLine. BlackLine’s cloud platform unifies the experience of more than 236,800 people around the world as they accurately, securely, and efficiently execute critical accounting tasks from reconciliations and journals to intercompany settlement and the financial close.

Contact us

Phone: (613) 695-9300
Email:  info@financecontrols.com
Address: 56 Sparks Street, Suite 502, Ottawa, ON K1P 5A9

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