BlackLine recently announced new features to make finance transformation more efficiently.
The company has added Microsoft Teams integration and introduced new capabilities to its Microsoft Dynamics 365 (D365) Connector to enable finance transformation, allowing users streamline and optimise key finance and accounting processes and close the books faster.
According to BlackLine, newly added Microsoft Teams collaboration and messaging services will now also provide real-time notifications for time-sensitive actions, while new enhancements to BlackLine’s pre-configured Microsoft D365 Finance & Operations Connector for Financial Close & Consolidation Solutions will enable customers to access more data quicker and automate more of their close workflows.
Highlights of BlackLine’s new Microsoft Teams integration
- Real-time administrative, system, and business workflow-related alerts directly in Microsoft Teams chat
- Actionable and real-time notifications that empower users to make better-informed and more timely decisions that enhance productivity, minimise errors, and speed up the financial close
- Optimisation for greater efficiency and transparency of a user’s task execution
Highlights of new functionality via BlackLine’s Microsoft D365 Connector
- Enables organisations to automate even more of the data flow from their D365 ERP
- Ability to pull more data types including currency rates and multicurrency balances
- Improved data extraction performance and efficiency
Non-bank lender Resimac has been using BlackLine alongside Microsoft D365 for four years, said Blackline.
“Since BlackLine, we have seen 100% on-time completion rates for all month-end reconciliations. With BlackLine Task Management, managers and employees know what needs to be done and on what timeline. That increased visibility drives accountability,” said Santo Ahmed, group financial controller at Resimac.
BlackLine’s Microsoft D365 Connector is generally available now, the company said adding that Integrated Microsoft Teams functionality is available now for early adoption.
