BlackLine makes a a five-day implementation possible
BlackLine has announced a five-day implementation for midsize companies. With BlackLine 5-Day Fast Track, new customers can 'Go live in 5' and be up and running on BlackLine's financial close management platform in time for their next month-end close.
According to the company, midsize organisations often don't have the time or resources to implement new accounting software. Their finance and accounting (F&A) staff need to spend as little time as possible on implementation and onboarding so they can focus on higher-value work.
BlackLine has taken learnings from transforming the close for more than 4,000 customers to guide midsize F&A teams through a fast-track set-up to help them realise the greatest value in the shortest amount of time, according to a statement from the company.
BlackLine's agile approach was recently embraced by healthcare and services provider Matrix Medical Network which was ready to go on BlackLine's financial close management platform in less than five days, and a week before month-end.
Paul McDowell, Chief Accounting Officer and Treasurer at Matrix Medical Network, comments, "We didn't think a five-day implementation was possible. But BlackLine's ability to quickly navigate our processes and data structure and then set up and train our team in less than a week - and just a week before our close - drove confidence that we made the right decision. We are already seeing value from BlackLine!"
BlackLine's 5-Day Fast Track includes:
- Implementation of BlackLine's Modern Accounting Playbook (MAP) for Financial Close offering including Task Management, Account Reconciliations, and Transaction Matching solutions.
- Set-up of a connector for ERP platforms most commonly used by midsize companies.
- Data integration from multiple sources, such as general ledgers, sub-ledgers, and bank accounts.
- User acceptance testing.
- End user and administrative training and onboarding of finance and accounting teams.
- Dedicated customer support throughout the first two close cycles;
Robert Kugel, Senior Vice President and Research Director at Ventana Research, advises, "Midsize organisations looking for a quick solution to their accounting challenges without compromises or having to sacrifice their ability to support future growth should consider BlackLine's 5-Day Fast Track."
"The new rapid implementation offering saves valuable time and resources getting started while enabling businesses to gain agility, make better-informed decisions sooner, and reduce risk with less effort. BlackLine also offers dedicated support during the customer's first two closes, which goes a long way to ensuring customer success."
BlackLine has helped many companies solve complex business challenges and scale for growth with more than 2,200 midsize organisations already realising the benefits of using BlackLine to automate and modernise accounting processes.
Therese Tucker, co-CEO at BlackLine, says, "We know finance and accounting teams in midsize businesses have constraints when it comes to setting up new software and systems. We're here to help."
"With 5-Day Fast Track, we are eliminating time-consuming hurdles and delivering a seamless onboarding experience so teams can quickly realise the transformative power of the industry's most trusted financial close solution."