Beyond the Black 2022, the premier event for Finance and Accounting leaders and innovators, took place last week in Las Vegas. The conference featured many sessions on hot topics for Finance and Accounting. These included Winning the War for Talent, 2023 Predictions for Finance and Accounting and Why AR Management Needs to be at the Top of Finance’s Agenda and ESG.
Several Revelwood team members attended the event. We met many people from the BlackLine team in person, learned about new features that have recently become available and gained an understanding of BlackLine’s vision for the future. BlackLine’s long-term goal is to be a single platform where all accounting tasks can be completed. They continue to execute on that goal by releasing new products like the cash application & accounts receivable module and intercompany transactions module.
Here are some highlights of the conference, courtesy of BlackLine’s blog:
How Aetna is Driving Continuous Innovation with Its Center of Excellence Model
To best serve the business, Aetna’s accounting and finance team established a Center of Excellence focused on transforming processes and reducing manual work. Since 2018, the Aetna COE has brought standardization, efficiency and leading practices to the organization. Attendees heard how Aetna is delivering measurable results, freeing up resources and improving controls with BlackLine and its COE model.
How a REIT Uses BlackLine Task Management to Close (While Having a Little Fun, Too)
LXP Industrial Trust understands that innovation and technology are essential to growth and continued success. The session provided insights into how LXP utilized BlackLine Task Management to help transform and modernize its journey to modern accounting. LXP talked about how they created the BlackLine Intergalactic Highway for a fun way to encourage staff interaction and facilitate an accounting transformation from the traditional way of working to optimize its accounting processes, thereby creating capacity for Accounting to focus on what matters most.
How Dun & Bradstreet Uses BlackLine in a Shared Service Environment
The Dun & Bradstreet (D&B) controller organization unleashed the power of transformation internally by enabling their global teams to share a common platform to improve transparency, standardization and automation. D&B shared their accounting journey and the strategies deployed to transition from life before BlackLine to their current best-in-class center of excellence.
There are many, many stories about how BlackLine helps companies to transform and modernize their accounting practices. We look forward to sharing more success stories.