Since being founded in 2001, BlackLine has become a leading provider of cloud software that automates and controls the entire financial close process. Their vision is to modernize the finance and accounting function to enable greater operational effectiveness and agility, and they are committed to delivering innovative solutions and services to empower accounting and finance leaders around the world to achieve Modern Finance.
SOX has been in effect for more than 15 years, yet many companies still haven’t streamlined key elements of their compliance process. Spreadsheets and email remain the most common way to manage the data collection and affirmations that compliance requires. Software designed to manage compliance can provide strong controls that ...
Despite increasing rules and regulations, the risk of fraud looms large. That’s why Scientific Games, a leader in the gaming and lottery industries, is not one to gamble with compliance and controls. As an advanced user of BlackLine Task Management, they had exhausted the product’s limits.
Public companies have two reasons to take a hard look at their systems of internal control these days. First, the Committee of Sponsoring Organizations (COSO) recently issued an updated version of its internal control framework and the old framework is expiring at the end of the year. Second, audit firms, ...