Business
Atlantic Union Bank, Creditsafe, Dentsu, Flowers Bakeries And FWD Insurance Honored With 2021 Modern Accounting Awards From BlackLine
Leading midsize and enterprise organizations from around the world and across multiple industries recognized for embracing modern accounting to drive
About this update from Blackline, Inc.
[{"type":"text","content":"Leading midsize and enterprise organizations from around the world and across multiple industries recognized for embracing modern accounting to drive transformational outcomes\n LOS ANGELES, Oct. 26, 2021 /PRNewswire/ -- Accounting automation software leader BlackLine, Inc. (Nasdaq: BL) has announced the winners of its 2021 Modern Accounting Awards. The company's third annual global awards program recognizes customers that have achieved transformational outcomes by going beyond traditional manual accounting processes to embrace modern accounting. The 2021 winners - spanning multiple industries and regions - demonstrate excellence in using BlackLine's market-leading solutions for financial close, intercompany accounting and accounts receivable (AR) automation and join notable past award recipients including Domino's, McKesson, SiriusXM and Zurich North America.\n\n \n \n \n \n \n \n\n \nThis year, BlackLine honored customers in six categories:\nThe Unifier – For the company that has overcome the challenges inherent in a complex finance technology landscape by unifying data, processes and visibility to deliver accurate results faster. The award goes to Dentsu International, a marketing, media and digital communications company, whose transformative vision to integrate and unify their global agency network through simplified and standardized systems and processes using BlackLine across 60 countries with over 1,000 entities and more than 50 different enterprise resource planning systems (ERPs) drove tremendous results including achieving 80% auto-certification of hundreds of thousands of account reconciliations and seamlessly completing fully virtual BlackLine deployments for 64 of the entities since the global pandemic hit.The Accelerator – For the company that has automated routine accounting work to save time and refocus finance professionals on strategic business initiatives, revolutionizing finance and accounting (F&A) use cases with process design and automation. The award goes to FWD Insurance, a multinational insurance company, for embracing enhanced capabilities to load massive amounts of data into BlackLine, ultimately matching over a million previously manual line items automatically and freeing up team resources for an impending migration to Oracle ERP Cloud.The Closer – For the company that embraces continuous accountin...