Business
Starbucks, Chobani, Finning, Light & Wonder, McKesson and Takeda Honored with 2022 Modern Accounting Awards from BlackLine
Leading organizations from around the world and across multiple industries recognized for embracing modern accounting to drive transformational outcomes LOS
About this update from Blackline, Inc.
[{"type":"text","content":"Leading organizations from around the world and across multiple industries recognized for embracing modern accounting to drive transformational outcomes\nLOS ANGELES, Nov. 1, 2022 /PRNewswire/ -- Accounting automation software leader BlackLine, Inc. (Nasdaq: BL) has announced the winners of its 2022 Modern Accounting Awards. The company's fourth annual global awards program recognizes customers that have achieved transformational outcomes by going beyond traditional manual accounting processes to embrace modern accounting. The 2022 winners - spanning multiple industries and regions - demonstrate excellence in using BlackLine's market-leading solutions for financial close, intercompany financial management and accounts receivable (AR) automation and join notable past award recipients including Domino's, 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.Takeda, the largest pharmaceutical company in Asia, won for using BlackLine's solutions to transition to a remote work environment, successfully reducing manual work and increasing controls compliance, while freeing up more than 60,000 team hours a year with auto-certification.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 use cases with process design and automation.Light & Wonder, Inc., the global leader in cross-platform games and entertainment, won for replacing a complex manual process with an automated one that takes just 30 minutes per day, while also consolidating data from multiple systems into BlackLine to increase efficiencies.The Closer – For the company that has embraced continuous accounting, distributing close tasks across the period to reduce month-end workloads, speeding up the close process and supporting the business in real time.Food maker Chobani, producer of America's No. 1 yogurt brand, won for transforming its financial close processes, reducing reconciliation time to just five days, increasing efficiencies to provide more accurate financial results fas...