Blackline, Inc. · NASDAQ:BL

Blackline — Finance Transformation Series: Go Beyond (San Francisco) (April 2023)

52 slides from Blackline's conference presentation, Apr 20, 2023

  1. Slide 1: Finance Transformation Series: Go Beyond

    FINANCE 7 TRANSFORMATION © SERIES f Go Beyond April 20, 2023 | 2pm PT Y; BLACKLINE

  2. Slide 2: CPE Requirements

    CPE Requirements: • 3 CPE / CPD credits offered • Stay for the event, sign-out if you must leave Questions: CPE@Transformation.blackline.com 2

  3. Slide 3: Agenda

    Agenda 1. Go Beyond with BlackLine •Why Do We Need to Change? •Why is This Important Now? •How Can BlackLine Help? 2. Product Showcase 3. Customer Fireside Chat with Naropa University 4. RGP – A Close Optimization Journey Started & Accelerated with BlackLine 5. Happy Hour 3

  4. Slide 4: Go Beyond

  5. Slide 5: What Does it Mean to Go Beyond?

    What Does it Mean to Go Beyond? • You are being asked to do more and are held back by a myriad of roadblocks • BlackLine has the technology to free up your time • You are a leader, and we have the tools to help you achieve • You will be able to:

  6. Slide 6: Why Do We Need Change?

    Why Do We Need Change?

  7. Slide 7: Traditional manual accounting is not sustainable.

    Traditional manual accounting is not sustainable. Controller CFO Finance Tax Marketing P&L Data External Audit Sales Internal Audit SEC Reporting Cash Flows CEO Accounts Receivable Investors People Accounts Payable Equity Balance Sheet Multiple ERPs Reporting Source Systems HRIS Phone Calls Finance

  8. Slide 8: Manual Accounting is Not Sustainable?

    Manual Accounting is Not Sustainable? Time Risk Morale Cost 69% say manual effort is 55% are not completely confident 34% of productivity is lost 350% More FTEs on general #1 bottleneck in the they can identify financial errors for actively disengaged accounting/reporting at financial close process.

  9. Slide 9: What's keeping you up at night?

    What’s keeping you up at night? Red Dots Added Pressure Systems/ERP Upgrades People / Talent Fear of the red dots Greater expectation Data integrity Attracting the right talent Where is time being wasted Less time Compatibility with other system Retaining the right people How to gain efficiencies Ne

  10. Slide 10: Where Do I Start?

    10 wet Where Do | Start? Y% BLACKLINE

  11. Slide 11: Start by Looking at Your Process

    Start by Looking at Your Process Determine the activities required to walk through the process Complete Closing Review Closing Prepare Unadjusted Gather Data & Perform Prepare Financial Activities Activities Trial Balance Consolidation Statements • Journal Entries • Analysis • Review Unadjusted TB P

  12. Slide 12: Look Outside the Process

    Look Outside the Process Activities that go unnoticed and present the real bottlenecks of productivity Complete Closing Review Closing Prepare Unadjusted Gather Data & Perform Prepare Financial Activities Activities Trial Balance Consolidation Statements • Journal Entries • Analysis • Review Unadjus

  13. Slide 13: The key here is to focus on the red dots...

    The key here is to focus on the red dots...

  14. Slide 14: Let's look at an example.

    Let’s look at an example. Total Company Time Wasted Pat Kim 67 Minutes Compose Review Kim's wasted effort 5 Minutes 2 Minutes Email Request Request Kim's time distracted Pat's wasted effort Pat's time distracted Research Request 10 Minutes Wait for 15 Minutes response Prepare 3 Minutes Response Revi

  15. Slide 15: Chaos is nothing more than a sea of red dots.

    Chaos is nothing more than a sea of red dots. Controller CFO Finance Tax Marketing P&L Data External Audit Sales Internal Audit SEC Reporting Cash Flows CEO Accounts Receivable Investors People Accounts Payable Equity Balance Sheet Multiple ERPs Reporting Source Systems HRIS Phone Calls Finance & Te

  16. Slide 16: Be seen as a Value Creator Not a Cost Center!

    What does accounting need to do? Be seen as a Value Creator Not a Cost Center! Confidential – For Internal Use Only

  17. Slide 17: Why is This Important Now?

    Why is This Important Now?

  18. Slide 18: F&A leaders need to align capacity to meet the demands of their expanding roles.

    F&A leaders need to align capacity to meet the demands of their expanding roles. To do this, you need to be extraordinary.

  19. Slide 19: Priorities for Finance & Accounting

    Priorities for Finance & Accounting Focus on what’s important to you and your business. New Accounting Pronouncements Remote Work Enablement Headcount Control Internal Controls & Compliance Agile Financial Decision Making GBS/SSO Optimization Order-to-Cash Optimization Working Capital & Liquidity Ma

  20. Slide 20: Controllership Value Model

    Controllership Value Model How Accounting leaders align capacity to strategic initiatives Align to the Strategic Needs of Your Organization You cannot align as well to the CEO if you spend all your time mitigating risk, and/or, if your processes are heavily reliant on manual work. CAPACITY Manage Ri

  21. Slide 21: Transforming Finance Now quote

    “This shift requires a rebalancing of day-to-day finance activities, finding new ways to complete essential process-heavy tasks and freeing up time to focus on more strategic activities that will grow or transform the business.” Transforming Finance Now, 2022

  22. Slide 22: How will you build a business case for change?

    1. How will you build a business case for change? 2. What will you do with more time? 3. How will you move from a Cost Center to Value Center?

  23. Slide 23: What is BlackLine's Role?

    What is BlackLine’s Role? How can this technology help me GO BEYOND?

  24. Slide 24: BlackLine's Financial Operations Management Platform

    BlackLine’s Financial Operations Management Platform Enables F&A to focus on what matters most. Financial Close Accounts Receivable Intercompany Management Automation Financial Management Financial Reporting MAP for Framework & Technology Analytics Cash Application to Go Beyond Zero Data | Automatio

  25. Slide 25: Financial Operations Management

    Financial Operations Management Financial Close Management | AR Automation | Intercompany Accounting Accounting Operations Control & Compliance Cash Application Controls Documentation Transaction Analysis Risk Framework Journals Mgmt. & Automation Control Testing Intercompany Transaction Mgmt. Tax C

  26. Slide 26: BlackLine Financial Close Management

    BlackLine Financial Close Management Close faster with complete and accurate results. Account Task Journal Variance Transaction Reconciliations Management Entry Analysis Matching Standardize, control, and Drive visibility & Centralize, manage, Continuously monitor for risk Match and reconcile millio

  27. Slide 27: Accounts Receivable Automation

    Accounts Receivable Automation • Gain Visibility into Cash Application Process • Drive Efficiency Through Automation • Transform Operational Metrics into Strategic Decisions • Customer Attractiveness Score

  28. Slide 28: BlackLine Intercompany

    BlackLine Intercompany • Improve operational efficiency • Manage global tax compliance • Drive margin improvements • Optimize working capital

  29. Slide 29: How Does BlackLine Go Beyond?

    How Does BlackLine Go Beyond?

  30. Slide 30: BlackLine Differentiators

    BlackLine Differentiators Proven history of Long-term vision, Viability – around 4,100+ customers creating the market determined by us since 2001 /350,000+ users We continue to grow! Customers of all sizes Quick implementation – We join your We will help and industries 90 days transformation journey

  31. Slide 31: Modern Accounting Playbook

    Modern Accounting Playbook NZ BLACKLINE

  32. Slide 32: The Foundation for Modern Accounting

    The Foundation for Modern Accounting Standardize close tasks Automate repetitive work Embed controls and and workflows with reconciliations proactively monitor results

  33. Slide 33: Success Delivered

    Success Delivered How BlackLine Does It Differently Leading Practices <90 Day Project Plan The BlackLine Ecosystem Scalable Solutions Line up pre-built leading practices to Optimize implementation strategy Grow your skills and network through Address new strategic areas with your close requirements

  34. Slide 34: 30-40% of time can be reduced with finance automation

    30-40% of time can be reduced with finance automation

  35. Slide 35: The Biggest & Best Group of Customers

    The Biggest & Best Group of Customers 80% Fortune 10 58% Fortune 50 48% Fortune 500 47% Fortune 1000 2K+ Midsize Companies

  36. Slide 36: Across Every F&A Tech Landscape

    Across Every F&A Tech Landscape

  37. Slide 37: Go Beyond

    aS Go Beyonce SS

  38. Slide 38: Are you ready to Go Beyond?

    Are you ready to Go Beyond? • You understand all that is being asked of you • Roadblocks are the challenges of manual accounting • Build a business case with achievable results • BlackLine has the tools to help you achieve all your goals • You can create your legacy and:

  39. Slide 39: Let's Go Beyond Together

    Let’s Go Beyond Together Empowering accounting teams to focus on what matters most Speed Automation Scalability Accuracy ROI 70% 50% 2.6x 96% $2.77 reduction in less time spent on work performed without reduction in intercompany returned for every dollar days to close manual work new headcount imbal

  40. Slide 40: Questions

  41. Slide 41: Thank you.

    Thank you. Visit blackline.com

  42. Slide 42: Thank you.

    Thank you. Visit blackline.com

  43. Slide 43: A Close Optimization Journey Started & Accelerated with BlackLine

    FTS: Finance Transformation Series A Close Optimization Journey Started & Accelerated with BlackLine April 20, 2023

  44. Slide 44: We're Your Next-Gen Human Capital Partner.

    Work With Over 85% We’re Your Next-Gen of the Fortune 100 Human Capital Partner. RGP is a next-generation professional services firm that connects expertise with project work, helping our clients to tackle change and execute business transformation in Serving 2,400+ a way that is intrinsically human

  45. Slide 45: An Experienced BlackLine Partner

    An Experienced BlackLine Partner © 2023 Resources Connection, Inc Proprietary and Confidential 45

  46. Slide 46: Interview: Nathan Kirkpatrick with Pattern Energy

    Interview: Nathan Kirkpatrick with Pattern Energy rgp.com | © RGP 46

  47. Slide 47: Thank you.

    Thank you. Steve McKechnie Vice President, Finance Transformation and Global BlackLine Practice Leader steve.mckechnie@rgp.com or blackline@rgp.com 47

  48. Slide 48: Finance Transformation Series: Go Beyond

    FINANCE 7 TRANSFORMATION © SERIES f Go Beyond April 20, 2023 | 2pm PT Y; BLACKLINE

  49. Slide 49: BlackLine Differentiators

    BlackLine Differentiators Proven history of Long-term vision, Viability – around 4,100+ customers creating the market determined by us since 2001 /350,000+ users We continue to grow! Customers of all sizes Quick implementation – We join your We will help and industries 90 days transformation journey

  50. Slide 50: BeyondTheBlack

    BeyondTheBlack Thi September 11-13, 2023

  51. Slide 51: © 2023 Clearsulting

    © 2023 Clearsulting 51

  52. Slide 52: Thank you.

    Thank you. Visit blackline.com

BlackLine — Finance Transformation Series: Go Beyond (San Francisco) (April 2023) on 6ix