Capgemini announced it has entered into a global strategic alliance with BlackLine, a leading, trusted provider of unified, cloud-based software designed to automate and control the financial close process. This collaboration is focused on enabling finance and accounting (F&A) teams to reduce business-process costs while optimizing process effectiveness and efficiencies. By centralizing critical F&A operations in BlackLine’s cloud platform, businesses will also gain the ability to continually capture, validate, and provide timely and accurate financial data necessary for reporting.
As a result of this collaboration, Capgemini will offer further flexibility to its clients, helping them to move away from traditional manual accounting processes to a modern accounting experience powered by end-to-end solutions that combine process transformation enriched with the implementation of BlackLine solutions.
Capgemini and BlackLine are already collaborating at a US-based Capgemini client in the chemical industry, where Capgemini is helping the organization to enhance its usage of BlackLine’s account reconciliation, task management, journal entry and Smart Close solutions.
“We are delighted to join hands with BlackLine to work together and achieve innovative and effective finance transformations for our clients worldwide,” said David Lumley, Head of the Finance Powered by Intelligent Automation Practice for Capgemini’s Business Services Global Business Line. “This collaboration will play a critical role in the expansion of our finance and accounting capabilities. It is a positive step that enhances Capgemini’s best-in-class Digital Global Enterprise Model, and our Record to Analyze capabilities. It reinforces our customer-centric approach by driving improved outcomes for today’s rapidly changing business environment.”
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