BlackLine partners with SAP to develop AI-powered financial close solutions
BL•BlackLine and SAP unveiled an AI roadmap to automate record-to-report processes, with an initial deployment planned to introduce three solutions for reconciliations, transaction matching and period-end accruals.
1. AI roadmap
BlackLine unveiled an AI roadmap with SAP that combines BlackLine’s Verity AI solutions with SAP’s Joule to automate record-to-report processes. The planned initial deployment includes three solutions for balance sheet reconciliations, transaction matching and period-end accruals across multiple ERP systems.
2. Planned platform
The solutions are planned to run on SAP Business AI Platform, with coordinated development, integration and application support.
