Armanino now offers BlackLine financial close automation software
Armanino has joined BlackLine’s partner program and now offers the software company's cloud-based financial controls and automation software to its clients.
“Our partnership with BlackLine presents great value by simplifying the period-end accounting process for our clients saving both time and money,” said Ryan Prindiville, director at Armanino, in a statement. “Our team can use BlackLine to automate data from multiple ERP sources such as Microsoft Dynamics 365, Intacct and Adaptive Insights, creating a fully modern finance suite and providing clients with peace of mind.”
Armanino reports that with BlackLine, it now offers complete capabilities in account reconciliations, task management, transaction matching, journals, variance analysis, consolidation integrity management and an intercompany transaction hub.
Separately, on May 12 BlackLine filed papers with the U.S. Securities and Exchange Commission for a secondary offering of its common stock. According to the filing, all shares will come from existing shareholders and BlackLine will not receive any money from the transaction.
Armanino was ranked No. 23 on Accounting Today’s Top 100 Firms list for 2017, with net revenue of $195 million.