{"id":1082206,"date":"2023-09-13T08:45:42","date_gmt":"2023-09-13T06:45:42","guid":{"rendered":"https:\/\/www.capgemini.com\/?p=658407"},"modified":"2025-03-21T12:09:03","modified_gmt":"2025-03-21T12:09:03","slug":"capgemini-and-blackline-drive-frictionless-finance","status":"publish","type":"post","link":"https:\/\/www.capgemini.com\/in-en\/insights\/expert-perspectives\/capgemini-and-blackline-drive-frictionless-finance\/","title":{"rendered":"Capgemini and BlackLine drive Frictionless Finance"},"content":{"rendered":"\n<header class=\"wp-block-cg-blocks-hero-blogs header-hero-blogs\"><div class=\"container\"><div class=\"hero-blogs\"><div class=\"hero-blogs-content-wrapper\"><div class=\"row\"><div class=\"col-12\"><div class=\"header-title\"><h1>Capgemini and BlackLine drive Frictionless Finance<\/h1><\/div><\/div><\/div><\/div><div class=\"hero-blogs-bottom\"><div class=\"header-author\"><div class=\"author-img\"><img decoding=\"async\" src=\"https:\/\/www.capgemini.com\/wp-content\/uploads\/2021\/05\/Priya-Ganesh-1-1.jpg?w=200&amp;quality=10\" alt=\"Priya Ganesh, Vice President, Head of F&amp;A Solutions, Capgemini's Business Services\" loading=\"lazy\"\/><\/div><div class=\"author-name-date\"><h5 class=\"author-name\">Priya Ganesh<\/h5><h5 class=\"blog-date\">Sep 13, 2023<\/h5><\/div><\/div><div class=\"brand-image\"> <\/div><\/div><\/div><\/div><\/header>\n\n\n\n<section class=\"wp-block-cg-blocks-group undefined section section--article-content\"><div class=\"article-main-content\"><div class=\"container\"><div class=\"row\"><div class=\"col-12 col-md-1\"><nav class=\"article-social\"><ul class=\"social-nav\"><li class=\"ip-order-fb\"><a href=\"https:\/\/www.facebook.com\/sharer\/sharer.php?u=https:\/\/www.capgemini.com\/insights\/expert-perspectives\/capgemini-and-blackline-drive-frictionless-finance\/\" target=\"_blank\" rel=\"noopener noreferrer\" title=\"opens in a new window\"><i aria-hidden=\"true\" class=\"icon-fb\"><\/i><span class=\"sr-only\">Facebook<\/span><\/a><\/li><li class=\"ip-order-tw\"><a href=\"https:\/\/twitter.com\/intent\/tweet?url=https:\/\/www.capgemini.com\/insights\/expert-perspectives\/capgemini-and-blackline-drive-frictionless-finance\/&amp;text=Capgemini%20and%20BlackLine%20drive%20Frictionless%20Finance\" target=\"_blank\" rel=\"noopener noreferrer\" title=\"opens in a new window\"><i aria-hidden=\"true\" class=\"icon-tw\"><\/i><span class=\"sr-only\">Twitter<\/span><\/a><\/li><li class=\"ip-order-li\"><a href=\"https:\/\/www.linkedin.com\/shareArticle?url=https:\/\/www.capgemini.com\/insights\/expert-perspectives\/capgemini-and-blackline-drive-frictionless-finance\/&amp;text=Capgemini%20and%20BlackLine%20drive%20Frictionless%20Finance\" target=\"_blank\" rel=\"noopener noreferrer\" title=\"opens in a new window\"><i aria-hidden=\"true\" class=\"icon-li\"><\/i><span class=\"sr-only\">Linkedin<\/span><\/a><\/li><\/ul><\/nav><\/div><div class=\"col-12 col-md-11 col-lg-10\"><div class=\"article-text article-quote-text\">\n<h2 class=\"wp-block-heading\" id=\"h-capgemini-and-blackline-s-strategic-alliance-fosters-best-practice-solutions-to-achieve-frictionless-outcomes-for-clients\">Capgemini and BlackLine\u2019s strategic alliance fosters best-practice solutions to achieve frictionless outcomes for clients.<\/h2>\n\n\n\n<p>To stay agile in this post-pandemic climate, CFOs need to move away from manual and repetitive tasks to a more streamlined and modernized finance and accounting (F&amp;A) template. Automation and cloud-based tools and technologies are now crucial for F&amp;A professionals to gain a better understanding of their clients\u2019 finance operations.<\/p>\n\n\n\n<p>Capgemini\u2019s expertise combined with the <a href=\"https:\/\/www.blackline.com\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">BlackLine Accounting Cloud<\/a> enable F&amp;A teams to reduce business-process costs by optimizing process efficiencies. The BlackLine Accounting Cloud manages and automates financial close, accounts receivable (AR), and intercompany accounting processes. Financial data needs to be timely and accurate for effective reporting, and with BlackLine, businesses benefit from a centralized system that streamlines F&amp;A operations, while providing unprecedented visibility and intelligence across F&amp;A.<\/p>\n\n\n\n<p><strong>Finance transformation for clients worldwide<\/strong><\/p>\n\n\n\n<p>Capgemini and BlackLine are helping organizations leave manual accounting processes behind, and power innovation with modern solutions. Platform upgrade without process optimization might not yield the client\u2019s desired outcomes. Therefore, implementing a leading cloud-based platform must go hand-in-hand with process transformation<\/p>\n\n\n\n<p>On top of this, reconciling data across a myriad of backing systems and posting journal entries is not time efficient. Poor processes such as these are hard to track and scale. The modern accounting journey starts with harmonizing the scattered finance technology landscape by dealing with siloes. Automation ignites accounting efficiencies and unifies processes, enabling customers to focus on what\u2019s really important.<\/p>\n\n\n\n<p>Capgemini and BlackLine have been collaborating with a US-based, chemical organization to enhance its reconciliation, task management, journal entry, and close functions. We successfully delivered several process transformation and BlackLine implementation projects for clients from various industries.<\/p>\n\n\n\n<p><strong>Revolutionizing finance<\/strong><\/p>\n\n\n\n<p>Organizations need to remain competitive in a rapidly changing digital business context. Fragmentation, broken processes, poor data quality, shadow IT, and technical debt create inconsistencies that prevent the consolidation of a unified logic for business operations.<\/p>\n\n\n\n<p>Capgemini\u2019s <a href=\"https:\/\/www.capgemini.com\/service\/business-services\/enabling-technologies\/digital-global-enterprise-model-d-gem\/\" target=\"_blank\" rel=\"noreferrer noopener\">Digital Global Enterprise Model<\/a> (D-GEM) platform acts as a best-practice benchmark across accounting processes \u2013 eliminating business frictions, neutralizing bottlenecks, prioritizing the customer-first user experience, improving employee experience, and enabling a faster time to market.<\/p>\n\n\n\n<p>D-GEM also helps augment humans with AI to orchestrate seamless processes, driving enhanced business outcomes and enabling organizations to transition to the <a href=\"https:\/\/www.capgemini.com\/service\/business-services\/transform-your-finance-operations\/frictionless-finance\/\" target=\"_blank\" rel=\"noreferrer noopener\">Frictionless Enterprise<\/a>.<\/p>\n\n\n\n<p><strong>Building a smart, frictionless future for receivables<\/strong><\/p>\n\n\n\n<p>Through collaboration with BlackLine, Capgemini\u2019s transformation assets have taken a turn for the better. Transforming AR is one of the critical pillars of the BlackLine Accounting Cloud, enabling companies to use machine learning to quickly unlock cash from debtors while maximizing customer relationships and reducing risk of non-payment with predictive, actionable intelligence.<\/p>\n\n\n\n<p>This complements Capgemini\u2019s approach to <a href=\"https:\/\/www.capgemini.com\/2021\/10\/envisioning-the-future-of-accounts-receivable\/\" target=\"_blank\" rel=\"noreferrer noopener\">AI.Receivables<\/a> \u2013 part of Capgemini\u2019s <a href=\"https:\/\/www.capgemini.com\/service\/business-services\/transform-your-finance-operations\/frictionless-finance\/\" target=\"_blank\" rel=\"noreferrer noopener\">Frictionless Finance<\/a> \u2013 driving tangible outcomes such as enhanced efficiency and topline growth and enabling organizations to transition to the <a href=\"https:\/\/www.capgemini.com\/business-services-thought-leadership\/innovation-nation\/the-frictionless-enterprise\/\" target=\"_blank\" rel=\"noreferrer noopener\">Frictionless Enterprise<\/a>.<\/p>\n\n\n\n<p>These efforts are backed by a strategic alliance with BlackLine. What better way to intelligently innovate the future?<\/p>\n\n\n\n<p><em>To learn more about how Capgemini and BlackLine can <a href=\"https:\/\/www.capgemini.com\/service\/business-services\/transform-your-finance-operations\/frictionless-finance\/\" target=\"_blank\" rel=\"noreferrer noopener\">transform your organization\u2019s finance function<\/a> to create the <a href=\"https:\/\/www.capgemini.com\/business-services-thought-leadership\/innovation-nation\/the-frictionless-enterprise\/\" target=\"_blank\" rel=\"noreferrer noopener\">Frictionless Enterprise<\/a>, contact <\/em><a href=\"mailto:priya.ganesh@capgemini.com\"><em>priya.ganesh@capgemini.com<\/em><\/a><em>.<\/em><\/p>\n<\/div><\/div><\/div><\/div><\/div><\/section>\n\n\n\n<section class=\"wp-block-cg-blocks-wrapper-people-slider section section--expert-slider wrapper-people-slider undefined\"><div class=\"container\"><div class=\"content-title\"><h3 data-maxlength=\"34\">Meet our expert<\/h3><\/div><\/div><div 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