Technology and Data News and Events

Oracle Study

OneCloud announces the launch of new financial solution integration with Blackline

by Mike Jones in Data Analytics, EPM 02/07/2019

A leading business specialising in performance management and BI integration has launched an innovative solution with BlackLine, the main provider of cloud software that automates the financial close process for businesses. 

The integration will enable OneCloud to support BlackLine customers with an effective way of improving the financial close process by combining the capabilities across multiple applications including Host Analytics, Anaplan, Oracle Cloud EPM/ERP, IBM Planning Analytics and many more. The integration will also enhance the financial reporting process, improving the ability to work across multiple applications and reduce the overall implementation costs. 

Quin Eddy, the CEO of OneCloud explains that to support the automated financial close process delivered by Blackline, it is essential to utilise the data available from the various applications that focus on corporate consolidation and planning. Eddy states that the BlackLine OneCloud integration means customers can efficiently integrate this content into BlackLine in a seamless and effective manner to allow for efficient end-to-end integration and automation. 

OneCloud also confirmed the launch of a new BlackLine BizApp within its OneCloud platform. Michael Otto, the VP of Alliances at BlackLine explains that OneCloud has strong expertise within financial integration. OneCloud provides a solid set of capabilities that support BlackLine’s goal of enhancing and modernising financial close, according to Otto. 

About Blackline 

Blackline is a leader in cloud-based solutions that enhance finance and accounting through automation and streamlining the process of financial closing. The system compliments all ERP and financial systems including SAP, Oracle and NetSuite. BlackLine improves overall operational procedures, control and compliance to allow financial close and accounting automation from a single, combined platform. BlackLine customers can enhance their finance and accounting operations through intelligent automation, generating accurate and insightful financial information allowing for a more effective financial close. 

About OneCloud 

OneCloud provides insightful integration for EPM and BI technologies, enabling the automation and integration of key applications that exist on-premise and in the cloud. OneCloud is used by a range of leading businesses and can be used alongside other technology partners to deliver intelligent integration and automation for businesses.