Tuesday, July 20, 2021
The partnership involving BlackLine, the Woodland Hills accounting program developer, and Kyriba offers improved abilities for mutual customers via built-in solutions that will accelerate bank connectivity, improve funds visibility and allow larger automation for the money near and accounts receivable capabilities, the providers reported in a launch.
Mel Zeledon, senior vice president of channels and alliances at BlackLine, said that BlackLine offers Kyriba customers with items that give treasury teams actual-time, trusted and details-backed analytics to automate lender reconciliation and other essential fiscal close and accounts receivable procedures.
“At the very same time, BlackLine consumers can now leverage Kyriba’s comprehensive network of global banking relationships to streamline lender connectivity,” Zeledon explained in a statement. “The digitalization of the finance and accounting tech-suite is accelerating and our partnership with Kyriba is an interesting illustration of how very best-of-breed remedies can produce speedy strategic gains.”
Shares of BlackLine (BL) shut Tuesday up $1.65 or about 1.5 percent, to $113.15 on the Nasdaq, on a working day when that market shut up 1.6 per cent.
