Technology
BlackLine Launches Studio360 Platform
The Studio360 platform reduces system and data complexity and enables real-time insights for accounting and finance teams.
Nov. 21, 2024
Accounting and finance automation solutions provider BlackLine has unveiled the BlackLine Studio360 Platform, which unifies financial operations at scale, streamlines processes, and delivers actionable insights across all financial functions.
Designed for accounting and finance professionals, the Studio360 Platform includes five key components—Integrate, Orchestrate, Visualize, Blueprint, and Control—each built to address the complexities facing the office of the CFO, BlackLine said in a media release on Nov. 21.
- Studio360 Integrate: Flexible capabilities for unifying, cleansing, and transforming data through pre-built connectors and APIs, ensuring a single source of truth for finance and accounting teams.
- Studio360 Orchestrate: Seamlessly connects BlackLine applications, ERPs, and other financial applications (e.g., procurement, payroll, treasury) with real-time tracking and event-based scheduling.
- Studio360 Visualize: Real-time, AI-powered insights, anomaly detection, exception handling, and KPI monitoring through customizable dashboards and reports, enabling fast, data-driven decisions.
- Studio360 Blueprint: An extensive library of process design templates, grounded in customer-informed industry best practices and updated by BlackLine and its partners, accelerating deployment and enhancing transformation outcomes.
- Studio360 Control: A centralized hub to manage financial data hierarchies, policies, and certifications to strengthen governance and risk management.
Each component of Studio360 uses the latest in data connectivity, security, and automation to bring new levels of productivity and efficiency to finance and accounting teams while ensuring critical accuracy for compliance and reporting, BlackLine says.
“Studio360 is the new gold standard for digital finance transformation,” Therese Tucker, co-CEO and founder of BlackLine, said in a statement. “Studio360 reflects BlackLine’s two-decade commitment to empowering the office of the CFO with innovative, customer-driven solutions. Studio360 offers our customers an accurate, efficient, and intelligent approach to financial operations that gets them future-ready.”
Enhancing the Studio360 data capabilities is a new strategic partnership with Snowflake, a leading data cloud provider. By integrating Snowflake’s data cloud with BlackLine’s Studio360 platform, accounting and finance teams gain data scalability, security, and speed. This integration supports real-time data sharing, scales to handle billions of transactions, and empowers CFOs to drive higher operational performance, BlackLine says.
“Studio360 is more than a platform—it’s the next step in empowering CFOs and finance leaders to achieve operational excellence in a fast-paced, data-driven world,” said Jeremy Ung, BlackLine chief technology officer. “Its power lies in transforming data and mapping processes across multiple workstreams to provide real-time insights into financial health and enable informed decision-making. Our infrastructure unifies customers’ financial operations, offering a comprehensive view of every process, no matter the data source. Our integration with Snowflake further enhances Studio360, giving customers secure, scalable data connectivity that unifies their entire financial ecosystem for a seamless, end-to-end experience.”