Global IT, consulting and business process services company, Wipro, has partnered with Enhanced Finance Controls and Automation (EFCA) software company, BlackLine.
As part of this partnership, Wipro will offer BlackLine's platform of financial software solutions, encompassing Financial Close Management, Intercompany Hub, Reconciliation Management and Controls Assurance delivered as a Cloud-based service, to finance and accounting organisations.
Wipro and BlackLine will also partner in projects and initiatives with the goal of delivering value to its clients and supporting them globally.
BlackLine chief strategy officer, Mario Spanicciati, said this will open the doors for the next generation of finance delivery models for shared service centers or retained organisations.
“The combination of Wipro’s consulting expertise and global reach with BlackLine’s solutions for automated finance controls and automation will help drive a tremendous market opportunity for both companies,” he claimed.
Wipro business process services global business head of corporate business services, Venkataraman Mahadevan, said this partnership will help drive change and standardisation across people, processes, data, technology tools and the quality of financial reporting for its clients.
“The BlackLine suite of finance controls and automation products provides a platform for our client organisations to support and lead the business improvement and process simplification objectives for their finance and accounting operations.
"The Wipro and BlackLine partnership presents a synergy that will allow clients to leverage the strengths of BlackLine’s technology coupled with Wipro's experience and capability in consulting and business process services to transform the finance function of their organisations," he said.