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7 Reasons AR Is Important to the Office of the Controller

From ensuring balance sheet integrity to balance sheet optimization, the Controller is no longer solely focused on making sure the numbers stack up. That is a given, and their role has now evolved into a forward-looking chief value extractor, driving technological change, good governance, and a bias for action on future revenue streams and investment returns. Accounts receivable and the underlying processes impact a number of the company’s key financial statements: balance sheet—debtors number, statement of cashflows, and income statement (profit and loss account).

Therefore, with the current focus on working capital optimization, the management of debtors has never been more in focus than today. BlackLine is the indispensable platform for the controller. This white paper covers the seven reasons why AR automation is high on the agenda for controllers today, and how to drive value in these key areas.