Verity offers a number of proven AI functions-from agent-based experiences to intelligent findings-to create a new digital workforce for the office of the CFO.
BlackLine, Inc. (Nasdaq: Bl) today gave the introduction of Verity known, a comprehensive suite of AI functions that provides financial and accounting teams a new digital workforce from integrated, verifiable AI. Building on the proven basis of the Studio360 platform from Blackline And its uniform data layer guarantees verity process integrity, accelerates the problem solving and provides intelligent knowledge for the financial department.
“Many are wondering how generative AI will affect corporate software. Our answer is clear: your potential can only be fully exploited if it is based on an uncompromising basis of data integrity and trust,” said Owen Ryan, Co-CEO and Blackline CEO. “What Blackline really distinguishes is our unshakable commitment to this principle, which puts us in a unique position to lead the AI revolution in finance. With Verity, we offer financial specialists a AI that you can trust-powerful, transparent, verifiable and specially tailored to the requirements of the CFO offices.”
The basis for trustworthy AI
Verity – from the Latin word for “truth” – is characterized by three basic columns:
- The control level for AI: Blackline offers centralized governance, verifiability and transparency that companies need for the safe operation of AI models-a decisive function for financial transactions.
- A uniform platform as the only source for AI truth: In contrast to isolated point solutions, the studio360 platform from Blackline and its uniform data level, that of Snowflake is supported as the only source of AI truth. This gives Verity a comprehensive overview of the entire F&A landscape and can thus make safer and more intelligent decisions.
- Decades of process knowledge as a blueprint for AI: Blackline has kodified more than two decades of leadership experience and best practices of over 4,400 customers in the nuclear logic of his AI. These blueprints serve as a reference model of the industry for financial transactions and give the AI of Blackline an unsurpassed intelligence that makes their automation more intelligent and effective than any general tool.
The new digital workforce for finance
Verity stands for the comprehensive range of AI functions of Blackline, which are integrated into the Studio360 platform as well as the solutions “Record-to-Report” and “Invoice-to-Cash”. Verity was developed to deliver practical, reliable and verifiable AI. It automates complex processes, provides profound analytical knowledge and relieves financial and bookkeeping experts from repeating tasks.
The heart of this new digital workforce is Verathe head of the KI-Teamsthat leads and coordinates a team of specialized agents. Vera acts as a central point of contact for financial and accounting experts and enables you to coordinate complex work processes, assign tasks and to check the work of your entire agent team. Vera is more than just an interface, it is the supervisor for her digital workforce and makes cooperation between people and AI seamlessly, strategically and completely verifiable.
Verity offers a comprehensive suite of functions that creates a new digital workforce for the CFO’s office.
- Agentic Experiences -uses an agent-based workforce to manage complex end-to-end workflows, and acts as an expansion of the finance team. These digital employees are controlled and managed via Vera, whereby the users keep the complete overview and control.
- Intelligent insights and proactive analyzes – converts raw financial data into future -oriented guidelines, from predictive forecasts to proactive risk detection.
- Process automation of the next generation -expand the core solutions of Blackline with a new intelligence level to manage extensive, complex processes at higher speed and accuracy, for example through AI-based comparison and intelligent data acquisition.
- Automated content creation and summary – Optimizes manual work steps through the creation of reports and the preparation of large amounts of financial data and documents to clear, implementable results.
“Blackline differs in that it provides the indispensable application and control layer that makes powerful AI checkable, trustworthy and indispensable for companies,” said Jeremy, Chief Technology Officer at Blackline. “Our vision is to enable future-proof financial transactions through agent-based AI who go beyond automation and enables customers to anticipate, decide and act faster. With trustworthy partners like Google Cloud, we combine the leading Gemini models from Google with our unsurpassed governance and process competence.”
“We are very happy about the partnership with Blackline to promote innovations with Google Cloud’s generative AI,” said Rodrigo Rocha, Managing Director for Global ISV partnerships at Google Cloud. “By integrating Google’s AI functions into Blackline’s platform, common customers can complete their books faster and with greater certainty and gain strategic findings from their financial data.”
Leading in the future of trustworthy AI
Blackline creates a new world of work in which people and AI work as a single, uniform team. The uncompromising commitment of Blackline for data integrity forms the trustworthy basis for this new digital workforce and ensures that it is coordinated and checked with the same strict as every team member. This enables financial and bookkeeping experts to control their financial transactions with a strategic foresight and to design a future with unprecedented accuracy and control.
To learn more about Blackline’s AI functions and how to support future-proof financial processes, visit https://www.blackline.com/why-blackline/blackline-ai/.
Information on Blackline
Blackline (Nasdaq: BL), the future -proof platform for the CFO office, drives digital transformation in finance by supporting companies with precise, efficient and intelligent financial processes.
The comprehensive studio360 platform from Blackline covers business-critical processes, including record-to-report and invoice-to-cash. It enables uniform and precise data, optimized processes and real-time views through transparency, automation and AI. The proven, collaborative approach from Blackline ensures continuous transformation that brings immediate effects and sustainable benefits. With a proven track record in terms of innovation, industrial investments in research and development as well as first -class security measures, more than 4,400 customers from various industries work with blackline to lead their companies into the future.
You can find more information at blackline.com.
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