IBM Process Excellence (PEX) for Journals and Reconciliations using Blackline
Transform journal entry and reconciliations using Blackline
IBM PEX for Journals and Reconciliations uses a proprietary IBM Process Excellence framework to help transform the journal entry and reconciliation process using Blackline. It provides first-time right, and lead-time insights to identify blocks within the workflow for further workflow improvements. Finance Managers are able to benchmark and continuously improve the process over time.
This is where IBM and Celonis Combine their Strengths:
Process improvements to improve first-time right and lead times.
Understand where the automation rate is lower and drive improvement across the workflow.
Features & Capabilities
The foundation for the Executive Management dashboard is a proprietary IBM Process Excellence framework that categorizes KPIs by Efficiency, Experience and Compliance. It provides Executives and Management with an easy to read, quick view of KPI achievement.
The Trends Overview Analysis provides the development of KPIs over time and helps in immediately identifying the performance deviations and cyclicity of KPIs. It can provide clues into areas for root cause investigation.
The Overview Dashboard provides a compilation of results over time across key dimensions and categories. This allows managers to spot trends and possible relationships between categories.
The First Time Right analysis reveals execution gaps in cases that are rejected. Managers can drill down into the root cause of why these instances happen. Understanding the reasons for rejections helps to improve the first time right %.
First Time Right analysis reveals execution gaps into cases that are decertified. It enables teams to drill down into the root cause of why these instances happen.
Contact the Partner
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