Horváth, a leading global management consulting company, today announced an expanded agreement with accounting automation software leader BlackLine. With a focus on performance management, the close process and the underlying transactions that power every business, Horvath and BlackLine are extending their Europe alliance to include the US market.

The association will further combine Horváth’s deep knowledge of SAP and Finance Transformation with BlackLine’s leading software and technology, designated as “Solution Extensions” or SOLEX by SAP, to extend and improve upon SAP’s award-winning ERP software.

“Horvath has a long and storied history in Europe and a unique perspective in linking performance management to business process,” said Michael Otto, BlackLine vice president of Strategic Alliances. “We’re excited to work with them in bringing innovative solutions, built around BlackLine, to customers, especially during challenging times when our customers are looking for better ways to manage their businesses.”

BlackLine is a leading global provider of cloud software that automates and controls financial close and other key accounting processes. SAP Financial Close Solutions by BlackLine and SAP Intercompany Governance by BlackLine areSAP Solution Extensions that complement functionality provided by SAP ERP Financials and SAP S/4HANA®.

“BlackLine continues to innovate and improve, and they have moved into broad areas beyond the basic close process,” said Tony Klimas, president of Horváth USA. “Their ability to streamline not only reconciliations and transactions, but the actual business process itself, is highly valued by their customers and we’re excited to bring our knowledge around performance management into this mix, especially in the SAP space where BlackLine is a designated SAP solution extension.”