“Pre-BlackLine, everything was very scattered. We didn’t have a centralized area and there’s a lot of roll-forward, that minutiae of doing reconciliations that we were focused on. Now, we get to focus on the fun parts of Accounting.”
“Knowing that my staff has more efficiencies and that we can cross-train them and make them a stronger team is really important to me. That’s been the intangible return on our investment with BlackLine.”
“BlackLine Intercompany Hub has been an absolute game changer. We no longer have to worry about whether an invoice generated in company A has been picked up in company B. It happens automatically.”
“You wouldn’t know if a reconciliation had been completed until you pulled a folder out of the file cabinet and looked to see if it was signed—and if it still tied to the trial balance. It was quite a process.”
“It also made it difficult to standardize our processes and procedures across the organization, especially as we rely on several different ERPs.”
“When I first started with the bank, daily reconciliations weren’t even being done in Excel. Accountants were making notes on statements when transactions cleared."
“I really value the visibility of other metrics inherent in Cash Application. Not only can we track match rates over time, but we have visibility into data we didn’t have under our old process."
“We had no centralization and little standardization. Plus, we were always adding more bank accounts, more reconciliations, and more manual cash postings and transactions. It was taking credit controllers up to two hours to post transactions. That was time spent doing manual work that could have been spent chasing debt.”
"BlackLine’s ease of use and capacity for swift deployment stood out as UNFCU evaluated technologies in the finance automation space. We started looking for a solution to get us out of paper, and luckily, we found BlackLine, It was much easier than any of the other solutions. It was a much shorter timeframe to get us up and running and to get to where we needed to be.”
"My biggest struggle in [Odido] was that actually we didn't have a complete overview of how many accounts we needed to reconcile, and BlackLine gave us that complete picture."
“Our processes were highly manual and weren’t scalable, We’d maxed out our spreadsheet capabilities.”
“We invited a broad group, including our CEO and the leader of IT, to work with us during implementation. We wanted everybody’s input. This was one project we knew we couldn’t do alone."
“We were printing remittances and sorting them into piles on people’s desks based on value. We allocated payments manually via our CRM by distributing cash allocation batches to individuals, and they would sift through the remittance pile for the corresponding payment value, It was an unsustainable, costly, and inefficient use of our resources.”
“Over the past few years, our customer base has increased substantially, as has account complexity. I think that if we hadn’t implemented BlackLine, we would have had to double our existing staff just to keep up.”
“The GBS provides the services for Finance, HR, and IT, My role is to harmonize processes across all the different units.”