"Previously, all account reconciliations were saved on local networks across the globe, and often shared only within the same business unit meaning collaboration between business units was infrequent, and assurance of consistency or visibility across the group was limited."
“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.”
“The future of finance is having structured processes. If you have processes in place, the figures produced will allow management to make dependable decisions for the business."
"With BlackLine, we now have a platform where everything is in one place. The supporting documentation is right there. Anyone can look at it. And because approvals are systematic, we never have to ask if a reconciliation was approved. It’s all in BlackLine."
"Our annual closing is three weeks faster. With Smart Close, we can work more efficiently by managing by exception."
"I feel so much more comfortable looking at the numbers in BlackLine, versus looking in the binder, flipping through hard copy pages. With BlackLine, I see everything in real time."
"We’re competing with 200 plants across the country, and we’re all trying to produce fuel at the lowest cost. We have to be vigilant about our cost structure, and any new tools or processes must either make our work more efficient or more effective."
“I tell small companies about how they can also use BlackLine, even if they’re not using a big ERP. They could save so much time. It’s my sales pitch!"
"BlackLine enables us to spend more time looking at problems instead of processing data. And managers are so pleased to have their evenings back."
"We spent significantly less time on administrative tasks, and are able to focus on completing our testing and adding more value to the company."
"As a global organization, having visibility to the entire balance sheet is a need. The more global we became, the more oversight we needed into the chart of accounts. We were looking for process efficiency around balance sheet control, preparation, and reconciliation."
"After setting up our shared service network in 2010, we shifted our focus to improving and maximizing efficiency. Several parts were identified, including streamlining and consolidating accounts payables and automating customer and general accounting. Overall, we wanted to improve and standardize all our reconciliations and internal control operations. In other words, our goals were to standardize our accounting processes through automation, strengthen internal controls, accelerate the monthly close, and ultimately, improve the relationship between the SSC’s and our customers."
"BlackLine has reduced our risk as everything is now in the same format so we don’t need to jump between spreadsheets all set up differently to access what we need."
“People are resistant to change, but getting in front of people early to get their buy-in was helpful. We were able to stay under budget and on time, and hit all our milestones.”