Blackline Implementation to Automate Financial Close Process
A leader in the energy industry
Our client embarked on a mission to automate their financial close process by implementing Blackline.
The implementation was completed in just 5 months – a full 2 to 3 months ahead of schedule!
Project came under budget by 32%. But the real win for our client was the return on their investment, which came in at a staggering 3x.
Read on for more information on how we successfully delivered a positive outcome for our client.
Our client embarked on a mission to automate their financial close process by implementing Blackline. The scope of the project was vast, including the automation of intercompany balances, bank reconciliations, and the integration of complex accounting issues related to common energy-related commodities with 20 different entities and complex assets.
With the help of our team of experts, our client was able to realize an organized and integrated financial close process with ease using Blackline. The implementation was completed ahead of schedule, and under budget by 32%. But the real win for our client was the return on their investment, which came in at a staggering 3x.
At a time when efficiency and cost-effectiveness are more important than ever, our client’s successful implementation is a testament to the power of using the right implementation expertise for streamlining processes and achieving faster results.
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