THE BOTTOM LINE
A long-time BlackLine customer deployed additional capabilities to improve its account reconciliation and journal entry processes. Through a phased implementation, the company streamlined and automated multiple parts of its monthly close. Leveraging BlackLine’s automated journals, rules-based administration, reconciliation, and certification, the company was able to reduce the administrative burden and increase the efficiency of its accounting personnel.
Payback: 5 months
Average annual benefit: $241,175