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BlackLine home page
Solutions
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BlackLine home page
Solutions
Solutions
Financial Close Management
Financial Close Management
Overview
Overview

FINANCIAL CLOSE MANAGEMENT

Close faster with complete and accurate results.

Empower Accounting to manage and control the end-to-end financial close process
by automating accounting workflows, providing a centralized and secure workspace
to perform period-end accounting activities, and streamlining financial
reporting.

Account Reconciliations
Account Reconciliations

ACCOUNT RECONCILIATIONS

Standardize, control, and streamline reconciliations.

Increase accuracy and efficiency across your account reconciliation process and
produce timely and accurate financial statements. Drive accuracy in the
financial close by providing a streamlined method to substantiate your balance
sheet.

Task Management
Task Management

TASK MANAGEMENT

Drive visibility, accountability, and control across every accounting checklist.

Standardize, accelerate, and centrally manage accounting processes – from
month-end close tasks to PBC checklists – with hierarchical task lists,
role-based workflows, and real-time dashboards.

Transaction Matching
Transaction Matching

TRANSACTION MATCHING

Match, analyze, and reconcile millions of transactions in minutes.

Streamline and automate detail-heavy reconciliations, such as bank
reconciliations, credit card matching, intercompany reconciliations, and
invoice-to-PO matching all in one centralized workspace.

Journal Entry
Journal Entry

JOURNAL ENTRY

Centralize, manage, and automate journal entries.

Create, review, and approve journals, then electronically certify, post them to
and store them with all supporting documentation. Automatically create,
populate, and post journals to your ERP based on your rules.

Financial Reporting Analytics
Financial Reporting Analytics

FINANCIAL REPORTING ANALYTICS

Control, validate, and streamline financial statement analyses.

Perform pre-consolidation, group-level analysis in real-time with efficient,
end-to-end transparency and traceability. Reduce risk and save time by
automating workflows to provide more timely insights.

Variance Analysis
Variance Analysis

VARIANCE ANALYSIS

Continuously monitor for risk with automated fluctuation analysis.

Calculate and identify account balance and activity fluctuations automatically
to continuously monitor for risk, ensure the effective and timely execution of
critical management review controls, and support agile decision-making.

Smart Close for SAP
Smart Close for SAP

SMART CLOSE FOR SAP

Simplify, standardize, and automate your financial close in SAP.

Streamline and automate activities in SAP with task scheduling and execution,
activity monitoring, and outcome verification.

Accounts Receivable Automation
Accounts Receivable Automation
Overview
Overview

ACCOUNTS RECEIVABLE AUTOMATION

Maximize working capital and release cash from your balance sheet.

Maximize working capital with the only unified platform for collecting cash,
providing credit, and understanding cash flow. Transform your accounts
receivable processes with intelligent AR automation that delivers value across
your business.

eInvoicing & Payments
eInvoicing & Payments

EINVOICING & PAYMENTS

Optimize efficiency and ensure compliance in your invoice-to-cash process with
automated invoice processing and a customer payment portal.

Cash Application
Cash Application

CASH APPLICATION

Apply customer payments to invoices automatically.

Transform your invoice-to-cash cycle and speed up your cash application process
by instantly matching and accurately applying customer payments to customer
invoices in your ERP.

AR Intelligence
AR Intelligence

AR INTELLIGENCE

Turn payment data into actionable, real-time intelligence.

Automatically process and analyze critical information such as sales and payment
performance data, customer payment trends, and DSO to better manage risk and
develop strategies to improve operational performance.

Collections Management
Collections Management

COLLECTIONS MANAGEMENT

Release cash from customers and reduce DSO.

Improve the prioritization of customer calls, reduce days sales outstanding, and
watch productivity rise with more dynamic, accurate, and smarter collection
management processes.

Credit & Risk Management
Credit & Risk Management

CREDIT & RISK MANAGEMENT

Create and operate risk polices with dynamic insights.

Understand customer data and performance behaviors to minimize the risk of bad
debt and the impact of late payments. Monitor changes in real time to identify
and analyze customer risk signals.

Team & Task Management
Team & Task Management

TEAM & TASK MANAGEMENT

Maximize your time with data-driven prioritization.

Make the most of your team’s time by automating accounts receivables tasks and
using data to drive priority, action, and results. Monitor and analyze user
performance, ensuring key actions quickly.

Disputes & Deductions
Disputes & Deductions

DISPUTES & DEDUCTIONS

Resolve customer disputes promptly to collect debt.

Accelerate dispute resolution with automated workflows and maintain customer
relationships with operational reporting. Unlock full control and visibility of
disputes and provide better insight into how they impact KPIs, such as DSO and
aged debt provisions.

Intercompany Financial Management
Intercompany Financial Management
Overview
Overview

INTERCOMPANY FINANCIAL MANAGEMENT

Unlock growth capacity with tax-effective intercompany operations.

Centralize, streamline, and automate end-to-end intercompany operations with
global billing, payment, and automated reconciliation capabilities that provide
speed and accuracy. Ignite staff efficiency and advance your business to more
profitable growth.

Intercompany Create
Intercompany Create

CREATE

Automate, optimize, and manage intercompany non-trade transactions.

Ensure consistent regulatory and tax compliance by automating non-trade
transactions and invoices while enforcing trading relationships and policies, as
well as required taxes and transfer pricing.

Intercompany Balance & Resolve
Intercompany Balance & Resolve

INTERCOMPANY BALANCE & RESOLVE

Centralize, streamline, and automate intercompany reconciliations and dispute
management.

Seamlessly integrate with all intercompany systems and data sources.
Automatically identify intercompany exceptions and underlying transactions
causing out-of-balances with rules-based solutions to resolve discrepancies
quickly.

Intercompany Net & Settle
Intercompany Net & Settle

INTERCOMPANY NET & SETTLE

Streamline and automate intercompany transaction netting and settlement to
ensure cash precision.

Enable greater collaboration between Accounting and Treasury with real-time
visibility into open transactions. Integrate with treasury systems to facilitate
and streamline netting, settlement, and clearing to optimize working capital.

By Organization Size
By Organization Size
Midsize Organizations
Midsize Organizations

BLACKLINE FOR MIDSIZE ORGANIZATIONS

Get set up quickly for a streamlined and automated close.

The path from traditional to modern accounting is different for every
organization. BlackLine’s Modern Accounting Playbook delivers a proven-practices
approach to help you identify and prioritize your organization’s critical
accounting gaps and map out an achievable path to success.

Large Enterprises
Large Enterprises

BLACKLINE FOR LARGE ENTERPRISES

Save time and cost, decrease risk, and elevate the organization.

BlackLine’s foundation for modern accounting creates a streamlined and automated
close. We’re dedicated to delivering the most value in the shortest amount of
time, equipping you to not only control close chaos, but also foster F&A
excellence.

By Industry
By Industry
Banking & Financial Services
Banking & Financial Services

BLACKLINE FOR BANKING & FINANCIAL SERVICES

Invest in your future by unifying and automating accounting work.

To sustain timely performance of daily activities, banking and financial
services organizations are turning to modern accounting and finance practices.
It’s no longer a matter of whether or not to digitally transform. It’s a matter
of when and how.

Consumer Products & Services
Consumer Products & Services

BLACKLINE FOR CONSUMER PRODUCTS & SERVICES

Adapt to changing consumer preferences with agile accounting.

To mitigate financial statement risk and increase operational effectiveness,
consumer goods organizations are turning to modern accounting and leading best
practices. Simply sticking with ‘the way it’s always been done’ is a thing of
the past.

Energy & Raw Materials
Energy & Raw Materials

BLACKLINE FOR ENERGY & RAW MATERIALS

Energize your accounting team by creating capacity with automation.

While you are innovating to produce safe, reliable, and sustainable products and
services, our solutions help accounting teams save time, reduce risk, and create
capacity to support your organization's strategic objectives.

Healthcare & Life Sciences
Healthcare & Life Sciences

BLACKLINE FOR HEALTHCARE & LIFE SCIENCES

Align healthcare accounting teams to revenue-driving activities.

Working capital, cash flows, collections opportunities, and other critical
metrics depend on timely and accurate processes. Ensure services revenue has
been accurately recorded and related payments are reflected properly on the
balance sheet.

Manufacturing
Manufacturing

BLACKLINE FOR MANUFACTURING

Unlock capacity and strengthen resilience by automating accounting.

To respond and lead amid supply chain challenges demands on accounting teams in
manufacturing companies are higher than ever. Guide your business with agility
by standardizing processes, automating routine work, and increasing visibility.

Retail
Retail

BLACKLINE FOR RETAIL

Tie out millions of transactions automatically.

Retailers are recalibrating their strategies and investing in innovative
business models to drive transformation quickly, profitably, and at scale. Save
time, reduce risk, and create capacity to support your organization's strategic
objectives.

Technology, Media & Communications
Technology, Media & Communications

BLACKLINE FOR TECHNOLOGY, MEDIA & COMMUNICATIONS

Transform the way you work.

You've transformed the way we experience the world. It's time to embrace modern
accounting technology to save time, reduce risk, and create capacity to focus
your time on what matters most.

See All Industries
By ERP
By ERP
SAP
SAP

SAP SOLUTIONS BY BLACKLINE

BlackLine is part of your SAP financial mission control center. Our solutions
complement SAP software as part of an end-to-end offering for Finance &
Accounting. BlackLine solutions address the traditional manual processes that
are performed by accountants outside the ERP, often in spreadsheets.

Oracle
Oracle

COMPANIES RUNNING ON ORACLE CLOSE FASTER WITH BLACKLINE

Global brands and the fastest growing companies run Oracle and choose BlackLine
to accelerate digital transformation. BlackLine delivers comprehensive solutions
that unify accounting and finance operations across your Oracle landscape.

Oracle NetSuite
Oracle NetSuite

BLACKLINE IS BUILT FOR NETSUITE

Gain global visibility and insight into accounting processes while reducing
risk, increasing productivity, and ensuring accuracy. Close the gaps left in
critical finance and accounting processes with minimal IT support.

Microsoft Dynamics
Microsoft Dynamics

AGILE SOLUTIONS FOR DYNAMIC ORGANIZATIONS

Adapt and innovate with a hyperconnected Accounting function and give everyone
the insights and freedom to thrive by connecting your data, processes, and teams
with intelligent automation solutions for accounting needs.

See All ERPs
By Topic
By Topic
Environmental, Social, and Governance
Environmental, Social, and Governance

ENVIRONMENTAL, SOCIAL, AND GOVERNANCE

ESG is an opportunity for F&A teams to have a direct impact on how their
organizations interact with the communities around them and how they deliver
value to their stakeholders.

Recruiting & Retaining Top Talent
Recruiting & Retaining Top Talent

RECRUITING & RETAINING TOP TALENT

Rising labor costs and shifting expectations are contributing to unprecedented
change in the labor market and altering the way companies and their executives
think about talent management.

Enabling an ERP Transformation
Enabling an ERP Transformation

ENABLING AN ERP TRANSFORMATION

ERP transformations are business transformations. Finance and accounting
expertise is not only needed to prevent ERP transformation failures, but F&A
leaders are poised to help drive project plans and outcomes.

CFO & CIO Collaboration
CFO & CIO Collaboration

CFO & CIO COLLABORATION

Finance and IT leaders share a common goal of equipping their organizations with
ways to work smarter to enable competitive advantage. This intersection between
CFO and CIO priorities is driving more unity in terms of strategy and execution.

F&A Transformation
F&A Transformation

F&A TRANSFORMATION

F&A teams have embraced their expanding roles, but unprecedented demand for
their time coupled with traditional manual processes make it difficult for F&A
to execute effectively. Transformation is necessary to address these challenges.

IPO Readiness
IPO Readiness

IPO READINESS

F&A leadership can have a significant impact by creating sustainable, scalable
processes that can support the business before, during, and long after the IPO.
This company-wide effort crosses multiple functional areas and is reinforced by
critical project management and a strong technology infrastructure.

Mergers & Acquisitions
Mergers & Acquisitions

MERGERS & ACQUISITIONS

Timely, reliable data is critical for decision-making and reporting throughout
the M&A lifecycle. Without accurate information, organizations risk making poor
business decisions, paying too much, issuing inaccurate financial statements,
and other errors.

Revenue Cycle Optimization
Revenue Cycle Optimization

REVENUE CYCLE OPTIMIZATION

The revenue cycle refers to the entirety of a company’s ordering process from
the time an order is placed until an invoice is paid and settled. The inability
to apply payments on time and accurately can not only lock up cash, but also
negatively impact future sales and the overall customer experience.

Regulatory Compliance
Regulatory Compliance

REGULATORY COMPLIANCE

While the responsibility to maintain compliance stretches across the
organization, F&A has a critical role in ensuring compliance with financial
rules and regulations. Together with expanding roles, new expectations from
stakeholders, and evolving regulatory requirements, these demands can place
unsustainable strain on finance and accounting functions.

Customers
Customers

CUSTOMER SUCCESS

Success Stories
Success Stories

CUSTOMER SUCCESS STORIES

In good company.

More than 4,300 companies of all sizes, across all industries, trust BlackLine
to help them modernize their financial close, accounts receivable, and
intercompany accounting processes.

View All Success Stories
FEATURED CONTENT
Success Story

BLACKLINE RETURNS $2.77 FOR EVERY DOLLAR SPENT

Community
Community

BLACKLINE COMMUNITY

Join an exclusive community of peers, partners, and BlackLine experts.
BlackLine users around the world gain access to a digital hub of insight,
information, and engagement that enables the exchange of ideas and leading
practices for peak F&A performance.

Learn More
FEATURED CONTENT
COMMUNITY PORTAL

LEARN, COLLABORATE, AND GET THE
HELP YOU NEED.

Services
Services
Overview
Overview

SERVICES

Guided, connected, and committed to your success.

BlackLine Services combine leading practices and expert guidance with
best-in-class technology to help your F&A organization seamlessly implement
sound processes and solutions, identify new opportunities for accounting
optimization, and expand into areas you never imagined you would have the time
to tackle.

Professional Services
Professional Services

PROFESSIONAL SERVICES

Build a foundation for world-class accounting.

Whether planning your first implementation or expanding your BlackLine platform,
leverage expert guidance to help you build and execute your vision, drive
unified, automated, and continuous accounting processes, and enable Finance and
Accounting to deliver strategic business value.

Training & Education
Training & Education

TRAINING & EDUCATION

Accelerate adoption and drive productivity and performance.

One of the critical success drivers for any software technology is effective
user training and adoption. Whether you are deploying for the first time or
creating a sustainable education program for maximum value creation, explore how
you can take the next steps to upskill your users.

Customer Success
Customer Success

CUSTOMER SUCCESS

Your success is our success.

From onboarding to financial operations excellence, our customer success
management team helps you unlock measurable value. Through workshops, webinars,
digital success options, tips and tricks, and more, you will develop
leading-practice processes and strategies to propel your organization forward.

Transformation Services
Transformation Services

TRANSFORMATION SERVICES

Go beyond with end-to-end transformation.

Powerful technology is only part of the story. Successful transformation
requires expert guidance from a trusted partner. Explore offerings that unlock
new transformation opportunities and make transformation a reality.

Global Support
Global Support

GLOBAL SUPPORT

World-class support so you can focus on what matters most.

BlackLine provides global product support across geographies, languages, and
time zones, 24 hours a day, 7 days a week, 365 days a year. We are here for you
with industry-leading support whenever and wherever you need it.

Resources
Resources
Events
Events

EVENTS

Connect with peers across Finance & Accounting.

Whether new to BlackLine or a longtime customer, we curate events to guide you
along every step of your modern accounting journey.

View All Events
FEATURED CONTENT
Event

BEYONDTHEBLACK LONDON

Upcoming Webinars
Upcoming Webinars

UPCOMING WEBINARS

Hear from F&A thought leaders and customers like you.

Explore our schedule of upcoming webinars to find inspiration, including
industry experts, strategic alliance partners, and boundary-pushing customers.
And, earn CPE credits while you're at it.

Learn More
On-Demand Webinars
On-Demand Webinars

ON-DEMAND WEBINARS

Catch up on the latest finance transformation guidance.

Check out our most recent webinars dedicated to modern accounting. If you
recently attended webinar you loved, find it here and share the link with your
colleagues.

Learn More
White Papers
White Papers

WHITE PAPERS

Dive into digital finance transformation.

Explore the future of accounting over a cup of coffee with our curated
collection of white papers and ebooks written to help you consider how you will
transform your people, process, and technology.

Learn More
FEATURED CONTENT
White Paper

12 KEYS TO FINANCIAL OPERATIONS EXCELLENCE

Blog
Blog

BLOG

Stay on top of the latest accounting trends.

BlackLine Magazine provides daily updates on everything from companies that have
transformed F&A to new regulations that are coming to disrupt your day, week,
and month. Check back often for the latest commentary and guidance.

Learn More
FEATURED CONTENT
Blog

EXPLORE THE LATEST IN F&A INNOVATIONS.

Accounting Glossary
Accounting Glossary

ACCOUNTING GLOSSARY

Brush up on key accounting terms.

Whether you're new to F&A or an experienced professional, sometimes you need a
refresher on common finance and accounting terms and their definitions.
BlackLine's glossary provides descriptions for industry words and phrases,
answers to frequently asked questions, and links to additional resources.

Learn More
FEATURED CONTENT
Guide

YOUR GUIDE TO KEY F&A TERMS AND DEFINITIONS.

Developer Portal
Developer Portal

DEVELOPER PORTAL

Integrate your accounting operations with open APIs.

Our API-first development strategy gives you the keys to integrate your finance
tech stack - from one ERP to one hundred - and create seamless data flows in and
out of BlackLine.

Learn More
FEATURED CONTENT
Guide

EXPLORE OUR APIS TO MAXIMUM INTEGRATION.

About
About
Company
Company
About BlackLine
About BlackLine

ABOUT BLACKLINE

Since our founding in 2001, BlackLine has become a leading provider of cloud
software that automates and controls critical accounting processes.

Companies come to BlackLine because their traditional manual accounting
processes are not sustainable. We help them move to modern accounting by
unifying their data and processes, automating repetitive work, and driving
accountability through visibility.

Learn More
Leadership
Leadership

LEADERSHIP

BlackLine's leadership team is built on experience and expertise. Every
executive is committed to ensuring transformational success for every customer.

Learn More
Diversity, Equity & Inclusion
Diversity, Equity & Inclusion

DIVERSITY, EQUITY & INCLUSION

At BlackLine, we live by these tenets and always put people first. We are
committed to fostering an environment where differences are valued and practices
are equitable.

Learn More
Environmental, Social & Governance
Environmental, Social & Governance

ENVIRONMENTAL, SOCIAL & GOVERNANCE

BlackLine is committed to doing our part to create a more sustainable and
equitable world, from setting high environmental standards in all BlackLine
workplaces to supporting employee health and wellbeing, building strong
relationships with suppliers from underrepresented communities, protecting
customers’ data security and privacy and giving back to the community. 

Learn More
In the News
In the News

IN THE NEWS

Explore original-content media coverage, commentary and analysis of BlackLine at
top-tier business, trade, local and vertical media outlets, as well as
contributed articles written by BlackLine experts and placed with leading media
organizations.

Learn More
Press Releases
Press Releases

PRESS RELEASES

Stay up to date on the latest corporate and high-level product developments at
BlackLine. Here you will find a one-stop resource listing recent and historical
news items, including announcement of new clients/partners, awards, new
offices/facilities, personnel appointments/ changes, major software
enhancements, executive speeches and upcoming events.

Learn More
Investors
Investors

INVESTORS

BlackLine is a high-growth, SaaS business that is transforming and modernizing
the way finance and accounting departments operate. Our cloud software automates
critical finance and accounting processes. We empower companies of all sizes
across all industries to improve the integrity of their financial reporting,
achieve efficiencies and enhance real-time visibility into their operations.

Learn More
Awards & Recognition
Awards & Recognition

AWARDS & RECOGNITION

In addition to accolades for the quality, performance and benefits of our
software, BlackLine has been the recipient of many industry awards recognizing
the fast growth of the company, outstanding achievements of members of the
management team and exceptional customer service.

Learn More
Careers
Careers

TAKE THE NEXT STEP IN YOUR CAREER.

Wondering what it's like to work at BlackLine? Don't take our word for it. We've
been voted Best Place to Work by Inc. Magazine four years in a row. Built in LA
ranks us in their top 20 best places to work in LA. Better still? We have
in-office and remote-work openings all over the world.

Explore Careers
FEATURED CONTENT
Explore

BE A LEADER. JOIN THE LEADER.

Partners
Partners
Overview
Overview

BLACKLINE PARTNERSHIPS

BlackLine Partnerships

Our global network includes leading consulting and technology organizations that
enable us to deliver exceptional solutions to our shared clients. Get acquainted
with our partner ecosystem.

Learn More
Business Process Outsourcers
Business Process Outsourcers

BUSINESS PROCESS OUTSOURCERS

Driving Automation with Your Outsourcing Provider

BlackLine partners with top global Business Process Outsourcers and equips them
with solutions to better serve their clients and achieve market-leading
automation, efficiencies, and risk control. By outsourcing, businesses can
achieve stronger compliance, gain a deeper level of industry knowledge, and grow
without unnecessary costs.

Learn More
Consulting Alliances
Consulting Alliances

CONSULTING ALLIANCES

Delivering Succesful Digital Transformations

Global and regional advisory and consulting firms bring deep finance domain
expertise, process transformation leadership, and shared passion for customer
value creation to our joint customers. Our consulting partners help guide large
enterprise and midsize organizations undergoing digital transformation by
maximizing and accelerating value from BlackLine’s solutions.

Learn More
Software & Cloud Partners
Software & Cloud Partners

SOFTWARE & CLOUD PARTNERS

Integrate Your Finance Tech Stack

BlackLine and our ecosystem of software and cloud partners work together to
transform our joint customers’ finance and accounting processes. Together, we
provide innovative solutions that help F&A teams achieve shorter close cycles
and better controls, enabling them to drive better decision-making across the
company.

Learn More
Solution Provider Partners
Solution Provider Partners

SOLUTION PROVIDER PARTNERS

Guiding Customers to Long-Term Success

BlackLine’s Solution Providers are experienced business software resellers who
know and understand the finance and accounting function and the associated
challenges that organizations face. They ensure our customers’ success with
BlackLine from the initial solution validation process through deployments and
long-term customer care and long-term success.

Learn More
SAP
SAP

SAP

Delivering an end-to-end solution for your financial close

BlackLine is an SAP platinum partner and a part of your SAP financial mission
control center. Our solutions complement SAP software as part of an end-to-end
offering for Finance and Accounting. BlackLine solutions address the traditional
manual processes that are performed by accountants outside the ERP, often in
spreadsheets.

Learn More

English
English
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IMPROVING QUALITY & GAINING REAL-TIME VISIBILITY

VEOLIA IS A GLOBAL LEADER IN OPTIMIZED RESOURCE MANAGEMENT. WITH OVER 174,000
EMPLOYEES WORLDWIDE, THE COMPANY DESIGNS AND PROVIDES WATER, WASTE, AND ENERGY
MANAGEMENT SOLUTIONS THAT CONTRIBUTE TO THE SUSTAINABLE DEVELOPMENT OF
COMMUNITIES AND INDUSTRIES.


THE CHALLENGE

In 2013, Veolia North America created a shared services center for its three
primary businesses: energy services, water services, and environmental services.
Yet while this new approach reduced costs and streamlined workflow, it didn’t
address one of the accounting group’s biggest challenges.

“We were still using Excel spreadsheets to manage reconciliations,” says Julie
Egan, senior director of general ledger at Veolia North America. “We had
financial analysts out in the field trying to verify reconciliations via a
shared drive. They were very frustrated with the time it took to find files, as
well as the lack of visibility.” In fact, visibility was so lacking that the
accounting group missed an entire bank reconciliation for five months. “One
person thought the other person was doing it and vice versa. It was a total miss
because it simply wasn’t visible to the rest of us.”

Veolia’s continued reliance on shared drives also increased risk and left the
company vulnerable to auditor inquiries. “The drives were open to such a huge
group of people. We were continually worried about information being
accidentally deleted or moved,” says Egan. “Plus, we were failing internal
control group testing because sometimes recs couldn’t be found. It was very
disorganized.”




WHY BLACKLINE

Egan and her team knew they needed a solution that would increase visibility,
improve organization and control, and enable standardization. “One of my staff
had used BlackLine in a previous job. I hadn’t even heard of an automated
solution for reconciliations. I did some research and says, ‘We have to have
this!’ I put together a proposal, and we were able to add it to the budget.”

However, numerous delays kept Veolia North America from implementing a
reconciliation solution for three long years. “In 2013, we were starting the
process of switching from PeopleSoft to SAP, which changed who had control over
interfaces. That was the first delay,” says Egan. “In 2014, Veolia decided they
wanted to do an implementation throughout the whole company. Then someone
decided they didn’t want to implement as a company-wide project. At that point,
we started over.”

In 2015, Egan and her team finally received the go-ahead to implement a
solution—a platform from a BlackLine competitor—but they were delayed yet again.
“We were pretty far along in implementation when our SAP people said they didn’t
like how the solution was connecting to SAP. When we found out BlackLine
integrated automatically with SAP, we decided to switch.”

Veolia rolled out BlackLine’s finance controls and automation platform in mid
2016. “We were always convinced that BlackLine was the better platform, but we
had made our original decision based on price,” says Egan. “The competitor’s
solution was less expensive, yet during implementation we discovered it was just
pieces slapped together. BlackLine proved to be far more integrated and
intuitive.”




THE RESULTS

Freed staff to focus on improving quality. By reducing their use of
spreadsheets, the team has more time to work on quality issues. “Because of the
visibility within BlackLine, I’m seeing that some of our past reconciliations
were basically just a listing of transactions or balances by profit center,
which isn’t meaningful at all,” says Egan. “My goal now is to address our
quality issues. In time, that’s going to enable us to realize even more time
savings with BlackLine.”

Created one location for reconciliations and supporting documentation. Prior to
BlackLine, reconciliations were stored on shared file drives, a practice that
resulted in lost documentation and awkward audit inquiries. “With BlackLine, we
now have a tool where everything is in one place. The supporting documentation
is right there. Anyone can look at it,” says Egan. “And because approvals are
systematic, we never have to ask if a reconciliation was approved. It’s all in
BlackLine.”

Gained real-time visibility. BlackLine’s dashboard gives both the team and
Veolia’s leadership immediate insight into the status of reconciliations. “Now
that I have this awesome dashboard, I’m able to drill into any reconciliation,”
says Egan. “I can also see how individuals are progressing.”

Standardized reconciliations. Previously, each group performed reconciliations a
little bit differently. “The corporate office had five or six ways of
reconciling an account. With BlackLine, everyone is now using the same
reconciliation template,” says Egan. “We’ve already made huge strides with
BlackLine. Our big things were visibility, organization, and standardization,
and we’re definitely getting there.”



INDUSTRY

Consumer Services

ERP

SAP

REGION

Global

COMPANY SIZE

Enterprise

BUSINESS IMPACT

 * Freed staff to focus on improving quality

 * Created one location for reconciliations and supporting documentation

 * Gained real-time visibility

 * Standardized reconciliations

Read Their Success Story

Don't take our word for it.
Request a customer reference.

In many cases we can connect you with a current customer for first-hand feedback
on their experience with BlackLine.

Request a Reference

SOLUTIONS

FINANCIAL CLOSE MANAGEMENT

 * Account Analysis
 * Account Reconciliations
 * Compliance
 * Consolidation Integrity Manager
 * Journal Entry
 * Modern Accounting Playbook
 * Smart Close
 * Task Management
 * Transaction Matching
 * Variance Analysis
 * Financial Reporting Analytics

ACCOUNTS RECEIVABLE AUTOMATION

 * eInvoicing & Payments
 * Cash Application
 * AR Intelligence
 * Collections Management
 * Credit & Risk Management
 * Team & Task Management
 * Disputes & Deductions

INTERCOMPANY FINANCIAL MANAGEMENT

 * Intercompany Create
 * Intercompany Net & Settle
 * Intercompany Balance & Resolve

RESOURCES

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