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"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."

THE CHALLENGE

Odido (aka T-Mobile Netherlands), a prominent player in the Dutch
telecommunications industry, faced a significant challenge in reconciling their
accounts efficiently. Thomas Kick, an accounting specialist at Odido, identified
a critical issue—the lack of a comprehensive overview of the accounts that
needed reconciliation. The absence of this crucial information hindered their
ability to address potential issues and identify opportunities and risks within
their balance sheet. With multiple Excel sheets scattered across network drives,
there was no centralized platform to consolidate this vital financial data. This
lack of control left Odido in the dark about where to focus their efforts for
improvement.

WHY BLACKLINE

Recognizing the pressing need for a solution, Odido turned to BlackLine. The
software offered a comprehensive solution that provided the organization with a
complete picture of their reconciliation processes. BlackLine's platform not
only centralized the reconciliation data but also facilitated ownership
assignment for different segments of the balance sheet. This crucial step
empowered individuals with a sense of responsibility, motivating them to go the
extra mile in addressing potential issues and uncovering opportunities and
risks. Additionally, the partnership with BlackLine was characterized by a quick
response time and robust support, instilling confidence in the Odido team that
they could rely on timely assistance in case of any unexpected issues.

THE RESULTS

 * Clarity and control over financial processes. Thanks to the comprehensive
   overview of accounts for reconciliations through BlackLine, Odido has clarity
   and control over their financial processes.

 * Streamlined reconciliation procedures. Odido replaced their scattered Excel
   sheets with a centralized platform where everything was organized and
   accessible.

 * Enhanced accountability. Centralizing the accounting process created
   accountability and led to a more robust financial control framework.

 * Increased confidence in decision-making. Ownership assignment for different
   balance sheet segments motivated individuals to address potential issues and
   uncover opportunities in real-time.

1:43

T-MOBILE NETHERLANDS


Industry

Telecommunications


ERP

SAP R/3


Region

Global


Company Size

Enterprise


Business Impact

Clarity over financial processes

Streamlines reconciliation procedures

Improved efficiency

Enhanced accountability

Increased confidence in decision-making.

--------------------------------------------------------------------------------



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