BlackLine

The case study on Trivium Packaging highlights how the company, a leader in innovative and sustainable packaging solutions, transformed its finance operations by implementing a shared service center. This move was essential for improving efficiencies, standardizing processes, and reducing costs. Trivium faced challenges with a decentralized and inconsistent reconciliation process, which was time-consuming and lacked visibility.

To address these issues, Trivium implemented BlackLine's Account Reconciliations and Task Management solutions. This centralisation allowed for real-time data access, reduced risk, improved accountability, and increased visibility. The use of BlackLine enabled Trivium to stay compliant with internal controls, track reconciliation completeness, and manage tasks effectively, leading to a more efficient and transparent financial close process.

G4S, a global security firm, highlights in this case study how they improved efficiency and visibility in its financial processes by implementing BlackLine's financial automation solutions. Faced with manual and error-prone accounting processes, G4S leveraged BlackLine to automate tasks such as invoice processing and journal entries, resulting in significant time savings and enhanced accuracy. The integration with SAP and the intuitive ease of use of BlackLine facilitated swift adoption and minimised training needs. The case study emphasises the benefits of automation in reducing manual work, improving data accuracy, and optimising resource allocation.

The case study on Dentsu’s implementation of BlackLine highlights how the global media and advertising company standardized its reconciliation processes across 64 countries. Faced with challenges due to using 50 different ERPs and a highly manual, spreadsheet-driven close process, Dentsu leveraged BlackLine's financial automation solutions to increase visibility, simplify audits, and save time. The implementation led to significant improvements, including the automation of 80% of reconciliations and a consistent reconciliation process across all entities. The case study also emphasises the importance of technology in achieving a more efficient and transparent financial close process.

Aetna's implementation of BlackLine highlights how the health insurance company transformed its financial processes by centralising work within a center of excellence. Faced with outdated technology and manual processes, Aetna leveraged BlackLine's financial automation solutions to streamline accounting, improve quality, and free up resources for more value-added work. The implementation led to significant improvements, including the automation of reconciliations, strengthened controls, and reduced risk. The case study also emphasises the importance of a strategic partnership with BlackLine and fostering a culture of continuous innovation and improvement.

Anglo American's implementation of BlackLine highlights how the mining company achieved significant improvements in compliance, standardisation, and efficiency in its financial processes. Faced with challenges due to the scale of its operations, Anglo American leveraged BlackLine's financial automation solutions to streamline its record-to-report (R2R) processes across six continents. The implementation led to rapid results, including the automation of 60% of reconciliations within a month, and enabled continuous financial transformation. The case study also emphasizes the importance of the right technology, process, and people in achieving successful financial transformation.