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Manufacturing verified Verified Outcome TRL 9

Continuous Close & Account Reconciliation

domain Client: A diversified industrial company handshake Provider: BlackLine schedule Deploy: Q2 2019 (Standardization)
92 Impact
Enterprise Ready
Evidence Score: 5/10
Strength: High

Executive Summary

ANALYST: COI RESEARCH

To reduce the stress and delay of the financial close, the company automated its balance sheet reconciliations. Instead of using spreadsheets at month-end, the system matches transactions from sub-ledgers to the GL daily. Exceptions are flagged immediately, allowing for a 'Continuous Close' rather than a crunch at period end.

rate_review Analyst Verdict

"Moving from 'Record to Report' to 'Continuous Accounting'. Automation here removes the manual ticking-and-tying of high-volume accounts (cash, intercompany). It improves confidence in the numbers and allows Finance to report results to the Street days faster."

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Full Audit Report Available Includes Risk Register, Technical Specs & Compliance Data.

warning The Challenge

Global close took too long. Accountants spent weeks manually reconciling thousands of bank accounts and intercompany balances using Excel. Errors were often found late, risking restatements.

psychology The Solution

Deployed BlackLine globally. Configured auto-match rules for bank recs. Centralized task checklists for period-end visibility. Integration allows the system to post adjusting journals back to SAP automatically.

settings_suggest Technical & Deployment Specs

Integrations
SAP
Deployment Model
SaaS
Data Classification
Financial
Estimated TCO / ROI
Medium
POC Summary (2018-01-01 to 2019-01-01)

"N/A"

shield Risk Register & Mitigation

Risk Factor Severity Mitigation Strategy
Rule Maintenance Medium Annual review of auto-certification logic.
Data Interface Medium Daily scheduled connectors to SAP.

trending_up Impact Trajectory

Audited value realization curve

Automation of >50% of reconciliations Verified Outcome
Primary KPIReduction in days-to-close
Audit CycleElimination of thousands of spreadsheets

policy Compliance & Gov

  • Standards: SOX
  • Maturity (TRL): 9
  • Evidence Score: 5/10
  • Data Class: Financial

folder_shared Verified Assets

description
Verified Case Study
PDF • Version 1
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Technical Audit
PDF • Audited
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The "Blind Verification" Protocol

How we verified these outcomes for A diversified industrial company without exposing sensitive IP or identities.

Private
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1. Raw Evidence

Audit ID: #PRIV-940
Evidence: Direct SQL Logs
Public
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2. Verified Asset

Outcome: Verified
Ref ID: #COI-940

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