Project: Reconciliation Improvement

Client: Agribusiness and Energy

Project Overview & Objectives:

A Fortune 100 diversified global energy and agribusiness engaged Clearsulting to:

  • Create visibility over the reconciliation process and substantiation of balances
  • Establish and standardize account reconciliation controls
  • Create process efficiencies and drive automation around reconciliations

The Clearsulting Delivery / Value

  • Implemented standard reconciliation processes spanning 300 users globally including: the Americas, Europe, and APAC.
  • Established scalable and leading practice reconciliation process and policy.
  • Successful implementation of the BlackLine Account Reconciliation module:
  • • Created visibility over the reconciliation process globally: timeliness, completeness, and quality

    • Significantly decreased the total time to perform close and reconciliations (increased analysis)

    • Developed and delivered training to 300 users across all BlackLine roles utilized by the client

    • Drove automation of 80% of total account reconciliations

  • The team at Clearsulting has created a unique culture focused on creativity, enthusiasm, and collaboration since we opened our doors in 2015. Please contact us to learn more about our team and the services we offer. We look forward to speaking with you!