Project: BlackLine Tasks & Corporate Accounting Org. Design

Client: Automotive Company

Project Overview & Objectives:

A Fortune 500 chemicals company spun off an automotive business unit in the spring of 2017. In the fall of 2016, the Corporate Accounting, Internal Audit & Tax functions of the new company engaged Clearsulting to help stand up the corporate accounting function. Goals of this project were to:

  • Define standard corporate accounting process framework and develop future state processes
  • Implement the BlackLine tasks module for corporate accounting processes
  • Redesign and standardize key controls across the organization, leveraging the tasks module to enable electronic sign-off

The Clearsulting Delivery / Value:

  • Successfully implemented the BlackLine tasks module:
  • • Provided a baseline to prepare the team for future standardization

    • Created global visibility for corporate accounting leadership

    • Established and standardized key controls across the organization

    • Implemented 100% electronic key control validation and sign-off structure

  • Delivered a transformation roadmap of 20+ initiatives to help drive efficiencies across the finance/accounting organization and enable internal audit efficiencies.
  • 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!