BLACKLINE FOR CONSUMER PRODUCTS & SERVICES
Centralizing, standardizing, and automating up to 97% of accounting work
We were looking for a holistic solution… the solution had to extend beyond account recs. We wanted to make sure the solution was something that Finance could own.”
The modern consumer has access to unlimited choices and an abundance of information. Buyers expect a convenient experience with products that align to their values.
Consumer products and services accounting teams must adapt to help respond to rising expectations. Modern accounting can help accounting teams save time, reduce risk, and create capacity to support their organizations’ strategic objectives.
See why leading companies like Energizer and PepsiCo trust BlackLine for financial close automation, visibility, and control.
John Zimmerman
Director of Financial Data Systems
Modern accounting use cases for consumer products and services companies
Match data between purchase order, order fulfillment, and cash receipt
Centralize and standardize shared services tasks, controls, and journal entries
Automatically calculate customer rebates earned and reconcile to sales rebate data
BlackLine is the Leader in G2’s Financial Close Software Grid
“Pre-BlackLine, everything was very scattered. We didn’t have a centralized area and there’s a lot of roll-forward, that minutiae of doing reconciliations that we were focused on. Now, we get to focus on the fun parts of Accounting.
Michael Hubbard
Manager, Finance Innovation & Transformation
“As we move from manual reconciliations and gain better monitoring of month-end close tasks, we have far more time to spend on value-added activities, such as analyzing data and preparing additional reports.
Barbara Błaszczyk
Head of Finance Operations
Tate and Lyle
“When I think of BlackLine, seamless, transparent, greater visibility, and increased control are all words that come to mind..
Eamonn Matthews
Controllership Global Process Owner
With BlackLine, we now have a platform where everything is in one place. The supporting documentation is right there. Anyone can look at it. And because approvals are systematic, we never have to ask if a reconciliation was approved. It’s all in BlackLine.”
Julie Egan
Vice President, Finance Shared Services
The value of accounting automation
97%
journal entry automation
225%
return on net assets
50%
reduction in time spent on reconciliations
BlackLine returns $2.77 for every dollar spent
Additional Resources
BlackLine for Consumer Goods
Discover why modern accounting is critical to adapting to changes in the consumer products industry.
Sweet Success for the Hershey Company
Hear how the Hershey Company embarked on their finance transformation with SAP Central Finance and BlackLine.
BlackLine Solutions for SAP Consumer Products Customers
Learn about SAP’s solution extensions by BlackLine for consumer products customers, including challenges, top use cases, results, and more.