Some clients, like White Lodging Services, offer a shared service center for hotels, which works very well with BlackLine’s Software-as-Service (SaaS) delivery model. BlackLine configured the application with a hierarchical structure and complete entity segregation, so one hotel cannot see another’s data. This allows a number of properties to benefit from BlackLine’s application while also eliminating time-consuming manual tasks; standardizing processes and templates across their organizations; and improving overall communication and workflow.
International hotelier Kempinski has significantly reduced excess paper (spreadsheets, copies, files, etc.) and simplified their account reconciliation process with BlackLine. The web-based application has allowed them to retrieve information anytime, anywhere; provide direct access to all stakeholders (preparers, reviewers and approvers); and gain valuable efficiencies, saving two to five days a month on reconciliations and a full week with audits.
The widespread use of BlackLine in hospitality and entertainment organizations is largely due to word of mouth across the industry.
Learn more about BlackLine’s Financial Close Suite and the accounting software many hospitality and entertainment clients use.