How Delaware North Saves 60+ Hours Monthly with BlackLine's Verity AI

We trust BlackLine more than anybody else in this business. When it comes to AI, it’s no different. Nobody's had our back the way that the BlackLine team has had our back

The Challenge

Delaware North is a 111-year-old, family-owned, multinational hospitality and entertainment giant operating across several highly complex and diverse industries—including sports stadium concessions and premium dining, retail outlets, casino and online gaming, lodging, and restaurant ownership. Delaware North operates in the United States, Australia, New Zealand and the United Kingdom. Managing financial close processes across these disparate sectors presented an immense challenge for the finance team.

Before embarking on their finance transformation journey with BlackLine, Delaware North’s financial and accounting operations were decentralized, non-standard and heavily burdened by legacy, manual systems. The team was plagued by "Excel-based everything" and local shared drives.

"Delaware North Finance & Accounting was full of Excel-based files stored in local shared drives. Month-end would often last for nine days, and at times, even longer," says Christopher Giambra, Senior Manager of Corporate Accounting at Delaware North.

With massive transaction volumes and a center-led business model still in its infancy, the organization suffered from spreadsheet fatigue, a high risk of human error from manual keying, and limited capacity to perform strategic, value-added analysis. They needed a unified record-to-report platform that could standardize their processes, secure their financial data, and pave the way for true continuous accounting.

Why BlackLine

To break free from spreadsheet fatigue, Delaware North went "All-In" with BlackLine’s unified platform, implementing the BlackLine platform for complete Record-to-Report workflow, including, BlackLine Journal Management, BlackLine Account Reconciliations, BlackLine Task Management and BlackLine Transaction Matching. Today, they support more than 300 active licenses across their record-to-report, revenue integration, and treasury teams.

One of the primary reasons Delaware North chose to partner with BlackLine was the deep trust and world-class security the platform provides. When it came to evaluating AI, Delaware North chose to partner with BlackLine as their AI partner because of its focus on secure, enterprise-grade AI designed specifically for the office of the CFO. Unlike open large language models (LLMs) (such as ChatGPT or Anthropic) that pose risk by sharing data externally, BlackLine Verity operates securely within Delaware North's unique, isolated instance.

“We trust BlackLine more than anybody else in this business. When it comes to AI, it’s no different. Nobody's had our back the way that the BlackLine team has had our back,” says Christopher Giambra, Senior Manager of Corporate Accounting at Delaware North.

Every automation, AI agent and data flow in BlackLine is protected by an auditable trust and governance layer, ensuring that Delaware North’s AI-powered operations are transparent, explainable, and fully compliant with the Sarbanes-Oxley Act (SOX) and financial regulations. Furthermore, the platform's intuitive "wizard-like navigation" allows accounting professionals to build and configure complex allocations and workflows in minutes without needing data engineering or programming backgrounds.

The Results

The financial and operational impacts of Delaware North's partnership with BlackLine span all four core performance pillars:

Increase Operational Efficiency & Accelerate the Close

  • Close Timeline Drastically Reduced: Delaware North reduced its month-end close from nine+ days down to a highly efficient six days.

  • Standardized Inventory Reconciliations: By utilizing Vera, the team has successfully standardized processes across 150 inventory reconciliations, establishing a consistent, repeatable framework for complex accounts.

  • Massive Reconciliation Efficiency: With BlackLine Verity, reconciliations that previously took a human 30 to 45 minutes are now performed by Vera in just five minutes. Delaware

  • Scalable Hours Saved: Applying Verity across 150 standardized inventory reconciliations translates to 60 hours of monthly savings for a single account type. Christopher Giambra has confidence that they can scale this "as is" today across several thousand reconciliations.

  • Broad close automation: Over 70% of Delaware North's reconciliations are system-certified, and 98% of reconciliations are approved on time. Today, 90% of their 10,000 monthly journals are performed by automated processes (automated accruals, prepaids, and journal masters). Delaware North matches over 7 million transactions monthly.

Strengthen Control & Mitigate Risk

  • Standardization-Driven Risk Reduction: Standardizing 150 complex inventory reconciliations through Vera significantly mitigates operational risk by enforcing consistent compliance and eliminating ad-hoc spreadsheet variations.

  • Elimination of spreadsheet errors: Automated Fixed Asset Useful Life Analysis with Data Source Rules saves four hours per month and completely removes the human error factor of miskeying data.

  • Auditable Trust: Automated processes ensure all adjustments and exceptions are fully documented, consistent, and audit ready.

Enhance Strategic Insight & Business Agility

  • Shift to Exception Analysis: Finance professionals no longer spend their days preparing spreadsheets; instead, they focus on analyzing output and executing policy actions.

  • Informed Decision-Making: Completing reconciliations earlier in the month gives leadership timely, accurate financial visibility to drive business decisions.

Empower & Retain Finance Talent

  • From Dread to Analysis: Teams look forward to monthly tasks they once dreaded.

  • Skills Evolution: BlackLine Verity has leveled the playing field, transitioning traditional accountants into strategic managers of AI agents.

Industry

Retail

ERP

Peoplesoft

Region

United States

Company Size

Enterprise

Business Impact

60+ hours saved monthly

Month-End Close Cut by 33%

Drastic Efficiency Gains

Strengthened Control, and Enhanced Strategic Insight