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Trust is in the Balance

Kempinski Hotels

"The BlackLine solution is just perfect...
It's saved us so much time."

Kempinski Hotels

Industry

Leisure, Hospitality and Travel

Region

Global

ERP

Navision

Why BlackLine

Nina Eckerle, director of corporate finance, Kempinski Hotels and her team began evaluating software solutions to automate the reconciliation process in 2009. The challenge was finding a solution that would both handle a tremendous volume of transactions and remain available to all users, regardless of time zone or location. Users had to be able to work from the office, from home, or on the road. And while data had to be accessible everywhere, security was also paramount.

In 2010, Kempinski implemented BlackLine’s Account Reconciliation and Task Management tools. Because BlackLine is a cloud-based service, Eckerle and her team can now access the entire platform from anywhere, yet still implement strict controls on who can see what and when. The team always has complete visibility and control over global accounting operations, but each company is securely limited to viewing its own data. BlackLine’s reporting tools also provide visibility and allow Kempinski to track certifications and financial reports to help ensure compliance with growing regulations in Europe and abroad.

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Business Impact

Ensured 24/7 secure access to data, increased efficiency, enabled real-time access to data for auditors, gained immediate visibility of tasks and deadlines.

Saving Five Days on Reconciliation and One Week on Data Gathering