Gaining Future-Proof Finances with Smart Close.
Linde Material Handling ranks among the world’s foremost makers of forklifts, trucks, and warehouse handling equipment, and it builds its reputation on acting responsibly towards its shareholders, business partners, and employees.
The Challenge
To act responsibly in every area of its business throughout its many locations across the globe, Linde Material Handling needs to have a Finance Department on which it can depend
Why BlackLine
Linde Material Handling strives to maintain their leadership status by simplifying and limiting the amount of time the closing process requires through automation. Never afraid of embracing change in the name of advancement, the company turned to BlackLine to provide valuable insights into the close process.
“We’ve seen a drastic increase in the speed of our closing process since implementing Smart Close,” says Karin Gunkel, Finance and IT Specialist at Linde Material Handling. “While everything was always completed on time before, the process is significantly less time-consuming, and therefore, less stressful. We can also be certain that all the steps in the closing process are executed completely and in the correct sequence. We always know who’s responsible and when the task is complete.”
To have the reliable financials that enable Linde Material Group to act responsibly, the company heavily emphasizes proactively monitoring closing activities. BlackLine gives them that ability. With Smart Close, the company can see if anything looks incorrect at any point in the process, and if so, directly see who is responsible.
The Results
Increased visibility. To have the reliable financials that enable Linde Material Group to act responsibly, the company heavily emphasizes proactively monitoring closing activities. BlackLine gives Linde Material Handling Group that ability. For example, with Smart Close, the company can see if anything looks incorrect at any point in the process and, if so, directly see who is responsible.
“We can monitor each area by its light, which will be red, yellow, or green, and we notice any changes immediately. We’re very in tune with what’s happening in each area and at each stage of the close process. Sometimes we even notice potential discrepancies before local entities do. With Smart Close, we’re better connected, and the processes and data are clearer than ever before.”
Manufacturing
SAP
Europe
Enterprise
Established fully reliable
Future-proof finances
Optimized efficiency, and gained valuable insights into company process efficiencies and analytics
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