Switching Back to BlackLine Increases Accuracy, Saves Time, and Frees Staff for More Analysis and Research
Powering more than $7 billion in global trade, TreviPay’s global B2B payments and invoicing network enables enterprises to provide payment choice and convenience, open new markets, and automate accounts receivables.
The Challenge
Lucille Garcia, Accounting Manager at TreviPay, and her team had relied on BlackLine for three years.
“With BlackLine, we transformed our close. We had greater visibility, better accuracy, and more time for analytical work.”
But when TreviPay sold to new owners, the team lost access to BlackLine. “To have to go back to doing reconciliations manually was terrible,” says Garcia. “It was very frustrating because you don’t go backward with technology, you go forward.”
Without BlackLine, the team was stuck manually entering data and correcting errors.
“We were always fixing things that went to the wrong account. We had to fix things that were the wrong dollar amount. And we were continually pulling reports for transactions that didn’t post to the ledger.”
Why BlackLine
When TreviPay was sold again, Garcia had one priority. “I couldn’t wait to go back to BlackLine.”
Making the business case for BlackLine was “easy.”
“We showed new management how much faster and more efficient our close was with BlackLine,” says Garcia. “We wasted so much time that could have been spent on analysis or additional research. Going back to BlackLine was a no-brainer.”
The Results
Saved time. With BlackLine, the team saves “hours and hours.”
“We’ve recovered time with Transaction Matching and Journal Entry. The numbers come through, we hit a button, and we’re done.”
Increased accuracy. Automation has “greatly reduced” human error, says Garcia.
“When we went back to using spreadsheets, there were so many mistakes. Shifting rows, ‘fat finger’ slips, bad formulas. With BlackLine, we simply don’t see any of those errors anymore.”
Freed staff for more value-added tasks. With BlackLine, the team spends more time engaged in meaningful work.
“Staff is no longer keying in numbers from pieces of paper. Instead, they have the time to reconcile accounts and research issues.”
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TreviPay’s BlackLine Journey
Banks & Credit Unions
Microsoft Dynamics
Global
Midsize
Saved time.
Increased accuracy.
freed staff for more value-added tasks.
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