Creating capacity and maximizing efficiency by automating up to 79% of accounting work

The close is always coming. But that’s the thrill of modern accounting. Having not just the tools, but the skills to win the race. It's time to move to modern accounting with BlackLine.

Energy and raw materials companies are challenged to manage costs while innovating to produce safe, reliable, and sustainable energy and raw materials products and services.

Accounting teams at these companies must also adapt. Modern accounting technology helps accounting teams save time, reduce risk, and create capacity to support their organizations' strategic objectives.

See why leading companies like British Gas and Energy Transfer choose BlackLine for financial close automation, visibility, and control.

Modern accounting use cases for energy and raw materials companies

Automatically reconcile gross ledger to net ledger activity

Centralize and standardize distributed global close tasks, controls, and journal entries

Proactively analyze variances of projected expenses to actual expenses

BlackLine is the Leader in G2’s Financial Close Software Grid

See how energy and raw materials companies are unlocking capacity in Accounting

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“With BlackLine, we’ve improved internal control and reduced our risk of fraud. And because there’s both increased transparency and instant access to data, we’ve enhanced our audit trails.”

Anniken Røssing,Vice President Finance

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“In the past we only reconciled cash at month end. Now, we’re doing it twice a month and have cut 40% to 50% of time from monthly auditing of cash reconciliations.”

Mayra Herrera, VP Core Accounting

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“We have complete visibility, and our CFO knows that the close process is being done efficiently and on time.”

Mark Gonsoulin, Director Strategic Planning

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“With BlackLine, we have a platform where everything is in one place. Because approvals are systematic, we never have to ask if a reconciliation was approved. It’s all in BlackLine.”

Julie Egan

Vice President, Finance Shared Services

Trusted by 4,300+ Companies

The value of accounting automation


increase in auto- certified reconciliations


of transactions automatically matched


faster monthly close

BlackLine returns $2.77 for every dollar spent