BlackLine Home page BlackLine home page
Solutions
Solutions
Financial Close Management
Financial Close Management
Overview
Overview
Account Reconciliations
Account Reconciliations
Task Management
Task Management
Transaction Matching
Transaction Matching
Journal Entry
Journal Entry
Compliance
Compliance
Variance Analysis
Variance Analysis
Smart Close for SAP
Smart Close for SAP
Accounts Receivable Automation
Accounts Receivable Automation
Overview
Overview
Cash Application
Cash Application
Credit & Risk Management
Credit & Risk Management
Collections Management
Collections Management
Disputes & Deductions
Disputes & Deductions
Team & Task Management
Team & Task Management
AR Intelligence
AR Intelligence
Intercompany Financial Management
Intercompany Financial Management
Overview
Overview
BlackLine Intercompany
BlackLine Intercompany
By Organization Size
By Organization Size
Midsize Organizations
Midsize Organizations
Large Enterprises
Large Enterprises
By Industry
By Industry
Banking & Financial Services
Banking & Financial Services
Consumer Products & Services
Consumer Products & Services
Energy & Raw Materials
Energy & Raw Materials
Healthcare & Life Sciences
Healthcare & Life Sciences
Manufacturing
Manufacturing
Retail
Retail
Technology, Media & Communications
Technology, Media & Communications
See All Industries
By ERP
By ERP
SAP
SAP
Oracle
Oracle
Oracle NetSuite
Oracle NetSuite
Microsoft Dynamics
Microsoft Dynamics
See All ERPs
Customers
Customers
Customer Success
Success Stories
Success Stories
Collaborative Accounting Experience
Collaborative Accounting Experience
Modern Accounting Playbook
Modern Accounting Playbook
Training & Education
Training & Education
CUSTOMER SUPPORT
Global Support
Global Support
Developer Portal
Developer Portal
BlackLine Community
BlackLine Community
Resources
Resources
Events
Events
Upcoming Webinars
Upcoming Webinars
On-Demand Webinars
On-Demand Webinars
White Papers
White Papers
Blog
Blog
Accounting Glossary
Accounting Glossary
Global Support
Global Support
About
About
Company
Company
About BlackLine
About BlackLine
Leadership
Leadership
Diversity, Equity & Inclusion
Diversity, Equity & Inclusion
Environmental, Social & Governance
Environmental, Social & Governance
In the News
In the News
Press Releases
Press Releases
Investors
Investors
Awards & Recognition
Awards & Recognition
Careers
Careers
Partners
Partners
Consulting Alliances
Consulting Alliances
Solution Provider Partners
Solution Provider Partners
Software & Cloud Partners
Software & Cloud Partners
Business Process Outsourcers
Business Process Outsourcers

BLACKLINE FOR ENERGY & RAW MATERIALS

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

The close is always coming.

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, Energy Transfer, and 58% of the Fortune 50 choose BlackLine for financial close automation, visibility, and control.

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.

Modern accounting use cases for energy and raw materials companies

image

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

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

“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

image
image
image
image
image
image
image
image
image
image
image
image
image

See all customer success stories

The value of accounting automation

79%

increase in auto- certified reconciliations

75%

of transactions automatically matched

66%

faster monthly close

image

BlackLine returns $2.77 for every dollar spent

Additional Resources

It's time to move to modern accounting