BlackLine automates the labor-intensive processes burdening retail accounting teams

High-Volume Transaction Matching and
Reconciliation Software for Retail

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BlackLine automates the labor-intensive processes
burdening retail accounting teams

Global retail companies process substantial volumes of cash, ACH, and credit card transactions across many channels and locations every day. Accountants are usually left to manually tick and tie those transactions in order to manage inventory, create and post journal entries, report account balances, and stay ahead of fraudulent activity. The challenges facing accounting departments at retail companies are immense. Yet, many companies continue to endure outdated processes and lack proper systems to meet the needs of today’s business. Relying on spreadsheet-based accounting increases the risk of mistakes, makes errors difficult to detect, and hinders retail accounting operations.

Under Armour

Reduced time spent reconciling accounts by 3+ days

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Groupon

85% reduction in time spent on daily cash reconciliations

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