Delivering sustainable processes and elevating the role of Accounting

Utility companies are challenged to manage costs while leading the transition to sustainable transmission and distribution of clean energy.

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

See why leading companies like First Solar, Aegion Corporation, and Alliant Energy choose BlackLine for financial close automation, visibility, and control.

Modern accounting use cases for utility companies

Enable a collaborative virtual close with seamless, real-time reporting

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

Automate account reconciliations and transaction matching

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

See how utility companies are unlocking capacity in Accounting

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“We thought it was a great opportunity to address not just reconciliations but other routine tasks. BlackLine enabled us to organize data, move away from Excel, and eliminate a lot of manual work.

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A supplier of natural gas, electricity, and propane reduced its close time by 35% with BlackLine.

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BlackLine increases employee productivity often by over 10 FTEs.

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When our close was paper-driven, I was used to going home and seeing my team working late, at wits end. Two cycles after implementing BlackLine, I was leaving one night, and they were looking too relaxed. I said, ‘It’s the middle of close.’ They said, ‘Everything’s all under control, I know where everything is.’ I take that as a real success when they’re that calm during our close.”

CFO, Energy Company

Trusted by 4,300+ Companies

The value of accounting automation


shorter close time


of transactions automatically matched

3-4 Days

saved every month

BlackLine returns $2.77 for every dollar spent