BLACKLINE FOR UTILITIES

Delivering sustainable processes and elevating the role of Accounting

It’s Time to Move to Modern 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.

CAO and corporate controller at UGI Corporation says organizations can equip their finance functions to help them thrive with investment in technologies and skills to increase capacity. COVID-19 provided a reason to focus on technologies that reduce costs, improve efficiencies, and increase insights.

WSJ

Modern accounting use cases for utility companies

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

See how utility companies are unlocking capacity in Accounting

“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

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See all customer success stories

The value of accounting automation

66
Percent

shorter close time

95
Percent

of transactions automatically matched

3-4
Days

saved every month

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BlackLine returns $2.77 for every dollar spent

Additional Resources

It's time to move to modern accounting