More than 400 wholesale companies trust BlackLine to deliver F&A transformation across the Office of the CFO.
The wholesale industry is evolving as supply chain complexities, digital commerce, and changing customer expectations reshape the market. Wholesalers are adopting new technologies and operational models to improve efficiency and meet shifting demand.
Finance and accounting teams in wholesale must adapt as well. Dealing with tight margins, fluctuating inventory levels, and pressure to optimize working capital, they need technology that enhances financial visibility, improves cash flow management, and supports agile decision-making to drive operational efficiency and growth.
Matching and reconciling massive volumes of transactional data manually is time consuming, tedious, and error-prone, especially if managed in spreadsheets. Our platform standardizes and automates your reconciliations with the ability to ingest, transform, and match high volumes of transaction level data from multiple systems such as ERPs, inventory or warehouse management systems, and banks, reducing the risk of process breakdowns and undetected financial statement errors and enabling teams to focus their time on anomalies and exceptions.
Manual management of record-to-report activities are inefficient and error-prone. Our solution automates these processes, providing real-time visibility and enhanced accuracy and control, freeing up resources to focus on higher-value activities that drive growth and profitability. When it comes to intercompany complexities, BlackLine helps organizations create, balance, and settle intercompany transactions in an automated, centralized, and collaborative environment.
Wholesale companies book thousands of journal entries per month, increasing the risks related to financial compliance, audit compliance and accurate decision making. BlackLine centralizes and standardizes journal entries across various ERPs, automating workflows from creation to posting, increasing efficiency and control. With AI-driven insights, our solution enhances visibility into the volume, timing, and nature of your journal entries, minimizing risk and maximizing intelligence.
Efficient cash flow management is critical to business health. Our solution optimizes credit management and automates cash application, helping your teams reduce days sales outstanding (DSO), improve working capital, and maintain strong customer relationships.
Maintaining accurate financial records during integrations can be complex and time-consuming. Our platform controls and simplifies these processes, unifying data from multiple ERPs in a central location, connecting teams with automated workflows, and increasing visibility to ensure that financial data flows seamlessly across systems and locations, minimizing risk and reducing bottlenecks.
Inaccurate financial data can be costly. With our platform’s anomaly detection capabilities, you can identify and resolve financial discrepancies quickly, ensuring accuracy in your financial reporting while reducing the risk of costly errors.