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
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

On-Demand Webinar

Kier's Financial Accounting journey within the Shared Services Operation

UK Construction and Property giant Kier set up its Global Financial Services operation in July 2016. Their journey has been one of pace and milestones, consolidating from 12 legacy centres to 1 GBS by mid-2019, commissioning a green field site in Manchester where 90% of 300+ team recruited were new to Kier, rolling out Oracle and enhancing Causeway ERPs, all while driving process standardisation and controls when the industry sector (Construction and Infrastructure) was coming under significant strain.

This webinar focuses on Kier’s Financial Accounting journey within the shared services operation. 46 people sat in the Financial Accounting team in late 2018 with reconciliations and volume based transactional processing supporting the work performed on Excel. At that time, 60% of recs were being captured and the quality measure stood at about c.40%.

This webinar will examine how Dan Foley, Head of GBS, and his R2R Team have achieved:

  • An increase to 100% of recs now captured by the Blackline solution

  • 96% of recs now signed off by customers

  • Balance sheet reconciliation quality volume and value improved to 98% and 99% respectively

  • An FTE reduction of 65%, mainly because of the technology, with 16 people now operating in Financial Accounting team

  • An FTE reduction of 50% in the Treasury Bank Reconciliation team

  • Improving end2end process opportunities

Download or listen to the presentation today to hear this remarkable and inspiring story, and crucially how the results were realised.

The Future of Accounting Is Here