Case Study: Ascension Health streamlines financial close and improves audit efficiency with BlackLine

Ascension Health cuts financial close audit time by 400 hours with BlackLine

Ascension Health, the largest non-profit health system in the United States, faced a significant challenge in managing its decentralized finance operations. The accounting team was handling up to 25,000 reconciliations manually on spreadsheets across numerous ERP systems. To improve financial controls and automate processes, Ascension sought a solution, ultimately selecting BlackLine's financial controls and automation platform.

BlackLine provided a cloud-based software solution that was implemented in just 90 days without requiring IT resources. The platform centralized and standardized Ascension's financial reconciliations. The results included a 338% ROI, a payback period of 0.6 years, and annual benefits averaging $734,136. BlackLine's solution also reduced audit time by 400 personnel hours, improved employee productivity, and allowed Ascension to scale its operations without proportionally increasing its workforce.

Ascension Health