Case Study: British Gas improves financial visibility and controls with BlackLine

British Gas automatically processes 60% of account recs with BlackLine

British Gas, a major energy supplier, faced challenges with manual, spreadsheet-based account reconciliations handled by a third-party outsourcer. This process was time-consuming, hampered financial visibility, and created risk. To improve efficiency and standardize its financial close processes, the company chose to implement solutions from BlackLine, including Account Reconciliations, Transaction Matching, and Task Management.

By implementing BlackLine's solutions, British Gas automated over 60% of its account reconciliations, achieving an initial ROI of more than 3.5 FTEs. The BlackLine dashboard provided full visibility into the process, allowing the team to quickly report on items under investigation and track non-compliance. This freed up professionals to focus on more strategic tasks and significantly tightened financial controls.

British Gas