Case Study: Byline Bank reduces reconciliation time by 80% with BlackLine

Byline Bank cuts reconciliation time by 80% with BlackLine

Byline Bank, a Chicago-based financial institution, faced significant challenges due to its reliance on outdated manual processes and spreadsheets for reconciliations. This was highlighted by a time-consuming audit, prompting Assistant Controller Debora Lurgio to seek a solution from BlackLine to improve both the speed and accuracy of their financial close.

Implementing BlackLine's solutions, including Account Reconciliations and Transaction Matching, automated their key processes. This resulted in an 80% reduction in time spent on a major reconciliation, cutting it from six-to-eight hours to just one. BlackLine helped Byline Bank free staff for value-added work, reduce the risk of errors, and gain better control over its financial data.

Byline Bank