Case Study: Cinemark achieves an automated, paper-free financial close with BlackLine

Cinemark - Customer Case Study

Cinemark, a Texas‑headquartered exhibitor operating 548 theaters and over 6,000 screens across the US and Latin America, struggled with a highly manual, paper‑based month‑end close. Reconciliations lived in file cabinets, visibility into task status was limited, and accounting teams across 10 offices managed thousands of accounts through paper folders—making the close slow, error‑prone, and hard to standardize.

Working with implementation partner Vaco, Cinemark deployed BlackLine in 30 days to automate account reconciliations, task management, and transaction matching. The move cut reconciled accounts from 1,800 to 900 (with 40% auto‑reconciled), saved significant close time (about a day of paper pushing), standardized processes across regions, reduced risk, improved visibility, freed staff for strategic work, enabled seamless remote operations during the pandemic, and set the stage for broader automation.

Cinemark

Caren Bedard

VP, Controllership and Treasury Operations