Case Study: The Coca-Cola Company achieves 55% reduction in reconciliation effort and $0.6M annual savings with BlackLine

Driving Standardization, Improving Controls and Increasing Productivity

The Coca‑Cola Company, the world’s largest beverage maker with 500+ brands and operations in over 200 countries, faced a fragmented global close: more than 50,000 GL accounts were reconciled using disparate systems and regional processes, creating audit issues, limited visibility, and a time‑consuming effort that engaged 800 employees and consumed 14,000 hours per month.

Coca‑Cola implemented the cloud‑based BlackLine account reconciliation platform and created a global process lead to drive standardization and controls. The rollout centralized reconciliations, delivered real‑time dashboards and analytics, and cut the headcount involved in routine reconciliations by 55% (from 800 to 360), saved $0.6M annually, improved controls and global transparency, and freed staff to focus on analysis and exceptions.

Coca-Cola

Eamonn Matthews

Business Process Lead – Accounting & Reporting