Case Study: Resimac Group achieves 100% on-time reconciliations and improved balance sheet integrity with BlackLine

Enabling 100% On-Time Reconciliations, Increasing the Integrity of the Balance Sheet & Accelerating Digital Transformation

Resimac, a leading non-bank lender in Australia and New Zealand with over 50,000 customers and 88 legal entities, faced a complex month-end close driven by thousands of broker payments and hundreds of GL accounts per entity. Heavy reliance on manual reconciliations created operational risk, tied up resources that could be used for business partnering, and blocked the company’s broader digital transformation—while leadership also needed a cloud solution to enable remote work.

Resimac implemented BlackLine (Account Reconciliations, Task Management, Transaction Matching), giving staff and auditors secure cloud access, real-time visibility, and automated workflows. The rollout delivered 100% on-time month-end reconciliations, an on-time audit during COVID lockdowns, 70% of transactions auto-matched (with potential to reach 90–95%), cleanup of legacy balances, reduced balance sheet risk, and a measurable acceleration of the company’s digital transformation.

Resimac Group

Santo Ahmed

Group Financial Controller