Case Study: Manheim achieves a 93% reduction in account reconciliation staff hours with BlackLine

Improving Staff Efficiency for the Account Reconciliation Process by 93%

Manheim, a global leader in vehicle remarketing founded in 1945, handles nearly 7 million used-vehicle registrations annually with transactions totaling about $46 billion. Rapid growth put huge strain on its finance team: month-end close required 59,000 reconciliations and up to 15 people spending between one and eight hours a day (300–2,400 hours per month) on a largely manual, error-prone process that couldn’t scale without adding headcount.

Manheim implemented BlackLine’s Account Reconciliations, Transaction Matching, and Task Management—fully deployed in three months—to automate imports from any ERP, certify 40–65% of accounts, and provide role-based workflows and real-time dashboards. The change cut reconciliation resource hours by 93% (from as much as 2,400 to about 160 hours/month), improved accuracy and global compliance, centralized data access, and freed accountants to focus on higher-value analysis and exception resolution.

Manheim

Victoria Mangold

Director of Finance Operations