Case Study: Energy Transfer achieves increased real-time visibility in the close process with BlackLine

Increasing Real-Time Visibility in the Close Process

Energy Transfer is a large, publicly traded pipeline company that grew from 200 miles of natural gas pipeline in 2002 to 71,000 miles, putting intense pressure on its accounting organization. The rapid expansion and a spreadsheet-driven month‑end close left the team with inefficient, manual reconciliations, limited real-time visibility across multiple business units and public statements, and insufficient control and transparency for finance leaders.

Energy Transfer implemented BlackLine’s account reconciliations and task management to automate repetitive work, streamline workflows, and improve transparency. The user-friendly platform gave controllers and the CFO real-time visibility into the close, shortened reconciliation and close cycles, and eased adoption during a broader systems transition—freeing staff to focus on analysis and delivering measurable time savings across the organization.

Energy Transfer

Mark Gonslin

Manager of Business Solutions