Case Study: Jacobs Engineering achieves nearly 2x faster account reconciliations with BlackLine

Jacobs Engineering Speeds Account Reconciliations by Nearly 2X

Jacobs Engineering, a global design, engineering and construction firm, faced slow, inconsistent manual account reconciliations across 40 countries and 25,000 accounts that missed anomalies (costing about $2.5M) and hindered M&A activity and timely financial close. Rapid growth and complex transactions made modernizing finance processes and strengthening controls a priority.

By implementing BlackLine Account Reconciliations and Task Management (with Riveron support), Jacobs automated and standardized reconciliations, accelerating close processes and improving visibility and SOX compliance. The company cut reconciliation time from 60 to 35 days, raised auto-certification to 63% (from 0%), achieved global standardization, and unlocked greater shared-services efficiency to support future expansion.

Jacobs

Trevor Cameron

Director of Finance