Case Study: Jemena saves over 24 hours with BlackLine

Jemena saves over 24 hours with BlackLine

Jemena, an Australian energy infrastructure company, faced highly manual and error-prone finance processes, particularly during month-end close. Their reliance on complex Excel spreadsheets created risk, limited insight, and consumed significant time. The challenge culminated in identifying a potential multi-million dollar revenue impact, compelling them to seek change. They partnered with BlackLine to streamline and automate their financial workflows.

Using BlackLine's Transaction Matching and Journal Entry products, Jemena automated ten key, high-complexity journal entries. The solution used configurable rules to automatically match large data sets and create journal entries, replacing spreadsheets with hundreds of thousands of rows. This implementation by BlackLine saved over 24 hours in manual processing, drastically improved accuracy and control, and freed the finance team to focus on analysis. Jemena continues to expand their use of BlackLine, with further automation use cases underway.

Jemena