Case Study: Leiden University achieves a faster, more transparent financial close with BlackLine Smart Close

Leiden University cuts annual close by 3 weeks with BlackLine

Leiden University, a top-ranked institution in the Netherlands, faced a challenge with its shared service center overwhelmed by manual financial processes. The labor-intensive workload caused long hours for staff and prevented the delivery of valuable financial insights. The university sought a solution from BlackLine that would first standardize and then automate its financial close for greater transparency and efficiency.

By implementing BlackLine's Smart Close solution, Leiden University standardized its processes and adopted a modern Continuous Accounting approach. This resulted in a dramatically improved administration quality and a significantly faster close, reducing their annual closing time by three weeks. The solution from BlackLine also made their audit process simpler, cutting its timeframe down to just one day.

Leiden University