Case Study: Norsk Hydro saves time and reduces risk with BlackLine

Norsk Hydro automates 90% of 80,000 global tasks with BlackLine

Norsk Hydro, a global energy and raw materials company, faced a challenge in standardizing its financial processes after rapid growth through acquisitions. With a patchwork of ERPs and non-harmonized methods, managing its 80,000 monthly global closing tasks was inefficient and risky. To address this, Norsk Hydro implemented BlackLine's Smart Close, Account Reconciliations, and Analysis solutions to automate and unify its record-to-report processes.

By implementing BlackLine's solutions embedded within SAP, Norsk Hydro automated 90% of its global closing tasks. This resulted in a faster close, reduced risk through automated error identification, and increased transparency. The measurable impacts included improving on-time invoice payments from 73% to 93% and providing 500 users with a streamlined, standardized workflow.

Norsk Hydro