Case Study: Quest Diagnostics achieves faster, more efficient financial close with BlackLine

Quest Diagnostics realizes 140% ROI in 9.6 months with BlackLine

Quest Diagnostics, a major provider of diagnostic insights, faced challenges modernizing its accounting. Its teams relied on manual, time-consuming processes using paper and Excel spreadsheets, which struggled to keep pace with acquisitions and made financial closes labor-intensive. Seeking a unified solution, Quest Diagnostics chose BlackLine's accounting software to standardize processes and improve efficiency.

By implementing BlackLine's cloud-based platform with prebuilt workflows, Quest Diagnostics streamlined its financial close and reconciliation tasks. The results included significant time savings, increased productivity, and seamless integration of acquisitions without additional accounting staff. BlackLine enabled a 140% ROI with a payback period of 9.6 months, while also improving organizational visibility and fostering a more collaborative accounting culture.

Quest Diagnostics