Case Study: Premier Trailer Leasing achieves a 15% faster month-end close and empowers accounting teams with BlackLine

Reducing Close Time by 15% & Empowering Accounting Teams to Focus on Meaningful Work

Premier Trailer Leasing, one of the nation's largest trailer leasing and rental companies with about 52,000 trailers and 37 branches, faced a growing burden on a very lean accounting team as its paper-based month-end close and journal-entry processes became increasingly manual and time-consuming. With only a handful of accounting staff, paper print/scan/sign workflows stretched close cycles to roughly 17 days and limited the team’s ability to analyze results or support audits.

By implementing BlackLine (Account Reconciliations, Task Management, Transaction Matching and Journal Entry) with hands-on implementation support, Premier eliminated paper workflows, centralized tasks and the close calendar, and made all entries and backups immediately searchable. The company trimmed two to three days off the month-end close (about a 15% reduction, from ~17 to 12–15 days), improved visibility and audit readiness, streamlined task management, and freed staff to focus on higher-value analysis.

Premier Trailer Leasing

Vesta Lot

Director of Accounting