Case Study: Ruralco achieves improved reconciliation governance and visibility with BlackLine

Ruralco streamlines reconciliations across 40 businesses with BlackLine

Ruralco, a large Australian agribusiness group with over 40 decentralized operations, faced significant challenges in managing its financial processes. The lack of visibility and structure led to cumbersome, manual reconciliation procedures using paper and Excel spreadsheets, which were time-consuming and prone to error. To address this, Ruralco sought a solution from BlackLine to standardize and automate its reconciliations.

By implementing BlackLine's Account Reconciliations and Task Management modules integrated with its SAP system, Ruralco centralized its financial data and streamlined workflows. The solution delivered improved governance and visibility for senior management, significant time-savings in the reconciliation process, and an enhanced approval workflow. BlackLine also provided the scalability to easily incorporate new acquisitions and enabled easy access for external auditors.

Ruralco