Case Study: Kempinski Hotels achieves 50% faster reconciliations and one-week faster audit data gathering with BlackLine

Saving Five Days on Reconciliation and One Week on Data Gathering

Kempinski, a global hospitality group, faced a time-consuming, paper-driven financial close: large transaction volumes across multiple countries, dispersed users in different time zones, and strict security and compliance needs made reconciliations and audit prep slow and inefficient—taking up to 10 days each month to complete reconciliations and creating lengthy data-gathering for auditors.

In 2010 Kempinski implemented BlackLine’s cloud-based Account Reconciliations and Task Management to provide secure 24/7 access, centralized visibility, automated controls and real-time auditor access. The change cut reconciliation time by roughly 50% (saving two to five days per month), reduced audit data gathering by about one week, and improved task tracking, compliance and overall finance-team efficiency.

Kempinski Hotels

Nina Eckerle

Director of Corporate Finance