Case Study: Simplot improves financial close visibility and quality with BlackLine

Simplot boosts completion rates from 30% to 80% with BlackLine

The JR Simplot Company, a global food and agribusiness enterprise, faced challenges with a decentralized, Excel-based financial close process that lacked visibility and consistency across its divisions. This non-standard approach, combined with high employee retention that risked the loss of institutional knowledge, compelled them to seek a solution. They partnered with BlackLine to implement its financial close software.

By implementing BlackLine, Simplot gained real-time visibility into its accounts, which eliminated redundancies and ensured process consistency during employee transitions. The results were significant and measurable: completion rates for their processes increased from 30% to 80%, while their quality rating improved from 22% to 83% within a single year.

Simplot