Case Study: Travis Perkins achieves same-day cash application with BlackLine

Travis Perkins reduces unapplied cash by 96% with BlackLine

Travis Perkins, a major British builders' merchant, faced significant challenges with its manual cash application process. As a highly transactional organization generating huge volumes of invoices, a team of 25 staff struggled to keep up, often operating a month behind and leaving unapplied cash that created operational risk. To address this, they turned to the vendor BlackLine and implemented its Cash Application solution as part of a broader finance transformation.

By implementing BlackLine Cash Application, Travis Perkins automated and streamlined its process. The results were transformative: the company achieved same-day cash application, reduced its dedicated staff by 60% (from 25 to 10) while processing more transactions, and cut unapplied cash by 96%. BlackLine also provided cleaner data, increased confidence in financial records, and freed the team to focus on value-added work.

Travis Perkins