Case Study: a global pharma company achieves standardized, automated reconciliations with Clearsulting and BlackLine

Global Pharma Company improves reconciliations with Clearsulting and BlackLine

A global pharma company faced challenges with its manual reconciliation process, which was inconsistent across its multiple international locations and disparate SAP systems. The company lacked visibility into reconciliation status and had numerous accounts that had never been reconciled. They engaged Clearsulting to standardize and automate their process using BlackLine.

Clearsulting developed a global reconciliation policy, automated data feeds, and integrated general and sub-ledgers using BlackLine. This created more efficient, high-quality reconciliations and established proper schedules to increase auto-certification. The solution provided greater visibility into process status and business trending, transforming the organization's global procedures.