Case Study: a home improvement retail company improves financial close efficiency with Clearsulting and BlackLine

Home Improvement Retail Company cuts close time by eliminating nearly 40% of manual reconciliations with Clearsulting

A home improvement retail company engaged Clearsulting to optimize and expand its use of BlackLine. The client faced challenges including an over-centralization of administrative duties that created excess manual work, minimal governance across its close processes, difficulty monitoring critical milestones, and limited executive-level dashboarding capabilities.

Clearsulting developed targeted initiatives to reduce manual effort and improve close management. The solution empowered the management team with real-time dashboards, reduced time-to-close by eliminating nearly 40% of manual reconciliations, and provided a dynamic framework for reviewing financial close status. This was achieved through a risk-driven reconciliation process and by automatically matching over 90% of transactions for targeted scenarios.