Case Study: Pembina Pipeline Corporation reduces reconciliation risk with Clearsulting and BlackLine

Pembina Pipeline Corporation achieves 37% automation at go-live with Clearsulting

Pembina Pipeline Corporation, a leading energy transportation and midstream service provider, faced challenges in its monthly financial close processes. The company engaged Clearsulting to conduct a blueprint to understand process pain points and identify a solution, ultimately selecting the BlackLine application.

Clearsulting implemented BlackLine for Pembina, automating balance feeds from SAP S/4 HANA and streamlining the reconciliation process. The results were significant, including an initial 37% automation rate at go-live, the grouping of 6,500 accounts into fewer than 1,000 reconciliations, and the closing of over 80,000 general ledger account extensions. Clearsulting's solution helped Pembina reduce financial risk and rectify completeness gaps on its balance sheet.

Pembina Pipeline Corporation