List of BlackLine Intercompany Customers
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United States
Since 2010, our global team of researchers has been studying BlackLine Intercompany customers around the world, aggregating massive amounts of data points that form the basis of our forecast assumptions and perhaps the rise and fall of certain vendors and their products on a quarterly basis.
Each quarter our research team identifies companies that have purchased BlackLine Intercompany for Financial Consolidation and Close from public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources, including the customer size, industry, location, implementation status, partner involvement, LOB Key Stakeholders and related IT decision-makers contact details.
Companies using BlackLine Intercompany for Financial Consolidation and Close include: ExxonMobil, a United States based Oil, Gas and Chemicals organisation with 61000 employees and revenues of $339.25 billion, Dow, a United States based Oil, Gas and Chemicals organisation with 36000 employees and revenues of $42.96 billion, Kraft Foods, a United States based Consumer Packaged Goods organisation with 36000 employees and revenues of $25.85 billion and many others.
Contact us if you need a completed and verified list of companies using BlackLine Intercompany, including the breakdown by industry (21 Verticals), Geography (Region, Country, State, City), Company Size (Revenue, Employees, Asset) and related IT Decision Makers, Key Stakeholders, business and technology executives responsible for the software purchases.
The BlackLine Intercompany customer wins are being incorporated in our Enterprise Applications Buyer Insight and Technographics Customer Database which has over 100 data fields that detail company usage of software systems and their digital transformation initiatives. Apps Run The World wants to become your No. 1 technographic data source!
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| Logo | Customer | Industry | Empl. | Revenue | Country | Vendor | Application | Category | When | SI | Insight |
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Dow | Oil, Gas and Chemicals | 36000 | $43.0B | United States | BlackLine | BlackLine Intercompany | Financial Consolidation and Close | 2012 | n/a |
In 2012, Dow implemented BlackLine Intercompany to centralize account reconciliations and extend automation across intercompany processes and the global financial close. The global rollout began in November 2012 and explicitly covered regions across North America, Europe, LATAM and APAC, targeting finance and accounting organizations responsible for month end close and intercompany settlement.
The BlackLine Intercompany deployment focused on centralizing reconciliation workflows, configuring automated certification sequences, and automating intercompany matching and settlement as part of the Financial Consolidation and Close process. Configuration work emphasized standardized reconciliation templates, certification workflows to support control and auditability, and orchestration of intercompany balances across regional finance teams.
Operational coverage spanned Dow's regional finance organizations in North America, Europe, LATAM and APAC, providing consolidated visibility into reconciliations and intercompany balances to support faster close cycles. Integrations with specific source systems are not specified in the public account, the implementation nonetheless centralized reconciliation and intercompany data inside BlackLine Intercompany to create a single control point for close activities.
Governance and process changes included formalizing certification workflows and audit trails, with immediate benefits reported such as auto certification of more than 50% of key accounts and improved auditability. The implementation delivered faster close cycles and better visibility into reconciliations and intercompany balances while embedding BlackLine Intercompany functionality into Dow's global close governance.
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ExxonMobil | Oil, Gas and Chemicals | 61000 | $339.2B | United States | BlackLine | BlackLine Intercompany | Financial Consolidation and Close | 2022 | Clearsulting |
In 2022, ExxonMobil implemented BlackLine Intercompany to automate intercompany transaction processing. The BlackLine Intercompany implementation is categorized under Financial Consolidation and Close and was deployed at scale to absorb millions of intercompany transactions while centralizing global finance controls.
Clearsulting served as the implementation partner, delivering a centralized deployment model that standardized intercompany workflows across ExxonMobil's global finance organization. The implementation emphasized automation of transaction capture, matching, settlement orchestration and standardized intercompany journal entry generation to streamline close activities and reduce manual reconciliation effort.
BlackLine Intercompany was integrated to support ExxonMobil's SAP S/4HANA migration, acting as a system of record for intercompany transactions and interfacing with SAP for automated posting and reconciliation. Integration work concentrated on transaction feed synchronization, automated posting, and exception routing between BlackLine Intercompany and SAP S/4HANA to handle high transaction volumes.
Program governance centralized controls and workflow ownership within global finance, implementing standardized approval paths, exception management and audit trails. The program delivered rapid time to value and large efficiency gains, including tens of thousands of hours saved, received recognition in BlackLine's 2024 Modern Accounting Awards, and continues to support ExxonMobil's global finance transformation.
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Kraft Foods | Consumer Packaged Goods | 36000 | $25.8B | United States | BlackLine | BlackLine Intercompany | Financial Consolidation and Close | 2016 | n/a |
In 2016 Kraft Foods deployed BlackLine Intercompany to automate global non product intercompany transactions, addressing Financial Consolidation and Close needs across its corporate finance organization. The BlackLine Intercompany implementation concentrated on automating intercompany accounting workflows and reconciliation orchestration to reduce manual effort in month end close and intercompany settlement.
The deployment configured transaction matching, reconciliation workflows, exception handling, and automated intercompany accounting entry capabilities consistent with BlackLine Intercompany functionality. Configuration emphasized a high degree of automated transaction matching and reconciliations to minimize manual adjustments and streamline intercompany cash and balance alignment processes.
The program spans multiple ERPs including SAP, Oracle, JD Edwards, and Epicor, with integrations pulling ledger and intercompany transaction data into BlackLine Intercompany for centralized processing. Operational control and rollout coordination were led from the Chicago Global Business Services team, enabling a centralized operating model for intercompany reconciliation across business units.
Governance included standardization of intercompany reconciliation processes and centralized exception handling driven by the Chicago Global Business Services team. Reported outcomes from the implementation included a reduction in intercompany discrepancies from about $20 to $30 million per month to under $1 million and an achieved transaction matching rate of approximately 93 percent.
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