Success Story
“We’re a growing company. BlackLine has enabled us to increase the volume of reconciliations without adding more people to the accounting team. Our accounting team has greater job satisfaction and we’re able to bring more value to LightBox.”
Thomas Munoz
Controller, LightBox
LightBox provides real estate data and workflow solutions primarily to commercial real estate customers including lenders, brokers, environmental professionals, property assessors and appraisers. LightBox also provides location-based analytics to other industries such as telecommunications, investors, insurers, government agencies, technology providers and builders. The company is backed by Silver Lake and Battery Ventures.
Challenge
A manual, Excel-based process for monthly reconciliations and close task management.
Solution
BlackLine Financial Close Management, with Balance Sheet Reconciliation and Task Management
Benefits
- Process hundreds of reconciliations more efficiently and provide more time to investigate the accounts that are more complex or have variances
- Know at all times where a journal entry or report is in the process
- Streamline the close process
- Complete accounting reconciliations and close tasks with increased control, reliance and visibility to the process