ROI case study: BlackLine Systems at Creditsafe

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Creditsafe achieved an ROI of 234 percent with a payback period of 12.4 months after modernizing its invoice-to-cash processes through the implementation of BlackLine. This deployment streamlined collections and cash allocation processes, significantly improving productivity and operational efficiency across multiple regions. Specifically, the collection module enabled the organization to cut the time spent generating collection call lists by 90 hours per employee annually. Additionally, BlackLine helped the head of the collection reduce the time required to create reports for 90-day bad debt by 385 hours each year. The system also streamlined cash inflow processing, saving employees a total of 1,690 hours annually. The cash module improved month-end cash allocation by eliminating manual data entry and automating invoice matching. This saved one employee 170 hours annually, translating to $3,971.88 in time savings annually. BlackLine’s capabilities have also played a pivotal role in Creditsafe’s international expansion by streamlining financial operations across multiple regions, improving cash flow predictability, and allowing the company to scale.

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