The Business Value of SAP Financial Close Solutions by BlackLine

This is an IDC Business Value snapshot that summarizes the key findings from the larger 2025 IDC white paper. SAP and BlackLine co-sponsored this effort. Download the Document

Produced by IDC Custom Solutions | IDC #US53204425 | Research by Kevin Permenter, Megan SzurleyThis IDC material is licensed for external use and in no way does the use or publication of IDC research indicateIDC’s endorsement of the sponsor’s or licensee’s products or strategies.©2024 IDC. Reproduction is forbidden unless authorized. All rights reserved. CCPABusiness Value Snapshot, sponsored by SAP and BlackLine | February 2025SAP and BlackLine customers are achieving significant value leveraging SAP financial close solutionsby BlackLine to support their financial operations, based on findings from IDC-conducted interviews.Through the benefit of numerous staff efficiency gains, IDC estimates that interviewed organizationsachieved benefits worth an annual average of $7.9 million that resulted in a three-year ROI of 621%.The Business Value of SAP FinancialClose Solutions by BlackLineCUSTOMER QUOTE (OIL AND GAS):“The greatest benefit of SAP financial close solutions by BlackLine is definitely the efficiencythat we have gained through automation. This has led to greater accuracy because we areusing fewer manual processes. It saves our teams from having to rework a lot of tasks.” 25% more efficient finance teams 47% less time spent creating reports 25% greater report accuracyACCOUNTING EFFICIENCY BENEFITS 35% more efficient accounting teams 28% more efficient auditing teams 22% less time required to close period end accountingFINANCE EFFICIENCY BENEFITS$7.9 millionaverage annual benefits perorganization$193,000per 10 users average annual benefit12-monthpayback on investment621%three-year return on investmentKEY RESULTSThe project included 7 interviews with organizations that use SAP financial close solutions by BlackLine andhave experience with and/or knowledge about the benefits and costs of using SAP financial close solutions by BlackLine.RECONCILIATION AND JOURNAL ENTRY EFFICIENCY BENEFITS 43% fewer substantiation errors 41% fewer days required for substantiationcompletion 45% fewer days required for journalentry completion 35% of journal entries automated 33% more efficient compliance teams 19% more efficient AP/AR/Payroll teamsADDITIONAL STAFF BENEFITS