Informa Balance Sheet Integrity Case Study

This case study details Informa's approach to enhancing balance sheet integrity and implementing a risk-based reconciliation process following significant acquisitions between 2016 and 2018. The document outlines the challenges faced by Informa's accounting teams, particularly the reliance on manual reconciliation processes across different ERP systems. It describes how the integration of BlackLine Account Reconciliations transformed their approach, moving from a spreadsheet-based system to a more automated and data-driven solution. Key objectives included optimizing the reconciliation process and improving visibility and control over financial data. The case study highlights the benefits achieved, such as increased balance sheet integrity, streamlined audits, and the ability to focus on strategic accounting tasks. It emphasizes the importance of training and upskilling staff to fully utilize the capabilities of BlackLine, ultimately leading to a more effective and efficient reconciliation process.