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BlackLine

BlackLine

Overview

What is BlackLine?

BlackLine automates the the processes required to finalize periodic closing of the books. Beyond close/reconciliation management the product includes capabilities to enhance the management and control of financial processes throughout the accounting cycle.In October 2020, BlackLine acquired Rimilia, an AR…

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Recent Reviews

BlackLine Review.

7 out of 10
June 11, 2024
Incentivized
We use BlackLine to track period-end close tasks, perform reconciliations of general ledger accounts, and maintain an audit trail that is …
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BlackLine Review

9 out of 10
March 31, 2024
Incentivized
We use BlackLine for Journal Entry and Reconciliation approvals within our organization. I am a part of the Internal Controls team, so our …
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amazing we want more

10 out of 10
March 28, 2024
I use BlackLine (BL) for reconciliations - in my case I cannot integrate the tool for credit cards recs with BL for some reason. I would …
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Excellent Product!

9 out of 10
October 22, 2023
BlackLine will allow us to more efficiently and effectively complete account reconciliations. We will be able to more readily analyze our …
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Awards

Products that are considered exceptional by their customers based on a variety of criteria win TrustRadius awards. Learn more about the types of TrustRadius awards to make the best purchase decision. More about TrustRadius Awards

Popular Features

View all 5 features
  • Detailed Audit Trails (54)
    8.7
    87%
  • Multi-currency management (30)
    8.1
    81%
  • Customizable Workflows (38)
    7.9
    79%
  • Journal entries and reports (42)
    7.9
    79%

Reviewer Pros & Cons

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Pricing

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N/A
Unavailable

What is BlackLine?

BlackLine automates the the processes required to finalize periodic closing of the books. Beyond close/reconciliation management the product includes capabilities to enhance the management and control of financial processes throughout the accounting cycle. In October 2020, BlackLine acquired…

Entry-level set up fee?

  • No setup fee

Offerings

  • Free Trial
  • Free/Freemium Version
  • Premium Consulting/Integration Services

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Features

Consolidation and Close

Consolidation of data from multiple entities with currency management, reporting and audit trails.

8
Avg 8.3
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Product Details

What is BlackLine?

BlackLine automates the the processes required to finalize periodic closing of the books. Beyond close/reconciliation management the product includes capabilities to enhance the management and control of financial processes throughout the accounting cycle.

In October 2020, BlackLine acquired Rimilia, an AR automation solution. Rimilia's capabilities are now part of the BlackLine platform.

BlackLine Features

Consolidation and Close Features

  • Supported: Financial data consolidation
  • Supported: Journal entries and reports
  • Supported: Multi-currency management
  • Supported: Detailed Audit Trails
  • Supported: Reconciliation Automation
  • Supported: Close Checklist
  • Supported: Customizable Workflows

Additional Features

  • Supported: Intercompany Non-Trade
  • Supported: Intercompany Balance & Resolve
  • Supported: Intercompany Net & Settle
  • Supported: Compliance
  • Supported: Financial Reporting Analytics

BlackLine Videos

BlackLine Technical Details

Deployment TypesSoftware as a Service (SaaS), Cloud, or Web-Based
Operating SystemsUnspecified
Mobile ApplicationApple iOS, Android

Frequently Asked Questions

Reviewers rate Detailed Audit Trails highest, with a score of 8.7.

The most common users of BlackLine are from Enterprises (1,001+ employees).
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Comparisons

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Reviews and Ratings

(324)

Attribute Ratings

Reviews

(1-25 of 247)
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Score 5 out of 10
Vetted Review
Verified User
Incentivized
  • Store Documentation
  • Reminders on when tasks are not complete
  • Keeping a chain of command for controls purposes
  • Interface not intuitive
  • Difficult to set up new tasks
  • Due dates for tasks not intuitive
Score 10 out of 10
Vetted Review
Verified User
Incentivized
  • Reconciles two sets of data
  • Identify Duplicates in uploaded data
  • Ability to set up match sets of many different kinds of data
  • It's not as easy to use as some other platforms
  • Requires advanced training to be able to use at intermediate level
  • It would be great if one can see their notes as opposed to having to click a link
June 11, 2024

BlackLine Review.

Score 7 out of 10
Vetted Review
Verified User
Incentivized
  • Maintains certification records, clearly showing reviews and approvals of tasks and reconciliations.
  • It has multiple reconciliation templates, allowing the user to find the best template for their needs.
  • It includes useful metrics and visuals to help the user keep track of their assignments and tasks/reconciliations that are coming due.
  • Make it easier to customize reconciliations and templates to suit the user's needs better.
  • Improve the user interface to make it easier to navigate and find the areas you're looking for.
  • Make the bank reconciliation matching module more user-friendly. It is difficult to create rules and modify data import without contacting support.
March 31, 2024

BlackLine Review

Score 9 out of 10
Vetted Review
Verified User
Incentivized
  • The interface is very clean and easy to navigate, making it very user friendly.
  • The ability to communicate with preparers and approvers within the platform is a great feature.
  • The ability to easily export items to PDF is great for auditing and documentation purposes.
  • My only recommendation would be better reporting. The reporting feature is very customizable, but there are certain reports that do not exist or are difficult to find.
March 28, 2024

amazing we want more

Score 10 out of 10
Vetted Review
Verified User
  • Tasks feature
  • Integration with SAP
  • Reconciliations easy and clean
  • Fast
  • allows me to manage my time efficiently
  • Improve Variance analysis to be more user friendly without need of downloading in excel
  • Integrations with other tools like ReconNet - Trintech product for Credit Cards recs
  • More flexibility in the grouping - sometimes groups done by currencies left me with more recs to complete
Score 10 out of 10
Vetted Review
Verified User
Incentivized
  • Account Reconciliations
  • Journal Entries
  • Tasks
  • Would like to have some out of the box examples on how to automate journals
  • Need to have a easier way to put custom screens/data on the home screen
  • Would like to have the ability do more on the mobile app
Score 10 out of 10
Vetted Review
Verified User
  • Reconciliations can be set up in many different ways, however you need, and is very easy to use.
  • Tasks have made it so we always know where we are at as individuals and as a team. If someone is behind, we can view that, and someone can jump in and assist when necessary. A very team-friendly addition.
  • The journal entries function is a great process as there is a definite separation of duties and an audit trail that cannot be edited, which can be provided upon request. When it can be set up to automatically "speak" to your accounting system, the process is even better as there is limited manual touching.
  • I have not found the customer community to be as helpful as we were told it would be.
  • When setting up our Matching abilities, we did not have a team big enough to have one or two people 100% focused on that set up and it took longer than we anticipated because of that. It was understandably upsetting/frustrating for the BlackLine set-up team, but it should have been something they were aware of as it was explained that we had limited staff and could not give 100% to this project until it was complete. We were able to give them a small amount of time each week.
  • Deleting/removing tasks or duplicate reconciliation accounts is not always easy to do, and requires someone with quite a bit of knowledge of the admin side to walk someone through it.
Score 10 out of 10
Vetted Review
Verified User
Incentivized
  • Connecting to SAP
  • Automating recurring manual steps
  • Visibility to leadership
  • Less time spent initially acting upon tickets
  • Better connectivity with ERPs other than SAP
  • Provide a list of choices for generally requested customizations
Score 9 out of 10
Vetted Review
Verified User
Incentivized
  • Scalability to be able to start small and then continue to expand the use of BlackLine with additional modules
  • The implementation process is smooth and it is nice to have dedicated support throughout the process
  • Customer focus of hearing what users want to see for future products
  • It is a bit daunting to implement at first
  • Change management with internal Finance teams
Score 10 out of 10
Vetted Review
Verified User
Incentivized
  • Customer Support is AMAZING
  • Everything is user friendly
  • BlackLine cares about listening to customer's needs.
  • Daily certification!
  • Being able to maintain seeing the reconciliation while entering a comment.
  • User groups for industries (financial institutions)
September 18, 2023

BlackLine

Score 10 out of 10
Vetted Review
Verified User
  • Account visibility
  • Efficiency
  • Automation
  • More information to the users of all the BlackLine capabilities
September 18, 2023

Love BlackLine Recs

Score 10 out of 10
Vetted Review
Verified User
  • no need for spreadsheets
  • Easier way to find an answer in the Community center. I ask a question and see a lot of customer comments, and but I'm looking for the instructions to do something.
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