BlackLine vs. Oracle Cloud EPM

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
BlackLine
Score 8.9 out of 10
N/A
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.N/A
Oracle Cloud EPM
Score 8.2 out of 10
N/A
Oracle’s complete EPM suite is designed to give users the agility needed to respond to change faster. Combined with the simplicity of the cloud, it enables companies of any size to drive accurate and agile plans across finance and operational lines of business, accelerate financial consolidation and close processes, streamline internal and external reporting, and ensure compliance with financial and tax reporting regulations, according to the vendor. Planning - Don’t just plan it,…
$250
per user/per month
Pricing
BlackLineOracle Cloud EPM
Editions & Modules
No answers on this topic
EPM Standard
$250
per user/per month
EPM Enterprise
$500
per user/per month
Offerings
Pricing Offerings
BlackLineOracle Cloud EPM
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoYes
More Pricing Information
Community Pulse
BlackLineOracle Cloud EPM
Considered Both Products
BlackLine
Chose BlackLine
Oracle Consolidations and Close has been evaluated, but it is significantly harder to get set up and easier to break.
Oracle Cloud EPM
Chose Oracle Cloud EPM
Oracle EPM did a fabulous job in our webinars and focused demos.
Chose Oracle Cloud EPM
ARCS provides tight integration with Oracle ERP Systems
Top Pros
Top Cons
Features
BlackLineOracle Cloud EPM
Consolidation and Close
Comparison of Consolidation and Close features of Product A and Product B
BlackLine
9.0
2 Ratings
Oracle Cloud EPM
9.0
20 Ratings
Journal entries and reports9.01 Ratings9.514 Ratings
Detailed Audit Trails9.01 Ratings8.216 Ratings
Financial data consolidation00 Ratings9.717 Ratings
Multi-currency management00 Ratings8.913 Ratings
Intercompany Eliminations00 Ratings9.014 Ratings
Minority Ownership00 Ratings8.712 Ratings
Local and consolidated reporting00 Ratings9.416 Ratings
BI Standard Reporting
Comparison of BI Standard Reporting features of Product A and Product B
BlackLine
-
Ratings
Oracle Cloud EPM
5.6
3 Ratings
Pixel Perfect reports00 Ratings8.12 Ratings
Customizable dashboards00 Ratings4.43 Ratings
Report Formatting Templates00 Ratings4.43 Ratings
Ad-hoc Reporting
Comparison of Ad-hoc Reporting features of Product A and Product B
BlackLine
-
Ratings
Oracle Cloud EPM
9.1
23 Ratings
Drill-down analysis00 Ratings9.522 Ratings
Formatting capabilities00 Ratings9.321 Ratings
Report sharing and collaboration00 Ratings8.419 Ratings
Report Output and Scheduling
Comparison of Report Output and Scheduling features of Product A and Product B
BlackLine
-
Ratings
Oracle Cloud EPM
9.0
19 Ratings
Publish to Web00 Ratings9.016 Ratings
Publish to PDF00 Ratings8.919 Ratings
Report Versioning00 Ratings9.017 Ratings
Report Delivery Scheduling00 Ratings9.015 Ratings
Data Discovery and Visualization
Comparison of Data Discovery and Visualization features of Product A and Product B
BlackLine
-
Ratings
Oracle Cloud EPM
5.9
3 Ratings
Pre-built visualization formats (heatmaps, scatter plots etc.)00 Ratings6.03 Ratings
Location Analytics / Geographic Visualization00 Ratings6.83 Ratings
Predictive Analytics00 Ratings5.13 Ratings
Access Control and Security
Comparison of Access Control and Security features of Product A and Product B
BlackLine
-
Ratings
Oracle Cloud EPM
9.2
24 Ratings
Multi-User Support (named login)00 Ratings9.120 Ratings
Role-Based Security Model00 Ratings9.323 Ratings
Multiple Access Permission Levels (Create, Read, Delete)00 Ratings9.020 Ratings
Single Sign-On (SSO)00 Ratings9.321 Ratings
Mobile Capabilities
Comparison of Mobile Capabilities features of Product A and Product B
BlackLine
-
Ratings
Oracle Cloud EPM
7.2
2 Ratings
Responsive Design for Web Access00 Ratings6.22 Ratings
Budgeting, Planning, and Forecasting
Comparison of Budgeting, Planning, and Forecasting features of Product A and Product B
BlackLine
-
Ratings
Oracle Cloud EPM
8.7
37 Ratings
Long-term financial planning00 Ratings8.829 Ratings
Financial budgeting00 Ratings9.537 Ratings
Forecasting00 Ratings8.936 Ratings
Scenario modeling00 Ratings8.634 Ratings
Management reporting00 Ratings7.832 Ratings
Financial Reporting and Compliance
Comparison of Financial Reporting and Compliance features of Product A and Product B
BlackLine
-
Ratings
Oracle Cloud EPM
8.4
33 Ratings
Financial Statement Reporting00 Ratings9.428 Ratings
Management Reporting00 Ratings7.931 Ratings
Excel-based Reporting00 Ratings8.430 Ratings
Automated board and financial reporting00 Ratings7.827 Ratings
XBRL support for regulatory filing00 Ratings8.519 Ratings
Analytics and Reporting
Comparison of Analytics and Reporting features of Product A and Product B
BlackLine
-
Ratings
Oracle Cloud EPM
7.7
25 Ratings
Personalized dashboards00 Ratings8.225 Ratings
Color-coded scorecards00 Ratings7.73 Ratings
KPIs00 Ratings7.44 Ratings
Cost and profitability analysis00 Ratings6.74 Ratings
Key Performance Indicator setting00 Ratings8.124 Ratings
Benchmarking with external data00 Ratings8.024 Ratings
Integration
Comparison of Integration features of Product A and Product B
BlackLine
-
Ratings
Oracle Cloud EPM
9.0
36 Ratings
Flat file integration00 Ratings9.434 Ratings
Excel data integration00 Ratings9.432 Ratings
Direct links to 3rd-party data sources00 Ratings8.128 Ratings
User Ratings
BlackLineOracle Cloud EPM
Likelihood to Recommend
9.2
(188 ratings)
8.5
(45 ratings)
Likelihood to Renew
9.1
(17 ratings)
9.0
(3 ratings)
Usability
8.6
(50 ratings)
8.0
(1 ratings)
Availability
9.1
(1 ratings)
10.0
(2 ratings)
Performance
9.1
(1 ratings)
9.0
(2 ratings)
Support Rating
7.3
(173 ratings)
6.8
(6 ratings)
Online Training
8.4
(2 ratings)
-
(0 ratings)
Implementation Rating
9.1
(10 ratings)
8.2
(32 ratings)
Configurability
-
(0 ratings)
5.0
(1 ratings)
Ease of integration
-
(0 ratings)
8.0
(1 ratings)
Product Scalability
9.1
(1 ratings)
8.0
(1 ratings)
Vendor post-sale
-
(0 ratings)
7.0
(1 ratings)
Vendor pre-sale
-
(0 ratings)
9.0
(1 ratings)
User Testimonials
BlackLineOracle Cloud EPM
Likelihood to Recommend
BlackLine
BlackLine is a very robust system and is capable of improving processes. However, it does take time and resource investments. If companies do not have the time and resources and are not willing to invest time and resources, this product will not solve their issues. This is an investment and can be an incredibly powerful tool; however, it won't do the work without guidance. The level of engagement and size of project may evolve over time, however, companies need to understand that it is not an overnight success, but the success that can be achieved in the long run is worth it. I also recommend working with a seasoned implementation partner on a new project. As a company develops the skills to lead the transformation, a partner may not be needed as much, but it is definitely recommended to start.
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Oracle
It is well suited in a geographically distributed environment where you have various key participants in multiple time zones providing input and necessary explanations on performance and measured success It is less appropriate where you have a single office environment with a single finance department working together. It is also less suited when the GL is NOT an Oracle product and the interface between the GL and the reporting software needs to be implemented with utmost care and handling.
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Pros
BlackLine
  • Saving time! Our manual process became automated the minute we "turned on" Blackline!
  • Focus! By saving time using Blackline, our employees are able to focus on other job responsibilities and profit-generation
  • Support! Blackline's support throughout our implementation and post-implementation has been exceptional. We always receive timely responses and get answers fast, when needed
  • User Friendly! Their system is very easy to navigate. Even individuals in our organization that don't like or embrace change said the transition to Blackline was smooth and painless
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Oracle
  • Account Reconciliation CLoud Services provides tight integration with Oracle R12 and 11i . Provides drillback capability. It is flexible and provides rich functionality to users.
  • We have implemented ARCS on cloud and migrated planning and budgeting from On premise to PBCS and EPBCS. Functionality is onpar with onpremise. Provides regular updates monthly
  • We don't need to upgrades every year and saved a lot on Hardware.
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Cons
BlackLine
  • In the master journal entries, it would be nice if you could insert a line without having to rekey the entire entry over again.
  • Before I would have said the "to-do list" needed improvements, but now it is so easy to tell what I need to look at instead of searching each section for items.
  • It would be great if the "certify - next" worked on all reviews
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Oracle
  • The limitation of constrained out of the box dimensions that requires ripping the initial implementation to add the new dimensions is a major drawback.
  • Smartview interface is cumbersome for many.
  • The only financial adapter is available for integration for other modules we have to go with file-based uploads which is cumbersome and not real-time.
  • It is very costly in terms of licensing unlike other Oracle products.
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Likelihood to Renew
BlackLine
BlackLine is invaluable to our close process. The time saved from moving paper and auto-certifying can be used for better review of the data. It allowed our CFO and Board of Directors to have confidence that our close process was timely and accurate.
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Oracle
We have a pretty good userbase who are at the high level who gained value from this tool. Discontinuing this tool is prone to impact their day to day operations. Also the data in this tool cannot alter the source, which maintains the integrity of this tool. Smartview is a cool addition that gained lot of traction as well.
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Usability
BlackLine
There are some processes that we currently use that cannot be done in BlackLine. Our users don't want to change their processes or learn new processes even though it would make their jobs easier. We have very few users who have adopted BlackLine fully, and management has not made it a requirement to use the application.
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Oracle
EPM usability is good in some modules but needs some improvement in others
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Reliability and Availability
BlackLine
We never experienced an outage with BlackLine. The only time the system was unavailable was during planned outages for updates and upgrades usually Friday evening after 6pm pst until Saturday morning at 6am pst.
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Oracle
EPM has been so far available all the time
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Performance
BlackLine
BlackLine performs rather quickly considering the amount of data we were pushing in and out of it.
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Oracle
The product performance is so far very good
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Support Rating
BlackLine
My conversations with vendor representatives and our account managers have all been very positive. They provide solution suggestions that are tailored to our organization and requirements. Questions are answered quickly. The company seems genuinely interested in seeing our organization succeed, not only in the implementation and use of their product but also financially.
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Oracle
Support from our implementation partner is a 10/10, but support from Oracle is awful. Case in point: recently over a 2-day period, there were a series of intermittent outages. Oracle actually asked US for the outage time-stamps. I would have thought that, since we were paying them, they should probably be able to tell us!
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Online Training
BlackLine
Trainings are available for all topics on the BlackLine U portal. These were incredibly helpful when first starting with BlackLine to get the hang of it. Trainings are useful for any module. I have personally used this to teach myself how to use the tasks and variance modules, which are now fully utilized by my organization. The support team is also very helpful in training our team on anything additional we have needed.
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Oracle
No answers on this topic
Implementation Rating
BlackLine
You will have to meet up with your final users, approver, internal auditor and accounting policy holder. Everyone has to agree. When you have a well written process, workflow, policy, approval requirement, and control, your implementation process will be much easier
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Oracle
I suggest doubling the time to implement from the initial quote you get from the Sales team. That's always been the case for me for multiple EPMs now. The out-of-the-box functionality of Oracle Planning and Budgeting Cloud is pretty robust so I appreciate that and it really helped us get the ball rolling quickly.
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Alternatives Considered
BlackLine
I have not used any products similar to Blackline. However, Excel does offer many similar functionalities to Blackline in terms of reconciling accounts. Blackline offers many benefits over simply using Excel. The reconciliations are organized and easy to find, and they roll over each month on their own. They include the ability to auto-certify if they meet the criteria that your team selects. They also include an audit trail of documentation and approval for each step.
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Oracle
Oracle Planning and Budgeting Cloud fared very well against Adaptive, Anaplan, and Host Analytics. We ultimately decided on Oracle due to its reputation and strength of existing customers. We are happy with our decision.
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Scalability
BlackLine
After implementing BlackLine our company acquired another large company with multiple operations. We were able to use the COVID shutdown to bring them on board with BlackLine with little effort in the setup and training of the users.
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Oracle
The product is scalable
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Return on Investment
BlackLine
  • More insight into balance sheet account balances. Our team is more timely with getting errors fixed and monitoring important accounts.
  • The task management tool helps us ensure that we are completing all accruals and reviews each month. This has led to fewer errors and missing accruals.
  • Our use of BlackLine has greatly increased our efficiency by reducing manual work.
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Oracle
  • Significantly reduced the amount of money we spent for the maintenance of in-house hardware.
  • We now need less employees to manage the configurations of Oracle EPM Cloud.
  • There have been many time savings as a whole to apply to more productive causes.
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