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.
We also assessed the FloQast platform. We felt BlackLine offers more functionality which is why we chose the platform. FloQast was limited in what they offered and also did not automate reconciliations greatly as they would still be completed in Excel. BlackLine also has many …
The comprehensive functions that BlackLine have make it differentiate with others. End to end process in single platform helps user to work in efficient way as all the data is available in single system. Overall it is great experience using BlackLine and the user friendly …
We do not have experience with other similar products, but when we looked into other options, we discovered that at the time BlackLine offered the most advanced solution at a very competitive pricing.
I think both BlackLine and Oracle are amazing software. However, I believe BlackLine's interface is easier to follow than Oracles.
Verified User
Employee
Chose BlackLine
We have enable the Matching tool within the Reconciliation process to help our users to perform their reconciliation more efficiently and time saving. The benefits have helped us to spend more time on strategic planning for growth an expansion. The matching tool has been very …