BlackLine

We utilize Blackline for managing month end close tasks and account reconciliations. We use the Matching tool to automate some reconciliations that are very manual and have a high volume of transactions. The account reconciliations help provide a snapshot of all reconciliations that exist, which are reconciled/not reconciled, etc. It has helped improve efficiencies in our close process as less time is spent on manual excel reconciliations. The tasks tool keeps us all accountable for the responsibilities we have and ensures we do not miss any critical steps in our close process.

We use BlackLine for Balance Sheet Account Reconciliations, Journal Entries and Close Tasks. BlackLine makes it possible to have a continuous close because it is integrated with our ERP system and the balances automatically update and notify a user if their reconciliation has changed. It has made it possible to collaborate from all over the world and reduces the audit burden as auditors are able to go in directly and obtain the support needed.

My organization uses BlackLine as a process flow solution to manage a multi-national team across different time zones. It is an organizational tool that helps with visibility and a real-time understanding of where everyone's work status is. It is also helpful that the system automatically moves prepared reconciliations to a reviewer's queue, eliminating the need for communication outside of BlackLine as to the status of each reconciliation. It is also very helpful that BlackLine will automatically de-certify a reconciliation if the balance changes. This is a great feature that notifies the preparer if something is booked to an account without them knowing. It is an additional safeguard to know that the reconciliations are accurate and up-to-date. It would be nice to be able to assign a range of "days" that a task needs to be completed because sometimes the task does not need to be done on one day of the month-end close, in particular. Additionally, if a colleague leaves the company, the remaining team members are unable to remove recurring comments that the former colleague included in the reconciliation. Overall, BlackLine has been instrumental in our general ledger team's ability to meet our month-end/quarter-end/year-end close deadlines.

We use Blackine as part of the month-end balance sheet reconciliation process. It has provided our organization with the visibility and a unified process adopted by everyone in our department. Blackline enables a more efficient and timely manner in which reconciliations can be submitted and is really helpful in the self-management of outstanding items to complete. I also find the fact you can go and check any REC completed by me since it has been implemented which has allowed me to quickly investigate items that may have arisen in the past. It is very helpful you can add attachments and comments and carry them forward which saves a lot of time MoM. I particularly enjoy the amortization tools that can be optimized to run schedules every month and how easy it is to reconcile for different currencies, particularly for EMEA-based entities.

I use Blackline to prepare the monthly reconciliations and summarize my monthly tasks and responsibilities. It is a great tool that helps to stay organized. The reconciliations are stored in one place; it is easy to view the prior month's activity, easy to view the supporting documentation. It is also used for tracking and auditing purposes.

My A&F teams have been using BlackLine for Account Reconciliation, Journal Entries, and Task Management for a little more than three years. It saves us tremendous time during the closing period, more accuracy, transparency and control. The experience I have had with BlackLine implementation consultants and BlackLine support team are remarkable.

BlackLine is used in our day-to-day activities including task organization, reconciliation, and managing different accounts. BlackLine is useful in helping us identify variances in our accounts and managing tasks.

Blackline helps us maintain close efficiencies and find the gaps through the reporting analytics to help us achieve a faster and more accurate close. This also houses all of our reconciliations and approvals (time stamped). We currently use this mainly in the US but will be rolling it out internationally to all of our teams within the year.

Our main usage of Blackline consists of organizing our tasks and reconciliations. This helps us to delineate the responsibilities of each team member, and ensure that all necessary work is completed every month. Along with this, Blackline assists us in tracking and correcting any possible issues that arise during these processes. Along with this, Blackline helps us to automate and improve upon already existing processes. the customer service department is friendly and helps to create solutions that are specific to your company.

BlackLine is an amazing tool once you set [it] up it just rolls based on rules and assignments. We use to manage [the] full close process with Task Mgmt. Account recons have many templates to help automate and even drive journal entries. We record all journal entries in [BlackLine] and use a variance tool to manage flux analysis. Set up is key to make sure you don't bring a bad process in and you think of [future] growth within your organization.

We used BlackLine for over 4 years, first used BlackLine for account reconciliation, then matching, task management and journal entries. Matching is a very powerful tools that we can finish bank reconciliation within 1 hour. We are looking to expand more modules in next year, such as variance, amortization and AR automations.

Chevron is using BlackLine to allocate internal service billings for the global enterprise. We were able to streamline and standardize multiple Service Provider billing processes through this tool that automates the monthly allocations. BlackLine enables one system of record for invoicing and detailed documentation for audit, tax and partner recovery.

This effective and next-generation AR automation platform unleashes our working capital and collects cash also orchestrates and automates accounts receivable and intercompany accounting processes. This efficient and effective platform improves our financial close accuracy by giving our accountants a streamlined way to check the accuracy and appropriateness of their balance sheets. Its account reconciliation features automate and streamline our reconciliation process to provide highly qualitative and accurate financial statements. We have been using this unified cloud solution in our accounting and finance department to automate our financial close. Above all, it is extremely important to our company.

We are using Accounts, Tasks, and Matching. The product is being used globally for all legal entities and all ERP systems. We moved to BlackLine globally following the merger of Shire into Takeda. We still have different ERP systems and need a best in class tool for balance sheet reconciliations, journal approval and month-end close. BlackLine provided us a way to coordinate our month-end close activities and manage our key controls.

We currently use Blackline's Account Reconciliations, Task Management and Journal entry modules. The company has had a phased approach for the rollout and has been continuing on the journey of optimizing the usage of the tool.Blackline adds a great value to the close process - from using task management, automating journal entries to account reconciliations - Blackline provides a suite of applications to manage the end to end close cycle. Blackline has been instrumental in managing the close process better.

We use Blackline Accounts Reconciliation, Tasks and Matching. We use Blackline in the accounting department and with our auditors and examiners. Auditors and Examiners have access as read only and this year during their review gave high marks to the software and it's ease of use. The tasks and month end closing process in Blackline has allowed transparency on where we are in the month end closing process. I no longer need to send an email or pick up the phone to ask staff where they are in the process. I can simply look at Blackline and see what still needs to be completed. The matching piece of Blackline is where the magic is. It's a powerful tool that is flexible and saves all the manual time in spreadsheets and highlighters 'ticking and tying' on account reconciliations. It also greatly reduces our errors and rework.

We use BlackLine for account reconciliations, journal entries, and reporting. BlackLine is being used by multi-levels of the accounting field, from the most entry-level position, processing transactions to upper management for financial reporting. BlackLine streamlines our month-end process, by having journal entries and reporting all in one place. We are able to follow month-end schedules and have automatic journal entries posted, so nothing is forgotten.

We are using Accounts, Tasks, and Matching. The product is being used globally for all legal entities and all ERP systems. Our company was created by a merger of two great companies, Clock Spring and NRI. We were on different ERP systems and needed a system-agnostic tool for balance sheet reconciliations and month-end close. Blackline provided us a way to coordinate month-end close, control balance sheet reconciliations, and status visibility for both.

Blackline really helped our organization to get visibility on the accuracy and timeliness of our reconciliations. We have over 300 month-end tasks. Prior to Blackline, it was a challenge to ensure and have confidence that all these tasks were being completed accurately. We currently have a remote workforce so it certainly helps with monitoring tasks, even those not related to month-end. You can build anything into Blackline that you need to track on a recurring basis.

Blackline Reconciliation & Matching Modules are utilized to organize and optimize the account reconciliation process. The ability to organize, manage & manipulate the data in different ways depending on account allows the user & reviewer to see what is important more efficiently. All accounts are reconciled within Blackline and the bank accounts are leveraging the matching module at the moment.

Blackline is being used by the US Finance operations team to perform account reconciliations. Prior to implementation we manually performed all of our balance sheet reconciliations by hand or in excel. It was extremely time-consuming, used up a lot of paper, and made it almost impossible to monitor progress.

We utilize BlackLine's automated journals to automate our manual hospitality journal entries. This saves a substantial amount of time in the preparation and review of the journal entries. In addition, it eliminates the potential of any manual data entry errors. We're deploying BlackLine's automated journal entries in all various departments of accounting.

We started to work with BlackLine in 2019. Currently, we are using the Reconciliation and the Task module. For Reconciliations, we have users all over the globe. BlackLine has centralized our data, eliminating the use of Excel files and the need to send multiple emails back-and-forth for checking. Now everything can be found in one centralized place that is always up to date and where all necessary documents are stored. It’s easy to use, helps to decrease workload with auto-reconciliation rules while letting you focus on accounts that need it. The Task module helps standardize tasks, making sure nothing is forgotten and done at the appropriate time. We use it for monthly, quarterly, and annual tasks. BlackLine has clear overviews in Dashboards, very high-quality online training available at BlackLine University (available for all users), a very good support team and is continuously improving.

BlackLine is used by the entire accounting department. It solves several problems for our organization. BlackLine streamlines the month-end close process by essentially creating a to-do list of entries, a seamless approval process, and integration with our ERP system. It provides us with a platform to organize and explain balances in our accounts. We are now looking to implement the matching functionality to solve the problems of large data sets within Excel.

We are currently using BlackLine in our Financial Accounting groups for Account Reconciliations, Reconciliation Approval, and Cash Matching. This enables us to have more efficiency for our account reconciliations throughout our approval process. It also saves the company time having all of our reconciliations in one place and all the previous months data at our fingertips. We went live for Cash Matching in 2019 and it has streamlined the Cash reconciliations having all the matching data in one program for better review and audit trail.