BlackLine

We executed Direct Sourcing RFP and BlackLine was the chosen vendor. We purchased Balance sheet Reconciliation, SAP Connector, Matching module and Manual Journal Voucher. Currently we have implementation project with expected go live May'2024

We currently use it for our tasks, account recons, journals, and hope to have variances turned on here in the next few months. These modules have helped us speed up the journal entry and approval process. It has also streamed lined our reoncs to a cnetral data base from being saved per user on multiple locations.

We utilize BlackLine for Account Reconciliations, Journal Entries and Tasks. We utilize various reports from the tool to evaluate performance and track key performance indicators. Additionally we rely on both manual and automated controls around the tool.

I implement BlackLine for my clients and they use it to automate their various Close to Report processes, from recs to journals. BlackLine is a one-of-a-kind tool in the market. It helps tackle various intercompany pain points through a methodical, well-thought-out, end-to-end solution.

We use transaction matching in BlackLine to reconcile our fiduciary bank accounts. BlackLine has moved us out of the traditional Excel bank reconciliations and opened the door to automation. Our month-end close process for these accounts is more efficient than we ever imagined it could be, because of BlackLine.

We currently use Tasks, Journals, and Accounts. The product addresses our need to keep all data in one area where good data can provide accurate reports.

I am a reviewer of reconciliations and monitor monthly tasks to determine where we are on our close process. We needed a repository for all reconciliations and supporting documentation, as well as reportable data we can look at in a dashboard or report.

We previously had a very manual process which was fully excel based. With the BlackLine tools, we have been able to modernize our accounting function and increase flexibility and automation within our department. We use BlackLine for account reconciliations, journals, transaction matching, intercompamy management, and AR automation.

Blackline was used to perform balance sheet reconciliation as well as posting financial adjustment during month end closing. It is user friendly system where system will prompt error message when incorrect data inserted. The batch upload template of the financial adjustment template save time and work in efficient way to reduce any potential mistake.

Account Reconciliations, Journal Entries, Cash Applications, Task Management

We implemented BlackLine as part of our Finance Transformation process. It gave us great visibility not only of the month end close process, but the day-to-day accounting functions as well. We were able to reduce time to close and save hours of manual work and spreadsheets. We currently utilize the Reconciliations, Tasks and Matchin modules, but with the help of the Optimization team, we were able to automate AT and Fixed Assets Rollforward reconciliations. Great company

BlackLine has helped us move away from color coded massive excel documents, to a more streamlined and efficient approach in the accounting organization. Team members were spending hours updating massive excel workbooks entirely by rote with little to no understanding of the mechanics, which was a time drain and caused errors that were not always noticed. Since implementing BlackLine, we have saved hours of time and enabled the analysts to repurpose their time from building spreadsheets to analyzing the data.

We are just beginning the Automation journey and have implemented reconciliations and are working on tasks. We hope to add matching and journal entries after variance analysis. In the Black Conference is a great learning resource!

BlackLine is helping to streamline our process and ensure all tasks (such as journal entries and account reconciliations) required during a period-end are completed timely and accurately while providing insights into progress along the way. For us, the dashboard provides great visibility on the status of reconciliations and tasks assigned to both you and your team. Reports generated out of BlackLine are very useful as well.

we use BlackLine AR automation to assist in our cash application. we receive hundreds of payments on a daily basis with the same amounts and not a lot of remittance advice. this tool helps us apply the cash timely and in large volume

BlackLine is used at my organization as an automation tool to reconcile cash transactions in order to generate journal entries in an efficient manner. We also utilize BlackLine's account reconciliation module which adds a layer of sophistication and control to our month end financial close procedures.

I use for balance sheet reconciliation. It address internal control process. identifying any issue or error, reduces the manual work for reconciliation. Help in identifying the transactions.

We primarily use BlackLine to substantiate the month-end close for our growing portfolio of managed entities. Since we utilize many different banking solutions and have multiple bank accounts per entity, the volume of transactions we have to reconcile monthly was much too tedious to do manually with our accounting ERP. As such, we had previously spent a week out of our close just reconciling bank activity; now we are able to reconcile the cash accounts daily, with BlackLine doing most of the work.

We are currently using Blackline Matching and Reconciliations and have heard all great things from all of our Finance departments about improvements and time savings. The Reconciliations product has opened visibility of all recons to our Internal and External auditors and has allowed us to work on standardization across the board as well. Matching has saved so many hours from the financial close process and we have so many use cases we add to the list to start building all the time!!

Blackline plays a key role in our culture of process improvements. It has enabled our team to reduce the use of spreadsheets and manual procedures for many of our processes. We have rolled out multiple modules that provided instant wins. I cannot imagine going back to our old processes and handling our current volume without Blackline.

BlackLine is used to monitor our close processes, account reconciliations, and task management. It is only used in our accounting department, but benefits the entire company by ensuring that the data is accurate. We used to manage the close process in Excel which yielded no accountability and did not assure us that the work was getting done accurately.

The accounting department uses BlackLine for monitoring month end close tasks and balance sheet account reconciliations. We are currently implementing the matching module.

Blackline is a document repository and a financial closing tool for Journals, accounts and intercompany invoicing. The system helps in centralizing data, and standardizing our closing process all around the company.

We use BlackLine to prepare, review and approve journal entries to post to Oracle ERP. We also use BlackLine to prepare, review and approve month end Reconciliation and to document all related support. We also use BlackLine for reporting and data analysis. BlackLine helps us manager the month end close and reporting process seamlessly.

Our Business uses a variety of BlackLine products, most notably Journals, Reconciliations, and Tasks. We are starting to implement cash app and variance analysis soon. BlackLine helps address the very manual processes we have and either completely automates them or automates part of them improving the efficiency. In my BlackLine experience and journey the best way BlackLine has improved my job has been with account reconciliations, specifically using their transaction matching product. This allows a bank reconciliation to be almost completely automated allowing a much faster and accurate close process. Matching goes much further than just bank reconciliations and we have slowly been implementing it into reconciliations that require a higher level of detail.