BlackLine

BlackLine Reviews

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Ratings and Reviews
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Score 9 out of 10
Vetted Review
Verified User
Review Source
Excel is an extension of Accountants....we are comfortable with Excel and can adapt it for many activities such as balance sheet reconciliations and month-end close lists. For 20 years of my career, that's what the organizations I worked for used. So, when we were looking for a solution, we wanted something that was based in Excel. After we participated in a Blackline demonstration, we realized to be effective the platform didn't have to be Excel-based. We were confident all of Blackline's features (data importing, recon templates, matching, system certifications, etc.) could be more efficient, accurate, complete, and controllable than Excel or a solution where Excel is the tool's platform.
Anitra Myrick | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Review Source
Blackline outperformed both FloQast and Vena in our RFP. The staff felt that Blackline was the most user-friendly. Both FloQast and Vena try to sell you on linking to already saved documents instead of saving documents onto their systems. They're both more of an Excel Add-On. We felt that Blackline allowed more flexibility and I actually like the idea of having support saved in the reconciliation system. Also, you don't necessarily need Excel experience to use it and we have some staff (non-accountants) that we wanted to use the system to track grants, claim submission due dates, etc., not related to month-end close. These staff members easily grasped Blackline but struggled with Vena and FloQast.
November 09, 2021

Billing Made Simple

Score 8 out of 10
Vetted Review
Verified User
Review Source
BlackLine seamlessly aligns with our ERP systems and future technology, which was a key feature we were looking for. We were able to have the whole implementation process completed in a six month timeframe which was critical as well. BlackLine is able to perform all required service billing allocation processes and retains billing support details in one place.
Brandon Smith | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Review Source
I found this tool truly helpful and best as it meets our organization's all needs fully. The best thing is that it streamlines account reconciliations by centralizing all data in one location. Now our managers can easily maintain track of the monthly financial closing procedure efficiently that is why I took this tool among others. I also tried the other two tools but according to our requirements, BlackLine is the best solution ever.
Nick Evans | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User
Review Source
The Q&A tool has similar abilities to allow users to query in many ways but is bound by the limitations of Microsoft Excel, which is not a concern when using Blackline. Blackline is a standalone tool and I personally have not incurred any downtime or unexpected outages with the site.
July 22, 2021

New BlackLine User

Joseph Healan | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Review Source
We use Cognos for some reports and other features but we are excited about getting those same reports from a unified system that also house and tracks our data maps and our universal chart of accounts. We are using the new open access to data from all other areas to develop key metrics for measuring one plant against another, even if their scope in size is different.
Score 9 out of 10
Vetted Review
Verified User
Review Source
Prior to BlackLine or process was manual. Manual journal entries, manual approval, manual account reconciliations. This was time-consuming and not productive. Blackline has removed the need for monthly/yearly stacks of binders and paper. All backup can be added directly into the system; if there is not enough information, then the approver just kicks it back.
Score 9 out of 10
Vetted Review
Verified User
Review Source
I have not had the opportunity to use other account reconciliation tools. Prior to Blackline, we performed all of our balance sheet reconciliations manually in excel. Moving to Blackline was a huge improvement. They really provide all the tools necessary to be successful. Very happy with the time savings we've realized.
July 14, 2021

Blackline is great!

Score 10 out of 10
Vetted Review
Verified User
Review Source
I haven't used or searched for other products. This makes it difficult to assess how it stacks up against the competition. However, I can fairly say that Blackline has all the features you would need to help the intra and back-ends of the accounting close process and would be a great investment.
Marta Budzan | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Review Source
The company is midsize, everything was performed manually before; Blackline was a great step in the proper direction. It was easy to adopt, reduced manual work, shortened the close time, and was very easy to use for everyone. The customer service is a pleasure to deal with.
Jennifer Nicholoff | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Review Source
SharePoint is just a repository, so it is nearly useless for reconciliations. BlackLine allows for better analysis of accounts, it provides workflow options to show that the reconciliations and tasks have been certified, and since it is web-based there's no chance of anyone deleting or moving files and losing data.
Score 9 out of 10
Vetted Review
Verified User
Review Source
For FloQast, the answer is easy as they have built their platform around integration with existing Excel workbooks which is exactly what we were trying to get away from. Cadency has a lot of similarities to BlackLine and in some areas it had a more fluid UI experience however the key differentiator was BlackLine's Data Import Template. The DIT allows users to upload directly into BlackLine large amounts of data which becomes crucial whenever updates are made to the company's existing Chart of Accounts.
Dennis Herrera Elizondo | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User
Review Source
From the cost perspective, BlackLine stands out over Cadency, since the company was really focus on budget when looking for new solutions to manage month end close activities, one of the reasons we selected BlackLine was the portfolio solution and price were align to our needs, as well as we couldn't find a major difference for the cost in terms of quality of the solutions offered.

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.

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Frequently Asked Questions

What is BlackLine's best feature?

Reviewers rate Implementation Rating highest, with a score of 9.1.

Who uses BlackLine?

The most common users of BlackLine are from Enterprises and the Financial Services industry.