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BlackLine

BlackLine

Overview

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…

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Recent Reviews

BlackLine Review

9 out of 10
March 31, 2024
Incentivized
We use BlackLine for Journal Entry and Reconciliation approvals within our organization. I am a part of the Internal Controls team, so our …
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amazing we want more

10 out of 10
March 28, 2024
I use BlackLine (BL) for reconciliations - in my case I cannot integrate the tool for credit cards recs with BL for some reason. I would …
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Excellent Product!

9 out of 10
October 22, 2023
BlackLine will allow us to more efficiently and effectively complete account reconciliations. We will be able to more readily analyze our …
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Goes Beyond

9 out of 10
October 21, 2023
BlackLine helps Carlisle Companies automate financial close processes across a disparate Finance and IT landscape. It gives us better …
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Awards

Products that are considered exceptional by their customers based on a variety of criteria win TrustRadius awards. Learn more about the types of TrustRadius awards to make the best purchase decision. More about TrustRadius Awards

Popular Features

View all 5 features
  • Multi-currency management (28)
    8.9
    89%
  • Customizable Workflows (35)
    8.9
    89%
  • Detailed Audit Trails (51)
    8.6
    86%
  • Journal entries and reports (41)
    8.4
    84%

Reviewer Pros & Cons

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Pricing

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N/A
Unavailable

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…

Entry-level set up fee?

  • No setup fee

Offerings

  • Free Trial
  • Free/Freemium Version
  • Premium Consulting/Integration Services

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Features

Consolidation and Close

Consolidation of data from multiple entities with currency management, reporting and audit trails.

8.5
Avg 8.4
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Product Details

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.

BlackLine Features

Consolidation and Close Features

  • Supported: Financial data consolidation
  • Supported: Journal entries and reports
  • Supported: Multi-currency management
  • Supported: Detailed Audit Trails
  • Supported: Reconciliation Automation
  • Supported: Close Checklist
  • Supported: Customizable Workflows

Additional Features

  • Supported: Intercompany Non-Trade
  • Supported: Intercompany Balance & Resolve
  • Supported: Intercompany Net & Settle
  • Supported: Compliance
  • Supported: Financial Reporting Analytics

BlackLine Videos

BlackLine Technical Details

Deployment TypesSoftware as a Service (SaaS), Cloud, or Web-Based
Operating SystemsUnspecified
Mobile ApplicationApple iOS, Android

Frequently Asked Questions

Reviewers rate Multi-currency management and Customizable Workflows highest, with a score of 8.9.

The most common users of BlackLine are from Enterprises (1,001+ employees).
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Comparisons

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Reviews and Ratings

(319)

Attribute Ratings

Reviews

(1-25 of 126)
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Score 9 out of 10
Vetted Review
Verified User
Incentivized
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 more modules that can further automate other areas.
September 15, 2023

User Friendly

Score 8 out of 10
Vetted Review
Verified User
Incentivized
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 system make it outstanding when compare with others
September 14, 2023

Great Solution

Score 9 out of 10
Vetted Review
Verified User
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.
Score 10 out of 10
Vetted Review
Verified User
BlackLine is User friendly which is major and attracts the end user easily to thier comfort.

As a whole when it comes to matching and task management its a quick win among the users because it just drives the process on its own.
AR helps with easy navigation and listing
Task management Given easy maintenance and end user listing which helps to track and monitor the close processes
Score 10 out of 10
Vetted Review
Verified User
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 helpful for our team and look to encourage other teams from our organization for usage.
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