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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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Budgyt is a platform made to simplify business budgeting. With built-in functions designed for data integrity, team collaboration, and scenario planning & analysis, Budgyt is presented as an optimized budgeting experience that rids users of complex, error-prone spreadsheets and the time-consuming…

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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 36)
Companies can't remove reviews or game the system. Here's why
Elisaveta Mitova | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Incentivized
We are going to modernize our Balance Sheet Reconciliation process with more sophisticated tool BlackLine. We are going to substitute our SSF tickets (SSF=Shared Service Framework - SAP system) with Journal Voucher entries from BlackLine
March 31, 2024

BlackLine Review

Score 9 out of 10
Vetted Review
Verified User
Incentivized
BlackLine has helped bring our company into a much more efficient and automated way of doing things. This has made a very positive impact on productivity and accuracy.
Score 10 out of 10
Vetted Review
Verified User
BlackLine has made our accounting close to be a faster and less stressful experience from day one. Where our 6-person team would be here, days 1 to 7, early and stay late in the evening to complete all of the tasks manually, transitioning to BlackLine has allowed our 4-person team to continue their normal working hours every day, regardless of whether it was day 1 or day 10. No more early mornings or late evenings. It has also created an environment where our team is more of a team, willing to help when and where necessary, because they are not as stressed trying to complete their own tasks. There is typically time to spare for someone that might be having an off day or who is unable to work for whatever reason.
Score 9 out of 10
Vetted Review
Verified User
Incentivized
The partnership with BlackLine has been positive. The account manager has been supportive and has helped us stay informed on the product as well as helping ensure we stay up to date with the platform. We are also continuing to assess what areas we can improve by potentially implementing other BlackLine modules
October 22, 2023

Excellent Product!

Score 9 out of 10
Vetted Review
Verified User
BlackLine's support is unbelievable. They have created an IT company that you want to have a dialogue with and converse with. Many IT companies make it difficult to gain knowledge and solve issues, but BlackLine makes it easy. BlackLine's CEO has even offered to personally answer any questions! I look forward to continued use of BlackLine.
Score 10 out of 10
Vetted Review
Verified User
Incentivized
Although it takes a while to implement, it has helped automate mundane processes and provided uniformity and structure to how processes are accomplished.
October 21, 2023

Goes Beyond

Score 9 out of 10
Vetted Review
Verified User
BlackLine allowed us to meet our digital transformation initiatives quickly.
September 18, 2023

BlackLine

Score 10 out of 10
Vetted Review
Verified User
BlackLine has impacted the way we do things and how we plan on improving current processes.
Score 9 out of 10
Vetted Review
Verified User
Our business is using BlackLine to keep up with with current trends in accounting and finance. I've never seen BlackLine utilized the way it is here. There are many possibilities for process improvements.
September 18, 2023

Love BlackLine Recs

Score 10 out of 10
Vetted Review
Verified User
It has streamlined our Account Rec process and the Task Mgnt has helped keep us on schedule for our close.
September 18, 2023

We love BlackLine!

Score 10 out of 10
Vetted Review
Verified User
Incentivized
They are checking on us consistently to see how they can help. It brings these back to top of mind for us to help us continue to work through automating and improving our processes
Naomi Garcia, MBA | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
We rely on our BlackLine partners to help guide us through our strategy and goals in order to be successful. Currently we are working through expanded adoption on account recs and in the near future we will utilize our Customer Success Manager to guide us through optimizing our reconciliation templates. After that we are going to look to expand our product suite. We couldn't do it without our amazing partnership!
September 15, 2023

User Friendly

Score 8 out of 10
Vetted Review
Verified User
Incentivized
Blackline help to put all the separate processes into single platform where this will help to retrieve related data in more efficient way. Audit trail of the financial adjustment helps to enhance internal control and proper approval obtained before posting the financial adjustment which could lead to huge impact to the company financial statements.
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