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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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How BlackLine Differs From Its Competitors

Partnership

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
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Partnership

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.
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Partnership

We are fairly new to this but from the most part it's something that the leadership is excited about and feels is already driving positive change and increased productivity.
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Partnership

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 …
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Partnership

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 …
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Partnership

The real surges available have been excellent for identifying and understanding all the characteristics and fields that are used so that when reports are generated we have a clear understanding of the data being viewed and the story it is telling.
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Partnership

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 …
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Partnership

Although it takes a while to implement, it has helped automate mundane processes and provided uniformity and structure to how processes are accomplished.
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Partnership

BlackLine allowed us to meet our digital transformation initiatives quickly.
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Partnership

BlackLine has impacted the way we do things and how we plan on improving current processes.
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Partnership

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.
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Partnership

BlackLine has been a great partner, always working with us to solve our business problem. They always bring the appropriate subject matter exerts to the table.
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Partnership

It has streamlined our Account Rec process and the Task Mgnt has helped keep us on schedule for our close.
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Partnership

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
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Partnership

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 …
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Partnership

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 …
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Partnership

Increase efficiencies around automated journals and auto-certification of reconciliations and journals and more granular insight into data painpoints.
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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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BlackLine

BlackLine

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 Competitors

BlackLine Technical Details

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

Frequently Asked Questions

FloQast, Oracle Fusion Cloud Enterprise Performance Management, and Adra by Trintech are common alternatives for BlackLine.

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

(1-8 of 8)
Companies can't remove reviews or game the system. Here's why
September 13, 2023

Excited to keep on the automation journey with Blackline!

Jodi Martin, CPA | TrustRadius Reviewer
Jodi Martin, CPA
Senior Accounting Analyst
Chelan County PUD (Utilities, 501-1000 employees)
Score 10 out of 10
Vetted Review
Verified User
Incentivized
Implementation Rating
10
Our implementation went well. The issues we need to work on now are making sure that we are taking advantage of the streamlining BlackLine has provided and not just doing all that we did before and Blackline's version of the same processes.
June 01, 2022

BlackLine solves close process challenges by automating the majority of the headaches

Verified User
Director in Finance and Accounting
Gambling & Casinos Company, 1001-5000 employees
Score 9 out of 10
Vetted Review
Verified User
Incentivized
Implementation Rating
9
A longer implementation of learning the ins and outs of BlackLine will improve the success of the system over time. There a quite a few fields we did not use as the organization as a whole did not have them defined prior to implementation.
January 25, 2022

Automation, Transparency, Accuracy and Controllable

S.Michelle Chan | TrustRadius Reviewer
S.Michelle Chan
Prin Accountant
Mercury Systems (Computer Hardware, 1001-5000 employees)
Score 10 out of 10
Vetted Review
Verified User
Implementation Rating
10
You will have to meet up with your final users, approver, internal auditor and accounting policy holder. Everyone has to agree. When you have a well written process, workflow, policy, approval requirement, and control, your implementation process will be much easier.
September 18, 2019

Happy BlackLine Customer

Verified User
Manager in Finance and Accounting
Pharmaceuticals Company, 1001-5000 employees
Score 10 out of 10
Vetted Review
Verified User
Implementation Rating
10
Change is something you deal with on any new implementation. Users were already experienced with SAP Gen template. This was a new way of doing things so education of everyone was critical to success. Selling folks on this was an easier way to do their job was the key to success.
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