BlackLine

BlackLine

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Top Rated
BlackLine

Overview

Reviews

Billing Made Simple

8
Chevron is using BlackLine to allocate internal service billings for the global enterprise. We were able to streamline and standardize …

BlackLine Review

10
BlackLine is currently used within the Accounting teams for Account Reconciliations and Tasks. It's such a user-friendly application, …

New BlackLine User

10
Our entire team is using it across several plants and other divisions. It helps greatly by giving us a framework to standardize older …

Blackline Review

8
We currently use Blackline's Account Reconciliations, Task Management and Journal entry modules. The company has had a phased …
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Great system and easy to use.

9
We use BlackLine for account reconciliations, journal entries, and reporting. BlackLine is being used by multi-levels of the accounting …
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Touchless Close

8
BlackLine is an amazing tool once you set [it] up it just rolls based on rules and assignments. We use to manage [the] full close process …
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Efficient Close Management

9
We use BlackLine for tasks & recons in the accounting department. It's mainly used by the General Ledger team, and we also have users from …
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Pricing

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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…

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  • No setup fee

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

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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.

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Reviews

(1-25 of 142)
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Score 9 out of 10
Vetted Review
Verified User
Review Source
Blackline is an excellent tool for balance sheet reconciliations and month-end close tasks. If you need to get control of your financial close processes, implementing the tool is a great start. It can do it. The variable is company and staff adoption. The other great thing about the tool is the organization supporting it. Blackline organization does a fantastic job in the following ways: (1) Asking for feedback on how the tool can be improved (2) Hosting free webinars/workshops giving novice and expert users and admins the opportunity to increase their competence and, ultimately, customer effectiveness (3) Experts from the salesperson who sold the solution, to the implementer, to Blackline Support....they all know what they are talking about....true SMEs (4) A 9 rating from me has to be earned and Blackline does the job. A solid tool for a fluid business world!
Anitra Myrick | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Review Source
You can use Blackline to track anything better than what can be tracked through the Outlook products. It allows you to add instructions, purpose, documents, and any other support to tasks or reconciliations. We use it for tracking grant billing and other contracts. It helps us to stay organized with the many different grants and how to bill under each one, which may be different. We didn't have a good depository for these items prior to Blackline and it helps with that, in addition to all the month-end efficiencies you get from using Blackline.
Score 10 out of 10
Vetted Review
Verified User
Review Source
I mainly use the Matching Module. BlackLine is very well suited for the Matching processes. Once you have been trained it is a powerful and user friendly tool that you can use to modify matches due to changes in your companies or third party files/sources. It has the ability to test changes and updates, in the Sandbox it is very critical in getting your updates/modifications fine tuned and correct.
November 09, 2021

Billing Made Simple

Score 8 out of 10
Vetted Review
Verified User
Review Source
BlackLine could be used to solve a multitude of manual or disparate intercompany processes. Chevron is currently using BlackLine as an internal cost allocation model and it is working well. We are also using BlackLine as a modeling tool for planning and forecasting.
Brandon Smith | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Review Source
It is well-suited for all types of enterprises and the financial services industry. I recommend this tool to every company due to many reasons like it manipulates false requests and restricts users to changing account balances. It offers centralized storage for reconciling items and supporting data by saving our money and time.
Score 9 out of 10
Vetted Review
Verified User
Review Source
Excellent tool for manual journal and account reconciliations approval. We also used the tool for ICO recharges in Shire in the past and this was also a very positive user experience. We have had challenges in the past with matching but this was down to our design.
Score 10 out of 10
Vetted Review
Verified User
Review Source
Blackline is great in an environment where staff is in multiple locations including working from home. It provides a hub for all the work to reside and access to that work by users. The matching tool is a must for anyone that has a reconciliations with numerous line items and colorful manual spreadsheets that are currently being used to complete the reconciliation.
Nick Evans | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User
Review Source
Blackline is great with high data volumes and is flexible to manage the information to add value when manipulating and understanding the data. Retaining the data and being able to query in different ways gives the user the ability to review activity with ease and not worry about traditional system limitations.
Score 10 out of 10
Vetted Review
Verified User
Review Source
BlackLine is well suited for organizations that have finance transformation on their road maps. It's a great tool to automate day to day accounting processes when properly deployed. This can include journals, reconciliations, tasks management, etc. BlackLine also serves as a document repository for our account reconciliation and manual journal process. This allows us to maintain the supporting documentation and history of the activity.
July 22, 2021

New BlackLine User

Joseph Healan | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Review Source
It is tailor made for a larger company with many divisions or facilities that need standardized homogenous reporting but also need independent review of each areas specific information. An accountant that processes entries for one area can do the same process for another area without the need for additional training or system access.
Score 9 out of 10
Vetted Review
Verified User
Review Source
Account Reconciliation automates month-end/quarter-end reconciliation process accurate financial statements. Matching module makes bank reconciliation a lot easy to do, accountant needs to only focus on the reconciliation.
November 08, 2021

Blackline Review

Score 8 out of 10
Vetted Review
Verified User
Review Source
Automated journal entries is a great feature - not only does it allow a workflow capability for audit and SOX purposes, but by automatically interfacing with an ERP it ensures that no errors occur between the approval and the posting of the entries. The ability to tie journal masters to tasks is a great productivity enhancer.

Score 9 out of 10
Vetted Review
Verified User
Review Source
BlackLine makes it easy for audits. When we have a balance sheet audit, the internal audit team has their own access. No need to stop someone and ask for information. The auditors can go in, review what they need and then ask the department heads for more information, as needed. It makes the audit process much easier and [there are] fewer interruptions.
Score 9 out of 10
Vetted Review
Verified User
Review Source
Blackline is an excellent tool for account reconciliations. It allows transparency into the process, workflow automation, and an audit trail. It has saved us a significant amount of time across the entire finance team. All of our support is now saved within Blackline versus sitting in file cabinets spread out among the office.
Score 9 out of 10
Vetted Review
Verified User
Review Source
BlackLine is great for large companies that need to organize their accounting tasks and assign them to associates. It helps make getting through audit a breeze. It is also great for reconciling multiple and/or large data sets and freeing up associates from manual data manipulation. The cost may be prohibitive to smaller organizations.
Score 10 out of 10
Vetted Review
Verified User
Review Source
Our company has many subsidiaries globally in numerous ERP's, BlackLine was able to consolidate balance sheet accounting into a single source. The administration of BlackLine is easy to perform. Not sure if there is a light implementation but I know you can customize your needs based on specific modules, many of which work together but as your company grows you can expand and utilize more of the BlackLine functionality.
November 19, 2021

Touchless Close

Score 8 out of 10
Vetted Review
Verified User
Review Source
I don't know any other tool that competes with BlackLine for [an] end-to-end close mgmt system. You have to make sure your team is trained, you think about a training methodology to ensure refreshers and best practices because there is still room for little vs high use of took especially with account recons.
Score 9 out of 10
Vetted Review
Verified User
Review Source
BlackLine is great for keeping us organized at month end and even throughout the month. Being able to route approvals through the system & attach files to tasks and recons is very helpful to both the accounting & audit groups. A larger size limit would be helpful. Sometimes we have to include a link to a file rather than the actual file which is less helpful b/c the file path could change. We also sometimes remove links or macros to make a file smaller, but that's extra work that would be nice to avoid.
Score 10 out of 10
Vetted Review
Verified User
Review Source
BlackLine has many functionalities that can take data and prepare and format data that a preparer would have to do manually in Excel. This frees up time for preparers to perform value add activity/tasks/analysis. Automation at its best with BL!
Marta Budzan | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Review Source
Blackline is well suited for Balance sheet reconciliations. It allows for any user to have access to all the different types of accounts in one unified system. This aids in audit concerns since all of the supporting information gets uploaded in a timely manner upon preparing the reconciliations. This system allows for faster approvals and reviews since all of the information related to various accounts can be found in one location.
May 10, 2021

Blackline

Fahreen Rattani CPA CMA, PMP | TrustRadius Reviewer
Score 7 out of 10
Vetted Review
Verified User
Review Source
Besides the account reconciliation functionality, I am not an avid user of the other extended users of Blackline, however, there are loads of other functionality which would be an exciting opportunity to learn about. Blackline has provided numerous customer benefits including many seminars and webinars where I have learned the vast functions that Blackline has to offer