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, …

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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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BlackLine Technical Details

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Reviews

(1-25 of 147)
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Score 9 out of 10
Vetted Review
Verified User
Review Source
  • Improved time productivity that has really enabled us to spend more time on other tasks other than month-end reconciliation
  • Has provided a single platform that has streamlined the process across the whole departments
  • Provides helpful tools that make reconciliation easy to follow and understand for any reviewer
Score 9 out of 10
Vetted Review
Verified User
Review Source
  • Positive impact on our control structure. Prior to implementation, we had a "material weakness" rating on our financial close process by our external auditors. After we implemented Blackline, our process had improved where it was no longer a material weakness.
  • Workload is better balanced for our Accountants. (Better Balance = Happy Accountant)
  • Accountants are able to complete reconciliation faster than when completed in Excel because Blackline has tools that automate reconciliations through matching and effectively using reconciliation templates.
  • Blackline helps Accounting Departments to easily scale for business needs (i.e. mergers, acquisitions)
  • With Blackline's ability to define import templates and import data either through an SFTP site or the front-end, we didn't have incremental costs to integrate Blackline with our ERPs.
Anitra Myrick | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Review Source
  • We were short-staffed by 3 full-time accounting positions compared to normal staffing levels. Due to the efficiencies from using Blackline we've been operating with 2 fewer senior accounting positions, which is saving us roughly $100k-$120k. We're not sure that we need to fill them now. I think that's a pretty good ROI.
Brandon Smith | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Review Source
  • Our organization manages our whole accounting and financial lifecycle in this one unified, secure, and efficient system, as well as easily receiving a wider picture of tasks and processes.
  • It completely automates our intercompany reconciliation and bank reconciliation process as well as eliminates the need for excel.
Score 9 out of 10
Vetted Review
Verified User
Review Source
  • We were able to get almost 50% of our account reconciliations to auto-certify each month.
  • We have moved completely paperless as Blackline handles all approvals and storage.
  • We are able to run a report in a matter of seconds and send out a reminder to users showing which account reconciliations are still outstanding. No more hiding.
Score 10 out of 10
Vetted Review
Verified User
Review Source
  • Reducing the hours that auditors have by allowing them access they can pull required support and audit evidence therefore reducing necessary audit hours for your company.