BlackLine

BlackLine is a key tool in the performance of global balance sheet accounts and close checklist items. It is also an integral part of our SOX compliance globally. BlackLine allows for a uniform approach to balance sheet account preparation and review/approval electronically. This tool provides key management with a click of a button view of close checklist status, analytics to show outstanding items even from prior periods. This business solution saved our SOX team hours of work by implementing programs and workflows for 100% of SOX controls globally.

We have used Blackline for 8 years. The rollout started with one affiliate and has since been implemented across the entire region. We utilize a suite of products including Reconciliation, Variance, Matching, and Tasks, and are currently in final testing for OIM and Auto Journals. The platform has allowed us to realize efficiencies through automation of manually-intensive processes that require large amounts of data to be grouped and explained. Tasks has been a valuable tool for monitoring closing processes and ensuring that job transitions happen smoothly. The real power is in the integration of the modules as they work together to only require us to "touch" an entry once, and then Blackline takes over and distributes the output across the products as we have designed.

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 the Tax team in the system. It really helps us organize and be able to easily see our progress in the month end close process. I joined the company after BlackLine was implemented, so I'm not sure what they were using before. I can't imagine it being better than BlackLine.

BlackLine is currently used within the Accounting teams for Account Reconciliations and Tasks. It's such a user-friendly application, which is easy to learn and adapt into your organization. It's a great tool to complete all account reconciliations in one location, helps with standardization and acts as a repository for when supporting documents are needed. This application is available at any time, making it an easy process to complete a reconciliation at anytime whether you are a preparer, approver or reviewer. The task module has also been working out really well for our accounting teams. It helps list all the close and reporting related tasks that must be completed on a monthly, quarterly or yearly basis. Tasks are easy to create when needed and also simple to end-date when a task is no longer required. This module helps take the guesswork out of month-end close processes and will always remind you of upcoming tasks that are due.

We utilize BlackLine for account reconciliations, tasks, and controls. We are looking at implementing the Variance Analysis module and are learning more every day at the many ways that we can utilize BL for process improvements as well as better accuracy. The many benefits of ease of review and reporting truly helps with many projects!

Our entire team is using it across several plants and other divisions. It helps greatly by giving us a framework to standardize older disparate legacy charts of accounts and allows management to compare plants and similar operating divisions. Now a change in the COA is global instead of one plant or division at a time.

We are trying to standardize our recs for all business units so they all look in sync. In addition, Blackline is tremendously helping us when it comes to our periodic audits. We are able to give the auditors access so they can pull any support they need, in turn reducing the time it takes for us to compile the data for them. Blackline is currently being used across our entire organization.

Blackline is being used across the finance and accounting departments globally, and keeps all our account reconciliations in one place for all team members to access, and allows us to also keep our task list for month end close in a centralized location. This allows great efficiency during the close process.

It is being done by the whole finance department.

BlackLine is used in different departments across the company but only by those who book journal entries and/or are responsible for account reconciliations and their managers. I feel that BlackLine is an asset for all users including those who do not have an accounting background. The website is user friendly and self explanatory. There is not much training needed when adding a new user and showing them the ropes. This is of great help to me as an admin; I do not need to be as involved in new user training and it leaves my time open for other tasks.

Blackline system is a unified place where users, preparers, approvers and reviewers come together to make sure that the data reflected in Blackline system clearly represents the subtotals in the General Ledger. It is a wonderful upgrade from performing account reconciliations manually in Excel spreadsheets. In the old way, a lot of the reconciliations would get lost and since no one stored them electronically, there would be no way of obtaining the originals. Thankfully to Blackline, all the information is stored online and is accessible by everyone at any time of the day. This makes preparing, approving, reviewing and analyzing data extremely easy for all the users.

Currently, use Blackline for Account reconciliations. Blackline is a user-friendly tool that is quick and easy to use and approval support. It connects to our current ERP and provides the user's accessibility to allocate account recs to different users. As a user for monthly reconciliations, Blackline provides support and customer care for each of its clients.

BlackLine is currently being used in the accounting and finance areas to complete monthly reconciliations of "key" accounts. The tool has also been deployed to other areas of the organization to facilitate completion of owned reconciliations. Accounting and finance also use the application to track companywide adherence to policies regarding timing and completion of assigned reconciliations.

BlackLine is being used in our managed services department to facilitate monthly close procedures for our various clients. We currently utilize the reconciliation and task management modules. It address the transparency, documentation and the general flow of our monthly closes. BlackLine has helped our department to be more efficient in getting monthly closes completed timely.

BlackLine is being implemented for this client across all finance and accounting in all countries. The teams inherited extremely manual processes that BlackLine is helping to automate such as balance sheet auto-certifications. We just started implementing journals and looking forward to great automation there.

Our department is currently using Blackline for reconciliations and to keep track of tasks. Switching over to doing our reconciliations in Blackline has been great. We used to do everything in Excel and everyone had their own way of setting up their reconciliations. Now, if anyone transitions into a new position, it's easy to follow how the reconciliations are prepared and they are so much easier to review. It's also easier to make sure that all tasks are being completed during the month. Lastly, being able to load information from a subledger has been a game changer!

BlackLine is used throughout our Finance group for Reconciliations, Tasks and Journals. It has allowed us to go paperless and to maintain all our records electronically.

We have implemented BlackLine to organize and keep track of our month-end close. It has helped keep track of items in an orderly fashion. We are working on learning and using the reconciliation functions and so far it has definitely added value to our organization and processes. We look forward to seeing how far we can go with BlackLine!

BlackLine is great for modernizing an accounting department. We use it to standardize our processes and have greater visibility into when reconciliations are completed and reviewed. It also is great for tracking journal entries, and other monthly tasks many accountants have. As BlackLine continues to grow, they offer new and exciting products.

BlackLine is being used across all departments that currently reconcile accounts and/or post journal entries. BlackLine helped us address visibility and accountability problems in our organization. We have many accountants, controllers, and analysts posting into BlackLine Journals, and this has helped in moving responsibilities to the right parties, along with approvals.

We use BlackLine account reconciliations across at least our NA accounting operations, and it helps us reduce costs in auditing, keeps us in compliance, and supports all of our GL account balances in one place for visibility. This process also helps in preparation for our other processes by giving it financial integrity.

We use BlackLine's Reconciliation, Task, and Matching modules. We plan to start implementing the Journals module sometime in the next 6 months. Various teams use the application: tax, cash, corporate AP, and various revenue teams. The other BlackLine Admins and I feel that our users underutilize its functionality and hope to expand our use of the Task and Matching modules to automate more of our work.

Currently, BlackLine is being used within the Accounting department including the domestic and international teams. The company first explored an automated Account Reconciliation tool to address the inefficiency that existed within the close cycle. Prior to BlackLine the company manually reconciled all Balance Sheet accounts utilizing Excel spreadsheets. This proved to be inefficient as we had no meaningful way of prioritizing account reconciliations based on either a Risk Rating system or materiality. Furthermore, account reconciliations for which the balances remained the same throughout the year would still require a manual sign off to comply with our SOX controls. Implementing BlackLine reduced the inefficiency of manually signing off on reconciliations, prioritized reconciliations using risk rankings, and automated sign offs for reconciliations for which the balance didn't change month to month.

Our Finance department uses BlackLine for our monthly accounts reconciliations. Since we moved this process to BlackLine, we have done away with the multiple excel files we used in the past. This has simplified and standardized the way reconciliation is done for various groups of accounts and across the various Finance sub-functions. We've also benefited from the visibility and ease of handling the volumes.

We have found it great for cash matching from our bank feeds to the journals in our accounting system, as well as matching of credit card payments by customers to the invoices and cash settlements from the credit card processor of those payments. It is also good for sox compliance, showing review certification, keeping preparer and reviewer separate, and helping keep track of reconciling items, comments around those items, etc.