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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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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

Reviewer Pros & Cons

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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…

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.

8.3
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 Detailed Audit Trails highest, with a score of 8.8.

The most common users of BlackLine are from Enterprises (1,001+ employees).
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Comparisons

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Reviews and Ratings

(336)

Community Insights

TrustRadius Insights are summaries of user sentiment data from TrustRadius reviews and, when necessary, 3rd-party data sources. Have feedback on this content? Let us know!

Excellent Support: Users have appreciated the high level of expertise and assistance provided by partners during project implementation, showcasing a strong commitment to successful project outcomes. The knowledgeable Project Manager was highlighted as a key asset for effective task management and overall project success.

User-Friendly Interface: Reviewers found the platform's clean interface easy to navigate, enhancing user-friendliness and simplifying task management for increased efficiency. The ability to communicate seamlessly with team members further streamlined collaboration efforts.

Efficient Processes: Many users praised the fast performance of the platform, enabling effective time management, improved productivity, and efficient task completion. Integration with SAP was noted as particularly beneficial in optimizing processes and ensuring system compatibility.

Reporting Customization Limitations: Some users have expressed frustration with the reporting feature, noting that it lacks essential customization options. This limitation restricts their ability to generate reports tailored to their specific requirements, impacting the overall flexibility and usefulness of the feature.

Challenging Implementation Process: Reviewers have highlighted significant challenges during the implementation phase, citing a need for more comprehensive training to navigate through the setup successfully. The complexity of the process may hinder efficient onboarding and utilization of the software.

User Interface Navigation Issues: Users reported encountering difficulties in navigating the user interface, leading to potential usability issues. The sporadic complexities in finding and accessing features could result in decreased productivity and user satisfaction.

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