Intelligent platform to automate end-to-end Financial Close
November 09, 2021
Intelligent platform to automate end-to-end Financial Close
Score 10 out of 10
Vetted Review
Verified User
Overall Satisfaction with BlackLine
This effective and next-generation AR automation platform unleashes our working capital and collects cash also orchestrates and automates accounts receivable and intercompany accounting processes. This efficient and effective platform improves our financial close accuracy by giving our accountants a streamlined way to check the accuracy and appropriateness of their balance sheets. Its account reconciliation features automate and streamline our reconciliation process to provide highly qualitative and accurate financial statements. We have been using this unified cloud solution in our accounting and finance department to automate our financial close. Above all, it is extremely important to our company.
- Its big advantage is that it enables data sharing between products on the platform, by eliminating the need to move data across or through other platforms.
- BlackLine provides a paperless accounting and financial process.
- The best thing is that it prepares, documents, reviews, and approves monthly journal entries, account reconciliations, and other associated tasks automatically.
- It performs reconciliations with operational efficiency.
- One thing that I disliked is that It's hard to maintain a large number of tasks.
- The process of creating custom reports is a little bit confusing.
- Audting.
- customization of platform.
- Integration APIs.
- 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.
I
found this tool truly helpful and best as it meets our organization's all needs
fully. The best thing is that it streamlines account reconciliations by
centralizing all data in one location. Now our managers can easily maintain
track of the monthly financial closing procedure efficiently that is why I took
this tool among others. I also tried the other two tools but according to our
requirements, BlackLine is the best solution ever.
found this tool truly helpful and best as it meets our organization's all needs
fully. The best thing is that it streamlines account reconciliations by
centralizing all data in one location. Now our managers can easily maintain
track of the monthly financial closing procedure efficiently that is why I took
this tool among others. I also tried the other two tools but according to our
requirements, BlackLine is the best solution ever.
Do you think BlackLine delivers good value for the price?
Yes
Are you happy with BlackLine's feature set?
Yes
Did BlackLine live up to sales and marketing promises?
Yes
Did implementation of BlackLine go as expected?
Yes
Would you buy BlackLine again?
Yes