Item: BlackLine
Rating: 9
Author: Verified User

Use Cases and Deployment Scope

Blackline is being used by some of the business units that I manage. It solves the problem of balance sheet account reconciliations and to ensure that we are SOX compliant.

Pros and Cons

A simple way to do balance sheet reconciliations.
Web-based. Cloud-based.
Intuitive and simple to use.
Automate some reconciliations steps.

Support can be weak at times
Cloud-based so updates are pushed through to users

Return on Investment

Reduced time to reconcile accounts
Streamline reconciliations process

Alternatives Considered

Oracle

Blackline is a more automated solution than Oracle.

Blackline is useful in streamlining and automating the account reconciliation progress. It is a very intuitive and simple to use so it doesn't require a lot of training. The approval process is done through email notifications so it is more hands-off for managers. This will definitely save a lot of time especially for people coming in from a more Excel based reconciliation process.

Simple and Automated Account Reconciliations

Overall Satisfaction with BlackLine

Use Cases and Deployment Scope

Pros and Cons

Return on Investment

Alternatives Considered

Likelihood to Recommend

BlackLine Feature Ratings