Blackline success story
Updated June 27, 2023
Blackline success story
Score 9 out of 10
Vetted Review
Verified User
Overall Satisfaction with BlackLine
Blackline
plays a key role in our culture of process improvements. It has enabled our
team to reduce the use of spreadsheets and manual procedures for many of our processes.
We have rolled out multiple modules that provided instant wins. I cannot imagine going back to our old processes and
handling our current volume without Blackline.
plays a key role in our culture of process improvements. It has enabled our
team to reduce the use of spreadsheets and manual procedures for many of our processes.
We have rolled out multiple modules that provided instant wins. I cannot imagine going back to our old processes and
handling our current volume without Blackline.
Pros
- Transaction matching eliminates the need for "rainbow" spreadsheets (manual excel matching). It increases the visibility and control of items. It can be a huge time saver.
- The task module is a great way to manage items or responsibilities. Inclusion of up to date and accurate purpose and procedures helps when tasks transition between team members.
- Consolidation Integrity Module has simplified the reconciliation between the consolidation software and our general ledger system. It was a great improvement to our processes.
Cons
- The journal entry module does not allow users to tab between fields in the templates and online forms.
- In transaction matching, I would like to see the ability to match two transactions that net to zero within the same data source.
- In static transaction matching, I would like to see the option to allow the preparer to approve suggested matches.
- Task Management
- Account reconciliations
- Journal entries
- Transaction matching has had a positive impact on our cash account reconciliation. We are now able to reconcile the account within the closing cycle without additional overtime hours.
- The task module has also increased visibility. It has allowed us the opportunity to move different tasks to earlier time frames helping spread out the work load.
- The CIM module has decreased the preparation time by at least 50 percent. The control and reliability of the reconciliation has also been improved significantly.
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
Comments
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