BlackLine lives up to the hype!
November 20, 2020
BlackLine lives up to the hype!
Score 8 out of 10
Vetted Review
Verified User
Overall Satisfaction with BlackLine
We are using the reconciliation product from BlackLine. Previously we had a very archaic process that was driven by excel spreadsheets and manual checklists. Adding the reconciliation product allowed us to formalize our reconciliation process which should provide operational efficiencies in the amount of time spent putting together reconciliations. This also centralizes all of our support and reconciling items so its much easier for reviewers and management to get a view into our accounts. This product also increased our general transparency across entities as we can now easily look into the reconciliations and accounts of foreign entities that we previously did not have access to.
- Transparency across multiple entities.
- Operational efficiency in performing reconciliations.
- Centralized storage of supporting data and reconciling items.
- Complex functionality that is hard to understand for someone with little or no IT experience.
- Operational efficiency in performing reconciliations.
- Operational efficiency in reviewing reconciliations.
- More visibility into foreign accounts that we previously did not have ability to see.
Vena and BlackLine essentially did the same thing in terms of account reconciliations. However, BlackLine is more of a household name and we had heard testimonial's from other similar companies who liked the product. Thus we did not want to take the risk of using a newer platform like Vena when we already knew that BlackLine would suffice for our needs.
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