BlackLine Impressions
November 20, 2020
BlackLine Impressions

Score 8 out of 10
Vetted Review
Verified User
Overall Satisfaction with BlackLine
BlackLine is currently being used by our Accounting and our Cashiering & Treasury Services departments. It addresses the manual labor involved in our reconciliations (daily and monthly), that we would otherwise be utilizing Excel spreadsheets to try and complete. Transaction Matching is the module used to help ease this burden, as well as Account Reconciliations. We intend to also utilize Daily Reconciliations for our daily recons that we do in the Cashiering & Treasuries Department.
Pros
- Transaction matching: what took entire days to accomplish now happens in minutes.
- Task management: more visibility and accountability of the tasks needed to be done each day, month, etc.
- Account reconciliations.
Cons
- I personally don't know how it would be done, but I still think Transaction Matching could be improved. Either by allowing more data sources to be able to be included in a match set (it is limited to three right now). And also potentially by allowing two sources to match on one area, but then allowing one of those previous sources to match to a third data source on a different area of comparison (and still have all three recognized as a match).
- Account reconciliations have been started and that department is in love with the process and how much easier their recons are to do.
- Daily recons have not been implemented yet, but we are working on it.
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?
I wasn't involved with the selection/purchase process
Did implementation of BlackLine go as expected?
Yes
Would you buy BlackLine again?
Yes
Comments
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