BlackLine Review
July 03, 2021

BlackLine Review

Anonymous | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User
Review Source

Overall Satisfaction with BlackLine

It is being done by the whole finance department.
  • Ease of use - easy for a new user to pick up.
  • Standard templates make reviewing recs simple as you know what to expect with each rec.
  • BlackLine has a robust approval process and it allows you to live-time check the status of the reconciliation. Is it still being prepared? Or is it prepared and we are waiting on approval? Also, it tracks the date it is prepared, reviewed, approved, etc. so that you can go back and check that everything has been done within whatever you set deadlines are.
  • Homepage is a little bit wanting for more. But it has been improving since we have been using BlackLine the past year.
  • The ability to validate the timeliness of completion of the recs and share this with the auditors.
  • The ability to score the reconciliations in BlackLine and leave feedback for the preparers.
  • Being able to connect directly to SAP to bring in the balances to BlackLine, ensures that the preparers are always reconciling to the correct and most up-to-date balance.
  • BlackLine has given us a real time tracking for our balance sheet reconciliations which Management can use to track our month end and yearend closes.
  • Instead of having multiple Excel templates for various BS recs, we now have standard templates. Makes reviewing the recs easier and the Auditors have fewer questions during their yearend reviews.

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

It is good for an entity with a lot of BS accounts and requires standard templates. Auditors appreciated our adoption to Blackline as it gives them an easy way to validate our internal controls around reconciliation deadlines. Auditors can also get access to Blackline so it saves us time from having to send them every rec at yearend.

Smaller organizations might not find Blackline as helpful as it might offer more than what they need.

BlackLine Support

There are always reps available

Using BlackLine

It is easy to use