Great platform to support the modern accounting cycle
November 20, 2020

Great platform to support the modern accounting cycle

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

Overall Satisfaction with BlackLine

We heavily use BlackLine's Transaction Matching product - for cash, credit card, sales, bank, gift card, intercompany, and other matching scenarios. We also use Tasks, primarily for managing our month-end cycle task lists. Tasks has been a huge help in providing a nearly comprehensive view of responsibilities assigned across the team, and it has been a big help with onboarding and training new team members. And we use account reconciliations and love the ability to report required adjustments. The templates have helped us create a more consistent, quality deliverable for reviewers.
  • Maintain task purpose and procedures documentation.
  • Simplify and automate high-volume matching exercises.
  • Easy to manage the platform as an accounting professional (low IT involvement).
  • Improved connectivity for data analysis and visualization.
  • Increased automated match rate for transaction matching.
  • Improved control over transaction matching and related account reconciliations.
  • Task management has created visibility to bottlenecks and misaligned tasks, which has allowed us to tackle targeted process improvements to improve and speed up the close process.
BlackLine makes setting up matching rules much simpler. The data import wizard provides a simple, easy-to-follow interface for create recurring imports that allows for simple data prep. This wizard has been easier for our organization to train new users to manage vs other platforms.

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Great suite of products!
Support team has been responsive to our questions or any issues that we've brought up.
BlackLine is well suited for tracking tasks that recur following the accounting cycle. It's less intuitive to align for non-recurring and one time tasks.

It is also well suited to bring consistency to account reconciliations, even as they are prepared by many accountants across many teams. The templates drive users to work within pre-established templates.