GL Manager - System Admin experience
May 31, 2022
GL Manager - System Admin experience
Score 10 out of 10
Vetted Review
Verified User
Overall Satisfaction with BlackLine
I do not currently use BlackLine, however, I used it at my previous two organizations. It was primarily used as a reconciliation and task management tool. I have also used the matching functionality for accounts receivable and cash reconciliations. BlackLine delivers automation to the close process via account balance updates for reconciliations. This provides increased automations and controls around the monthly close process.
- Document management (upload, download, large files, historical visibility)
- Customizable templates for each account
- Ease of use
- Task management so leadership can see how the team is progressing each day of the close cycle
- The schedule list templates lacks ability to upload multiple schedule items at once
- The roll forward does not have an option to exclude old/closed items
- Account Reconciliations
- Tasks
- Matching
- Reduced close time which allowed more bandwidth to focus on critical tasks
- Reduced audit fees
BlackLine is the only tool I have used in this space
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
Using BlackLine
20 - Accounting, Finance, and Legal
2 - Tool can be supported by a tech-savy accountant
- Account Reconciliations
- Task Management
- Transaction Matching
- We have used it to share files that were too large to email
- Variance analysis
- AR automation
Evaluating BlackLine and Competitors
Not Sure
- Price
- Product Usability
- Prior Experience with the Product