BlackLine Feelin' Fine
June 08, 2022
BlackLine Feelin' Fine

Score 7 out of 10
Vetted Review
Verified User
Overall Satisfaction with BlackLine
BlackLine is used by management to verify that the amounts for recurring entries match what should be in the reporting system. It is my responsibility to maintain these workbooks and ensure that adequate supporting documentation is uploaded to BlackLine to validate all entries recorded. It is crucial that consistency is applied amongst all reconciliations of a similar account in order to optimize our senior management's understanding when reviewing the accounts. BlackLine reconciliations include items such as audit fee payments, rent accruals, prepaid expenses/amortization, and detailed debt schedules, providing a breakdown of scheduled principal and interest payments. These schedules are then assessed monthly to ensure accuracy before being certified and reviewed by a senior.
Pros
- Bank reconciliations
- Balance sheet account reconciliations
Cons
- Automatic matching function within bank reconciliations
- Multi-currency functionality
- Account reconciliation
- BOT use to import bank statements from banking institutions
- DOA approvals, controls
- Positively impacted consistency of account reconciliations across the Accounting department.
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?
No
Would you buy BlackLine again?
Yes
Comments
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