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Efficiency with BlackLine
June 08, 2022

Efficiency with BlackLine

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

Overall Satisfaction with BlackLine

We use BlackLine to close each period (monthly). BlackLine helps us easily close our books and make journal entries efficiently. Everything can be viewed in one location by each member that needs to see it. This makes the process of approving and posting journal entries very simple. Since all our finance team members have access it makes our period close less time-consuming.
  • BlackLine keeps all information in one convenient location, the account reconciliation, and backup is very easy to go back and look at.
  • It is available from nearly anywhere and we use it across our companies, which creates consistency between all of our companies.
  • BlackLine is very user-friendly. The training was great at implementation and updates are made that help make the software easier to use.
  • There are many updates to the software, which can make it hard to keep up with. However, the Customer service response seems great and is always able to help.
  • The layout of journal entries is well set up, but there are many lines that are not necessary to fill in.
  • The software is customized to fit the company but there is not a lot of customization for each user.
  • All reconciliations being in the same location is important to our company.
  • The availability of prior periods and all information with them is a great plus to this software.
  • The automation of the reconciliation process makes our close more efficient.
  • BlackLine has saved us a lot of time when it comes to closing each period.
  • BlackLine makes sure that everything is in the same place and visible, helping us watch for any mistakes that could be made.
  • Audits are much easier with all necessary information available in one place.

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

BlackLine software is appropriate for most of our account reconciliations because month to month we have a lot of the same transactions. Those accounts that do not change a lot do not need a lot of work to reconcile every month. If the account does change a lot it is a lot of uploading backup to each line and finding those changes. If that account changes while the month is being closed then often you have to re-start the entry. This scenario is also good because all information stays up to date and accurate.