BlackLine for University Finance Team
December 26, 2022

BlackLine for University Finance Team

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

Overall Satisfaction with BlackLine

My company uses BlackLine for monthly and yearly reconciliations and tasks. It helps centralize all our needs vs. using several other software such as Google docs, box, etc. Everything is extremely user-friendly; the interface is easy to follow, and you are able to make notes on reconciliations and tasks, so whoever is approving can read it. BlackLine is pretty customizable per user, we use the matching feature for some of our reconciliations, and it has been a complete time saver.

Pros

  • Quick Customer Service Response Time
  • User-Friendly and easy to follow interface
  • Ability to see historical financial information
  • Custom Features per Users needs

Cons

  • Grouping Accounts when importing monthly GL balances can be kind of confusing
  • More Published Troubleshooting Documents
  • Centralizes All Financial Needs
  • Reconciliation Templates
  • Daily Task Templates
  • Import Data
  • Matching Feature
  • Automated Close Process
  • Ability to Auto certify reconciliations that don't change balances
I think both BlackLine and Oracle are amazing software. However, I believe BlackLine's interface is easier to follow than Oracles.

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?

I wasn't involved with the implementation phase

Would you buy BlackLine again?

Yes

BlackLine has completely automated our monthly close processes and is extremely efficient. BlackLine has reconciliation templates already created for users but they also can be customized to different needs, which I think is super beneficial. We use their matching feature for some of our larger reconciliations, and it has seriously been a lifesaver. Their technical support is very helpful and typically responds before 24 hours.

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