BlackLine- Saving time
March 31, 2023
BlackLine- Saving time
Score 8 out of 10
Vetted Review
Verified User
Overall Satisfaction with BlackLine
Our Business uses a variety of BlackLine products, most notably Journals, Reconciliations, and Tasks. We are starting to implement cash app and variance analysis soon. BlackLine helps address the very manual processes we have and either completely automates them or automates part of them improving the efficiency. In my BlackLine experience and journey the best way BlackLine has improved my job has been with account reconciliations, specifically using their transaction matching product. This allows a bank reconciliation to be almost completely automated allowing a much faster and accurate close process. Matching goes much further than just bank reconciliations and we have slowly been implementing it into reconciliations that require a higher level of detail.
- Transaction Matching
- Automated Journal Definitions
- Constant product improvement
- Reporting functionality is hard to use within BlackLine
- Email alerts are not detailed enough so they are not very helpful.
- Transaction Matching
- API
- Journal Masters
- By utilizing BlackLine we have reduced our average time it takes to complete a reconciliation by roughly 50%
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?
I wasn't involved with the implementation phase
Would you buy BlackLine again?
Yes