Reduced the overall number of reconciliations manually prepared significantly!
April 21, 2023

Reduced the overall number of reconciliations manually prepared significantly!

Manveer Patra | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User

Overall Satisfaction with BlackLine

We currently utilise Account Recs across all areas of Finance globally. We previously used Tasks however have since moved to a alternative system that QAD have been utilising for many years internally within Finance for other areas. Reporting is also utilised by certain individuals, most so by myself as I'm the System owner at QAD so I report on metrics, user count, user assignments. ETC. The big thing BlackLine addressed is preparing Excel reconciliation files for anything and everything - setting thresholds and auto-certification limits allowed us to streamline and really focus on account recs that are material.
  • Auto-certification
  • User Friendliness & Intuitive
  • Groupings & overall streamlining of accounts into regional/global groups
  • 'Back' button should be more readily available rather than always taking us back to homepage dashboard
  • Better direct integration to our internal ERP would of course always be welcomed
  • Auto-Certification
  • Grouped Reconciliations (Regional/Global)
  • Approver workflow
  • Reduced overall number of reconciliations manually prepared significantly
  • Improved overall timeliness of reconciliations
  • But of course is a more costly option than previous (i.e predominantly Excel)

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

- Suits especially those companies who currently prepare a large number of reconciliations manually
- Helps with approval workflows & audit trail
- Very compatible when grouping one or more GLs together to create grouped reconciliations - streamlining/standardisation

BlackLine Feature Ratings

Financial data consolidation
8
Journal entries and reports
7
Multi-currency management
9
Detailed Audit Trails
9
Reconciliation Automation
8
Close Checklist
4
Customizable Workflows
7