Great Tool for Accounting/Finance
May 31, 2023

Great Tool for Accounting/Finance

Anonymous | TrustRadius Reviewer
Score 7 out of 10
Vetted Review
Verified User

Overall Satisfaction with BlackLine

We use BlackLine to prepare, review and approve journal entries to post to Oracle ERP. We also use BlackLine to prepare, review and approve month end Reconciliation and to document all related support. We also use BlackLine for reporting and data analysis. BlackLine helps us manager the month end close and reporting process seamlessly.
  • Keeps the month end Reconciliations organized and auditable.
  • Simple to understand and easy to use.
  • GL data is readily available for quick downloads and analysis.
  • Sometimes data download is delayed/problematic.
  • Sometimes BlackLine auto refreshes and kicks out while working and so we lose the work in progress.
  • I wish I could work with multiple accounting periods at the same time.
  • Matching
  • Journal
  • Reconciliations
  • Tasks

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

Simple to understand and easy to use.
Keeps the Reconciliations organized and auditable.
Great in keeping the supporting documents for any accounting record.
Has very useful built in reports.
GL data is readily available for quick download and data analysis.
Great in tagging team members to get quick responses to be able to resolve the issues, if any.

BlackLine Feature Ratings

Journal entries and reports
7
Multi-currency management
7
Detailed Audit Trails
7
Reconciliation Automation
6
Close Checklist
7