Item: BlackLine
Rating: 10
Author: Tony Fernandez

Use Cases and Deployment Scope

BlackLine has helped speed up the Reconciliation process and well keeping track of the closing process. Journal Entry also help ensure proper approval and review using their workflow certification process. We upload balances every 20 minutes using Boomi & the GP Connector. Can't wait to see the BlackLine Studio at the end of the Qtr so that we can start documenting all the processes and integrations related to all the accounting processes and integrations.

Pros and Cons

Track your monthly close
Reconciliations
Out of the box reports from the systems
Matching

Financial Reporting , like Planful and Profix _ another game changer

Most Important Features

Reconciliations
Tasks

Alternatives Considered

FloQast

Key Insights

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

Other Software Used

Microsoft Dynamics GP, BISP Solutions Oracle EPM Consulting, Planful

Likelihood to Recommend

Scenario 1 Reconciliations save in different network folders on the company's network, documentation no available , big accounting staff turnover BlackLine will centralize templates fully secure on the cloud, balances will flow automatically to the system therefore it does not matter who comes and go accountants should be able to read instructions and complete the appropriate reconciliations

Closing Savior

Overall Satisfaction with BlackLine