Item: BlackLine
Rating: 9
Author: Verified User

Use Cases and Deployment Scope

My team uses BlackLine for Bank Reconciliations and Balance Sheet Reconciliations. It's one place to reconcile and record your entries with a place to attach backup for audit purposes.

Pros and Cons

Matching
Amortization Schedules

To me, It doesn't feel intuitive or as user friendly

Return on Investment

BlackLine has increased productivity and decreased workload

Our business is using BlackLine to keep up with with current trends in accounting and finance. I've never seen BlackLine utilized the way it is here. There are many possibilities for process improvements.

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?

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

Other Software Used

Oracle JD Edwards EnterpriseOne

Likelihood to Recommend

In my experience, you will get what you put into BlackLine. I used to work with BlackLine in a previous role and it was only used to do reconciliations. It kept a good record of what makes up your GL balance and is easy to attach and find documentation pertaining to your rec. Upon joining this new organization, which utilizes BlackLine to a greater capacity, it's clear to me that if you are willing to dedicate the time and effort to utilize BlackLine, it can be an efficient tool. We use this now to record amortization, so we only have to make the initial entry.

You will get what you put in...

Overall Satisfaction with BlackLine