BlackLine: Bridging Gaps in Financial Operations | TrustRadius

Overall Satisfaction with BlackLine

Use Cases and Deployment Scope

We use BlackLine for Statement reconciliations.

Pros and Cons

Pros

It is able to do bulk matching of transactions very easily
Use standard templates
It can manage multi-currency account accurately
There is a dashboard for the mismatch of the transactions
It reduce a lot of manual work

Cons

Limited options to customize the dashboard
Real-time data sync issues are identified in some cases
When we start analyzing huge data it generally gets slow down

Return on Investment

It obviously has increased the productivity
Quality of work is improved
Dashboard make the job much more easier

Partnership

It has improved the efficiency & quality of the team. Moreover, the dashboard view helped us in tracking the transactions in much more effective way.

Alternatives Considered

SAP BW/4HANA

Comparatively cost-effective.
Very good compatibility with other ERPs

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?

Yes

Would you buy BlackLine again?

Yes

Other Software Used

SAP S/4HANA Cloud

Likelihood to Recommend

1) Bulk matching of transactions
2) Standard templates
3) Dashboard of unreconciled transactions
4) Handling multi-currency

BlackLine Feature Ratings

Comments

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Amy Kelly
(Vendor Representative) commented 10 months ago
Thank you for your feedback and for being a BlackLine customer! We're glad you have found efficiencies and quality improvements with BlackLine. We are always working to improve the customer experience and appreciate your input.