Item: BlackLine
Rating: 8
Author: Verified User

Overall Satisfaction with BlackLine

Use Cases and Deployment Scope

We use BlackLine to manage not only month end close, but also post close activities. A problem we have solve is being able to confirm the month is closed more efficiently without send a thousand emails

Pros and Cons

Pros

Tracks tasks
Allows to have better control of reconciliations
provides analytics to key stake holders

Cons

allowing better customization of dash board items
making implementation easier
making the community easier to navigate

Return on Investment

Its been a great time saver
Its has helped reduce errors
It has helped increased productivity

Support Rating

The BlackLine team is generally great when you get them on the phone, sometimes I don't an answer right away though

Partnership

They have helped go from being in the dark ages as far as reconciliations and tasks go, and we have greatly increased our close efficiency

Alternatives Considered

FloQast

BlackLine is a far more robust tool and superior tool than FloQast. But is definitely harder to implement and get started on. Overall better

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

Oracle Hyperion, Applied Epic, OneDrive

Likelihood to Recommend

It is well suited for managing reconciliations and tasks, as it allows you to track these areas more efficiently and provide feedback to preparers. It's also been great for Tax tasks and has been useful for tracking PBCs. It has also been effective as a work flow tool so that less emails are sent

BlackLine Feature Ratings

Comments

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