BlackLine specializes in financial close automation, enhancing accuracy and efficiency for enterprise accounting teams.
“Meet your future-ready financial operations platform.”
Blackline is an AI-powered finance and accounting software that automates and controls financial close and accounting processes. Businesses using Blackline maintain full visibility and control every step of the way -- they are empowered to closely monitor task progress, collaborate with their teams in real time, and ensure compliance with both company policies and industry regulations.
Key Features
Who’s It For?
Blackline is for medium to large companies who want to get away from traditional manual accounting systems and move to a modern system with unified data & processes, high visibility, and automations.
We love this product because it combines time-saving, excellent support, and customizable in one comprehensive solution. The has shaved days off of our close functionality has been particularly valuable for our operations.
It is created specifically for the accountant's mind so it makes adoption easier and allows for an organized task management solution. Audits are way easier. Fantastic customer support and the system rarely has issues where it is down for any extended period of time.
The thing I like best about Blackline is your ability to improve the tracking of daily, weekly, monthly, and annual task. It takes away the questioning of if a regulator requirement, journal entry, or accont reconciliation has been complete. You create the task and sign off on when it is completed. While having the ability to attach support documentation to the task itself.
Great product overall with a lot of features and available room for customization. Offers great workflow management on top of the automation features.
Blackline has changed the all the dynamics related to our close process. What once took days now takes hours. The account reconciliation automation that Blackline provides has shaved days off of our close.
Blackline streamlines our bank account reconciliation process tremendously. We have saved hundreds of hours in monthly reconcilations and have been able to repurpose the time previously spent. The platform makes matching our transactions simple with a matching rate of 70-80%.
BlackLine has enabled us to streamline our processes amongst several of our companies that we manage. Each company is an individual operation that doesn't necessarily have the same functions as all the others. Using BL we were able to import all the necessary data for each company in order to get an overall picture of all of them.
BlackLine
**Summary of Deal**
BlackLine specializes in financial close automation, enhancing accuracy and efficiency for enterprise accounting teams.
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