BlackLine Features

BlackLine

Financial Close Management

4.36/5 (11 reviews)

BlackLine Feature Summary

  • Account Reconciliations
  • Compare data in different systems or locations
  • Task Management
  • Automated workflows
  • Transaction Matching
  • Bank reconciliations
  • Credit card matching
  • Intercompany reconciliations
  • Invoice-to-PO matching
  • Journal Entry
  • Create, review, and approve journals
  • Certify and store journals
  • Pst journals to general (or sub) ledger systems
  • Reporting, analytics & dashboard
  • Integration with any ERP system
  • High level security
  • Online document repository
  • Integrate with BlackLine Intercompany Hub
  • Integrate with BlackLine Controls Assurance
  • BlackLine Finance Controls and Automation Platform

Competitor Feature Comparison

Account Reconciliation
Accounting Integration
Activity Dashboard
Ad hoc Query
Bank Reconciliation
General Ledger
POS
Real Time Notifications
Receiving
Summary Reports
Learn moreCompare App
Account Reconciliation
Accounting Integration
Activity Dashboard
Ad hoc Query
Bank Reconciliation
General Ledger
POS
Real Time Notifications
Receiving
Summary Reports
Visit WebsiteCompare App
Account Reconciliation
Accounting Integration
Activity Dashboard
Ad hoc Query
Bank Reconciliation
General Ledger
POS
Real Time Notifications
Receiving
Summary Reports
Visit WebsiteCompare App

BlackLine Feature Reviews

11 reviewers had the following to say about BlackLine's features:

Anonymous
A verified reviewer

Records for Closing All In One Place

2018-04-12

Having all the financial and accounting work/evidence kept at one place for auditing

Pros

The audit trail functionality that is system certified and option to allow auditors to review closing activities like monthly bank reconciliation, monthly payroll registers, monthly meeting minutes, etc.

Cons

The useful interface's design isn't as fluid as one would like but you get use to it after a using it as your day to day work.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 6-12 months

Frequency of use: Weekly

Likelihood to recommend

8/10
Source: Capterra
Helpful?   Yes   No
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Anonymous
(Information Technology and Services company, 1001-5000 employees)

Blackline Integration with Data Management Software such as SAP

2018-08-11

Blackline has only been limited to its functions as well as the real-time processing of data.

Pros

It is a web-based application for performing account balances reconciliation which can be easily integrated with other financial software such as SAP.

Cons

The software is limited to reconciliations and intercompany transactions wherein the vast majority of software are investing on in-memory capacity and cloud for more flexible transactions.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Weekly

Likelihood to recommend

9/10
Source: Capterra
Helpful?   Yes   No
Read more
Hui Lee

Great Product with a lot of features

2018-07-26

Pros

Offers great workflow management on top of the automation features.

Cons

Not sure how many other products are out there that offer the same type of financial solution that Blackline offers, but Blackline is a solid product.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: Less than 6 months

Frequency of use: Occasionally

Source: Capterra
Helpful?   Yes   No
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Renata Uzun

Much to improve

2020-04-03

Pros

I use this in monthly accounts reconciliations.

Cons

When users have many accounts assigned Blackline is realy slowly.

Rating breakdown

Ease of use
Features

Time used: 2+ years

Frequency of use: Monthly

Likelihood to recommend

7/10
Source: Capterra
Helpful?   Yes   No
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KEELY MARTIN

Once you have it, you won't want to be without it

2020-11-19

For corporations looking to get a better understanding of your account balances - this was wonderful.

Pros

Account Reconciliation becomes a breeze, and It makes those dreaded audits not so horrible.

Cons

And their customer service is great and helpful. Super easy to submit a ticket for an issue, and response time was great.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Occasionally

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Anonymous
(Accounting company, 1001-5000 employees)

Awesome software direct and to the point

2020-03-31

Pros

At a glance, all the gl account balance is there.

Cons

This will surely reduce the time we need to take to complete the reconciliation within the timeframe.

Rating breakdown

Ease of use
Features

Time used: 2+ years

Frequency of use: Monthly

Likelihood to recommend

8/10
Source: Capterra
Helpful?   Yes   No
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Balázs Zsámboki, PMP

Good tool for account reconciliation in a GBS center

2019-02-08

We started using it to replace our old client-server based software to support the month-end GL reconciliation process for various entities in our global company.

Pros

Can support the internal or external audit procedure and can reduce its cost.

Cons

The implementation was a bit longer than expected (it was also because of our internal resources). With our current setup line level info cannot be loaded, so Excel sheets - as attachments - are remained after go live.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Weekly

Likelihood to recommend

8/10
Source: Capterra
Helpful?   Yes   No
Read more
Anonymous
(Real Estate company, 51-200 employees)

Recommend to accounting departments going paperless

2019-06-28

Going paperless.

Pros

I like how easy it is to see unidentified balances for each account from the main page, giving you a screenshot of where to spend your time.

Cons

Not a big deal but small functional things such as having to save a schedule and then clicking cancel in order to exit out. It's not intuitive to click on cancel if you want to exit after making a change.

Rating breakdown

Ease of use
Features

Time used: Less than 6 months

Frequency of use: Daily

Likelihood to recommend

9/10
Source: Capterra
Helpful?   Yes   No
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Anonymous
(Computer Software company, 1001-5000 employees)

Has some good functionality but implementation is harder than expected

2018-03-13

Pros

Great place to centralize reconciliations and journalling etc as opposed to spreadsheets and google docs

Cons

Connectivity with ERP, in our case Netsuite, is a lot more complicated than how it is sold with a loyt of additional development and expense required

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: Less than 6 months

Frequency of use: Daily

Likelihood to recommend

4/10
Source: Capterra
Helpful?   Yes   No
Read more
Thomas Gaudet

Good Reconciliation software

2017-01-05

It really helped organize our closing process. Highly recommend.

Pros

Great way to organize monthly reconciliations

Cons

There is a learning curve, like everything.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 1-2 years

Frequency of use: Monthly

Likelihood to recommend

8/10
Source: Capterra
Helpful?   Yes   No
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Debby Burns

Great tool for balance sheet recs!

2017-12-26

Pros

It provides visibility and consistency to balance sheet recs. Fairly easy to use.

Cons

Some of the different screens have the Save button in different places which can be a bit frustrating.

Rating breakdown

Ease of use
Features

Time used: 6-12 months

Frequency of use: Daily

Likelihood to recommend

10/10
Source: Software Advice
Helpful?   Yes   No
Read more