BlackLine is the best reconciliation software for a reason
Overall Satisfaction with BlackLine
BlackLine is being used across the organization and it helps us to perform our monthly reconciliations, monthly checklists, and journal entries tracking.
Pros
- BlackLine is made by accountants for accountants, so every feature is very useful.
- Account groups is just brilliant, it makes reconciling a bunch of accounts very simple.
Cons
- In Tasks, it would be great to have a button that can perform the task of "certify and next"
- That's it! BlackLine continues to improve the product.
- Matching for bank recs had the biggest impact, as it provided time savings of over 500 hours a month for a total of 30 accountants.
- It improved our internal controls by having all accounts tracked, properly approved, all supporting documents attached, which helped to get them reconciled timely.
When we get BlackLine 6 years ago and then again after 3 years during the agreement renewal, we evaluated Oracle and Trintech and decided for BlackLine due to SAAS, easy of use, and rich features.
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