BlackLine

"Good tool for account reconciliation in a GBS center"

Kommentare: 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.

Vorteile: Due to the cloud technology it is available from anywhere. It could be really useful if you should manage GL reconciliation for many entities with different ERPs (it was our case) Easy to use interfaces, very good support. Can support the internal or external audit procedure and can reduce its cost. Auto-certification is sophisticated with several customization possibilities.

Nachteile: 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.

"Blackline Integration with Data Management Software such as SAP"

Kommentare: Since SAP has been integrated with BlackLine, reconciliations every day+5 of the month end processes are a lot easier. Variances and discrepancies are easily dealt with. Blackline has only been limited to its functions as well as the real-time processing of data.

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

Nachteile: 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.

"Much to improve"

Vorteile: I use this in monthly accounts reconciliations. Great tool for store data and for making the summary of balances in accounts.

Nachteile: There is too many fields to fill, many not needed options. When users have many accounts assigned Blackline is realy slowly.

"Awesome software direct and to the point"

Vorteile: At a glance, all the gl account balance is there. You can also upload the report from SAP into blackline so that reconciliation can be done easier. And the approval can just easily approve the ledger at least me go. Allows you to store excel sheet inside so that approval can review it easily.

Nachteile: It might get be better if the blackline team is able to get back shortly after we upload the ledger balance maybe within an hour or so. This will surely reduce the time we need to take to complete the reconciliation within the timeframe.

"Great tool for balance sheet recs!"

Vorteile: It provides visibility and consistency to balance sheet recs. Fairly easy to use. Several different templates available pre-built.

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