BlackLine

cloud

Designed entirely in the cloud from the ground up, BlackLine is the only unified technology solution built specifically for accounting and finance. No messy acquisitions, no disparate hybrid software-hardware combinations, and no expensive middleware or upgrade costs, just the world’s most trusted solution for Finance Controls and Automation.

The simplicity and usability of BlackLine solutions are unique. Unlike some systems on the market today, BlackLine is not a Frankenstein patchwork of old software and hardware. Rather, it’s a comprehensive Finance Controls and Automation platform built on a single codebase and delivered securely via the cloud. Users enjoy a consistent experience with single sign-on and avoid constantly switching between multiple systems. Data is available between products within the platform as well, without having to be transferred between or through other systems. Organizations can manage the entire accounting and finance lifecycle and gain a global view into tasks and processes, all in one centralized, secure, and reliable system: the only unified cloud platform built specifically for finance and accounting. When clients purchase BlackLine, they focus on adopting the technology for process improvement rather than supporting its infrastructure.

BlackLine helps organizations modernize processes, embed controls, and obtain unprecedented visibility into accounting and finance by centralizing key accounting functions within a single platform. In addition to automating period-end processes, BlackLine solutions enable companies to move beyond the antiquated record-to-report process to a new approach known as Continuous Accounting. This evolution of process optimization and technical automation facilitates continuous monitoring for fraud and inaccuracies, delivering greater visibility to the organization and unleashing accountants to contribute greater value to the broader business. Advance critical accounting operations and centralize account reconciliations, journal entries, variance analysis, intercompany transactions and processing, task assignments, checklists, and the financial close with BlackLine.

Financial Close Management
The BlackLine Financial Close Management solution centralizes the management of all period-end close activity and streamlines accounting workflows, general ledger reconciliations, journal entries, and other period-end processes. It enables the timely completion of financial and regulatory reporting and ensures simplified auditability. Trust in the accuracy of your financial reporting with a controlled, streamlined, and transparent close process.

Reconciliation Management
The BlackLine Reconciliation Management solution standardizes, automates, and streamlines all types of reconciliations including general ledger or balance sheet, bank, credit card, cash, and other operational reconciliations, as well as reconciliations between systems and regulatory standards, and numerous other types. Move beyond manual, spreadsheet-driven processes and accelerate period-end account reconciliations for a faster, more confident close.

Intercompany Hub
The BlackLine Intercompany Hub provides a clearinghouse for intercompany transactions that eliminates after-the-fact manual intercompany reconciliations and settlements. It interfaces with a company’s core ERP systems and manages all of the global complexity inherent to intercompany accounting. Stop sacrificing control and wasting time and resources on these challenges and centralize the process from end-to-end.

BlackLine Insights
BlackLine Insights provides real-time, actionable intelligence, benchmarking, and analysis of accounting operations and empowers finance leaders to continually improve period-end accounting processes. It allows clients to dynamically analyze how their accounting team performs compared to specific accounting-focused benchmarks. Optimize processes and efficiency by measuring accounting productivity and operations.

Continuous Accounting – The Path to Building a Modern Finance Organization