Financial close software, financial close management. Account reconciliations, task management, transaction matching, and journal entry. Blackline competitors, revenue and employees owler company. Blackline competitors and alternatives in cloud financial. Blackline customer references have an aggregate content usefulness score of 4. Whats difficult is finding out whether or not the software you choose is right for you. Ensure a better, more efficient close from anywhere with blackline. Blacklines finance controls and automation suite is used by many companies to put such controls in place. Only financial close software provider in top 10 blackline rated highest for market presence and satisfaction in enterprise. Consolidate, validate, report, and disclose move beyond spreadsheets with cloudbased financial close management software that aggregates data, tracks close processes, provides a clear audit trail, and speeds up overall internal and external financial disclosure. Financial close software, also called accounting close software, provides tools to help businesses complete the financial close cycle. The big, understated force in cloud financial software. Blackline enables clients to move beyond outdated accounting processes and point solutions that help accountants and finance professionals work smarter. Blackline helps financial organizations create a truly transparent, accurate periodend close more efficiently and at less cost.
Only financial close software provider in top 10 apr 20, 2020 blackline virtual european user conference draws nearly 1,100 attendees twice what was expected in person. Blackline is an american enterprise software company that develops cloudbased solutions buzzword designed to automate and control the entire financial close process. Finance controls and automation platform blackline. Jpmorgan analyst mark murphy said in a note to clients that it needs more sales from new products, such as the. It is a webbased application for performing account balances reconciliation which can be easily integrated with other financial software such as sap. Blackline close process management solution to orchestrate and accelerate. Accounting, financial close, and reporting software systems sap. Blackline is the leader in enhanced finance controls and automation efca software and the only provider that offers a unified cloud platform supporting the entire closetodisclose process. The unified cloud for accounting and finance blackline.
Bl announced today it has been named a 2020 gartner peer insights customers choice for cloud financial close solutions as reported. Blackline is the leader in enhanced finance controls and automation efca software and the only provider that offers a unified cloud platform supporting the entire close todisclose process. Blackline enables clients to move away from outofdate practices and help finance and accounting professionals work smarter, more efficiently, and accurately. What differentiates leading financial close software. The software provides an accurate and effective account reconcliation process that helps produce highquality and accurate financial statements. Explore our financial close and accounting software systems and see how they can help you streamline financial consolidation, compliance reporting, audits, and more. Streamline financial closing with the sap account substantiation and automation by blackline, which complements finance solutions from sap. Connect with blackline blackline is a financial close management software. Blackline s headquarters is located in woodland hills, california, usa 967. Blackline helps organizations modernize processes, embed controls, and obtain.
Delivers meaningful governance and audit oversight. Blackline smart close for sap provides powerful scheduling, monitoring. Blackline provides solutions for financial close management, accounting automation, and intercompany governance, helping large enterprises and midsize companies across all industries do accounting. Yet, so many are bogged down by outdated systems and. Blacklines financial close suite provides strong controls and accuracy around accounting processes. Compare blackline to alternative financial close software. Consolidate, validate, report, and disclose move beyond spreadsheets with cloudbased financial close management software that aggregates.
List of top financial close software 2020 trustradius. Choose your sap software for accounting and financial close realtime accounting and financial processes achieve a faster, more compliant financial close by enabling one common view of accounting and financial data to improve enterprisewide consistency and gain live business insights. Sap account substantiation and automation by blackline sap. Blacklines financial close suite provides accounting and finance departments with endtoend functionality that automates and streamlines manual, spreadsheetdriven accounting processes. Blackline financial close management automating the enterprise financial close global finance and accounting leaders must improve processes, increase employee efficiency, and deliver an accurate picture of their organizations financial performance. Blacklines unified cloud platform and broad range of solutions puts it in a class by itself as a company recognized by gartner as a leader in efca and financial corporate performance management. Financial close management accelerate your financial close.
Choose business it software and services with confidence. The software is limited to reconciliations and intercompany transactions wherein the vast majority of software are investing on inmemory capacity and cloud for more flexible. Sox compliance financial close l blackline systems. Beyond closereconciliation management the product includes. Blackline financial close management offers four main feature areas. Many organizations perform financial close at the end of each. Blackline is the creator and premier provider of enhanced financial controls and automation efca software to streamline financial close operations. Blackline systems designs, develops and provides financial close software for accounting and finance departments. The blackline financial close suite for sap solutions is an sapendorsed business solution. Blackline virtual european user conference draws nearly. Blackline systems suite of financial software applications automates the entire financial close process.
Suntrust autocertifies up to 98% of their 4,000 reconciliations. Baxter credit union streamlines the close process to focus on analysis banking on automation. Blackline is the only provider that offers a unified cloud platform supporting the entire close todisclose process and the leader in enhanced finance controls and automation software. Software maker blackline taps digital transformation, sap. Mar 19, 2020 accounting automation software leader blackline, inc. Many organizations perform financial close at the end of each month, during which accountants within an organization use this software to ensure the books are accurate and any transactions were successfully completed. Run fast and accurate closing and accounting processes with sap. Choose your sap software for accounting and financial close realtime accounting and financial processes achieve a faster, more compliant financial close by enabling one common view of. Only financial close software provider in top 10 apr 20, 2020 blackline virtual european user conference draws nearly 1,100. Of all the financial applications that could be built, erp vendors focus on core financials like general ledger. A shift is happening, and leading accounting teams are. Blacklines headquarters is located in woodland hills. The software can also be accessed anytime, anywhere via blacklines highly secure softwareasaservice saas cloud delivery model.
Blackline systems financial close software suite v6. Get your general ledger reconciliations out of excel and into a cloud. Read more keep on top of projects and deadlines with proworkflow a. Blackline recognized as a 2020 gartner peer insights.
Financial close process automation for sap software blackline. Explore a recommended list of blackline alternatives for your business in 2020. Blackline automates the the processes required to finalize periodic closing of the books. Only financial close software provider in top 10 prnewswire 19 hours ago. Creating a truly transparent, accurate periodend close. Tons of people want financial close software to help with budgeting, planning, and data analysis.
Accounting, financial close, and reporting software. How financial institutions are cashing in us blackline on bloomberg. Explore our financial close and accounting software systems and see how they can help you streamline financial consolidation. This software provides a more standardized and organized. Digital transformation player blackline stock sees fast. Blackline financial close management automating the enterprise financial close global finance and accounting leaders must improve processes, increase employee efficiency, and deliver an accurate. It allows you to book journal entries, complete account reconciliations, analyze fluctuations in accounts, and prepare financial statements using an integrated set of secure tools. The blackline financial close management solution empowers endusers to gain full control over the financial close process by streamlining accounting workflows, and producing financial and regulatory. Blackline is the only provider that offers a unified cloud platform supporting the entire closetodisclose process and the leader in enhanced finance controls and automation software. The software provides an accurate and effective account reconcliation.
Solutions endorsed by sap are complementary to sap software offerings, have been specifically. Blackline garners most revenue from its close process management software. The marketwatch news department was not involved in the creation of the content. Bl announced today it has been named a 2020 gartner peer insights customers choice for cloud financial close solutions.
Accounting automation software leader blackline, inc. Blackline competitors, revenue and employees owler. Financial close software imports data from all financial systems and other sources of financial data, including erp and general ledger systems, bank files and statements, credit card and merchant services, and any other system that holds relevant data. Financial close software, or accounting close software, assists businesses by providing ways to streamline the financial close cycle. With a spreadsheetdriven close, more growth means hiring even more accounting staff to keep up with an everexpanding close. Blackline financial close management solution comprises a number of products to help streamline and control the entire financial. Compare alternatives to blackline side by side and find out what other people in your industry are using. Apr 22, 2020 blackline also rated highest for market presence and satisfaction in the enterprise financial close category. Spreadsheets can be full of hidden, costly mistakes. With the account reconciliations tools provided by blackline you can compare data from multiple systems and locations to reconcile the account balance across all balance sheet accounts. Let getapp help you determine if the competition offer better features or value for money. Blackline is a cloud financial close solution that helps drive continuous improvement across your finance and accounting organization.
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