Blackline is the erpagnostic enhanced finance and controls automation platform. Exl currently serves nine clients using the blackline financial close software suite and has a team of blackline certified implementation professionals to facilitate systems implementation for global clients. Getapp offers free software discovery and selection resources for professionals like you. Financial close software, financial close management. Blackline is an american enterprise software company that develops cloud based solutions designed to automate and control the entire financial close process. Exl partners with blackline systems to provide cloudbased. Founded in 1886, the cocacola company is the worlds largest beverage company with more than 500 sparkling and still brands. The software provides an accurate and effective account reconcliation process that helps produce highquality and accurate financial statements. The foundation for sustainable accounting practices starts here. 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.
Blackline financial close suite vs bytepro competitor. 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. Blackline offers clients its enterpriseclass software in an easy to implement ondemandsaas platform. Blackline financial close suite for sap solutions becomes an sapendorsed business solution enterpriseclass saas offering from blackline systems integrates with finance solutions from sap to help clients automate account reconciliation and financial close processes.
Blackline also rated highest for market presence and satisfaction in the enterprise financial close category. Companies throughout the world have used the blackline finance controls and automation suite to automate their financial close, account reconciliations, journal entries, and numerous other accounting and finance processes. Blackline is the only financial close software provider in the top ten, ranking ahead of industry giants including ibm, oracle, and workday. Blackline financial close suite for sap solutions becomes.
Oracles complete epm suite gives you the agility you need to respond to. Exl partners with blackline systems to provide cloudbased financial close solutions. Platforms blackline, the continuous accounting platform. Bl announced today it has been named a 2020 gartner peer insights customers choice for cloud financial close. Blackline was ranked number 43 on forbes cloud 100 list in october 2016. Blackline systems completes soc 2 type 2 and soc 3 security and availability audit achieving stringent new aicpa standards soc 2, soc 3 audit 1st for account reconciliation, financial close. Blackline close process management provides accounting and finance departments with best practice tools to help manage and tame the last mile of finance.
See how many websites are using blackline financial close suite vs bytepro and view adoption trends over time. Financial close management accelerate your financial close. Vivint smart home technology provider blackline financial close suite for sap solutions duration. Blacklines financial close suite is comprised of six modules which help companies optimize their financial close process by providing automated functionality, enhanced control, and unprecedented visibility. Unlike other frankensuite software providers that often skin acquired.
By implementing blackline s centralized, automated system, companies gain critical, realtime visibility into their financial closes while optimizing. Blackline systems financial close software suite v6. Blackline financial close suite for sap solutions becomes an. Blackline is a cloud financial close solution that helps drive continuous improvement across your finance and accounting organization. Blackline also rated highest for market presence and satisfaction in the enterprise financial close. The blackline financial close software suite takes a process that is key to accurate. Financial close is an accounting term used to describe the process of zeroing out the balance in nominal accounts, such as revenues and expenses, and updating the retained earnings account in the ledger to equal the endofperiod balance. Blackline systems suite of financial software applications automates the entire financial close process. Finally, it is difficult to put a price on having peace of mind. Blackline is an american enterprise software company that develops cloudbased solutions designed to automate and control the entire financial close process.
Blackline competitors and alternatives in cloud financial. Market share other accounting and finance software blackline financial close suite vs. With blackline, companies can be confident that theyre running the most integrated, complementary, and trusted financial close. Accounting automation software leader blackline, inc.
Compare pricing for blackline against the competition. The blackline financial close software suite takes a process that is essential to accurate financial. Workiva and blackline team up to transform financial close. The blackline connector is designed to integrate with the blackline financial close suite for sap solutions, a sapendorsed business solution, and with systems running the sap erp application. The suite of six integrated products provides accounting and finance departments with endtoend functionality that.
Blackline complements sap and is the only unified solution built entirely for the cloudautomating account balance and transaction reconciliations, strengthening controls, and streamlining core close tasks. By achieving this status, the blackline financial close suite joins the ranks of fewer than 40 solutions that have been endorsed by enterprise application software. 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. The unified cloud for accounting and finance blackline. By achieving this status, the blackline financial close suite joins the ranks of fewer than 40 solutions that have been endorsed by enterprise application software leader sap. Bl today announce the availability of a platform integration to help joint customers streamline financial close. List of top financial close software 2020 trustradius. This is why were so excited to announce that blackline took the ninth spot on g2s best products for finance 2020 list. Compare blackline to alternative financial close software. Blackline named top 10 in g2s best products for finance.
Financial close software overview what is financial close software. The primary module blackline clients typically start with is the account reconciliation module. We started using it to replace our old clientserver based software to support the monthend gl reconciliation process for various entities in our global company. Wk, the leading cloud provider of connected reporting and compliance solutions, and accounting automation software leader blackline, inc. The blackline financial close suite for sap solutions is an sapendorsed business solution. He holds a bachelor of science degree from cornell university.
Finance controls and automation platform blackline. Only financial close software provider in top 10 published. Blackline recognized as a 2020 gartner peer insights customers choice for cloud financial close solutions blackline also named a leader in gartners 2019 magic quadrant for cloud financial close. Bl announced today it has been named a 2020 gartner peer insights customers choice for. With a proven track record and a commitment to customer success, blackline seeks to reduce the effort the financial close places on accounting and finance professionals.
Blackline recognized as a 2020 gartner peer insights. Spreadsheets can be full of hidden, costly mistakes. Blackline enables clients to move beyond outdated accounting processes and point solutions that help accountants and finance professionals work smarter. The blackline financial close management solution empowers users to gain full control over the financial close process by streamlining accounting workflows, and producing financial. The blackline financial close software suite takes a process that is essential to accurate financial reporting and brings compliance, standardization, and mitigation of risk to the period close process. Blackline systems completes soc 2 type 2 and soc 3.
New endorsed business solution ebs blackline financial. Task management and variance analysis functionality that is also available within the blackline financial close software suite. New endorsed business solution ebs blackline financial close suite. Blackline is an american enterprise software company that develops cloudbased solutions buzzword designed to automate and control the entire financial close process. Choose business it software and services with confidence. The software is leveraged by more than 700 companies from the fortune 100 to beyond the. Blackline s finance controls and automation suite is used by organizations globally to handle all aspects of their close and will give you the confidence and control that you desire. Blackline also named a leader in gartners 2019 magic quadrant for cloud financial close solutions. Blackline smart close for sap provides simplified, standardized, and automated financial close automation that is built right into sap. No messy acquisitions, no disparate hybrid softwarehardware combinations, and. Its robotic process automation for the financial close built directly in sap. Only financial close software provider in top 10 blackline rated highest for market presence and satisfaction in enterprise. A shift is happening, and leading accounting teams are driving discussions about the top solutions that will transform how they work. Blackline enables clients to move beyond outdated accounting processes and point solutions that help accountants and finance professionals work smarter and more efficiently.
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