BlackLine Financial Close Management Reviews & Product Details

I like that the layout of BlackLine Financial Close Management is simple, making it user-friendly. It stays up to date relatively quickly, which is helpful. The account grouping and ungrouping are relatively easy to manage. Setting up tasks is simple, and I appreciate that it's straightforward. I also like that I can run reports that are very customizable and exportable to Excel, which adds flexibility. Review collected by and hosted on G2.com.

There could be better connection to our Microsoft Dynamics accounting software because we currently get data in there manually, so that's not ideal. I wish we could toggle and add features, like turning off alerts for tasks with end dates or variance alerts, since we don't use that area much. Some of the matching setup is kind of tricky, and making changes for account groupings is a little tricky for someone not familiar with the normal process. Review collected by and hosted on G2.com.

I like BlackLine Financial Close Management the most because it's very structural and clear. It clearly indicates what I still need to do and what is already done, which gives me a clear picture of what I need to complete for the month-end close. This clear visibility helps me avoid missing any tasks and move my month-end close more efficiently. Review collected by and hosted on G2.com.

I think the things that don't work so well is that sometimes, if I have a task created in BlackLine, and I need to remove it, it's not something I can do on my end. I have to contact the admin to do that. So I guess it's some of the features. I don't have the availability to control myself, and I have to reach out to the admin and other people to help solve the problem. Review collected by and hosted on G2.com.

I like the real-time visibility BlackLine Financial Close Management provides into the close process. It clearly shows task status, dependencies, and risks across teams, which reduces manual follow-ups and last-minute issues. I appreciate the standardized workflows, clear ownership, and built-in audit trail that significantly improve accountability, efficiency, and audit readiness during month-end close. I also find that it integrates well with ERP for close activities and reconciliation. Review collected by and hosted on G2.com.

The initial setup and configuration can be complex and time-consuming, especially when dealing with several different entities. Some changes require admin support, and certain parts of the UI could be more intuitive, although you get used to them over time. Review collected by and hosted on G2.com.

I like BlackLine’s ability to centralize close activities, automate reconciliations, improve visibility, and strengthen controls. It reduces manual work, enhances accuracy, and helps teams collaborate efficiently throughout the financial close. Review collected by and hosted on G2.com.

I dislike that BlackLine can feel complex at first, requiring significant setup and user training. Some configurations take time, and performance may slow with very large datasets. Licensing and add-ons can also increase costs for smaller teams or simpler close processes. Review collected by and hosted on G2.com.

I use BlackLine Financial Close Management for month-end reconciliations. I like that transaction matching works well for one of our reconciliations, especially when dealing with high volumes of data. Customer service is always good, and having contacts that can advise me on upcoming projects and the level of support we require is invaluable. Review collected by and hosted on G2.com.

Our initial setup is antiquated and requires to be updated. Also, when a file loads in twice, we have to manually check the data. It would be good to have AI suggest where a file seems to be duplicated. The initial setup wasn't a future-proof solution. Review collected by and hosted on G2.com.

I like how BlackLine Financial Close Management helps us remember all different general ledger accounts. It's also great that multiple people can be in it, allowing me to tag certain people to specific reconciliations and the reviewers as well. Review collected by and hosted on G2.com.

There are too many auto certifying features that could be more analyzed in-depth. The initial setup wasn't easy, taking us a few weeks and quarters to get used to the system. Review collected by and hosted on G2.com.

I like how BlackLine Financial Close Management saves us a bit of time with our bank reconciliations and lots of time with the matchsets. The simplicity with everyone having access to the reconciliations and the ease of change we have as admins is great. The Verity AI for matching looks like it will save us even more time. Review collected by and hosted on G2.com.

We were told that you couldn't promote from sandbox to production which was frustrating and wasted lots of time for us. Review collected by and hosted on G2.com.

What I like best about BlackLine Financial Close Management is its powerful automation for account reconciliations and task workflows, which drastically cuts down month-end close times in RTR processes. The real-time dashboards and AI-driven matching rules provide clear visibility into bottlenecks, allowing teams to focus on analysis rather than manual data entry. As an RTR professional, this has been a game-changer for ensuring accuracy and compliance without endless spreadsheets. Review collected by and hosted on G2.com.

The main drawbacks of BlackLine Financial Close Management include its steep learning curve and complex implementation process, which can delay rollout for RTR teams. Users often note limited customization options and reporting capabilities, sometimes requiring external tools for advanced analytics. Additionally, task assignment can feel clunky, and it demands a dedicated admin for optimal use. Review collected by and hosted on G2.com.

The Blackline Financial Close Management tool is effective in streamlining the often complex financial close process. It assists with tasks such as managing month-end checklists, posting recurring and accrual entries, and handling prepaid amortizations. Additionally, it simplifies these processes by automating intercompany reconciliations, making the overall financial close more efficient. Review collected by and hosted on G2.com.

Some common criticisms of BlackLine Financial Close Management are its initial complexity and the steep learning curve that users often face. Many users report challenges during implementation and integration, as well as a perceived lack of adequate customization and automation features, particularly in terms of AI capabilities. Additionally, the built-in reporting dashboards are seen as limited, frequently necessitating the use of external tools for more advanced analytics. Review collected by and hosted on G2.com.

We have been able system certify over 60% of our reconciliations. This has saved significant time Review collected by and hosted on G2.com.

Deadlines can’t be set based on working days. This makes little sense given that every organisation I’ve ever worked at works this way. The in transit process works on our transaction date rather than accounting period which is problematic. You should be able to select a different date to drive journals from a data source to the data used for in transits. In transits scheduling should work based on on working days as well. Review collected by and hosted on G2.com.