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BlackLine Financial Close Management Reviews & Product Details

Value at a Glance

Averages based on real user reviews.

Time to Implement

5 months

BlackLine Financial Close Management Media

BlackLine Financial Close Management Demo - Main Dashboard (high level)
This dashboard helps those managing the financial close. Numbers are drillable to details.
BlackLine Financial Close Management Demo - My Work Dashboard
This dashboard focuses on the work assigned to you. It is drillable to the details.
BlackLine Financial Close Management Demo - Reconciliation Display
This is a prepaid reconciliation showing the various prepaid property taxes, as well as any comments and supporting documentation.
BlackLine Financial Close Management Demo - Task Management Display
Shows a task with dependencies and also displays the task's purpose and instructions.
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BlackLine Financial Close Management Reviews (1,053)

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Reviews

BlackLine Financial Close Management Reviews (1,053)

View 1 Video Reviews
4.5
1,053 reviews

Pros & Cons

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Prathamesh S.
PS
Senior AR Analyst
Mid-Market (51-1000 emp.)
"User review for Blackline platform"
What do you like best about BlackLine Financial Close Management?

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.

What do you dislike about BlackLine Financial Close Management?

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.

AH
Assistant Controller
Enterprise (> 1000 emp.)
"Blackline and the Close"
What do you like best about BlackLine Financial Close Management?

I used Blackline in my previous role at another company and loved it so much, I brought it to my current company. The close process is sped up, more accurate and removes the high time low brain activity that was holding back the company from taking the next steps. As the company grows, the need for speed and accuracy grows. Blackline has been instrumental to making the close seamless and lowering time. so we can get home to our families earlier than ever before. Review collected by and hosted on G2.com.

What do you dislike about BlackLine Financial Close Management?

The only negative review I have is the time investment upfront to getting started. This is a necessary evil and one that I don't believe there is necessarily a cure for, but that's the only "hiccup" I would say we've had so far. Review collected by and hosted on G2.com.

Shobhit K.
SK
Asst. Controller - Tax & Compliance
Publishing
Enterprise (> 1000 emp.)
"Blackline is great tool to improve efficiency in the month-end closing process"
What do you like best about BlackLine Financial Close Management?

Blackline can integrate with SAP effectively and fetch the accounting data for reconciliations and reporting purposes. Review collected by and hosted on G2.com.

What do you dislike about BlackLine Financial Close Management?

I have noticed nothing significant that can be considered a dislike for this software. Review collected by and hosted on G2.com.

Rachel N.
RN
Senior Analyst-Finance Transformation
Mid-Market (51-1000 emp.)
"Easy to Use and Customize"
What do you like best about BlackLine Financial Close Management?

I love the ease of administration of BlackLine Financial Close Management - almost everything is open to me as a system administrator, and if it is not - the BlackLine technical team is right behind me to support. I also appreciate all of the customer support we receive. Review collected by and hosted on G2.com.

What do you dislike about BlackLine Financial Close Management?

Some configurations do take a long time - and that can get in the way of agile building. For example, for me to use Tasks, I have to set up a hierarchy for those tasks and this is set for all time. I can adjust, but this will take considerable work after it's configured. Review collected by and hosted on G2.com.

JB
Sr Analyst
Enterprise (> 1000 emp.)
"Newbie BeyondTheBlack Attendee!"
What do you like best about BlackLine Financial Close Management?

The best part of the BlackLine management system is the ability to mitigate manual and repetitive tasks that are mundane. Blackline's whole purpose is to make more time to do more valuable analysis rather than spending hours on manual reconciliations, which I greatly resonate with. Review collected by and hosted on G2.com.

What do you dislike about BlackLine Financial Close Management?

My biggest hinderance is nothing to do with the Blackline side but on the company side. We do not currently have journals or any AI integrated into our production environment. I think we have had to create many time consuming workarounds that could easily be solved with AI. Review collected by and hosted on G2.com.

Response from Lexi Chabiniak of BlackLine Financial Close Management

We hope you had a great time at BeyondTheBlack this year and are glad to hear we've helped with manual and mundane tasks! We look forward to your continued success with BlackLine and hope we can help continue to solve time consuming tasks.

CV
VP Finance
Mid-Market (51-1000 emp.)
"Looking forward to ROI"
What do you like best about BlackLine Financial Close Management?

I believe the streamline and close optimization and automation will be our greatest benefit and achieve once we are through the initial implementation phase. Its been a long hard journey however I and my team are starting to see the light at the end of that tunnel Review collected by and hosted on G2.com.

What do you dislike about BlackLine Financial Close Management?

At this time have very limited use as we are still in the process of building out our close structure within the tool, however my team is super excited about the offerings and what it proposes to bring to the ability to shorten our financial close timeline Review collected by and hosted on G2.com.

Response from Lexi Chabiniak of BlackLine Financial Close Management

Thank you for sharing your feedback about the potential benefits of BlackLine! We are just as excited for your ROI as you are and hope the rest of your implementation phase goes smoothly!

Verified User in Electrical/Electronic Manufacturing
AE
Enterprise (> 1000 emp.)
"Digital cabinet"
What do you like best about BlackLine Financial Close Management?

Stores all financial documents for future reference and contains approvals. No paper required and can be accessed from anywhere in the world. Review collected by and hosted on G2.com.

What do you dislike about BlackLine Financial Close Management?

Admin is a bit clunky and the "Ideas" in the BlackLine community has been removed, so you can't see what other customers see deficiencies in the product and what changes they would like to see which included a voting system. Review collected by and hosted on G2.com.

Verified User in Real Estate
AR
Small-Business (50 or fewer emp.)
"Big BlackLine Fan"
What do you like best about BlackLine Financial Close Management?

I think the tasks are set up in a great way - customizable, intuitive. We have explored other task module software and BlackLine has been the best. Our BlackLine CSM is helpful and responsive, as well as our Account Manager. Tasks are an easy win to keep track of close and make sure the team is aligned - it has also helped with transition of duties. We use tasks every day. Reconciliations are a bit more difficult to implement and you need better change management. I would also recommend an implementation partner to get the most out of the module. Review collected by and hosted on G2.com.

What do you dislike about BlackLine Financial Close Management?

Templates require more training, but it makes sense as it is a more complex feature. It's not easy to pick up if you're not an accountant. I wish the alerts for tasks and recs were more customizable as well. Review collected by and hosted on G2.com.

Verified User in Manufacturing
AM
Mid-Market (51-1000 emp.)
"Streamlined and Organized Financial Processes"
What do you like best about BlackLine Financial Close Management?

The Blackline tools have helped tremendously with our control framework. It has become our primary source for documentation and approvals. It has also helped to transform the way our company operates. The system is very user friendly and easy to navigate. Review collected by and hosted on G2.com.

What do you dislike about BlackLine Financial Close Management?

From an admin standpoint I find it very difficult to understand all of the Blackline update e-mails. They aren't very specific to their customers setup and hard to tell if we need to actually do anything from an IT standpoint. I know this is a hard thing to fix but couldn't think of anything else to say. I'm not an IT person so when an e-mail comes from Blackline with all IT language it's hard for me to understand. Review collected by and hosted on G2.com.

TC
F&A Senior Manager of Transformation and Process Systems
Enterprise (> 1000 emp.)
"Great, every module we have initiated has proven to provide significant benefits!"
What do you like best about BlackLine Financial Close Management?

Very user friendly!! The various modules work together to provide an efficient automated process! The system admin (from the business side) has the ability to make enhancements to workflows. Review collected by and hosted on G2.com.

What do you dislike about BlackLine Financial Close Management?

Sometimes it is hard to find solutions in the community. The community has a tremendous amount of information, but if you are not sure what to search by, you may not find what you are looking for. Review collected by and hosted on G2.com.

Pricing Insights

Averages based on real user reviews.

Time to Implement

5 months

Return on Investment

20 months

Average Discount

10%

Perceived Cost

$$$$$

How much does BlackLine Financial Close Management cost?

Data powered by BetterCloud.

Estimated Price

$$k - $$k

Per Year

Based on data from 7 purchases.

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BlackLine Financial Close Management Features
Journal Entries
Tags / Dimensions
Audit Trail
Reconciliations
Custom Reporting
Dashboards
Customization
Workflow Capability
User, Role, and Access Management
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BlackLine Financial Close Management