What is BlackLine used for?

BlackLine is accounting automation software for the financial close, focused on account reconciliation and period-end processes. It is a good fit for speeding up month-end close and documenting reconciliations for audit.

How much does BlackLine cost?

BlackLine doesn't publish fixed prices; pricing is quoted on request.

Is BlackLine open source?

No. BlackLine is proprietary (closed-source) software and can't be self-hosted. In the Finance & Accounting category, open-source options include GnuCash, Bigcapital and hledger.

What are some alternatives to BlackLine?

BlackLine competes with FloQast, Workiva and Planful.

BlackLine: features, pricing and alternatives

About BlackLine

BlackLine is a commercial finance automation product aimed at accounting teams that need to close their books accurately and on time. It centers on account reconciliation, which means checking that balances in the ledger match supporting records, and on managing the tasks that make up the period-end close.

Tools of this type typically add matching of high-volume transactions, task lists with owners and deadlines, journal entry controls and audit trails. The vendor site could not be read when this entry was written, so confirm the current product modules on the BlackLine website.

BlackLine is proprietary software sold as a cloud service and aimed at mid-sized and large organizations with complex close processes. It usually sits alongside an ERP such as SAP, Oracle or NetSuite rather than replacing it.

Key features

Account reconciliation automation
Financial close task management
Transaction matching
Audit trail for close activities
ERP integration

Good fit for

→Speeding up month-end close
→Documenting reconciliations for audit

Tags: financial-close; reconciliation; accounting; automation; audit; enterprise; finance

BlackLine: questions and answers

What is BlackLine used for?: BlackLine is accounting automation software for the financial close, focused on account reconciliation and period-end processes. It is a good fit for speeding up month-end close and documenting reconciliations for audit.
How much does BlackLine cost?: BlackLine doesn't publish fixed prices; pricing is quoted on request.
Is BlackLine open source?: No. BlackLine is proprietary (closed-source) software and can't be self-hosted. In the Finance & Accounting category, open-source options include GnuCash, Bigcapital and hledger.
What are some alternatives to BlackLine?: BlackLine competes with FloQast, Workiva and Planful.