Given their endowments, educational institutions are required to account for funds transparently, and they rely on BlackLine to gain the control and visibility needed to do so. BlackLine also allows educational institutions and their bursars to get the most out of their funding and resources by accomplishing more with fewer people.
BlackLine’s Account Reconciliations and Task Management modules offer educational institutions the accounting software they need to help ensure that their accounting processes are efficient and accurate. The Transaction Matching module helps manage tuition accounting, departmental accounts, fundraising donations, scholarships, grants and other payments. Educational institutions also use Transaction Matching to match lockbox receipts with receivables.
Learn more about BlackLine’s Financial Close Suite and accounting software for educational institutions.