Accurate and Effective Account Reconciliation Process
Standardize, control, and streamline reconciliations
Account Reconciliation automates and standardizes the reconciliation process to produce high-quality and accurate financial statements. It drives accuracy in the financial close by providing accountants with a streamlined method to verify the correctness and appropriateness of their balance sheets. Accountants can quickly compare general ledger, bank, and other data, investigate discrepancies, attach supporting documentation, and take required actions from an intuitive, unified workspace.
Quick Demo: BlackLine Account Reconciliations
Streamline the Reconciliation Process
BlackLine provides accountants with an intuitive interface for performing account reconciliations that includes standardized templates, workflows for preparation, approval and review, linkage to policies and procedures, and integrated storage of supporting documentation.
Dramatically Enhance Internal Controls
Account Reconciliations software removes the risk of the old world of paper-based, manual spreadsheets by maintaining proper segregation of duties, creating post-certification view-only records, automatically adding new ERP accounts, and gaining unprecedented visibility into accounting processes.
Standardize and Optimize Process
Enforce standardization across the reconciliation process to improve quality and accuracy of financial data. Modernizing the approach to defining the account reconciliation process reduces errors and inaccuracies so accountants focus on analysis, risk mitigation, and exception handling.