Not all financial close solutions are created equal. Especially during times of flux, organizations need a solution that can sustain social and economic shifts, continue to make us more productive and effective at our jobs, and help us prepare for the future.
In this blog, we’re highlighting five reasons companies choose BlackLine to help them make the move to modern accounting.
Easy to Adopt, Modular Solutions That Evolve Into Full Automation
Although we have a comprehensive suite of finance and accounting automation solutions, we help companies of all sizes get started with just the close automation essentials they need.
Our Modern Accounting Playbook delivers a purpose-built solution based on leading practices to get finance and accounting teams up and running on close automation solutions quickly. Unlike other point solutions, BlackLine allows you to enhance and optimize your processes with additional points of automation when the time is right.
Get Up & Running Quickly to Reduce Manual Work & Save Time
Manual accounting creates bottlenecks that cost you valuable resources and extend the time to close.
With BlackLine, accountants can automatically reconcile accounts continuously throughout the month. Forgo the huge spike of manual work and month-end and instead, even out your workloads throughout the month to avoid unnecessary overtime and adverse effects on employee morale.
Unlike the competition, we implement intelligent business rules to auto-certify up to 85% of your accounts each month, so you can save time and focus on higher risk accounts and exceptions.
Additionally, your solutions will be implemented quickly and your teams trained on BlackLine rapidly to accelerate your time to value.
According to Nucleus Research, it can take as little as seven weeks for customers to begin realizing payback from BlackLine. And on average, customers gain $2.67 for every dollar spent.
Ease of Use & Continuous Innovation
BlackLine continuously invests in our customers. We recently launched new dashboards and visualizations so that teams can view and track close activities and workloads at a glance and click into underlying detail and work performed.
BlackLine is not only easy to use, it’s also powerful—a statement other close management solutions cannot support. Our application securely runs ERP and source data, performs reconciliations, processes underlying automation logic, and stores supporting detail.
Each year, BlackLine dedicates over $50 million in R&D to meet the dynamic needs of finance and accounting professionals.
Your Modern Accounting Partner
Recent global events have challenged companies in unprecedented ways. BlackLine is helping build confidence with a virtual close, even in uncertain times. Don’t take on the risk of a private equity- or venture capital-backed company. Companies can rely on BlackLine now and long into the future.
Through our collaborative accounting experience, we provide a guided, clear path to modern accounting and access to a global community of expertise. And most importantly, we are committed to your continued success.
Past Success Predicts Future Results
Past performance is the most significant predictor of success. With over 3,000 customers and a 97% customer retention rate, BlackLine is helping companies of all sizes and across every industry embrace modern accounting. We’re dedicated to helping customers close faster with complete and accurate results.
Get in on the conversation and speak with one of our solutions experts today.