BlackLine for Banking & Financial Services

An intelligent investment
to unify and automate
accounting work

Banks and financial services organizations are shifting from downtown to digital to meet customer demands, focusing on cybersecurity initiatives and undertaking transformation to survive and thrive in an uncertain economy.

Banking and financial services accounting teams must also adapt. Modern accounting technology helps them save time, reduce risk, and create capacity to support their organizations’ strategic objectives.

See why leading companies like Western Union, Brown Advisory, and 60% of the Fortune 50 trust BlackLine for financial close automation, visibility, and control.

“In managing the close, it’s important that all the people we depend on have access to information—whether they’re in the office or halfway around the world. With a cloud-based solution people can log in anywhere, anytime.”

VP of Finance & Accounting

Modern accounting use cases for
banking and financial services institutions

Automate end-to-end daily
balancing of subledger
accounts and correcting
journal entries

Centralize and standardize distributed close tasks, controls, and journal entries

Centralize and
standardize distributed
close tasks, controls,
and policies

Reconcile transaction
processing systems to
the General Ledger and
other sources

BlackLine is the Leader in G2’s Financial Close Software Grid

Get the Report

See how banks and financial services organizations
are unlocking capacity in Accounting

Case Study

“We are auto-certifying 95%-98% of our 134,000 reconciliations. That is what modern finance is to me, being able to utilize technology to make the finance and accounting process more manageable and more efficient. There’s additional value in having the time to perform more analysis.”

Finance Manager

Case Study

“Because BlackLine is cloud-based, we’ve been able to leverage the platform from wherever our teams are working.”

Group Finance Director

CASE STUDY

Achieved 191% ROI with reduced staffing costs, improved productivity, and better transparency

“From a leadership perspective, the selling point for BlackLine was the global transparency between the local markets and the corporate controller’s organization. It also provides standardization, which was a key strategy for our center of excellence.”