More than 600 financial institutions trust BlackLine to deliver F&A transformation across the Office of the CFO.
The financial services industry is transforming as digital banking, fintech innovation, and evolving customer expectations reshape the landscape. Institutions are adopting new technologies and agile strategies to enhance customer experience and stay competitive.
Finance and accounting teams within financial institutions must also adapt. Navigating increasing regulatory requirements, managing risk, and responding to market volatility, they need technology that delivers enhanced visibility, strengthens compliance, and drives operational efficiency, allowing them to focus on strategic growth and long-term resilience.
Matching and reconciling massive volumes of transactional data manually is time consuming, tedious, and error-prone, especially if managed in spreadsheets. Our platform standardizes and automates your reconciliations with the ability to ingest, transform, and match high volumes of transaction-level data from multiple sources and file types, reducing the risk of process breakdowns and undetected financial statement errors and enabling teams to focus their time on anomalies, exceptions, and strategic activities.
Navigating complex regulatory and operational requirements across multiple jurisdictions is challenging due to evolving regulations, high transaction volumes, siloed systems, and strict audit demands. BlackLine’s AI-powered platform unifies data and teams, enhances accuracy, streamlines compliance processes, and delivers real-time visibility to reduce risk and improve efficiency. Our solutions even enable reconciliations to be performed at any frequency—not just month end.
Companies book thousands of journal entries per month, increasing the risks related to financial compliance, audit compliance and accurate decision making. BlackLine centralizes and standardizes journal entries across various ERPs, automating workflows from creation to posting, increasing efficiency and control. With AI-driven insights, our solution enhances visibility into the volume, timing, and nature of your journal entries, minimizing risk and maximizing intelligence.
The inability to proactively manage cross border transactions, internal cost allocations, and transfer pricing of intercompany flows across disconnected systems and data silos exposes organizations to audit and compliance risks and potential remediation penalties. Our AI-powered solutions help organizations create, balance, and settle intercompany transactions in an automated, centralized, and collaborative environment, delivering the visibility necessary to navigate the intercompany noise.
Efficient cash flow management is critical to business health. Our solution optimizes credit management and automates cash application, helping your teams reduce days sales outstanding (DSO), improve working capital, and maintain strong customer relationships.
Inaccurate financial data can be costly. With our platform’s anomaly detection capabilities, you can identify and resolve financial discrepancies quickly, ensuring accuracy in your financial reporting while reducing the risk of costly errors.