Finally. A business -owned and transparent consolidation solution.
Seamlessly connect data, automate consolidation adjustments, and harness AI to pinpoint financial drivers—all with a fully configurable solution.
The value of harmonized consolidation
Consolidation features
Automate key consolidation activities like intercompany eliminations, top-side adjustments, and currency translation. Easily manage consolidation methods and exchange rates without IT or customization. Built for flexibility and low maintenance, teams can stay aligned with changing ownership and reporting needs while scaling with confidence.
Gain complete transparency and control with role-based access controls, real-time tracking of every adjustment, and a comprehensive audit trail. Whether posting adjustments to the ledger or keeping them at the group level, every step—from consolidation methods to post-close adjustments—is fully documented and traceable.
Harmonize data, activities, and teams across close, consolidation, and reporting. Drill down into entity-level transactional details and variance commentary for real-time financial insights throughout your process. Unlock rapid insights with AI to quickly identify and review critical insights, empowering you to understand, investigate, and communicate the story behind your financials.
AI Finance & Accounting Can Trust
Go beyond generic AI. Verity AI is built on 20+ years of deep finance and accounting process knowledge and a foundation of trusted data with an essential control layer. It understands your complex workflows, delivering AI that teams can finally trust. Empower your team to become strategic advisors.
Additional resources
Frequently asked questions
Financial consolidation is the process of combining financial data from multiple entities into a single set of statements for accurate group-level reporting. It’s a critical activity for finance and accounting organizations and ensures compliance, eliminates errors, and provides a clear financial picture for stakeholders.
BlackLine automates data collection, intercompany eliminations, currency translation, and financial statement generation—reducing manual effort, improving accuracy, and accelerating the close.
Yes, BlackLine automates close and consolidation activities from balance substantiation through consolidation. BlackLine users can generate their financial statements including balance sheets, income statements, and statements of cash flows.
Yes, BlackLine delivers real-time statement generation and insights with drill-down capabilities, allowing finance teams to analyze consolidated data at both the entity and group levels. Learn more about our Reporting & Analysis solutions.
BlackLine is ERP agnostic, integrating seamlessly with multiple ERP environments, and uses advanced and configurable account mapping to streamline data consolidation from diverse sources while managing ownership structures, currency conversions, and intercompany eliminations.
BlackLine provides control at every step including automated workflows, role-based access controls, audit trails, and validations to ensure data accuracy, compliance, and full transparency in the consolidation process.
BlackLine applies standardized accounting rules, configurable reporting frameworks, and automated adjustments to align with IFRS, GAAP, and other global regulations and standards.
BlackLine goes beyond traditional consolidation by addressing the entire record-to-report process, not just the end result. Our cloud-based Studio360 platform connects, automates, and controls activities across your financial operations from a single, intuitive hub. By starting earlier in the close process, before consolidation, BlackLine ensures upstream accuracy that drives efficiency and confidence in downstream reporting. With AI-enabled risk detection and real-time insights, BlackLine empowers teams to move faster, reduce errors, and eliminate reliance on spreadsheets and legacy systems, all within a unified, future-ready solution.