Amplify analysis when you automate calculations.

Optimize capacity, control, and value by automating your calculation processes.

Ultimately, BlackLine is doing all the calculation for us—systematically, driven by rules—and the manual process is now removed. We have a scalable function that is not only automated, but it has controls and it is efficient.

BlackLine Customer - James Hardie

The Importance of Calculation Processes

While many accounting activities are black and white, certain processes require accountants to exercise judgment. They offer an opportunity to provide substantial value beyond numerical outputs—critically assessing the underlying models, scrutinizing the assumptions that drive them, comparing the results to historical data, and identifying trends within the dataset.

Common calculations performed by F&A teams include:

Allowance for bad debt

Payroll accruals

Revenue Allocations

Expense allocations

Inventory obsolescence

Rebate receivable/payable


Why Manual Calculations Are Unsustainable

The biggest downfall of manual calculation processes is the substantial time and resources required to reach the final calculation and the opportunity cost associated with this investment of time.

Manual Processes

Are you performing the following calculation activities manually?

Aggregating data from multiple sources into Excel

Formatting and updating spreadsheet formulas

Performing complex calculations full of vlookups, concatenations, and exception-based outliers

Risks & Challenges

Manual calculation processes have downstream effects that carry risk and pose additional challenges:

Incomplete data or data entry mistakes

Formula errors and other spreadsheet risk including review oversight

Misstated financial information


What BlackLine Brings to Processes with Calculations

BlackLine’s unified financial close platform reduces risk and enhances the accuracy of calculated data by automating manual tasks and significantly reducing the time spent on calculations. BlackLine empowers F&A teams to deliver value through insightful analysis with the additional capacity gained when you automate the following activities within your calculation processes:

Import transaction data from your GL and other data sources into BlackLine

Apply consistency in calculations using predefined, flexible rules

Perform required sub-calculations, such as percentage application, required in the overall calculations process

Compare multiple data sets for purposes like recording the net change

Automate adjustments or standard journal entries within the process

Link adjustments to the face of the related account reconciliation

Want to see step-by-step calculation process examples from your peers?