High-volume reconciliations can be some of the most time-consuming and painful components of the period-end close process. BlackLine Transaction Matching streamlines and automates detail-heavy reconciliations, such as bank reconciliations, credit card matching, intercompany reconciliations, and invoice-to-PO matching—all in one centralized workspace.
BlackLine Transaction Matching reconciles millions of transactions in minutes. Match any type of data from multiple data sources and identify matched and unmatched transactions rapidly. Stop the insanity of ticking and tying spreadsheets manually and refocus your efforts on investigating discrepancies.
Manage any accounting transaction types including Bank to General Ledger, Bank to Credit Card, Bank to Accounts Receivable, Received-Not Invoiced to Received-Invoice Received, Third-Party Invoices to Internal Records, Intercompany Transactions, and Investment Transactions.
When unmatched transactions are found, accountants can quickly and easily create reconciling items as part of a reconciliation and include a direct link to incorrect transactions within a correcting journal entry. Quickly identifying unmatched transactions decreases manual work and improves the quality of reporting.
BlackLine builds solutions that modernize the finance and accounting function to empower greater productivity and detect accounting errors before they become problems. BlackLine products work in unison to eliminate manual spreadsheet-dependent processes prone to human error. BlackLine Account Reconciliations automates and standardizes the reconciliation process, and natively integrates with other BlackLine products to help manage every element of reconciliations and the financial close. Streamlining account reconciliations helps ensure accurate and efficient accounting activities, free from manual, error-prone practices. BlackLine is the only provider that offers a unified cloud platform supporting the entire close-to-disclose process and the leader in Enhanced Finance Controls and Automation software. BlackLine enables clients to move away from out-of-date practices and help finance and accounting professionals work smarter, more efficiently, and accurately. Clients around the world use BlackLine. BlackLine’s cloud platform unifies the experience of more than 227,000 people around the world as they accurately, securely, and efficiently execute critical accounting tasks from reconciliations and journals to intercompany settlement and the financial close.