BlackLine Variance Analysis
Continuously monitor for risk with automated fluctuation analysis
BlackLine Variance Analysis automates the calculation and identification of account balance and activity fluctuations to enable continuous monitoring for risk, ensure the effective and timely execution of critical management review controls, and support agile decision making.
Discover Discrepancies Quickly
Configurable variance rules and workflows quickly and accurately detect material fluctuations and electronically route issues to the appropriate control owners, so teams can focus on issue resolution, rather than manual, non-value adding tasks.
Improve Data Integrity
BlackLine integrates with your ERPs and multiple source systems, automatically importing GL balances on a scheduled basis to ensure the accuracy and reliability of your decision support data. And because teams have one view into current data across the enterprise, the right decisions are made on the right information.
Real-time dashboards and reports provide a complete view into the status of every fluctuation analysis. And with the policy, purpose, and procedure displayed on the face of each identified variance, owners have a common understanding of the purpose of each review, the risks they are intended to detect, and the supporting documentation required to execute each control.
“BlackLine has enabled us to very quickly standardize and improve the control environment, eliminate redundancies, and implement best practices across the entire organization.”
- Gretchen Sikora, Senior Finance Leader at Dun & Bradstreet