BlackLine Systems suite of financial software applications automates the entire financial close process.
Spreadsheets can be full of hidden, costly mistakes. The BlackLine Financial Close Software Suite automates and virtually eliminates time-consuming, traditionally manual, spreadsheet-driven accounting processes for staff in finance and compliance departments in companies of all sizes.
The BlackLine suite includes modules for Balance Sheet Account Reconciliations, Task Management, Journal Entry, Transaction Matching, Variance Analysis and Consolidation Integrity Manager.
BlackLine software applications complement existing Enterprise Performance Management (EPM), Governance Risk and Compliance (GRC) and Enterprise Resource Planning (ERP) systems. BlackLine offers clients its enterprise-class software in a simple and secure OnDemand/SaaS platform.
BlackLine Systems, founded in 2001, is the first and most experienced provider of enterprise software designed to automate and control the entire financial close process. The first BlackLine module was developed when a client, First National Bank of Nebraska, asked BlackLine for help managing their account reconciliation process. Like many companies, they were using spreadsheets to manage thousands of reconciliations every month. In response, BlackLine developed and marketed the first commercially-available software designed specifically for tracking and completing balance sheet account reconciliations.
BlackLine Systems receives investment (finsmes.com)