Black Line

Black line
About BlackLine Since its founding in 2001, BlackLine has become a leading provider of cloud software that automates and controls financial close and accounting processes.
What is BlackLine in SAP?
BlackLine is part of your SAP financial mission control center. Our solutions complement SAP software as part of an end-to-end offering for Finance & Accounting. BlackLine solutions address the traditional manual processes that are performed by accountants outside the ERP, often in spreadsheets.
What is BlackLine solutions?
BlackLine provides solutions to manage and automate financial close, accounts receivable and intercompany accounting processes, helping large enterprises and midsize companies across all industries do accounting work better, faster and with more control.
Where is the BlackLine located?
Type | Public |
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Founded | 2001 |
Headquarters | Woodland Hills, Los Angeles, California |
Key people | Therese Tucker, Founder Marc Huffman, CEO Mark Partin, CFO |
Products | Financial software |
What is BlackLine 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. BlackLine.
What does BlackLine mean in accounting?
In a nutshell, BlackLine replaces the common practices of spreadsheet documentation and manual procedures for many key accounting processes. As mentioned above, BlackLine solutions contain various products, with the most common being account reconciliation and journal entry documentation.
What does BlackLine vs Redline mean?
Blackline vs. Redline. Red line referred to the original copy that had the red marks. Once the document was copied by the copy machine, it was called blackline, since the lines were now black instead of red.
How do I access BlackLine?
THROUGH DIRECT LOGIN TO THE BLACKLINE COMMUNITY Enter your username (your work email address) followed by . bl (e.g., betty.blackline@work.com.bl) Enter your password.
How do I extract data from a BlackLine?
Hover over the visualization you would like to get data from until you see the different option icons appear at the top of the visual. Select the ellipses icon at the far right, and select export data from the dropdown list. You can choose to export the data as an . xlsx file for Microsoft Excel, or as a .
How many companies use BlackLine?
Company | Lenovo Group Ltd |
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Company Size | >10000 |
Who are black lines competitors?
BlackLine alternatives and competitors
- Cadency. 294 comparisons.
- FloQast. 163 comparisons.
- Fiserv Frontier Reconciliation. 128 comparisons.
- ReconArt. 71 comparisons.
- Redwood Software - Finance Automation Edition. 32 comparisons.
- Fiserv Accurate Reconciliation. 29 comparisons.
- Oracle Enterprise Performance Management Cloud. ...
- Adra.
Is BlackLine a good company?
BlackLine is a great company that offers competitive salaries and benefits with flexible works schedules. BlackLine is and industry leader which continues to improve their software products and continues to grow in market share.
Who owns BlackLine?
Who owns Blackline? Blackline (NASDAQ: BL) is owned by 99.99% institutional shareholders, 72.16% Blackline insiders, and 0.00% retail investors. Slta Sumeru GP LLC is the largest individual Blackline shareholder, owning 23.18M shares representing 38.77% of the company.
Is BlackLine public?
Where is BlackLine's stock listed and what is the ticker symbol? The stock trades on The NASDAQ Global Select Market under the symbol “BL.”
What industry is BlackLine?
BlackLine is a high-growth, Software-as-a-Service business that is transforming and modernizing the way finance and accounting departments operate.
What is variance analysis in BlackLine?
BlackLine Variance Analysis automates the calculation and identification of account balance and activity fluctuations. This enables continuous monitoring for risk, ensuring the effective and timely execution of critical management review controls and supporting agile decision-making.
What is transaction matching in BlackLine?
BlackLine Transaction Matching modernizes high-volume reconciliations by unifying data in the cloud and applying business rules to automatically match transactions and flag exceptions—saving time and reducing risk.
What are the BlackLine modules?
BlackLine modules
- Task Management.
- Journal Entry.
- Transaction Matching.
- Account Reconciliation.
- Smart Close.
- Cash Application.
- AR Intelligence.
- Intercompany Hub.
What does in the black mean in business terms?
A business that is “in the black” is usually making a profit or, at the very least, making enough to get by without having to worry about going bankrupt. Conversely, the phrase, “in the red” means to be in debt, running a deficit, or generally just not making money—being cash negative.
What does in the black mean in finance?
Credits and profits were written in black ink, while red ink noted debits, debts, and other financial losses. Red is a harsh color that stands out. Being in the black is a positive thing because it means you have more money or more income than expenses or debt.
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