monday.com |
| Description | BlackLine is a cloud-based platform for finance controls and automation throughout the organization. It comes with no messy acquisitions, no hybrid software or hardware combinations, and no expensive middlewares or upgrade costs. The tool helps organizations modernize their processes and obtain unprecedented visibility into finance and accounting. It streamlines accounting workflows, general ledger reconciliations, and other period-end processes. It enables the timely completion of financial and regulatory reporting and ensures simplified auditing. The accounting process automation solution is designed for organizations looking to innovate and optimize their record-to-report process. It provides tools that work in unison to help manage and execute the last mile of finance. The balance sheet integrity feature standardizes and automates the general ledger, credit card, cash, bank, and other operational reconciliations to streamline and control close cycles and ensure the integrity of the financial statements. It interfaces with the company’s core ERP system and manages all of the global complexity inherent to intercompany accounting. Read more | FloQast is a performance management platform developed for accountants, providing automated workflows for a streamlined and efficient business operation. The platform’s intuitive services and features are relied upon by numerous top companies like Ancestry, Los Angeles Lakers, Zoom, GrubHub, Yelp, etc. FloQast helps users accelerate accounting processes by offering a secure connection and seamless organizational features. Users can also collaborate and work as a unified virtual team on accounts, communicating throughout the process via comments, notes, and Slack messages. The platform delivers audit-ready capabilities enabling users to organize evidence-based documentation for quick support, review, and sign-offs. Moreover, with accounting automation users can increase workflow efficiency levels and deliver high-quality services in real-time. Also, centralizing workplace closing processes lets users clear responsibilities, tasks, and due dates from assignments effectively besides tracking their overall progress levels. Leveraging AI-powered automation, FloQast automatically reconciles multiple accounts, helping users auto-create excel reconciliations conveniently. It further offers seamless integration with ERPs like Oracle NetSuite, Saga Intacct Workday, and more. Read more |
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Streamlined Account Reconciliation Process, Improved Visibility and Transparency, Task Management Efficiency, Automation Capabilities ERP System Integration Issues, Occasional System Slowdowns/Performance Issues, Limited Mobile App Functionality, Complexity of Initial Setup/Configuration |
User-friendly Interface, Streamlined Close Process, Improved Team Collaboration, Extensive Integrations Slow System Performance, Limited Customization Options, Inflexible Rollover Functionality, Inadequate Mobile Optimization |
| Review Summary |
Reviewers commend Blackline's ability to streamline financial processes, improve accuracy, and enhance collaboration. They highlight the platform's user-friendly interface, comprehensive features, and robust reporting capabilities. Blackline is praised for its scalability, allowing businesses of all sizes to benefit from its functionalities. Additionally, reviewers appreciate the company's commitment to customer support, with many citing prompt and helpful responses. However, some users mention occasional technical glitches and a learning curve associated with implementing the software. Overall, reviewers agree that Blackline is a valuable tool for automating financial operations and increasing efficiency. |
FloQast, a cloud-based close management solution, has garnered positive feedback from users. Reviewers applaud its intuitive interface, ease of use, and ability to streamline the financial close process. The platform's automation features, real-time reporting, and integration capabilities are also highly regarded. However, some users have expressed concerns about occasional bugs, limited customization options, and the need for more robust budgeting and forecasting functionalities. Overall, FloQast is praised for its user-friendliness, efficiency, and contribution to improved financial accuracy and control. |
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BlackLine Custom |
FloQast Custom |
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| Company Details | Located in: Woodland Hills, California Founded in: 2001 | Located in: Los Angeles, California |
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+1.877.777.7750 |
+1 818-698-8262 |
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