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    Axson Engineering

    5.0 (1 review)
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    BlackLine - Working at BlackLine

    BlackLine

    (1 review)

    Woodland Hills

    My company implemented BlackLine Systems in September 2009. We began with the Accounts Module and…read morein short order, implemented the Tasks, Matching, and Consolidation Integrity Manager Modules. Below is a description of the efficiencies and benefits we received through this implementation. - Accounts Module. Through the use of sub ledger match and zero balance functionality, approximately 3,000 accounts are reconciled automatically. For example, revaluation accounts took 3-4 days to prepare and approve by 1 person prior to the BlackLine Implementation. Using the sub ledger match function, 800 revaluation reconciliations can be completed in 1/2 day by 1 person. - Task Module. The Task Module was implemented for SOX deliverables not tied to an Account Reconciliation, SOX review of journal entries, and activity checklists. This saved us many hours each quarter in obtaining signatures and photocopying Journal Entries and deliverables for the internal and external auditors. - Consolidation Module. The manual process to complete the ERP System to Consolidation System reconciliations of 175 company codes previously required 8 employees, 5 reams of paper, and 3 days. The BlackLine process requires 1 employee, no paper, and less than one day. In a typical month, 99% of accounts will automatically reconcile. - Matching Module. After implementation of the Matching Module, the Intercompany reconciliations were able to be completed at a transactional level rather than a balance level. This saved us valuable time finding the transactions that caused the out of balances rather than just identifying with accounts were out of balance. In addition, the Intercompany Reconciliations can be completed continuously throughout the month as opposed to month end only.

    From the owner: BlackLine provides accounting and finance teams with better visibility and control over the entire…read morefinancial close. Our Financial Close Suite replaces manual, error-prone, spreadsheet-based processes with automation, control and visibility. We help satisfy regulatory and compliance requirements. Our SaaS application is affordable, easy to implement and accessible anytime, anywhere. We change the way you close.

    Axson Engineering - marketing - Updated October 2026

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