BlackLine automates financial close, account reconciliation, and intercompany accounting. See features, pricing notes, pros, cons, and FAQs.
BlackLine, Inc. (NASDAQ: BL) is a publicly traded software company founded in 2001 by Therese Tucker and headquartered in Woodland Hills, California.
BlackLine completed its initial public offering on October 27, 2016, and began trading on the Nasdaq Global Select Market under the ticker symbol BL, and the company employs approximately 1,900 people as of 2025.
BlackLine positions its platform as software for the 'Office of the CFO,' automating and controlling the financial close, account reconciliation, intercompany accounting, and invoice-to-cash processes for corporate accounting and finance departments.
Financial Close Management automates and standardizes the month-end and year-end close process with task management, close calendars, and status reporting, while Account Reconciliations automates the matching and reconciling of balance sheet accounts.
Transaction Matching automatically matches high-volume transactions such as bank statements and credit card records, and the Intercompany Hub manages and automates intercompany accounting and settlement across a company's legal entities.
BlackLine's Invoice-to-Cash solutions automate accounts receivable and cash application, and the platform is built to integrate with ERP systems such as SAP, Oracle, and Microsoft Dynamics rather than replace them, acting as a control and automation layer on top of the general ledger.
BlackLine does not publish public pricing; the company sells primarily to mid-market and large enterprise finance organizations through a direct sales process.
Third-party estimates suggest typical enterprise deployments range from roughly 50,000 dollars per year for smaller implementations to several hundred thousand dollars per year for large, multi-module deployments, though BlackLine itself does not confirm specific figures.
Final cost depends heavily on the number of users, the modules licensed, such as Account Reconciliations, Transaction Matching, or Intercompany Hub, and transaction volume, so prospective customers typically request a custom quote.
BlackLine is used to automate the financial close process, account reconciliation, intercompany accounting, and invoice-to-cash for accounting and finance departments.
BlackLine was founded in 2001 by Therese Tucker, who has served as CEO and later co-CEO.
Yes, BlackLine trades on the Nasdaq Global Select Market under the ticker symbol BL, following its IPO in October 2016.
BlackLine does not publish public pricing; costs depend on the modules licensed, number of users, and transaction volume, and require a custom quote.
Account Reconciliations is a BlackLine module that automates the matching and reconciling of balance sheet accounts.
No, BlackLine is designed to integrate with existing ERP systems such as SAP, Oracle, and Microsoft Dynamics rather than replace them.
BlackLine primarily serves mid-market and large enterprise finance and accounting organizations.
BlackLine's main competitors include Trintech, FloQast, and financial close modules within larger ERP suites.