The BlackLine Account Reconciliation product ensures the accuracy of financial data. Accountants can verify the accuracy of account balances across all balance sheet accounts by comparing data in two sources, investigate any discrepancies and make the required corrections.

The product can import data from Sage Intacct, provide templates to standardize the reconciliation process across the company. Segregation of duties and levels of review to enforce controls are provided, as is a document repository to store and safely archive supporting documentation. This feature presents clear visibility into the reconciliation to ensure timeliness in performing the close.

Automation saves time for the accounting organization, reduces risk of errors in financial reporting for the CFO and provides auditors with the means to assess the controls around the financial close.

Key Benefits:

Streamline the Reconciliation Process: BlackLine provides accountants with an intuitive interface for performing account reconciliations that includes standardized templates, workflows for preparation, approval and review, linkage to policies and procedures, and integrated storage of supporting documentation.

Dramatically Enhance Internal Controls: Account Reconciliations software removes the risk of the old world of paper-based, manual spreadsheets by maintaining proper segregation of duties, creating post-certification view-only records, automatically adding new ERP accounts, and gaining unprecedented visibility into accounting processes.

Standardize and Optimize Process: Enforce standardization across the reconciliation process to improve quality and accuracy of financial data. Modernizing the approach to defining the account reconciliation process reduces errors and inaccuracies so accountants focus on analysis, risk mitigation, and exception handling.

System Requirements:
To enable the integration, Sage Intacct users are NOT required to purchase: Sage Intacct Web Services - Developer License

Price:
Paid Application

Integration Approved Countries:
United Kingdom; United States;