High-volume reconciliation can be one of the most painful parts of the financial close. The need to tick-and-tie millions of individual transactions can occupy hundreds of hours each month. The BlackLine Transaction Matching product streamlines and automates detail-heavy reconciliations: bank reconciliations, credit card matching, and invoice-to-PO matching. It has a state-of-the-art matching engine with pass rules designed by business users to meet their specific challenges. When unmatched transactions are found, Finance & Accounting creates reconciling items as part of an Account Reconciliation and includes a direct link to incorrect transactions within a correcting Journal Entry. This is made possible by the integration of the Transaction Matching product with BlackLine’s Account Reconciliation product, making operations smoother.

Key Benefits:
Match Data Faster: BlackLine Transaction Matching reconciles millions of transactions in minutes. Match and type of data from multiple data sources and identify matched and unmatched transactions rapidly. Stop the insanity of ticking and tying spreadsheets manually and refocus your efforts on investigating discrepancies.

Manage Many and Any Transaction Type: Manage any accounting transaction types including Bank to General Ledger, Bank to Credit Card, Received, Not Invoiced to Received, Invoice Received, Intercompany Transactions, Investment Transactional Matches, Bank to Accounts Receivable, and Third-Party Invoices to Internal Records.

Identify Unmatched Transactions Rapidly: When unmatched transactions are found, accountants can quickly and easily create reconciling items as part of a reconciliation and include a direct link to incorrect transactions within a correcting journal entry. Quickly Identifying unmatched transactions decreases manual work and improves the quality of reporting.

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;