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Logo of BlackLine Intercompany Financial Management

BlackLine Intercompany Financial Management

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Last updated on

Company health

Employee growth
7% increase in the last year
Web traffic
54% increase in the last quarter
Financing
December 2023 - $820M

Ratings

G2
4.8/5
(2)
Glassdoor
3.2/5
(480)

BlackLine Intercompany Financial Management description

BlackLine Intercompany Financial Management helps businesses streamline financial transactions between different departments or subsidiaries. It automates intercompany accounting, invoicing, and payment processes to reduce errors and improve efficiency. The software provides tools to manage tax compliance, optimize working capital, and gain insights into intercompany financial data. BlackLine emphasizes reducing discrepancies and improving financial transparency between internal entities.


Who is BlackLine Intercompany Financial Management best for

BlackLine Intercompany Financial Management automates and streamlines complex intercompany transactions for multinational enterprises. It offers real-time visibility, tax compliance tools, and helps optimize working capital. Ideal for businesses with multiple ERP systems seeking to reduce discrepancies and improve financial transparency.

  • Best for medium to large enterprises (101+ employees) seeking streamlined intercompany accounting.

  • Suitable for businesses across all industries looking to improve intercompany financial management.


BlackLine Intercompany Financial Management features

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BlackLine centralizes intercompany data, providing real-time visibility and control over financial transactions.

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BlackLine leverages AI to offer predictive guidance, promoting continuous resolution of intercompany issues.

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The software automates deductions, enforces transfer pricing policies, and prepares for e-invoicing mandates.

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BlackLine offers a real-time consolidated view of intercompany activity across multiple ERPs.

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The software streamlines intercompany transactions, enabling easy creation, balancing, resolution, netting, and settlement.

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BlackLine helps businesses prepare for e-invoicing mandates.

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The Intercompany Create feature facilitates efficient creation of intercompany transactions.


BlackLine Intercompany Financial Management alternatives

  • Logo of FloQast
    FloQast
    Close faster, reconcile smarter, automate accounting.
    Read more
  • Logo of OneStream
    OneStream
    Unified finance platform for planning, reporting, and analysis.
    Read more
  • Logo of SpendHQ
    SpendHQ
    Uncover spending insights, optimize costs, and boost procurement value.
    Read more
  • Logo of BlackLine Invoice-to-Cash
    BlackLine Invoice-to-Cash
    Automates invoice-to-cash, boosts efficiency, and provides key financial insights.
    Read more
  • Logo of Workiva
    Workiva
    Connected reporting and compliance platform for streamlined data and teams.
    Read more
  • Logo of BlackLine Intercompany
    BlackLine Intercompany
    Automates internal accounting, preventing errors and speeding up closes.
    Read more

BlackLine Intercompany Financial Management FAQ

  • What is BlackLine Intercompany Financial Management and what does BlackLine Intercompany Financial Management do?

    BlackLine Intercompany Financial Management automates and streamlines intercompany accounting, invoicing, and payments. It offers real-time visibility into transactions, simplifies tax compliance, and optimizes working capital for multinational enterprises with complex intercompany processes. It also helps prepare for e-invoicing mandates.

  • How does BlackLine Intercompany Financial Management integrate with other tools?

    BlackLine Intercompany Financial Management integrates with multiple ERP systems to provide a consolidated financial view. It also supports e-invoicing mandates, suggesting integration with various e-invoicing platforms. More specific integration details are not readily available.

  • What the main competitors of BlackLine Intercompany Financial Management?

    Alternatives to BlackLine Intercompany Financial Management include FloQast, OneStream, and SpendHQ. Workiva and BlackLine's own Invoice-to-Cash and Intercompany solutions also offer overlapping functionalities for financial management. These competitors provide various solutions for accounting, reporting, and financial close processes.

  • Is BlackLine Intercompany Financial Management legit?

    BlackLine Intercompany Financial Management is a legitimate software solution. It automates and streamlines intercompany accounting processes, offering features such as real-time visibility and AI-powered guidance. G2 reviews rate it 4.8/5, suggesting user satisfaction with the software's capabilities.

  • How much does BlackLine Intercompany Financial Management cost?

    I cannot find pricing details for BlackLine Intercompany Financial Management. Contact the vendor directly to determine product pricing and whether it aligns with your budget. Consider exploring alternative intercompany financial management solutions with transparent pricing.

  • Is BlackLine Intercompany Financial Management customer service good?

    There are no customer service reviews available to determine if BlackLine Intercompany Financial Management's customer service is good or bad.


Reviewed by

MK
Michal Kaczor
CEO at Gralio

Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.

TT
Tymon Terlikiewicz
CTO at Gralio

Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.