Logo of BlackLine Intercompany Financial Management

BlackLine Intercompany Financial Management

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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 is perfect for large multinational corporations with complex intercompany transactions and multiple ERP systems. We find it particularly beneficial for companies focused on improving efficiency, accuracy, and tax compliance in their intercompany operations. With it's AI-powered guidance, it helps to reduce discrepancies and improve financial transparency between internal entities, saving time and resources.

  • Perfect for large enterprises (1001+ employees) seeking streamlined intercompany financial processes and automation.

  • Versatile solution suitable for businesses across diverse industries aiming to optimize intercompany transactions and compliance.


BlackLine Intercompany Financial Management features

Supported

Centralized Intercompany Data Management: Centralize data from multiple ERPs and view your intercompany activity in real time.

Supported

AI-Powered Predictive Guidance: Leverage AI-powered predictive guidance for continuous resolution.

Supported

Automated Deductions and Transfer Pricing: Substantiate deductions, enforce transfer pricing policies, and prepare for e-invoicing mandates.

Supported

Real-Time Intercompany Visibility: Gain a real-time, consolidated view of your intercompany activity across multiple ERPs.

Supported

Streamlined Intercompany Transactions: Create, balance, resolve, net, and settle intercompany transactions with ease.

Supported

E-Invoicing Mandate Preparedness: Prepare for e-invoicing mandates with ease.

Supported

Intercompany Create: This feature facilitates the creation of intercompany transactions efficiently.


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 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
  • Logo of BlackLine Financial Close Management
    BlackLine Financial Close Management
    Automates and streamlines the monthly financial close process.
    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. We find it helps improve accuracy, efficiency, and tax compliance by centralizing data, automating transactions, and providing real-time visibility into intercompany financial activity.

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

    BlackLine Intercompany Financial Management integrates with multiple ERP systems, providing a centralized platform for intercompany transactions. It also supports e-invoicing mandates, further enhancing its integration capabilities. We find this level of integration helps streamline financial processes.

  • What the main competitors of BlackLine Intercompany Financial Management?

    We find that FloQast, OneStream, Workiva, and BlackLine's own Invoice-to-Cash, Intercompany, and Financial Close Management solutions are all strong competitors to BlackLine Intercompany Financial Management. They each offer overlapping functionalities in financial automation, reporting, and close management.

  • Is BlackLine Intercompany Financial Management legit?

    Yes, BlackLine Intercompany Financial Management is a legitimate software solution. We find it's a widely used platform known for its robust features and focus on streamlining intercompany financial processes. It has positive ratings on G2 and significant website traffic growth.

  • How much does BlackLine Intercompany Financial Management cost?

    I'm sorry, but pricing information for BlackLine Intercompany Financial Management is not available. For a personalized quote, reaching out to BlackLine directly is recommended.

  • Is BlackLine Intercompany Financial Management customer service good?

    There are no customer service reviews available for BlackLine Intercompany Financial Management at this time. Therefore, we cannot comment on the quality of their customer service.


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.

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