High-volume reconciliations are the bane of the accounting team’s month-end close. From bank-to-GL reconciliations to intercompany transactions, matching the mountains of data manually wastes hours — and introduces costly errors.

If your team is still relying on Excel “rainbow spreadsheets” and repetitive ticking and tying, it’s time to rethink your process.

BlackLine’s Transaction Matching solution automates detail-heavy reconciliations so your team can shift focus from number crunching to exception handling — and finally reclaim hours from your close calendar.

The Hidden Cost of Manual Reconciliation

Many accounting teams are stuck in a cycle of inefficiency. Matching bank files to GL entries, reconciling suspense accounts, or tracking intercompany AR/AP is often a manual process involving spreadsheets, color-coding and burned-out staff.

Not only is this time-consuming, it also delays critical analysis and problem-solving. Instead of resolving exceptions before month-end, teams are buried in the mechanics of reconciliation —ironically, the very task that’s supposed to identify exceptions.

Automating the Match: How BlackLine Makes it Happen

BlackLine Transaction Matching transforms this process with a matching engine that automatically compares millions of records in minutes. Here’s how it works:

• Data files from banks, ERPs, and other sources are imported automatically.
• Smart matching rules are defined by the user—based on fields like dollar amount, check number, or date.
• The matching engine does the heavy lifting, identifying matches and surfacing only the exceptions.

The result? Your team stops chasing numbers and starts solving problems.

Real-world Results: 13 Hours Saved Every Month

One restaurant group with 150 locations used BlackLine to automate 99% of their GL detail matching and 96% of cash-to-GL matching — saving the team 13 hours each month.

A vacation rental marketplace uses it to reconcile over a million low-dollar, high-volume transactions each month, including taxes and merchant fees.

Zendesk cut its month-end close by two days, while an academic health science center saved 14 hours monthly and gained real-time visibility into unreconciled accounts.

Where Transaction Matching delivers the most value

BlackLine’s solution shines in a wide range of reconciliation scenarios, including:

• Bank, credit card, and cash accounts
• Intercompany transactions
• Suspense and clearing accounts
• Timecard and contractor invoice reconciliation
• Travel, gift card, and warranty claim matching
• Accruals, commissions, and unclaimed property

With flexible rule creation and continuous matching capabilities, teams can move away from the end-of-month scramble and toward a more controlled, efficient close.

A better close is possible

By automating reconciliation with BlackLine Transaction Matching, finance teams gain:

• Speed: Match millions of transactions in minutes
• Efficiency: Spend time on exceptions, not routine matching
• Visibility: See progress and issues in real time
• Control: Set rules, track outcomes, and manage with confidence

The bottom line? You don’t have to choose between speed and accuracy. With automation, you can have both — and give your team the time and clarity they need to focus on what matters most.

Learn how BlackLine helps teams match millions of transactions in minutes. Download Automating High Volume Transactions.