One major feature of BlackLine is its auto-certification rules for balance sheet reconciliations. The auto-certification rules allow the system to complete a balance sheet reconciliation for you, if it meets certain criteria.
BlackLine finds that on average clients use these rules to reconcile 58% of balance sheet reconciliations. These rules can significantly reduce the time it takes to complete your balance sheet reconciliations.
Watch this Quick Take video to see Adam Riskin demonstrate BlackLine’s auto-certification rules features in a few different scenarios.
Adam demonstrates examples of:
- The amortizable prepaid rule
- The zero balance rule
- The no activity rule