In today’s world, your accounting team may be spending significant time in status meetings or on emails regarding updates on balance sheet reconciliations. BlackLine has the power to change that. With BlackLine, you can easily run a report and instantly see which reconciliations are complete and which ones are not.
Watch this Quick Take video to see Adam Riskin demonstrate BlackLine’s workflow capabilities for balance sheet reconciliations.
You’ll see Adam demonstrate how BlackLine:
- Allows you to assign a preparer, an approver, and a reviewer to each reconciliation
- Lets you set the frequency of each reconciliation
- Keeps an audit trail of each user that signed off on the reconciliation and the date they approved the reconciliation
Many companies currently track this information in Excel spreadsheets. That approach is tedious, time-consuming and can be error-prone. Instead, BlackLine delivers workflow, controls for managing workflow, automation, and more.