Transaction Matching: turn mountains of data into matched, verified transactions.
Get an efficiency and accuracy engine that frees you to focus on what really matters. With Transaction Matching, you’ll ingest detailed data from multiple sources, automatically match transactions without error-prone manual handling, and use logic to automatically identify repeat exceptions.
Still using spreadsheets to match millions of transactions?
Reconciling thousands, or even millions, of transactions between data sources can be overwhelming. Accounting teams spend time downloading data from source systems, aggregating details in spreadsheets, and using complex formulas, v-lookups, or color coding to match and reconcile. It’s simply not sustainable.
BlackLine Transaction Matching modernizes high-volume reconciliations by unifying data in the cloud and applying business rules to automatically match transactions and flag exceptions—saving time and reducing risk. Seamlessly connect your record-to-report processes by using your data to automatically create journal entries and reconciling items on your account reconciliations.
AI Finance & Accounting Can Trust
Go beyond generic AI. Verity AI is built on 20+ years of deep finance and accounting process knowledge and a foundation of trusted data with an essential control layer. It understands your complex workflows, delivering AI that teams can finally trust. Empower your team to become strategic advisors.
The value of Transaction Matching
70%
99.9%
379%
Transaction Matching features
Spend less time matching transactions and more time on critical work like reviewing open items and exception handling. Automate the matching of millions of transactions in minutes, including complex scenarios like one-to-many and many-to-many relationships. From bank reconciliations to invoice-to-PO matching, BlackLine’s configurable rules handle even the most complex matching scenarios.
Proactively mitigate risks and avoid human error with configurable rules that add consistency and rigor to matching. Automate your workflow and drive standardization—and user control—at scale. Exceptions are automatically flagged and matches are suggested to users for review. Users can quickly create reconciling items as part of an account reconciliation. With real-time matching and validation, BlackLine ensures accurate and timely reconciliations, improving financial reporting and audit readiness.
Gain visibility into matching status, including recommended matches and identified exceptions across your entire organization. Track every transaction with real-time dashboards to review matching status, unreconciled and open items, and access a detailed audit trail. Enable end-to-end automation in the financial close. Transaction Matching is fully integrated with other BlackLine Financial Close solutions like Account Reconciliations and Journal Entry.
Additional resources
Frequently asked questions
Transaction matching is the process of verifying general ledger transactions against their source to ensure the accuracy and integrity of account balances.
Transaction Matching automates the matching of transactions and flagging exceptions, saving time and reducing risk.
Exceptions occur when transactions don’t match as expected. Transaction Matching automates the identification of these exceptions, allowing finance teams to focus on resolving anomalies.
Account Reconciliation automates and standardizes the reconciliation process, ensuring that account balances are accurate and compliant with financial regulations.
Account Reconciliation increases efficiency, reduces the risk of errors, and provides a detailed audit trail, making it easier to manage financial close processes and prepare for audits.