BlackLine Enhances AI Tools to Modernize Financial Operations

LOS ANGELES, May 08, 2025 — BlackLine, Inc. (Nasdaq: BL) has announced significant enhancements to its artificial intelligence (AI) platform, aiming to revolutionize financial operations. The company’s latest innovations integrate AI agents across key financial workflows, from record-to-report to invoice-to-cash, enabling Finance and Accounting (F&A) teams to operate with greater efficiency, accuracy, and compliance.

AI Designed for the CFO’s Office

BlackLine’s AI-driven solutions are built to augment human decision-making, not replace it. The platform now features:

• Accelerated Insights: AI agents transform raw financial data into executive-ready reports, highlighting trends for strategic action.
• Efficiency Gains: Automation reduces manual effort, such as generating financial statement commentary.
• Scalable Intelligence: AI detects anomalies across vast volumes of journal entries—capabilities beyond human scale.

Key AI Innovations

BlackLine’s expanded AI capabilities include:

BlackLine Platform

• Document Description Summarizer: Automatically condenses document contents to improve compliance.

Financial Close

• Journals Risk Analyzer: Flags anomalies and audit risks in journal entries.

Consolidation & Financial Analytics

• Variance Automation & Footnote Generator: Drafts explanations for financial fluctuations.
• Summarization Agents: Converts raw data into actionable insights.

Intercompany

• Predictive Guidance: Prevents transaction failures before ledger entry.

Invoice-to-Cash

• AR Payment Forecasting: Uses machine learning to predict customer payments for better cash flow management.

Upcoming AI Enhancements

BlackLine plans to roll out additional AI features soon:

• Matching Agents: Improves transaction matching accuracy.
• Variance Anomaly Detection: Identifies outliers in real-time.
• Remittance Processing: Extracts data without invoice templates.
• Summarization & Translation Agents: Enhances AR efficiency with multilingual support.

Leadership Perspective

Owen Ryan, Co-CEO and Chairman of BlackLine, emphasized the company’s commitment to trust and data integrity: "The Office of the CFO runs on trust. By ensuring data quality, we empower CFOs to lead with confidence."

Jeremy Ung, Chief Technology Officer, added: "Our AI goes beyond automation—it helps customers anticipate and act faster. Forrester’s recognition of our AR Intelligence underscores our leadership in this space."

About BlackLine

BlackLine (Nasdaq: BL) is a leading platform for the Office of the CFO, serving over 4,400 customers worldwide. Its solutions drive digital transformation through automation, AI, and real-time insights.

Contact: Samantha Darilek
VP, Corporate Communications
samantha.darilek@blackline.com