BlackLine
What is BlackLine?
BlackLine is an American enterprise software company that develops cloud-based accounting software. It helps businesses manage their quarterly financial reports, ensuring accuracy and efficiency in financial operations. By automating complex accounting processes, BlackLine enables finance teams to focus on strategic activities, ultimately driving better financial outcomes.
How much does BlackLine software cost?
Based on Vendr’s internal transaction data for BlackLine, the minimum price varies based on a company's specific needs. However, the maximum price for BlackLine software can reach up to $340,000. Our data reveals that the average cost for BlackLine software is about $77,000 annually.
Vendr community insights for BlackLine
Here are some recent insights from our community regarding BlackLine:
- "After a few attempts, we were able to reduce our renewal increase to 4% for 2 years. This took a bit of back and forth with the rep, but standing firm on our budget restraints helped."
- "Was able to secure a 6% discount by mentioning comp."
How can I get a percentage off list price for BlackLine?
We currently do not have average savings data for BlackLine. However, by leveraging our expertise from completing over 40,000 deals across 5,000 suppliers and $4B+ in software spend with an average savings of 11%, we will ensure you always pay the best and fairest price. Vendr customers typically achieve lower prices than those listed on BlackLine's official website by utilizing our extensive market insights and negotiation strategies.
How does Vendr help me get the best price on BlackLine?
Vendr uses insights from more than 30 unique purchasers and over 50 completed deals to help users get the best price on BlackLine software. Here’s how we do it:
- Economies of Scale: By bundling purchases, we achieve cost savings.
- Expected Growth: We leverage your company's growth projections to secure better pricing.
- Multi-Year Commitments: Longer commitments often result in lower prices.
- Quick Sales Process Signatures: Speeding up the sales process can lead to cost benefits.
- End-of-Quarter Signatures: Timing purchases at the end of a supplier's quarter can yield better deals.
- Case Study References: Offering to be a case study can sometimes result in price reductions.
By employing these tactics, Vendr ensures you get the lowest possible price on BlackLine software. Create a free Vendr account to start saving today.
What's the best way for me to get the best price for BlackLine on my own?
Vendr's Premium Intelligence provides deeper community insights, pricing benchmarks, contract analysis, stack savings review, and SaaS experts on demand, putting enterprise purchasing power into the hands of organizations that staff their own procurement teams. Here’s how:
- Pricing Benchmarks: Compare your pricing against industry standards.
- Community Insights: Access real-world experiences and strategies from other users.
- Stack Savings Review: Optimize your software stack for cost efficiency.
- Contract Analysis: Get expert reviews of your agreements to identify savings opportunities.
- SaaS Experts on Demand: Consult with experts to navigate complex purchasing decisions.
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Why do Department Heads prefer purchasing BlackLine through Vendr?
Vendr eliminates unnecessary sales calls, outdated channel partners, and long sales cycles. This paves the way for:
- Faster Access to Software: Get the tools you need without delay.
- Elimination of Unnecessary Sales Demos: Save time by skipping redundant presentations.
- Accelerated Time-to-Value: Start realizing the benefits of your software investment sooner.
- Budget Ownership: Maintain control over your department's spending.
- Adherence to Company Policy: Ensure all purchases comply with internal guidelines.
This translates into department heads maximizing software ROI and maintaining strong relationships with their finance and procurement teams.
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