Thursday, April 11, 2024

BlackLine Joins AI Bandwagon

Los Angeles-based accounting software developer BlackLine announced a new, AI-powered feature, joining the trend of companies adopting AI in their software. According to BlackLine, its new product, Journals Risk Analyser, uses generative AI to "provide key trends, insights, and anomaly detection associated with journal entries". The company said the feature is part of a strategy to "embed AI across its entire platform of financial close, intercompany accounting, invoice-to-cash, and consolidation solutions."