BlackLine vs. Quick Consols Comparison


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Pay vendors online through bank transfers or credit/debit cards, even if they typically accept checks—Melio manages the manual work for you. Effortlessly integrate with QuickBooks and Xero to ensure your financial records stay current. With Melio, pay by bank transfer or card to extend cash flow and earn rewards. Adding vendor or bill details is a breeze—input them manually, upload files, or take a photo of invoices. Schedule payments to align with your cash flow, and let Melio handle the rest. International vendor payments are made easy by paying in their local currency for products and services your business needs. The Melio mobile app, available for iOS and Android, lets you monitor and manage payments anytime, giving you full control over your finances on the go. 2,212 Ratings Visit Website Banker's Dashboard Get anytime, anywhere access to your bank or credit union’s financial performance. 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About Designed entirely in the cloud from the ground up, BlackLine is the only unified technology solution built specifically for accounting and finance. No messy acquisitions, no disparate hybrid software-hardware combinations, and no expensive middleware or upgrade costs, just the world’s most trusted solution for Finance Controls and Automation. The simplicity and usability of BlackLine solutions are unique. Unlike some systems on the market today, BlackLine is not a Frankenstein patchwork of old software and hardware. Rather, it’s a comprehensive Finance Controls and Automation platform built on a single codebase and delivered securely via the cloud. Users enjoy a consistent experience with single sign-on and avoid constantly switching between multiple systems. Data is available between products within the platform as well, without having to be transferred between or through other systems.	About Quick Consols is a financial reporting tool for companies and groups that need monthly or annual consolidated accounts. Handles consolidation complexities for groups with multiple year ends, multiple currencies, different charts of accounts and ERP systems with a slice and dice approach to reporting. The app supports partial consolidations. Use our business unit function to create different views of your group, right down to cost centre or profit centre level. Our Analytics module creates visually rich graphs and charts with a slice and dice approach to seeing your consolidated numbers the way you want with a wide range of custom options. Use the financial statements module to prepare your statutory accounts, whether they're annual, half yearly or quarterly using our custom built templates no matter the underlying Accounting Standards you use. Quick Consols is high tech and high touch which means consultants available to assist with your implementation and support.
Platforms Supported Windows Not Supported Mac Not Supported Linux Not Supported Cloud Supported On-Premises Not Supported iPhone Not Supported iPad Not Supported Android Not Supported Chromebook Not Supported	Platforms Supported Windows Not Supported Mac Not Supported Linux Not Supported Cloud Supported On-Premises Supported iPhone Not Supported iPad Not Supported Android Not Supported Chromebook Not Supported
Audience Companies searching for a solution to manage and improve their accounting and finance operations	Audience Companies looking to automate their consolidation and financial statement function
Support Phone Support Supported 24/7 Live Support Supported Online Supported	Support Phone Support Not Supported 24/7 Live Support Not Supported Online Supported
API Offers API Not Supported	API Offers API Supported
Screenshots and Videos View more images or videos	Screenshots and Videos View more images or videos
Pricing No information available. Free Version Not Supported Free Trial Supported	Pricing $500/month Pricing is based on the size of your group and includes unlimited users and unlimited technical support. Free Version Not Supported Free Trial Not Supported
Reviews/Ratings Overall 0.0 / 5 ease 0.0 / 5 features 0.0 / 5 design 0.0 / 5 support 0.0 / 5 This software hasn't been reviewed yet. Be the first to provide a review: Review this Software	Reviews/Ratings Overall 4.9 / 5 ease 4.9 / 5 features 4.8 / 5 design 4.7 / 5 support 4.7 / 5 Read all reviews
	Pros & Cons from Real Users Pros Effective Financial Consolidation: Quick Consols excels in consolidating financial data into coherent income statements and balance sheet reports, making it vital for financial management. Multi-Currency Proficiency: The app efficiently handles transactions in multiple currencies, a crucial feature for businesses operating internationally. It ensures accuracy in financial reporting despite currency variations. Compatibility with Various ERP Systems: Quick Consols integrates seamlessly with different ERP systems, unifying scattered financial data into cohesive reports and reducing the likelihood of manual errors. Intuitive User Interface: The app boasts a user-friendly interface, simplifying navigation and report generation, thereby enhancing user experience. Time and Effort Efficiency: Automation of month-end processes by Quick Consols significantly reduces the time and effort required in financial reporting, freeing up the finance team to focus on strategic tasks. Reliability and Robustness: Quick Consols is described as a robust and reliable tool, essential for any finance team dealing with complex, multi-system financial data. Quick Consols is a brilliant and exceptional tool that helps us stay on top of our cash flow and it helps us manage vendor payments, client payments and optimize cash flow by easily scheduling payments. It has made financial management more easier, smooth and simple. It is more advanced and efficient. With its user-friendly design, automated data consolidation, and real-time updates, Quick Consols completely changed the way I approach financial reporting, saving me time and improving decision-making. By tracking accounts receivable and accounts payable, Quick Consols software helps us stay on top of our cash flow. We can monitor loan outstanding client payments, manage vendor payments, and optimize cash flow by scheduling payments strategically. I'm very impressed that I can easily generate accurate financial reports on the right time with Quick Consols. It's more advanced, easy-to-use and efficient. Quick Consols monthly subscription fee is affordable thus it's cost saving. Cons Learning Curve: For new users, especially those not familiar with financial consolidation tools, there might be an initial learning curve in understanding how to best utilize all the features of Quick Consols. Dependence on Data Quality: The effectiveness of Quick Consols, like any data consolidation tool, is heavily dependent on the quality of the input data. If the data from various ERP systems is not standardized or clean, it may affect the accuracy of the consolidated reports. Quick Consols does not support mobile application and it lacks a free trial version. Nothing much to mention as a dislike about it. While initial setup needed additional work, once adapted, it was a blessing. Although there weren't many modification choices, eventually offline work was possible. It was difficult to deploy it with our existing system. Quick Consols lacks a free trial version. Again, Quick Consols lacks a mobile app and I do suggest to see more improvements about this.
Training Documentation Supported Webinars Supported Live Online Supported In Person Supported	Training Documentation Not Supported Webinars Not Supported Live Online Supported In Person Supported
Company Information BlackLine Systems Founded: 2001 United States www.blackline.com	Company Information Quick Consols Founded: 2017 South Africa www.quickconsols.com
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Categories Accounting Supported Accounts Receivable Supported AR Automation Supported Debt Collection Supported Deduction Management Supported Financial Close Supported Financial Consolidation Supported Financial Management Supported Financial Reporting Supported Multi-Entity Accounting Supported Reconciliation Supported	Categories Business Performance Management Supported Finance Supported Financial Consolidation Supported Financial Management Supported Financial Reporting Supported
Financial Reporting Features "What If" Scenarios Not Supported Audit Trail Supported Balance Sheet Supported Cash Management Supported Consolidation / Roll-Up Supported Forecasting Supported General Ledger Supported Income Statements Supported Multi-Company Supported Multi-Department / Project Not Supported Profit / Loss Statement Supported Show More Features Accounting Features Accounts Payable Supported Accounts Receivable Supported Bank Reconciliation Supported Billing & Invoicing Supported Cash Management Supported CPA Firms Supported Cryptocurrency Support Not Supported Expense Tracking Not Supported Fixed Asset Management Supported Fund Accounting Supported General Ledger Supported Government Not Supported Multi-Currency Supported Nonprofits Supported Payroll Management Not Supported Project Accounting Not Supported Purchase Orders Supported Tax Management Supported	Financial Management Features Budgeting & Forecasting Not Supported Cash Management Not Supported Consolidation / Roll-Up Supported Currency Management Not Supported Financial Reporting Supported Investment Management Not Supported Project Management Not Supported Revenue Recognition Not Supported Risk Management Not Supported Tax Management Not Supported Financial Reporting Features "What If" Scenarios Not Supported Audit Trail Not Supported Balance Sheet Supported Cash Management Supported Consolidation / Roll-Up Supported Forecasting Not Supported General Ledger Not Supported Income Statements Supported Multi-Company Supported Multi-Department / Project Supported Profit / Loss Statement Supported Show More Features Business Performance Management Features Ad hoc Analysis Not Supported Ad Hoc Reports Not Supported Budgeting & Forecasting Not Supported Consolidation / Roll-Up Supported Dashboard Not Supported Key Performance Indicators Not Supported Predictive Analytics Not Supported Qualitative Analysis Not Supported Quantitative Analysis Not Supported Scorecarding Not Supported Strategic Planning Not Supported
Integrations Clarity Security Supported DataBlend Supported GUMU Supported Nakisa IWMS Supported QuickBooks Online Not Supported Xero Not Supported View All 4 Integrations	Integrations Clarity Security Not Supported DataBlend Not Supported GUMU Not Supported Nakisa IWMS Not Supported QuickBooks Online Supported Xero Supported View All 2 Integrations
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