BlackLine expands AI capabilities for enhanced financial operations, driving efficiency and transforming data into actionable insights.
Quiver AI Summary
BlackLine, Inc. announced the expansion of its artificial intelligence capabilities aimed at transforming financial operations. With AI integrated into major workflows such as record-to-report and invoice-to-cash, BlackLine helps Finance and Accounting teams improve decision-making, reduce risks, and access real-time financial insights. The company's AI innovations focus on enhancing human decision-making while ensuring data integrity and compliance. BlackLine's AI tools facilitate various tasks, such as anomaly detection and generating financial reports, aiming to empower CFOs with reliable data. Upcoming enhancements to their AI offerings are also planned, reinforcing BlackLine's commitment to driving autonomous finance solutions for companies worldwide.
Potential Positives
- BlackLine has significantly expanded its AI capabilities, embedding AI across all major financial workflows, which enhances efficiency and decision-making for Finance and Accounting teams.
- The integration of advanced AI agents allows BlackLine customers to achieve faster insights, automate complex processes, and enhance data accuracy, driving strategic decision-making.
- Forrester's recognition of BlackLine's AR Intelligence in its Top AI Use Cases for AR Automation in 2025 report underscores the effectiveness and innovation of BlackLine's technology.
- With over 4,400 customers relying on its platform, BlackLine demonstrates a strong market presence and commitment to continuous innovation in financial operations.
Potential Negatives
- Integration of advanced AI capabilities may raise concerns about job displacement among employees, particularly in Finance and Accounting positions.
- Dependence on AI technology may lead to vulnerabilities if the algorithms fail or produce inaccurate results, potentially jeopardizing financial decision-making.
- Challenges around data privacy and compliance with regulations could arise from increased reliance on automated systems, leading to potential legal or reputational risks.
FAQ
What are BlackLine's new AI capabilities?
BlackLine has expanded its AI capabilities, integrating new agents to enhance financial operations and improve risk management and decision-making.
How does BlackLine's AI support financial operations?
The AI is embedded in workflows like record-to-report and invoice-to-cash, helping automate processes and deliver real-time insights.
What benefits does BlackLine's AI offer to CFOs?
BlackLine's AI helps CFOs make better decisions faster by ensuring data integrity and providing actionable insights from financial data.
How do AI agents enhance financial reporting?
AI agents transform raw data into executive-ready reports, highlight trends, and create automated commentary, improving overall reporting efficiency.
What future enhancements are planned for BlackLine's AI?
Upcoming enhancements include matching agents, anomaly detection, remittance processing, and AI-driven summarization and translation features.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$BL Insider Trading Activity
$BL insiders have traded $BL stock on the open market 7 times in the past 6 months. Of those trades, 0 have been purchases and 7 have been sales.
Here’s a breakdown of recent trading of $BL stock by insiders over the last 6 months:
- KAROLE MORGAN-PRAGER (CHIEF LEGAL AND ADMINISTRATIVE) has made 0 purchases and 2 sales selling 50,181 shares for an estimated $3,035,761.
- MARK WOODHAMS (Chief Revenue Officer) has made 0 purchases and 3 sales selling 33,496 shares for an estimated $2,021,292.
- MIKA YAMAMOTO has made 0 purchases and 2 sales selling 3,220 shares for an estimated $199,901.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$BL Hedge Fund Activity
We have seen 148 institutional investors add shares of $BL stock to their portfolio, and 156 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- AMERICAN CENTURY COMPANIES INC added 889,570 shares (+12538.0%) to their portfolio in Q4 2024, for an estimated $54,050,273
- HAWK RIDGE CAPITAL MANAGEMENT LP removed 871,408 shares (-49.9%) from their portfolio in Q4 2024, for an estimated $52,946,750
- BROWN ADVISORY INC removed 777,371 shares (-99.2%) from their portfolio in Q1 2025, for an estimated $37,640,303
- FMR LLC removed 691,744 shares (-13.4%) from their portfolio in Q4 2024, for an estimated $42,030,365
- ENGAGED CAPITAL LLC removed 609,713 shares (-100.0%) from their portfolio in Q4 2024, for an estimated $37,046,161
- WESTWOOD HOLDINGS GROUP INC added 574,848 shares (+inf%) to their portfolio in Q4 2024, for an estimated $34,927,764
- MORGAN STANLEY added 421,163 shares (+52.9%) to their portfolio in Q4 2024, for an estimated $25,589,863
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$BL Analyst Ratings
Wall Street analysts have issued reports on $BL in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Morgan Stanley issued a "Overweight" rating on 04/16/2025
To track analyst ratings and price targets for $BL, check out Quiver Quantitative's $BL forecast page.
$BL Price Targets
Multiple analysts have issued price targets for $BL recently. We have seen 2 analysts offer price targets for $BL in the last 6 months, with a median target of $57.5.
Here are some recent targets:
- Brent Bracelin from Piper Sandler set a target price of $50.0 on 05/07/2025
- Chris Quintero from Morgan Stanley set a target price of $65.0 on 04/16/2025
Full Release
LOS ANGELES, May 08, 2025 (GLOBE NEWSWIRE) -- BlackLine, Inc . (Nasdaq: BL) today announced the continued expansion of its artificial intelligence (AI) capabilities, including new agents, delivering on its vision to power future-ready financial operations. With AI now embedded across every major financial workflow—from record-to-report to invoice-to-cash —BlackLine enables Finance and Accounting (F&A) teams to reduce risk, accelerate decision-making, and gain real-time financial intelligence at scale.
Grounded in principles of accuracy, efficiency, and intelligence, BlackLine’s AI innovations are designed to enhance, not replace, critical human decision-making while delivering measurable outcomes in speed, accuracy, and compliance.
“For more than 20 years, BlackLine has been the trusted innovation partner for the Office of the CFO,” said Owen Ryan, Co-CEO and Chairman of the Board at BlackLine. “Our differentiated AI approach helps customers accelerate time to value and make smarter decisions - without compromising data integrity. The Office of the CFO runs on trust, and trust begins with clean, reliable data. By ensuring data quality at the source, we empower CFOs to lead with speed, precision, and confidence.”
AI Designed for the Office of the CFO
BlackLine’s expanded AI capabilities, including AI agents, are natively integrated into the BlackLine platform, delivering automation and intelligence across key processes in the record-to-report and invoice-to-cash cycles.
BlackLine customers are already realizing AI-driven value across every phase of their financial journey:
- Accelerate Time to Value : AI agents transform raw financial data into executive-ready insights, instantly generating reports and highlighting key trends to drive strategic action.
- Accomplish More with Less : Agentic AI reduces manual effort and drives high-value outcomes, such as automated financial statement commentary.
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Do What Humans Cannot Do
: BlackLine AI is built to navigate today’s complex financial ecosystems—delivering capabilities beyond human scale, including anomaly detection across massive volumes of journal entries.
AI-Powered Innovation Across the BlackLine Platform
BlackLine’s AI and agentic experiences build on our proven automation and workflow foundation to address Finance & Accounting challenges across Record-to-Report and Invoice-to-Cash functions:
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Blackline Platform
- Document Description Summarizer: Automatically summarizes document contents to improve support and reduce compliance gaps.
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Financial Close
- Journals Risk Analyser: Detects anomalies in journal entries and highlights potential audit risks.
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Consolidation & Financial Analytics:
- Variance Automation & Footnote Generator: Creates first-draft explanations for fluctuations and reporting footnotes.
- Summarization Agents: effortlessly summarize financial statements and turn raw financial data into actionable insights for F&A teams.
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Intercompany
- Intercompany Predictive Guidance: Prevents intercompany transaction failures before they reach the ledger.
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Invoice-to-Cash
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AR Payment Forecasting: Utilizes machine learning to precisely forecast customer payment behavior for improved cash flow accuracy.
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AR Payment Forecasting: Utilizes machine learning to precisely forecast customer payment behavior for improved cash flow accuracy.
“Our vision is to bring autonomous finance to every company in the world,” said Jeremy Ung, BlackLine's Chief Technology Officer. “We’ve built agentic AI that goes beyond automation—empowering customers to anticipate, decide, and act faster. Data is the new currency, and trusted insights are everything. With transparency, control, and auditability at the core, our AI delivers intelligence at scale. We believe Forrester’s recent recognition of our AR Intelligence in their Top AI Use Cases for AR Automation in 2025 report 1 affirms the strength of our approach.”
What’s Next: Upcoming Agentic AI Enhancements
BlackLine continues to invest in its portfolio of AI and agentic AI experiences that will become available in the coming months:
- Matching Agents: Accelerates time-to-value, enhances accuracy and transparency in transaction matching by suggesting new, and improving existing, pass rules
- Variance Anomaly Detection Agent : Automatically detects variances and outliers in real-time and suggests variance explanations
- Remittance Processing: Extracts remittance data with no invoice template setup, enabling seamless cash application.
- Summarization & Translation Agents: Enhances AR efficiency with AI-generated summaries and multilingual translation.
To learn more about BlackLine’s AI capabilities and how they support future-ready financial operations, visit https://www.blackline.com/why-blackline/blackline-ai/ .
About BlackLine
BlackLine (Nasdaq: BL), the future-ready platform for the Office of the CFO, drives digital finance transformation by empowering organizations with accurate, efficient, and intelligent financial operations.
BlackLine’s comprehensive platform addresses mission-critical processes, including record-to-report and invoice-to-cash, enabling unified and accurate data, streamlined and optimized processes, and real-time insight through visibility, automation, and AI. BlackLine’s proven, collaborative approach ensures continuous transformation, delivering immediate impact and sustained value. With a proven track record of innovation, industry-leading R&D investment, and world-class security practices, more than 4,400 customers across multiple industries partner with BlackLine to lead their organizations into the future.
For more information, please visit blackline.com .
Contact:
Samantha Darilek
VP, Corporate Communications
[email protected]