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Software · head to head

BlackLine vs Empower

BlackLine logo

BlackLine

Software

Finance & accounting automation

From
$29/month
Rated
-
Full reviewWebsite
Empower logo

Empower

Software

All your finances. One app.

From
$29/month
Rated
-
Full reviewWebsite

The short version

  • Each has a real cost: BlackLine listed on UK G-Cloud 13 at £1,150 to £2,160 per user per year for the public sector, with no free trial offered, per BlackLine's Finance Operations Management Solution pricing document; Empower empower's managed advisory tiers require a minimum of $100,000 in investable assets for Personal Strategy and $1,000,000 for Private Client, with exact advisory fee percentages deferred to the Form ADV filing rather than published on the site.
  • They diverge on capability: BlackLine covers Account reconciliation, Empower covers Net worth tracking.

Where they differ

Only the attributes on which BlackLine and Empower actually diverge.

Attributes where BlackLine and Empower differ
AttributeBlackLineEmpower
Pricing modelsubscriptionfreemium
PlatformsWebWeb, Ios, Android
Founded20012009

Identical on both: starting price ($29/month), free tier (No), user rating (Not yet rated), category (Unknown).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in BlackLine

  • Account reconciliation
  • Journal entries
  • Task management
  • Variance analysis
  • Financial close
  • SAP
  • Oracle
  • NetSuite

Only in Empower

  • Net worth tracking
  • Investment tracking
  • Retirement planner
  • Cash flow
  • 401k fee analyzer
  • Bank connections
  • Brokerage accounts
  • SOC 2

Both cover

  • Web support

What people use each for

The jobs each tool is most often brought in to do.

BlackLine

  • Financial closenot Empower
  • Reconciliationnot Empower
  • Continuous accountingnot Empower

Empower

  • Wealth trackingnot BlackLine
  • Retirement planningnot BlackLine
  • Investment analysisnot BlackLine

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

BlackLine

  • Listed on UK G-Cloud 13 at £1,150 to £2,160 per user per year for the public sector, with no free trial offered, per BlackLine's Finance Operations Management Solution pricing document

Empower

  • Empower's managed advisory tiers require a minimum of $100,000 in investable assets for Personal Strategy and $1,000,000 for Private Client, with exact advisory fee percentages deferred to the Form ADV filing rather than published on the site.

Pricing, plan by plan

BlackLine

$29/month
  • EnterpriseFree
    • Custom pricing
    • Account reconciliation
    • Task management

Empower

$29/month
  • Free ToolsFree
    • Net worth tracking
    • Cash flow
    • Investment checkup
  • Wealth ManagementFree
    • 0.89% AUM fee
    • Dedicated advisor
    • Tax optimization

Which should you pick?

Choose BlackLine if

  • You need account reconciliation.
  • You also want journal entries.
BlackLine review

Choose Empower if

  • You need net worth tracking.
  • You work on Web, Ios, Android.
  • You also want investment tracking.
Empower review

Questions people ask

Is BlackLine or Empower better?
Neither clearly leads. BlackLine starts at $29/month and Empower at $29/month, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, BlackLine or Empower?
BlackLine starts at $29/month and Empower at $29/month.
Does BlackLine or Empower run on more platforms?
BlackLine runs on Web. Empower runs on Web, Ios, Android.
What is BlackLine best used for?
BlackLine is most often used for financial close, reconciliation, continuous accounting. Of those, financial close and reconciliation are not what Empower is typically brought in for.
What can BlackLine do that Empower cannot?
BlackLine covers Account reconciliation, Journal entries, Task management, Variance analysis. Empower covers Net worth tracking, Investment tracking, Retirement planner, Cash flow. Both handle Web support.
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