Softwr

Accounting · head to head

BlackLine vs Fiken

BlackLine logo

BlackLine

Accounting

Close automation that sits on top of your ERP, covering reconciliations, journals and close task control

From
$29/month
Rated
-
Fiken logo

Fiken

Accounting

Norwegian accounting software for sole proprietors and small companies

From
219/month
Rated
-

The short version

  • Each has a real cost: BlackLine it sits on top of the ERP rather than replacing anything, so it is an additional annual platform cost against a general ledger you are already paying for, and the return has to come from reduced close effort and audit findings rather than from retiring another system.; Fiken bank integration available only as add-on (69 NOK/month)
  • Prices and features above were last checked on 30 August 2026.

Where they differ

Only the attributes on which BlackLine and Fiken actually diverge.

Attributes where BlackLine and Fiken differ
AttributeBlackLineFiken
Starting price$29/month219/month
Founded2001Unknown

Identical on both: pricing model (subscription), free tier (No), platforms (Web), user rating (Not yet rated), category (Accounting).

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
  • Risk based certification
  • Journal entry management
  • Close task management
  • Transaction matching
  • Intercompany
  • Variance analysis
  • Evidence attachment

Only in Fiken

Nothing recorded that BlackLine does not also cover.

What people use each for

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

BlackLine

  • A listed company whose external auditors have raised findings about reconciliation evidence and reviewer sign offnot Fiken
  • A group with dozens of entities where the close depends on someone chasing spreadsheets by email every monthnot Fiken
  • A finance team matching very high volumes of bank or payment processor transactions that no longer fit in a workbooknot Fiken
  • An organisation trying to shorten a close that runs past working day ten and cannot see where the time goesnot Fiken

Fiken

  • Solo accounting and invoicing for small businessesnot BlackLine
  • Multi-user accounting collaboration at no extra costnot BlackLine
  • Invoice management with EHF e-invoice supportnot BlackLine
  • Bank integration for transaction trackingnot BlackLine

Where each one falls short

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

BlackLine

  • It sits on top of the ERP rather than replacing anything, so it is an additional annual platform cost against a general ledger you are already paying for, and the return has to come from reduced close effort and audit findings rather than from retiring another system.
  • The capability is split across separately licensed modules, so a reconciliation deployment that later needs journal entry, transaction matching and intercompany turns into three more commercial conversations rather than a configuration change.
  • Implementation runs for months and is normally partner led, because the value depends on how the account inventory, risk ratings, matching rules and ERP data feeds are configured, and a rushed configuration produces a system that certifies bad reconciliations on schedule.
  • The ERP data feeds have to be built and then maintained, so a chart of accounts change, an entity addition or an ERP upgrade turns into remediation work in BlackLine as well, and a broken feed stops the close rather than degrading it.
  • Licensing has a per user element and the close involves preparers, reviewers, controllers and auditors, so a finance function with many occasional reviewers pays for seats belonging to people who touch the system for a few days each month.

Fiken

  • Bank integration available only as add-on (69 NOK/month)
  • Project accounting requires separate add-on (69 NOK/month)
  • Payroll and employee features cost extra (69 NOK/month)
  • Physical mail invoicing costs 25 NOK per invoice

Pricing, plan by plan

BlackLine

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

Fiken

219/month
  • Base Plan$219/month
    • Complete accounting functionality
    • Unlimited invoice sending via email and EHF
    • Unlimited user accounts

Which should you pick?

Choose BlackLine if

  • You need account reconciliation.
  • You also want risk based certification.

Choose Fiken if

Nothing in the data separates Fiken from BlackLine on the points above - pick on price and on how each one feels to use.

Questions people ask

Is BlackLine or Fiken better?
Neither clearly leads. BlackLine starts at $29/month and Fiken at 219/month, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, BlackLine or Fiken?
BlackLine starts at $29/month and Fiken at 219/month.
Does BlackLine or Fiken run on more platforms?
Both run on Web, so platform support will not decide this one for you.
What is BlackLine best used for?
BlackLine is most often used for a listed company whose external auditors have raised findings about reconciliation evidence and reviewer sign off, a group with dozens of entities where the close depends on someone chasing spreadsheets by email every month, a finance team matching very high volumes of bank or payment processor transactions that no longer fit in a workbook, an organisation trying to shorten a close that runs past working day ten and cannot see where the time goes. Of those, a listed company whose external auditors have raised findings about reconciliation evidence and reviewer sign off and a group with dozens of entities where the close depends on someone chasing spreadsheets by email every month are not what Fiken is typically brought in for.
What can BlackLine do that Fiken cannot?
BlackLine covers Account reconciliation, Risk based certification, Journal entry management, Close task management.

Answered from the vendors’ own pages

BlackLine: Does BlackLine replace our ERP or general ledger?

No. It reads from the ledger and writes approved journals back. You keep the ERP and pay for BlackLine on top of it.

Fiken: Is there a free trial for Fiken?

Yes, Fiken offers a 30-day free trial with no credit card required. After the trial, the base plan costs 219 NOK per month.

Source
BlackLine: At what size does it make sense?

The case is usually driven by control requirements and entity count rather than revenue. Companies under a control regime like Sarbanes Oxley, or groups with many entities and a long close, get the return. A single entity business with a short close will not.

Fiken: Do additional users cost more on Fiken?

No, Fiken includes unlimited user accounts at no extra cost on the base plan.

Source
BlackLine: How long does implementation take?

Months rather than weeks for the first module, longer for multi entity rollouts across several modules. The elapsed time is dominated by agreeing the account inventory and building the data feeds, not by installing software.

Fiken: What add-ons are available and how much do they cost?

Monthly add-ons include bank integration, project accounting, KID number system, and API access (69-99 NOK each). Time tracking, payroll, and expense reimbursements also cost 69 NOK per month. Annual tax filing costs 1,290 NOK for sole proprietors or 1,590 NOK for limited companies.

Source
BlackLine: Will it shorten our close on its own?

No. It makes the close visible and controlled, which is what exposes where the time goes. Shortening it still requires changing the underlying processes, and companies that skip that step get better documentation of the same slow close.

Fiken: What are the per-transaction costs?

SMS invoicing costs 3 NOK, e-invoicing via Vipps costs 5 NOK, physical mail invoicing costs 25 NOK, and credit checks cost 15 NOK per transaction.

Source
BlackLine: Can our auditors use it directly?

Yes, giving auditors read access to sample reconciliations and approvals is a common deployment pattern and one of the clearer sources of saved effort during the audit.

BlackLine: What happens if our chart of accounts changes?

The account inventory, risk ratings and feed mappings need updating to match. Treat any significant ERP or chart of accounts change as a BlackLine work package in the same project plan.

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