See How Kimberly-Clark Closes with Confidence by Using BlackLine and SAP
LOS ANGELES – June 22, 2011 – Therese Tucker, CEO and founder of financial software provider BlackLine Systems, was honored Monday night with a 2011 Stevie® American Business Award℠ for Executive of the Year in the competitive Computer Software category.
The Stevies® are “the nation’s premier business awards program, recognizing outstanding performance in the workplace.” More than 2,800 nominations from organizations of all sizes and in virtually every industry were submitted this year for consideration.
Other companies with winning entries for the night included Amazon.com, Cisco, ESPN, Groupon, Salesforce.com and Webtrends.
The Stevie recognition reflects the accomplishments of Tucker in building the account reconciliation and financial close software provider into the leading company in its space.
In accepting the award on Tucker’s behalf, Kimberly Uberti, director of corporate communications for BlackLine, said, “Therese truly is a remarkable woman having built BlackLine from the ground up. She was retired at the time. She didn’t need to work; she chose to go back to work and start BlackLine based on the request/needs of a client – a true entrepreneur.”
BlackLine revenues were up by more than 50 percent in both 2009 and 2010. The company also reported its strongest quarter on record in Q1, with its sales team closing half as many new deals in the first quarter of 2011 alone – traditionally the slowest time of year for software sales – as in the entire calendar year 2010. The 2009 growth follows three sequential previous years where the company’s revenues doubled under Tucker’s direction.
The Stevie Award achievement follows a number of other recent accolades for BlackLine. In October 2010, Accounting Today named Tucker to its “10 Worth Watching” list of “pioneers in the accounting profession.” BlackLine also ranked 61st nationally and 3rd in Los Angeles on Deloitte’s 2010 Technology Fast 500™. Earlier this year, BlackLine was named a Red Herring 100 Global Winner – recognizing the company as one of the “most innovative and promising” tech ventures in the world.
The San Fernando Valley Business Journal also recently honored Tucker as a “Woman of the Decade.”
The Stevie awards were presented during ceremonies at the Marriott Marquis Hotel in New York City. The ceremonies were hosted by Cheryl Casone of Fox Business Network and broadcast nationwide on radio by the Business TalkRadio Network. More than 200 executives across the country participated in the judging process to determine the Finalists and Stevie Award Winners.
Details about The American Business Awards and the list of honorees in all categories are available at www.stevieawards.com/aba.
About BlackLine
Founded in 2001, BlackLine Systems was the first to develop and offer a commercially available Balance Sheet Account Reconciliation solution. An experienced provider of software to companies from the Fortune 100 to beyond the Fortune 1,000, BlackLine provides quick-to-implement, scalable and easy-to-use applications that automate the entire financial close process to help improve financial controls for companies of all sizes. BlackLine software applications complement existing Enterprise Performance Management (EPM), Governance Risk and Compliance (GRC) and Enterprise Resource Planning (ERP) systems.
BlackLine offers clients its enterprise-class software in a simple and secure OnDemand/SaaS platform. With a proven track record and a commitment to customer success, BlackLine seeks to reduce the burden the financial close places on accounting and finance professionals. For more information, please visit www.blackline.com.
Media Contact:
Kimberly Uberti
Director of Corporate Communications
BlackLine Systems
310-721-6850
kimberly.uberti@blackline.com
Woodland Hills, Calif. – April 19, 2011 – Financial software provider BlackLine Systems today announced it is a 2011 SAP® Pinnacle award finalist in the Software Solution Newcomer of the Year category. SAP Pinnacle awards are presented annually to leading SAP partners that have excelled in developing and growing their partnership with SAP (NYSE: SAP) and driving customer success. Winners were selected based on over 150 nominations in 18 categories received from partners and SAP employees.
BlackLine is an SAP software solution partner and a participant in the SAP EcoHub solution marketplace. The BlackLine 5.1 solution has also achieved SAP-certified integration with SAP solutions.
This achievement follows a number of other recent accolades for BlackLine and the company’s CEO & Founder Therese Tucker. In October 2010, Accounting Today named Tucker to its “10 Worth Watching” list of “pioneers in the accounting profession.” BlackLine also ranked 61st nationally and 3rd in Los Angeles on Deloitte’s 2010 Technology Fast 500™. And, earlier this year, BlackLine was named a Red Herring 100 Global Winner – recognizing the company as one of the “most innovative and promising” tech ventures in the world.
Most recently, the San Fernando Valley Business Journal honored Tucker as a “Woman of the Decade” for her accomplishments in building and growing the software company over the past several years.
BlackLine revenues were up by more than 50 percent in both 2009 and 2010. The company also reported its strongest quarter on record in Q1, with its sales team closing half as many new deals in the first quarter of 2011 alone – traditionally the slowest time of year for software sales – as in the entire calendar year 2010. The 2009 growth follows three sequential previous years where the company’s revenues doubled under Tucker’s direction.
Please visit BlackLine at http://ecohub.sdn.sap.com/irj/ecohub/solutions/AccountReconciliations.
About BlackLine
Founded in 2001, BlackLine Systems was the first to develop and offer a commercially available Balance Sheet Account Reconciliation solution. An experienced provider of software to companies from the Fortune 100 to beyond the Fortune 1,000, BlackLine provides quick-to-implement, scalable and easy-to-use applications that automate the entire financial close process to help improve financial controls for companies of all sizes. BlackLine software applications complement existing Enterprise Performance Management (EPM), Governance Risk and Compliance (GRC) and Enterprise Resource Planning (ERP) systems.
BlackLine offers clients its enterprise-class software in a simple and secure OnDemand/SaaS platform. With a proven track record and a commitment to customer success, BlackLine seeks to reduce the burden the financial close places on accounting and finance professionals. For more information, please visit www.blackline.com.
SAP and all SAP logos are trademarks or registered trademarks of SAP AG in Germany and in several other countries.
All other product and service names mentioned are the trademarks of their respective companies.
Media Contact:
Kimberly Uberti
Director of Corporate Communications
BlackLine Systems
310-721-6850
kimberly.uberti@blackline.com
Woodland Hills, Calif. – April 14, 2011 – Financial software provider BlackLine Systems reported its strongest quarter on record in Q1, with its sales team closing half as many new deals in the first quarter of 2011 alone – traditionally the slowest time of year for software sales – as in the entire calendar year 2010 (which also was a strong growth year for BlackLine).
Amgen Inc., Belkin and Telus Corporations are among the new subscribers which join an already impressive list of BlackLine clients such as AT&T, Boeing, Northrop Grumman and United Airlines. The company also added a strong contingent of Australia-based organizations during the quarter, supporting the growing demand in the APAC (Asia-Pacific) region for the company’s account reconciliation and financial close software.
“We’ve spent years building a reputation for delivering high ROI to our clients; client satisfaction is our No. 1 priority,” Therese Tucker, CEO of BlackLine, said. “Our incredible growth and performance in Q1, which is typically a slow quarter, is a direct result of that focus.”
BlackLine revenues were up by more than 50 percent in both 2009 and 2010. The 2009 growth follows three sequential previous years where the company’s revenues doubled under Tucker’s direction.
Leading global accounting and consulting firms Deloitte, Ernst & Young and KPMG also are among a growing list of organizations with representatives who have become ‘BlackLine Certified Implementers’ since BlackLine began offering the implementation training course just last year. BlackLine also tripled its head count in the last year and a half, adding jobs in the local community.
Accounting Today, Deloitte and Red Herring have each recognized Tucker recently for her accomplishments in building and growing the software company. Accounting Today named her to its ‘10 Worth Watching’ list of ‘pioneers in the accounting profession.’ BlackLine ranked 61st nationally, 3rd in LA on Deloitte’s 2010 Technology Fast 500™. And, BlackLine was named a Red Herring 100 Global Winner – recognizing the company as one of the ‘most innovative and promising’ tech ventures in the world.
Most recently, the San Fernando Valley Business Journal honored Tucker as a ‘Woman of the Decade’ for her continuous accomplishments over the years.
In addition to APAC, BlackLine is also aggressively expanding into Europe. In February the company held its first-ever European User Group Meeting in Dublin to serve the company’s rapidly growing base of clients in the region. This coming June, BlackLine will be presenting alongside SAP at the SAP Financials Europe show in Amsterdam.
About BlackLine
Founded in 2001, BlackLine Systems was the first to develop and offer a commercially available Balance Sheet Account Reconciliation solution. An experienced provider of software to companies from the Fortune 100 to beyond the Fortune 1,000, BlackLine provides quick-to-implement, scalable and easy-to-use applications that automate the entire financial close process to help improve financial controls for companies of all sizes. BlackLine software applications complement existing Enterprise Performance Management (EPM), Governance Risk and Compliance (GRC) and Enterprise Resource Planning (ERP) systems.
BlackLine offers clients its enterprise-class software in a simple and secure OnDemand/SaaS platform. With a proven track record and a commitment to customer success, BlackLine seeks to reduce the burden the financial close places on accounting and finance professionals. For more information, please visit www.blackline.com.
Media Contact:
Kimberly Uberti
Director of Corporate Communications
BlackLine Systems
310-721-6850
kimberly.uberti@blackline.com

