BLACKLINE SYSTEMS, COMPLIANCE WEEK TO DELIVER JOINT WEBCAST ON THE OBSOLESCENCE OF SPREADSHEETS IN THE FINANCIAL CLOSE PROCESS

FORTUNE 500 FINANCIAL SOFTWARE PROVIDER, LEADING INDUSTRY RESOURCE TEAM UP TO OFFER CFOS GUIDANCE ON IMPROVING ACCURACY, TIMELINESS, CONTROL OF ACCOUNT RECONCILIATIONS

Calabasas, Calif. – Nov. 14, 2008 – Financial software provider BlackLine Systems and leading industry resource and trade magazine Compliance Week will be presenting a joint webcast offering CFOs and other accounting department staff guidance on maintaining control and visibility over their account reconciliations and overall financial close process. Matt Kelly, editor-in-chief of Compliance Week, will moderate the webcast scheduled for Thursday, Nov. 20, 2008, at 2 p.m. ET.

“Today, spreadsheets represent one of the biggest risks to ensuring a timely and accurate financial close. Finance and accounting department executives are searching for ways to eliminate spreadsheets from the critically important account reconciliation portion of the financial close,” said Kelly. “Attendees of this webcast will learn about ways they can improve their overall financial close process by removing spreadsheets and increasing visibility and control over account reconciliations.”

Webcast attendees will leave this session with insight into how they can improve their reconciliation process and financial close by automating it end to end. The discussion will focus on ways accounting staff can leverage a combination of technology and process improvements so they can report faster with increased confidence in their numbers.

About Compliance Week
Compliance Week is the leading information resource on governance, corporate compliance and risk for public company executives.

About BlackLine

BlackLine is a provider of cloud-based solutions that transform Finance and Accounting (F&A) by automating, centralising and streamlining financial close operations, intercompany accounting processes and other key F&A processes for large and midsize enterprises.  Designed to complement ERP and other financial systems, BlackLine’s cloud platform increases operational efficiency, real-time visibility, control and compliance to ensure end-to-end financial close management and accounting automation.

BlackLine’s mission is to continuously improve the quality, accuracy and efficiency of Finance and Accounting by centralising key functions within a single, unified cloud platform. Enabling customers to move beyond outdated processes and point solutions to a Continuous Accounting model, in which real-time automation, controls and period-end tasks are embedded within day-to-day activities. BlackLine helps companies modernise accounting operations with intelligent automation, ensuring more accurate and insightful financial statements and a more efficient financial close.  To date more than 2,800 companies with users in over 130 countries around the world trust BlackLine to help ensure balance sheet integrity and confidence in their financial statements.

BlackLine is recognized by Gartner as a Leader in its 2019 Magic Quadrant for Cloud Financial Close Solutions.

Based in Los Angeles, BlackLine also has regional headquarters in London, Singapore and Sydney servicing its 14 global locations.For more information, please visit https://www.blackline.com/.

MEDIA CONTACT:

Ashley Dyer
Sr. Public Relations Manager
P. 818.936.7166
E: ashley.dyer@blackline.com