BlackLine Systems has achieved the No. 300 spot in Inc. Magazine’s newest list of the fastest-growing U.S.-based private companies, recording 932.7 percent growth in the last three years.
CALABASAS, Calif. – August 26, 2008 –
“This ranking reflects BlackLine’s commitment to providing real value to our clients around automating and centralizing the financial close process,” said Therese Tucker, CEO of BlackLine. “Our reputation for quality software and no-risk implementations has facilitated our rapid growth.”
BlackLine also was ranked No. 19 and No. 20 in the Financial Services industry sector and Los Angeles regional categories, respectively. BlackLine customers include such household names as MGM Mirage and Baxter Americas.
The Inc. 5000 companies are ranked according to percentage revenue growth from 2004 through 2007. The Inc. 500 magazine issue highlighting the top 500 companies on the list is due out today.
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 Enabling customers to move beyond outdated processes and point solutions to a Continuous Accounting model, in which real-time automation, controls and period-end tasks are embedded within day-to-day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/.