CALABASAS, Calif. – September 19, 2008 – More than 10,000 users in large corporations worldwide are now using BlackLine Systems software to streamline the financial close process. AT&T, Baxter Americas and MGM Mirage are among their well-known customers.
BlackLine provides accounting department staff with financial applications that, for the first time, automate the entire month- and year-end close processes – even for entities utilizing multiple programs, legacy and/or diverse financial and accounting systems. BlackLine offers modules for Balance Sheet Account Reconciliations, Variance Analysis, Task Management, Journal Creation and Transaction Matching.
“Our goal has always been to deliver ROI to accounting staff in Fortune 1,000 corporations,” Therese Tucker, CEO and founder, BlackLine Systems, said. “Continually adding household names to our prestigious client roster is a testament to the fact that CFOs in some of the world’s largest companies see the value and ROI that they will get from implementing BlackLine – in many cases across global organizations.”
BlackLine Systems will be showing its flagship software at Oracle’s OpenWorld conference next week in San Francisco in booth No. 3137.
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 Enabling customers to move beyond outdated processes and point solutions to a Continuous Accounting model, in which real-time automation, controls and period-end tasks are embedded within day-to-day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/.