BlackLine Systems Establishes Operations In Sydney
FINANCIAL SOFTWARE PROVIDER EXPANDS INTERNATIONAL PRESENCE TO SATISFY GROWING APAC DEMAND FOR ITS AUTOMATED ACCOUNT RECONCILIATION, FINANCIAL CLOSE SOFTWARE SUITE
Calabasas, Calif. - Jan. 12, 2009 - Financial software provider BlackLine Systems has established local operations in Sydney, Australia to address the growing demand for the company’s flagship account reconciliation and financial close software from global companies and companies in the Asia-Pacific (APAC) region. APAC customers already using BlackLine software include Kimberly-Clark Australia and OneSteel.
“We’ve seen increasing demand for our software from large, global organizations,” said Therese Tucker, CEO, BlackLine Systems. “Having a presence in the APAC region was a logical next step from both a market opportunity standpoint but also in terms of being better equipped to serve our customers.”
BlackLine will have sales and customer service/support staffing in Sydney beginning immediately. Going forward, BlackLine expects to add training and implementation services for the region in the near future.
“BlackLine sees significant growth opportunities in the Asia-Pacific region,” said Dominick DiPaolo, VP of Global Sales for BlackLine. “Having an office in the APAC region allows us to increase the level of service we already offer our enthusiastic customer base, as well as expand the marketplace for our financial close offering.”
Founded in 2001, BlackLine Systems was the pioneer of Balance Sheet Account Reconciliation software applications. An experienced provider of software to Fortune 1,000 companies, BlackLine provides quick-to-implement, scalable and easy-to-use applications that, for the first time, automate the entire financial close process and help improve financial controls for companies of all sizes. BlackLine software applications complement and are an integral component of existing Enterprise Performance Management (EPM), Governance Risk and Compliance (GRC) and Enterprise Resource Planning (ERP) systems.
BlackLine offers customers a choice between enterprise or OnDemand delivery. With a proven track record and a commitment to customer success, BlackLine seeks to reduce the effort the financial close places on the CFO. For more information, please visit www.blackline.com