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.”

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 Enabling customers to move beyond outdated processes and point solutions to a Continuous Accounting model, in which real-time automation, controls and period-end tasks are embedded within day-to-day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

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