BlackLine Home page BlackLine home page
Solutions
Solutions
Financial Close Management
Financial Close Management
Overview
Overview
Account Reconciliations
Account Reconciliations
Task Management
Task Management
Transaction Matching
Transaction Matching
Journal Entry
Journal Entry
Compliance
Compliance
Variance Analysis
Variance Analysis
Smart Close for SAP
Smart Close for SAP
Accounts Receivable Automation
Accounts Receivable Automation
Overview
Overview
Cash Application
Cash Application
Credit & Risk Management
Credit & Risk Management
Collections Management
Collections Management
Disputes & Deductions
Disputes & Deductions
Team & Task Management
Team & Task Management
AR Intelligence
AR Intelligence
Intercompany Financial Management
Intercompany Financial Management
Overview
Overview
Intercompany Non-Trade
Intercompany Non-Trade
Intercompany Balance & Resolve
Intercompany Balance & Resolve
Intercompany Net & Settle
Intercompany Net & Settle
By Organization Size
By Organization Size
Midsize Organizations
Midsize Organizations
Large Enterprises
Large Enterprises
By Industry
By Industry
Banking & Financial Services
Banking & Financial Services
Consumer Products & Services
Consumer Products & Services
Energy & Raw Materials
Energy & Raw Materials
Healthcare & Life Sciences
Healthcare & Life Sciences
Manufacturing
Manufacturing
Retail
Retail
Technology, Media & Communications
Technology, Media & Communications
See All Industries
By ERP
By ERP
SAP
SAP
Oracle
Oracle
Oracle NetSuite
Oracle NetSuite
Microsoft Dynamics
Microsoft Dynamics
See All ERPs
By Topic
By Topic
Environmental, Social, and Governance
Environmental, Social, and Governance
Recruiting & Retaining Top Talent
Recruiting & Retaining Top Talent
Enabling an ERP Transformation
Enabling an ERP Transformation
Customers
Customers
Customer Success
Success Stories
Success Stories
Collaborative Accounting Experience
Collaborative Accounting Experience
Modern Accounting Playbook
Modern Accounting Playbook
BlackLine Services
BlackLine Services
CUSTOMER SUPPORT
Global Support
Global Support
Developer Portal
Developer Portal
BlackLine Community
BlackLine Community
Resources
Resources
Events
Events
Upcoming Webinars
Upcoming Webinars
On-Demand Webinars
On-Demand Webinars
White Papers
White Papers
Blog
Blog
Accounting Glossary
Accounting Glossary
Global Support
Global Support
About
About
Company
Company
About BlackLine
About BlackLine
Leadership
Leadership
Diversity, Equity & Inclusion
Diversity, Equity & Inclusion
Environmental, Social & Governance
Environmental, Social & Governance
In the News
In the News
Press Releases
Press Releases
Investors
Investors
Awards & Recognition
Awards & Recognition
Careers
Careers
Partners
Partners
Consulting Alliances
Consulting Alliances
Solution Provider Partners
Solution Provider Partners
Software & Cloud Partners
Software & Cloud Partners
Business Process Outsourcers
Business Process Outsourcers

BlackLine Systems Honored Alongside Cisco, IBM, Microsoft as Two Customers Win Nucleus Research Tech ROI Awards

AT&T, MEADWESTVACO SHOW ENORMOUS ROI AFTER IMPLEMENTING BLACKLINE’S ACCOUNT RECONCILIATION SOFTWARE

Calabasas, Calif. - August 27, 2009 - Nucleus Research has selected two BlackLine Systems customers – AT&T and MeadWestvaco – as 2009 recipients of its Technology ROI Award for their implementations of BlackLine’s account reconciliation and financial close software suite. The Nucleus Technology ROI Awards recognize 10 companies whose skillful IT deployments have produced a positive, bottom-line financial return on investment (ROI).

“The AT&T and MeadWestvaco implementations of BlackLine’s software are model examples of how IT investments closely aligned to business goals can deliver significant ROI,” said Rebecca Wettemann, vice president of research, Nucleus Research.

BlackLine’s implementation at AT&T resulted in a 689 percent ROI and full project payback in less than two months, as determined by Nucleus Research. AT&T also reports saving more than $1.6 million annually since using BlackLine. A similar case study conducted by Nucleus showed that MeadWestvaco achieved 495 percent ROI and also saw project payback in just two months.

“What’s even more remarkable,” Therese Tucker, CEO of BlackLine, said “is that one of these companies achieved their ROI by switching from a competitor’s product. We are delighted with this independent validation of the BlackLine advantage.”

Other award recipients utilized technology from Cisco, Microsoft and Salesforce.com. However, only BlackLine and software giant IBM’s Cognos placed two clients in the prestigious top ten.

For more information on Nucleus Research or the Awards, go to ROIAwards.com.