BlackLine Systems Presents Webcast Moderated By Nucleus Research On Achieving ROI By Automating The Account Reconciliation Process

FINANCIAL SOFTWARE PROVIDER OFFERS CFOS GUIDANCE ON IMPROVING THEIR ACCOUNT RECONCILIATION, FINANCIAL CLOSE PROCESSES

Calabasas, Calif. - Feb. 10, 2009 - Financial software provider BlackLine Systems will present a webcast offering CFOs and other accounting department staff guidance on how they can reduce the cost to complete account reconciliations while maintaining control and visibility over the process. Nucleus Research, a global provider of investigative technology research and advisory services, will share its analysis of BlackLine customers as part of the webcast. Nucleus Research Vice President Rebecca Wettemann will moderate the webcast scheduled for Tuesday, Feb. 10, 2009, at 2 p.m. ET.

“Based on case study evidence from Nucleus Research, this webcast will share strategies and best practices to illustrate how companies can achieve ROI by automating the account reconciliation process,” said Wettemann.

“In today’s challenging environment companies are looking for a significant ROI on any software investment,” Therese Tucker, CEO of BlackLine, said. “BlackLine provides a key way for the CFO and Controller to realize that type of return while increasing the control and visibility over the entire financial reconciliation process. Nucleus Research, in its study found that it is not unusual for companies to experience returns that range from more than 220 to 689 percent when implementing BlackLine.”

Webcast attendees will leave this webcast with insight into how they can cut the cost of the account reconciliation and financial close processes, while they improve visibility and control. The discussion will focus on actual customer case studies and the ways they reduced their costs while achieving a rapid return on their BlackLine investment.

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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