Calabasas, Calif. - August 24, 2009 - Demonstrating 1,452.5 percent growth over the last three years, BlackLine Systems moved up nearly 200 spots to No. 113 on Inc. Magazine’s newest list of the fastest-growing, U.S.-based private companies. BlackLine also took the No.10 position for “Women-Run Companies” in the prestigious annual ranking.
BlackLine achieved the No. 6 and No. 13 spots in the Financial Services industry sector and Los Angeles regional categories, respectively. To see the complete listing for BlackLine, please visit: Company Profile at www.inc.com.
BlackLine’s revenues have doubled in each of the past two years. The company also has expanded internationally, opening offices in both Sydney and Paris earlier this year. BlackLine clients include a long list of global companies such as AT&T, General Mills, eBay and Northrop Grumman.
The Inc. 500/5000 companies are ranked according to percentage revenue growth from 2005 through 2008. For more information, go to: Introduction. To learn more about the selection criteria and methodology, go to: Methodology. The Inc. 500 magazine issue highlighting the top 500 companies on the list is currently on news stands.
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 Enabling customers to move beyond outdated processes and point solutions to a Continuous Accounting model, in which real-time automation, controls and period-end tasks are embedded within day-to-day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/.