BlackLine Systems To Lead Session At Annual Shared Services Week™ Conference In Orlando

CUSTOMER CASE STUDIES SHOW HOW LEADING ORGANIZATIONS CAN ACHIEVE ROI BY AUTOMATING THE ACCOUNT RECONCILIATION PROCESS IN A SHARED SERVICES ENVIRONMENT

Calabasas, Calif. - March 20, 2009 - Leading financial software provider BlackLine Systems will lead a session at the upcoming Shared Services Week™ conference, set to take place Monday, March 23, to Wednesday, March 25, 2009, at the Omni Resort, Champions Gate in Orlando. Case studies presented by BlackLine clients Bob Davenport, Manager of Data and Financial Compliance, Hexion Specialty Chemicals, Columbus, Ohio, and Debra Santoro, Senior Corporate Accountant/BlackLine Systems Specialist, Cott Beverages, Tampa, Fla., will demonstrate how companies can improve efficiencies, increase productivity and reduce bottom line costs simply by implementing an automated account reconciliation system in a shared services environment.

The Hexion and Cott representatives each will discuss how they were able to implement BlackLine’s OnDemand/SaaS (Software as a Service) solution, quickly, on their own – without the help of costly outside consultants – by taking advantage of BlackLine’s free, award-winning training program. The case studies will highlight how a combination of technology and process improvements allowed each organization’s shared service centers to increase the level of service they offer, improve internal controls and visibility and help the CFO report faster with increased confidence in the numbers. The customers also will share specifics on the ROI they have experienced since the implementation of BlackLine’s flagship account reconciliation and financial close software suite.

The session, entitled “Increasing the Effectiveness and Reducing the Cost to Operate Your Shared Services Center,” will be held on Monday, March 23, 2009, at 4:25 p.m. ET. Jeff Adler, CPA, MBA, and BlackLine Product Expert, will lead the discussion.

Attendees will leave the session with insight into how they can improve their shared service center operations, reduce costs and realize immediate ROI, increase visibility and achieve best practices for their financial close processes by employing technology and process improvements to better serve the CFO’s needs.

SSON’s Shared Services Week is the largest event for all levels of Shared Services professionals around the globe with more than 600 attendees from more than 22 countries attending each year. Presentations on the 2009 schedule will detail how shared services will continue to add value in this down economy and highlight the opportunities for those evaluating, optimizing and re-engineering shared services. To learn more, visit BlackLine at the show in Booth No. 11.

About BlackLine
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.blackli

MEDIA CONTACT:

Ashley Dyer
Sr. Public Relations Manager
P. 818.936.7166
E: ashley.dyer@blackline.com

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