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

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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