Calabasas, Calif. – Dec. 8, 2010 – Leading professional services firm Outsource Partners International (OPI) has partnered with financial software provider BlackLine Systems to bring BlackLine’s automated account reconciliation and financial close software to OPI’s global client base, mainly comprised of large organizations looking to outsource accounting and finance department functions.
OPI also will be using BlackLine to automate its internal account reconciliation process.
“The business benefits of outsourcing extend well beyond cost savings to include improved efficiency, effectiveness, flexibility, quality and compliance,” Clarence Schmitz, CEO, OPI, said. “By integrating BlackLine into their outsource strategies, we believe OPI can offer our clients all of the above and help them emerge better able to support the operational and strategic demands of their business.”
OPI is among a growing number of firms to have several professionals who are ‘BlackLine Certified Implementers,’ having completed a comprehensive training course designed to give partners the necessary skills to implement the BlackLine Financial Close Software Suite.
“With the large and growing number of companies expected to move to an outsourced finance function, partnering with OPI will be an important part of our growth strategy over the next several years,” Therese Tucker, CEO, BlackLine, said. “Software by itself won’t improve a company’s finance organization or processes. We rely on partners such as OPI that have extensive experience in finance transformation to provide additional value to our clients.”
About Outsource Partners International, Inc.
Outsource Partners International (OPI) is a professional services firm dedicated to the outsourcing of finance & accounting business processes, analytics and related consulting & advisory services. OPI has more than 3,700 professionals operating in its offices throughout the United States, India, United Kingdom, Bulgaria and Malaysia.
OPI’s highly-skilled accounting and business professionals draw upon best-in-class practices, a continuous improvement focus, offshore talent and enabling technologies, to optimize clients’ finance functions and transform operations.
Benefits realized by OPI clients extend well beyond cost savings, and include improved efficiency, effectiveness, flexibility, quality and compliance. By adopting an outsourced strategy and actively partnering with OPI in the success and renewal of the finance, accounting, tax and analytics functions, these leading companies emerge better able to support the operational and strategic demands of their business.
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/.