BlackLine Systems Launches ‘BlackLine U’ to Help OnDemand Clients Get the Most out of its Flagship Financial Close Software Suite


LOS ANGELES – Dec. 5, 2011  Financial software provider BlackLine Systems has launched BlackLine U – a comprehensive new online training tool designed to give BlackLine’s OnDemand clients easy access anytime, anywhere to the resources they need to get the most of out of the company’s flagship Financial Close Software Suite. At the core of BlackLine U is a Learning Management System (LMS) – a web-based application for the administration, documentation, tracking and reporting of corporate training programs and content.

Offered as a complimentary service and accessible from within their existing application, BlackLine’s new self-guided training resource gives preparers, approvers, administrators, auditors, executives or any other role 24/7 access to training when it’s convenient for them. No more waiting, falling behind or worrying about time zones and scheduling.

BlackLine U will offer a comprehensive course curriculum, including popular past classes, in video tutorial format. Users will learn to use BlackLine through interactive, teaching videos complete with real-life examples and demonstrations of practical applications of the software, tailored to different roles. Better yet, BlackLine video tutorials will allow users to go at their own pace: play, pause, rewind, fast forward or pick back up where they left off on another day.

In addition, there’s no need to email a request for materials and wait for a response. Users of BlackLine U can access BlackLine’s extensive library of resources, which includes best practices, checklists, Q&As and manuals, with just a few mouse clicks. Users also can view their personal BlackLine U history via their own personal transcript which includes incomplete and completed courses, exam scores and certifications. System and Business Administrators can view BlackLine U participation and performance reports reflecting real-time usage of all BlackLine users in their company.

Down the line, BlackLine U video training content will be available in multiple languages to serve BlackLine’s global client base.

For clients who prefer live training, BlackLine will continue to offer its award-winning web-based sessions for select courses, as well. BlackLine has had more than 30,000 registrants for its online webinar courses since the program began in 2007 and expects to surpass the 10,000-registrant mark this year alone.

The BlackLine Financial Close Software Suite

The BlackLine suite of financial software applications automates the entire account reconciliation and financial close process – virtually eliminating time-consuming, error-prone, traditionally manual, spreadsheet-driven accounting processes for:

• Balance Sheet Account Reconciliations
• Closing Task Management
• Journal Entry
• Transaction Matching
• Variance Analysis
• Consolidation System Tie-outs