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
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/.