LOS ANGELES – Nov. 14, 2011 – Based on the “outstanding achievements” of CEO and founder Therese Tucker, financial software provider BlackLine Systems has been recognized as a Finalist in three categories in The 8th Annual Stevie® Awards for Women in Business:
The Stevie Awards for Women in Business honor women executives, entrepreneurs and the companies they run – worldwide. The Stevie Awards have been hailed as the world’s premier business awards. More than 1,300 entries – a record for the competition – were submitted this year for consideration.
Under Tucker’s direction, BlackLine revenues were up by more than 50 percent in both 2009 and 2010. The company also is already recording strong growth in 2011, with its sales team closing nearly as many new deals in the first six months of 2011 alone as in the entire calendar year 2010. The 2009 growth follows three sequential previous years where the company’s revenues doubled.
BlackLine continues to add clients at an aggressive pace with a long list of global companies already on board including AT&T, Boeing, Costco, eBay and Northrop Grumman.
Finalists were chosen by business professionals worldwide during preliminary judging. Nicknamed the Steviesfor the Greek word “crowned,” winners were announced during a gala event at the Marriott Marquis Hotel in New York on Friday, Nov. 11. Nominated women executives and entrepreneurs from the U.S.A and several other countries attended. The presentations were broadcast live on radio in the U.S.A. by the Business TalkRadio Network.
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 Enabling customers to move beyond outdated processes and point solutions to a Continuous Accounting model, in which real-time automation, controls and period-end tasks are embedded within day-to-day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/.