BlackLine Systems CFO Charles Best Invited to Speak on ‘The Subscription Economy’ at Zuora’s Subscribed 2013 Conference in San Francisco

Enterprise-class financial software company CFO joins all-star line-up of Cloud computing/subscription model experts; Zuora CEO also to showcase BlackLine in keynote

LOS ANGELES – Sept. 19, 2013 – BlackLine Systems CFO Charles Best has been invited to speak today at the Zuora Subscribed 2013 conference in San Francisco. The 2-day event will feature senior executives from leading Cloud computing and subscription economy companies including BlackLine, Box, Dell, Intuit, Google, Marketo and Zuora.

Zuora CEO Tien Tzuo also is expected to showcase BlackLine in his opening remarks, conducting a Q&A on-stage with Best highlighting best practices and the resulting success the enterprise-class financial software company has realized since shifting to a SaaS- (Software-as-a-Service)/subscription-based business model in 2008.

In addition to the opening keynote at 9 a.m. PDT, Best will participate on a panel at 11 a.m. PDT entitled “The CFO’s Guide to the Subscription Economy: The Subscription Economy Operating Plan” where he will draw on his experience overseeing the delivery of the BlackLine Financial Close Suite to global clients via a SaaS-based revenue model, as well as on his experience implementing a number of Cloud- and subscription-based tools to improve operating efficiencies internally at BlackLine. Tyler Sloat, Zuora CFO, will moderate the panel.

Under the direction of Best and CEO Therese Tucker, BlackLine revenues have increased more than 50 percent annually for the past six years and are on track to grow by at least that pace in 2013, with revenues up more than 55 percent in the first half of 2013 compared to the same period last year. The company has seen substantial revenue increases since moving to the SaaS business model.

Accounting/Finance managers and Compliance executives around the world use BlackLine to automate traditionally manual, labor-intensive and spreadsheet-driven account reconciliation and financial close processes. BlackLine continues to add clients at an aggressive pace with a long list of global companies already on board including Aflac, AT&T, Boeing, eBay, Eurostar International, Lafarge SA and Northrop Grumman.

BlackLine recently made the Software 500 list of the “largest and best performing software and service providers in the world” for the third year in a row and also has made the prestigious Inc. 500/5000 for the past six years, joining the ranks of such companies as Jamba Juice, Microsoft and Patagonia.

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