LOS ANGELES – Feb. 14, 2013 – Financial close software leader BlackLine Systems was honored with another award highlighting the company’s rapid growth amidst a down economy – winning a 2013 Business Excellence Award in the category of ‘Fastest-growing Company under 500 Employees’.
The Business Excellence Awards, presented by leading global business coaching firm ActionCOACH, honor the “best of the best” business performance results from organizations from around the world and showcase exceptional results for business owners, entrepreneurs, their teams and companies.
BlackLine revenues were up by more than 50 percent year over year in 2010, 2011 and 2012 and are expected to grow by at least that pace in 2013. Over the past several years, many new Fortune 500 companies have signed on to implement the BlackLine Financial Close Software Suite in a Software-as-a Service (SaaS) environment across their global organizations.
BlackLine continues to add clients at an aggressive pace with a long list of household name organizations already on board including AT&T, Boeing, Northrop Grumman, Whirlpool and Zurich Insurance. The company has added a number of large internationally based organizations, as well, such as Eurostar International in the United Kingdom, Lafarge SA in France and Coles Supermarkets in Australia.
2013 Business Excellence Award winners were announced at the Business Excellence Awards ceremony at the Red Rock Resort and Casino in Las Vegas in January.
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 Enabling customers to move beyond outdated processes and point solutions to a Continuous Accounting model, in which real-time automation, controls and period-end tasks are embedded within day-to-day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/.