SYDNEY – Sept. 16, 2014 – Finance controls and automation software leader BlackLine has appointed Todd Hunt as vice president and general manager to oversee business expansion in the Asia-Pacific region (APAC). The company also is hosting its fifth annual APAC User Conference this week in Sydney to serve the company’s growing base of clients in the region, with representatives from Boral, Optus and Wesley Mission lined up to discuss the benefits they’ve seen since using BlackLine’s Finance Controls and Automation software.
BlackLine currently has more than 100 customers and 21,000 users in APAC, with the majority located in Australia and New Zealand (ANZ). Based in Sydney, Mr. Hunt will lead an ambitious growth plan to accelerate BlackLine’s business and customer acquisition across the entire region with a particular focus on ANZ and the major Asian markets including Singapore, Hong Kong, China and Japan.
According to a recent study* from Apps Run the World, “the cloud applications market is expected to experience sustained growth with the biggest showing likely to come from APAC” with a projected compound annual growth rate (CAGR) from 2014 to 2018 of 21.7 percent.
“We expect Asia-Pacific to be a high-growth market,” said Therese Tucker, CEO, BlackLine. “Given Todd’s consistent record of sales growth, his hands-on experience, and his unyielding commitment to customer success, he will prove to be a tremendous asset in growing our presence throughout the APAC region.”
Mr. Hunt has more than 20 years of experience in the software industry having held senior management positions in sales, account management, business development and customer relationship management. During this time, he has lead complex corporate software sales bids, deployed effective channel strategies and developed key relationships through professional services and consulting.
Mr. Hunt previously worked for Infor Global Solutions, the world’s third largest enterprise software provider, for more than ten years in several strategic positions, most recently as sales director for northern Australia. In this role, he had regional responsibility for managing all frontline channel sales in the financial services and public sectors across the organisation’s enterprise resource planning, supply chain, financial and human capital solutions.
He previously held sales and account management positions with BCA IT and Hutchison Telecoms.
Accounting/finance managers and compliance executives around the world use BlackLine’s cloud-based offering to automate key finance and accounting processes, which are traditionally labor-intensive, manual and time-consuming. Existing ANZ BlackLine clients include Bank of New Zealand, Boral, Bunnings, Coles, CSL, Downer EDI, Evolution Mining, Kimberley Clark, Linfox, Optus, Qantas Airways, QBE Australia, Tabcorp, Thales, Virgin Australia and Wesley Mission.
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/.