LONDON, Feb. 27, 2014 – Enterprise-class financial software company BlackLine Systems has been shortlisted in the ‘Best Cloud Accounting Suite’ category at the 2014 UK Cloud Awards, recognising the company for the benefits, value and ROI that its flagship Financial Close Suite brings to Accountancy, Finance and Compliance departments in mid-size to large organisations around the world.
The annual awards program, hosted in London, is a joint venture run by the Cloud Industry Forum, CloudPro and techUK, designed to acknowledge innovation and excellence in the UK cloud industry. The category of ‘Best Cloud Accounting Suite’ explores the dramatic impact SaaS (Software-as-a-Service) has had on the accounting landscape, highlighting those services and solutions which have most effectively helped to improve financial reporting, business processes and internal controls.
For many years, much of the work within accounting departments has been time-consuming and labour intensive, often open to errors. By developing the first software of its kind designed to automate critical financial close accounting processes, BlackLine Systems has helped to improve the lives of accountants in the UK and globally. BlackLine’s award entry highlighted its work across Europe with customers including Boeing, Eurostar, Kempinski Hotels and Achmea. The company opened offices in London in 2012. Other UK-based clients include British Gas, Camelot UK Lotteries, QBE Management Services UK and Tate & Lyle.
The UK Cloud Awards ceremony was held at City Hall, London. For a full list of winners, visit: http://ukcloudawards.co.uk/.
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 Enabling customers to move beyond outdated processes and point solutions to a Continuous Accounting model, in which real-time automation, controls and period-end tasks are embedded within day-to-day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/.