LONDON and LOS ANGELES, 18 June 2014 – Enterprise-class financial software company BlackLine Systems was honoured at last night’s 2014 Computer Weekly European User Awards for Software, winning ‘Supplier of the Year’, for its work implementing account reconciliation and financial close software to automate traditionally manual accounting processes at Pan-European insurance provider Achmea. BlackLine also was shortlisted in the ‘Private Sector Project of the Year’ category. The award nominations highlighted the benefits and ROI BlackLine’s flagship Financial Close Suite has brought to accountancy departments across the globe.
The awards series, hosted by UK-wide IT publication Computer Weekly, honours IT professionals across the UK and Europe that have provided an “excellent approach to technology.” The awards focus on five key areas: networking, security, software, storage and datacentre.
Accountancy/finance managers and compliance executives around the world use BlackLine’s Software-as-a-Service (SaaS)-based offering to automate financial close processes, which are traditionally labour-intensive, manual and time-consuming. The entries for each of the shortlisted categories showcased how BlackLine has transformed vital processes for accounts staff through automation, featuring a case study with Achmea, one of Europe’s most trusted financial services providers, to show how BlackLine helped to reduce time spent on manual, labour-intensive processes and ultimately kept the company on track for its 2014 targets.
The 2014 Computer Weekly European User Awards for Software were held at the 2014 Cloud World Forum, Olympia, London. For the full list of winners, visit: http://www.computerweekly.com/CWUserAwards.
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 Enabling customers to move beyond outdated processes and point solutions to a Continuous Accounting model, in which real-time automation, controls and period-end tasks are embedded within day-to-day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/.