LOS ANGELES, LONDON and SYDNEY – Jan. 21, 2015 — Leading finance controls and automation software company BlackLine has surpassed the 1,000-client mark as global companies accelerate adoption of the company’s cloud platform for finance controls and automation. A host of new mid-size and enterprise-level organizations join an already impressive list of BlackLine client companies around the world that are using the leading cloud platform to transform their existing Finance and Accounting departments into leading-edge Modern Finance organizations.
BlackLine provides a range of tightly integrated applications and packaged solutions that automate and accelerate the financial close and other key accounting and finance processes – from within a single, unified cloud-based platform. Leading companies of all sizes are now integrating finance controls and automation solutions as part of their efforts to transform legacy, back-office operations into world-class, Modern Finance organizations with greater efficiencies and reduced compliance risk.
Agilent Technologies, Eventbrite, Fender Musical Instruments, GoDaddy and Serta Simmons Bedding are just a few of the new BlackLine clients that have recently signed on in North America. BlackLine is also experiencing strong uptake in the EMEA (Europe, Middle East and Africa) and APAC (Asia-Pacific) regions, recently adding Lord Suisse, RSA Insurance Group and Spotify in Europe and Brightstar Logistics, eNett Services and Nuplex Industries in Australia. BlackLine was created to automate highly repetitive, manual accounting and finance tasks—tying up all the loose ends to liberate accountants to apply their talents to more strategic pursuits. The company’s introduction of its pioneering account reconciliation software in 2005 signified the development of an entirely new category of business technology, one erasing the drudgery, inefficiency and risk inherent in the previously manual, spreadsheet-based process, while offering unparalleled visibility into the underlying financial data.
Since then, BlackLine has added many new automated functions to its cloud-based technology platform, many created in tandem with the company’s enterprise and mid-market customers.
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/.