LOS ANGELES, LONDON AND SYDNEY – Nov. 17, 2015 – BlackLine, a leading provider of finance controls and automation software, today announced its latest platform release featuring a number of new products and features designed to enable Finance & Accounting (F&A) departments to benchmark team performance, improve visibility into global operations, and enhance communication and collaboration across their entire organizations.
Key products included in the release are BlackLine Insights, benchmark analytics software that gives CFOs, controllers and accountants the real-time data needed to benchmark, analyze and improve the efficiency and performance of mission-critical F&A processes; BlackLine Mobile, which provides near real-time dashboard reporting and the ability to approve and check the status of account reconciliations from a mobile device; Trust.BlackLine.com, a site that provides near real-time visibility into BlackLine’s uptime and performance; and Intercompany Settlement, an enhancement of BlackLine’s Intercompany Hub, the industry’s first enterprise-class clearinghouse for intercompany transactions.
“We are very excited about the new functionality provided in this latest BlackLine release as it continues to deliver on our goal of providing customers with unprecedented control, visibility and efficiency across the entire organization,” said Therese Tucker, CEO and founder of BlackLine.
Some additional detail on the key enhancements and additions to BlackLine’s Modern Finance Platform:
The latest BlackLine release also includes new features for enhanced reporting functionality, increased collaboration abilities and more streamlined work flow. BlackLine Insights, BlackLine Mobile App, Trust.BlackLine.com and Intercompany Settlement are currently available to BlackLine customers. For more information, click here.
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/.