LOS ANGELES – June 9, 2016 – Alain Avakian, CTO of BlackLine, a leading provider of financial controls and automation solutions that enable ‘Continuous Accounting’, has been named ‘CTO of the Year’ by the Los Angeles Business Journal.
Mr. Avakian joined BlackLine in 2014 with more than 25 years of experience at several growing Internet companies where he was instrumental in providing the technology vision, strategy and leadership to help organizations scale their technology operations.
Avakian’s win highlights BlackLine’s commitment to performance and providing customers with exceptional service, as well as the tools they need, when they need them.
BlackLine currently maintains industry-leading application uptimes, putting the company’s performance in a league with the likes of Salesforce, Workday, Netsuite, Amazon Web Services and Concur. In addition, BlackLine has broken new ground in the area of data warehousing sharded by tenant by architecting and deploying a near real-time data warehouse –a first in the industry- and tripled the size of its development team in a highly competitive employment market.
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 Enabling customers to move beyond outdated processes and point solutions to a Continuous Accounting model, in which real-time automation, controls and period-end tasks are embedded within day-to-day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/.