LOS ANGELES, April 8, 2016 – BlackLine, a leading provider of Enhance Finance Controls and Automation (EFCA) software, took the No. 7 spot on the 2016 list of the ‘50 Fastest-Growing Women-Owned/Led Companies’ as ranked by the Women Presidents’ Organization (WPO) (in partnership with American Express and reported at Fortune.com) in the ninth annual listing of top-performing female-led organizations worldwide. 2016 marks the fifth year in a row BlackLine has made the Top 20, and the first year the company ranked in the Top 10, rising from the No. 14 spot in 2015.
Eligible companies are required to be privately held, woman-owned/led and are ranked according to a sales growth formula that combines percentage and absolute growth. The list is open to applicants on a global level provided each company has generated at least $500,000 in annual revenue as of January 1, 2011.
BlackLine CEO Therese Tucker was honored in 2015 by the American Business Awards as ‘Maverick of the Year’ for her continuous accomplishments growing and building the software company into a leader in its space. She was also named to the 2015 socalTECH 50, the annual list of the top 50 people to watch in Southern California. Additionally, BlackLine has made the Software 500 list of the “largest and best performing software and service providers in the world” for the past five consecutive years, the Deloitte Technology Fast 500 list for the past six years, and the prestigious Inc. 500/5000 for the past eight years, joining the ranks of such companies as Jamba Juice, Microsoft and Patagonia.
A recognized leader and inspiration for young entrepreneurs and other women looking to excel in business, Ms. Tucker has been invited to speak to accounting and business students at leading U.S. universities including Harvard Business School, Columbia University/Barnard College and New York University’s Stern School of Management.
The Fortune.com coverage and complete list can be found 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/.