ENTERPRISE AND MIDSIZE COMPANIES AROUND THE WORLD CONTINUE TO ADOPT BLACKLINE FINANCE CONTROLS AND AUTOMATION PLATFORM
Houghton Mifflin Harcourt, Malaysia Airlines, Roku and Trivago among New Customers to Embrace Modern Finance with BlackLine in Q4; Company Adds Nearly 400 Customers in 2015
LOS ANGELES, LONDON and SYDNEY – Feb. 11, 2016 – BlackLine, a leading provider of enhanced finance controls and automation (EFCA) software, today announced that it added 393 new customers in 2015, bringing the total customer base to more than 1,300 worldwide. Nearly half (46 percent) of the new customers that came on board during 2015 are mid-market companies, a growing segment of the company’s business.
Large enterprises and midsize companies around the globe are adopting BlackLine’s EFCA Platform to help improve efficiencies, increase visibility and reduce risk in Finance & Accounting (F&A), with many F&A teams beginning to employ a Continuous Accounting model through the BlackLine cloud platform. Charles River Laboratories, Houghton Mifflin Harcourt, Nixon Peabody LLC, Roku and San Diego Zoo are among the new BlackLine customers that signed on during the fourth quarter of 2015 in North America. Continuing to show strength in its international business, the company reported that 20 percent of the new 2015 customers are based outside of North America – up from 16 percent a year ago. New customers that came on board in Europe in the fourth quarter include H&H Ferries and Trivago, among others. BlackLine also is experiencing growth in the APAC (Asia Pacific) region with the fourth quarter additions of customers such as Kelly Services Australia and Malaysia Airlines.
Other brands that signed on to use BlackLine earlier in 2015 include Dairy Queen, Perdue Farms, Priceline Group, Shell, Shopify and Yodlee. The new customers join a long list of companies that are already using BlackLine to modernize their F&A operations.