LOS ANGELES, LONDON, SINGAPORE and SYDNEY – July 27, 2016 – BlackLine, a leading provider of Enhanced Financial Controls and Automation (EFCA) solutions that enable ‘Continuous Accounting’, is fast expanding its customer base globally, adding a broad range of both large and midsize companies to its client roster during the second quarter of 2016.
A significant volume of new customers signed on in North America, Europe and the Asia-Pacific (APAC) region to deploy BlackLine’s EFCA Platform to enhance the efficiency and visibility of Finance & Accounting (F&A) operations, while reducing compliance risks.
Among the new customers in North America that signed on to use BlackLine’s Finance Controls and Automation Platform during the second quarter were Circle K, Daikin, RGA Enterprise Services, The Vitamin Shoppe, Four Seasons New York and The Rubicon Project. In Europe, new customers included Allianz, Greenval Insurance and Ordina, and in APAC, QSuper, Sibelco and Southern Cross Media Group signed on, testifying to BlackLine’s increasingly robust international business.
BlackLine tallied additional customers in all three regions, many now beginning to employ the Continuous Accounting model via the BlackLine cloud platform. Altogether, more than 135,000 users across 1,400 companies in approximately 100 countries presently depend upon BlackLine to increase accountant productivity and elevate controls and compliance functions to Modern Finance status.
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 Enabling customers to move beyond outdated processes and point solutions to a Continuous Accounting model, in which real-time automation, controls and period-end tasks are embedded within day-to-day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/.