PEUGEOT, SNYDER’S-LANCE AND ULTA BEAUTY AMONG COMPANIES TO EMBRACE CONTINUOUS ACCOUNTING WITH BLACKLINE IN Q3 2017
Company Surpasses 2,000 Customers as Enterprise and Midsize Companies Around the World Continue To Adopt BlackLine Cloud Platform
LOS ANGELES, LONDON, SINGAPORE and SYDNEY – Nov. 2, 2017 – BlackLine, Inc. (Nasdaq: BL), a leading provider of financial automation solutions that enable Continuous Accounting, continues to expand its customer base globally, adding a broad range of both large and midsize companies to its client roster during the third quarter of 2017.
Altogether, 113 net new customers signed on spanning North America, EMEA (Europe, Middle East and Africa) and the Asia-Pacific (APAC)region, deploying BlackLine’s cloud platform to enhance the efficiency and visibility of Finance and Accounting (F&A) and reduce compliance risks.
Among the new customers to come on board in North America were CEC Entertainment (operator of the Chuck E. Cheese’s franchises), Snyder’s-Lance and Ulta Beauty. In EMEA, new customers included Bodycote, Lonza and Peugeot Citroën Automobiles, and in APAC, FWD Life Insurance, Laing O’Rourke and Vicinity Centres were among those that signed on during the third quarter of the year.
BlackLine added customers in all three regions, many now beginning to employ the Continuous Accounting model via the BlackLine cloud platform. Over 186,000 users across more than 2,000 companies in more than 130 countries presently employ BlackLine’s products and solutions to help increase accountant productivity, elevate controls and compliance functions and modernize their F&A operations.
BlackLine is a provider of cloud-based solutions that transform Finance and Accounting (F&A) by automating, centralizing and streamlining financial close operations, intercompany accounting processes and other key F&A processes for large and midsize organizations. Designed to complement virtually all ERP and other financial systems including SAP, Oracle and NetSuite, BlackLine increases operational efficiency, real-time visibility, control and compliance to ensure end-to-end financial close management and accounting automation from 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Enabling customers to move beyond outdated processes and point solutions to a Continuous Accounting model, in which real-time automation, controls and period-end tasks are embedded within day-to-day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 modernize accounting operations with intelligent automation, ensuring more accurate and insightful financial statements and a more efficient financial close. More than 2,000 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 2017 Magic Quadrant for Cloud Financial Corporate Performance Management (FCPM) and as a pioneer in the cloud market for enhanced financial control and automation of FCPM.
Based in Los Angeles, BlackLine also has regional headquarters in London, Singapore and Sydney. For more information, please visit www.blackline.com.