CANADIAN PACIFIC RAILWAY, PRET A MANGER, TRAVELEX AND WD-40 AMONG COMPANIES TO EMBRACE CONTINUOUS ACCOUNTING WITH BLACKLINE IN Q1
Enterprise and midsize companies worldwide continue to automate F&A with 290M+ accounts reconciled, 4.5B+ transactions matched by BlackLine customers in 2017
LOS ANGELES, LONDON, SINGAPORE and SYDNEY – May 3, 2018 – 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 first quarter of 2018.
The company also continues to expand usage of its flagship accounting automation platform, with more than 290 million accounts reconciled and over 4.5 billion transactions matched by BlackLine customers just last year, greatly enhancing the efficiency and visibility of Finance and Accounting (F&A) and reducing compliance risks.
Among the new customers to come on board in North America in Q1 were Amsted Rail, Aviation Capital, Canadian Pacific Railway, Reliance Standard Life Insurance and Silgan Plastics. In EMEA (Europe, Middle East and Africa), new customers included Axiom Telecom, Infineon Technologies, Pret a Manger, Travelex and WD-40; and in the Asia-Pacific region, Allied Pinnacle, Canon Australia and Inchcape Australia were among those that signed on during the first 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 200,000 users across more than 2,200 companies in approximately 150 countries presently employ BlackLine’s products and solutions to help increase accountant productivity, reduce risk, elevate controls and compliance functions and modernize their F&A operations.