LOS ANGELES – Sept. 10, 2019 – BlackLine, Inc. (Nasdaq: BL) CEO Therese Tucker has been selected as a judge for the Forbes Cloud 100 list for the third year in a row.
The annual Cloud 100 is the “definitive ranking of the top 100 private cloud companies in the world” published by Forbes in collaboration withBessemer Venture Partners and Salesforce Ventures. BlackLine was honored in 2016 with inclusion in the inaugural Forbes Cloud 100. Less than two months later, the financial automation software provider made its debut on the Nasdaq.
The distinguished Cloud 100 judges panel, composed of public cloud company CEOs, evaluates companies based on four factors: market leadership (35%), estimated valuation (30%), operating metrics (20%) and people and culture (15%).
“In just a few years, the Cloud 100 list has established an impressive track record of cementing the reputations of top cloud companies which have continued to achieve notable success, including several, such as BlackLine, which have gone public,” said Byron Deeter, partner at Bessemer Venture Partners. “The Cloud 100 judges’ qualifications precede them. We’re honored that the leading public cloud company CEOs will once again lend their expertise to this year’s list.”
The 2019 Cloud 100 celebration will take place tonight in San Francisco.
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 Enabling customers to move beyond outdated processes and point solutions to a Continuous Accounting model, in which real-time automation, controls and period-end tasks are embedded within day-to-day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/.