LOS ANGELES, LONDON, SINGAPORE and SYDNEY – Nov. 6, 2019 – Leading financial controls and automation software provider BlackLine, Inc. (Nasdaq: BL) continued to expand its global customer base during the third quarter of 2019, adding a broad range of large and midsize companies to its client roster from North America, EMEA (Europe, Middle East and Africa) and the Asia-Pacific region (ASIAPAC).
Among the new customers in North America in Q3 were American Chemical Society, Camping World, Chevron Phillips Chemical Company, Covata Energy, Sharp Electronics, Travelzoo and Vocera Communications. New international customers included Australian Community Media, G8 Education, HaskoningDHV, Poclain Hydraulics and Super Awesome.
Nearly 245,000 users across nearly 2,900 companies worldwide use BlackLine’s solutions to increase accountant productivity, reduce risk, elevate controls and compliance functions and modernize their Finance & Accounting operations. In 2018 alone, more than 187 million reconciliations were auto-certified and over 3.5 billion transactions matched by BlackLine customers.
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 Enabling customers to move beyond outdated processes and point solutions to a Continuous Accounting model, in which real-time automation, controls and period-end tasks are embedded within day-to-day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/.