LOS ANGELES – April 22, 2020 – Leading online peer reviews platform G2 recently announced that BlackLine, Inc. (Nasdaq: BL) took the No. 9 spot on its 2020 list of the ‘Best Products for Finance’ – the only financial close software provider to make the top 10 and ahead of such industry giants as IBM, Oracle and Workday. BlackLine also rated highest for ‘Market Presence’ and ‘Satisfaction’ in the enterprise financial close category.
G2’s 'Best Software Awards and Lists' rank the world’s best software companies and products based on authentic, timely reviews from real users. BlackLine also earned several Spring 2020 Awards from G2 including ‘Leader Enterprise’, ‘Leader Europe’, ‘Momentum Leader’ and ‘High-Performer Mid-Market’.
"With nearly 60,000 software companies on G2, BlackLine is honored to be recognized as providing one of the world's best software products for Finance & Accounting professionals, an achievement that could only be earned through the endorsement of our global community of users," BlackLine CEO Therese Tucker said. “We are so thankful for the continued advocacy and support of our valued customers, particularly during these difficult times. We are committed to continuing to provide a collaborative accounting experience even as a majority of our users are now working from home.”
G2 created the 2020 lists based on data from over a million authentic, verified customer reviews spanning 77,381 software products from 57,844 companies. Winners were determined based on reviews left between Jan. 1, 2019 and March 3, 2020. All scores were calculated using G2’s algorithms, including for Satisfaction and Market Presence, explained in detail here.
“This isn’t a subjective list based on a few peoples’ opinions,” explains G2 CEO Godard Abel. “With the highest traffic and engagement, largest selection of product and services, and highest quality data, G2 analyzes more than four million data points to determine which products and companies make the lists.”
As of March 16th, BlackLine customers had posted 425 reviews at G2.com. Here’s what some are saying about BlackLine:
The G2 accolades come on the heels of BlackLine’s recent selection as a Customers’ Choice for Cloud Financial Close Solutions at Gartner’s Peer Insights reviews site.
Companies come to BlackLine, Inc. (Nasdaq: BL) because their traditional manual accounting processes are not sustainable. BlackLine’s cloud-based solutions and market-leading customer service help companies move to modern accounting by unifying their data and processes, automating repetitive work, and driving accountability through visibility. BlackLine provides solutions for financial close management, accounting automation, and intercompany governance, helping large enterprises and midsize companies across all industries do accounting work better, faster, and with more control.
More than 3,000 customers trust BlackLine to help them close faster with complete and accurate results. The company is the pioneer and recognized Leader in Gartner’s 2019 Magic Quadrant for Cloud Financial Close Solutions. Based in Los Angeles, BlackLine also has regional headquarters in London, Singapore and Sydney. For more information, please visit blackline.com.
BlackLine Forward-looking Statements
This release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by terminology such as “may,” “will,” “should,” “could,” “expect,” “plan,” anticipate,” “believe,” “estimate,” “predict,” “intend,” “potential,” “would,” “continue,” “ongoing” or the negative of these terms or other comparable terminology. Forward-looking statements in this release include statements regarding our growth plans and opportunities.
Any forward-looking statements contained in this press release are based upon BlackLine’s current plans, estimates and expectations and are not a representation that such plans, estimates, or expectations will be achieved. Forward-looking statements are based on information available at the time those statements are made and/or management’s good faith beliefs and assumptions as of that time with respect to future events and are subject to risks and uncertainties. If any of these risks or uncertainties materialize or if any assumptions prove incorrect, actual performance or results may differ materially from those expressed in or suggested by the forward-looking statements. These risks and uncertainties include, but are not limited to, risks related to the Company’s ability to execute on its strategies, attract new customers, enter new geographies and develop, release and sell new features and solutions; and other risks and uncertainties described in the other filings we make with the Securities and Exchange Commission from time to time, including the risks described under the heading “Risk Factors” in our Annual Report on Form 10-K. Additional information will also be set forth in our Quarterly Reports on Form 10-Q.
Forward-looking statements should not be read as a guarantee of future performance or results, and you should not place undue reliance on such statements. Except as required by law, we do not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments or otherwise.