Enterprise and midsize companies worldwide continue to embark on digital financial
transformation journeys with accounting automation software leader
LOS ANGELES , LONDON , SINGAPORE and SYDNEY , May 2, 2019 /CNW/ - Leading financial controls and automation software provider BlackLine, Inc. (BL) 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 2019 with new customers spanning North America , EMEA ( Europe , Middle East and Africa ) and the Asia-Pacific region (ASIAPAC) signing on to deploy BlackLine's cloud platform.
Among the new customers to come on board in North America in Q1 were AFCO Steel, BIC , Cetera Financial, Drexel University , Ellie Mae , The Rose Group (operators of Applebee's, Boston Market, Corner Bakery and other restaurants), Triton International and Waymo (subsidiary of Alphabet Inc.). New international customers included AstraZeneca, Aviva, Blue Prism, Chorus New Zealand, NHS National Services Scotland, Volvo Car Group and Western Power.
Nearly 227,000 users across more than 2,700 companies worldwide presently use BlackLine's products and solutions to help 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, centralizing and streamlining financial close operations, intercompany accounting processes and other key F&A processes for large and midsize organizations. The company is recognized by Gartner as a Leader in its 2018 Magic Quadrant for Cloud Financial Close Solutions and as a pioneer in the cloud market for enhanced financial control and automation.
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 Enabling customers to move beyond outdated processes and point solutions to a Continuous Accounting model, in which real-time automation, controls and period-end tasks are embedded within day-to-day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 2,700 companies with users around the world trust BlackLine to help ensure balance sheet integrity and confidence in their financial statements. Based in Los Angeles , BlackLine also has regional headquarters in London , Singapore and Sydney . For more information, please visit www.blackline.com.
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