LOS ANGELES and LONDON and SINGAPORE and SYDNEY, Nov. 30, 2016 /PRNewswire/ -- BlackLine (Nasdaq: BL), a leading provider of Enhanced Financial
Controls and Automation (EFCA) 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 third quarter of 2016.
Customers signed on in North America, Europe and the
Asia-Pacific (APAC) region, deploying BlackLine's EFCA Platform to
enhance the efficiency and visibility of Finance & Accounting (F&A) operations and reduce compliance risks.
Among the new customers to come on board in North America were C&S Wholesale Grocers,
Crabtree & Evelyn, First Data Corp. GoPro and Zimmer. In Europe, new customers included British Polythene Industries,
SIS and City & Guilds, and in APAC, Linde Gas, Macquarie University and Ventia signed on during the third quarter.
BlackLine tallied additional customers in all three regions, many now beginning to employ the Continuous Accounting model via the
BlackLine cloud platform. Altogether, more than 156,000 users across 1,600 companies in more than 120 countries presently employ
BlackLine's products to help increase accountant productivity and elevate controls and compliance functions to Modern Finance
status.
About BlackLine
BlackLine is a provider of cloud-based
solutions for Finance & Accounting (F&A) that centralize and streamline financial close operations and other key
F&A processes for midsize and large organizations. Designed to complement ERP and other financial systems, the
BlackLine Finance Controls
& Automation Platform increases operational efficiency, real-time visibility, control and compliance to ensure end-to-end
financial close management, fueling confidence throughout the entire accounting cycle.
BlackLine's mission is to continuously improve the quality, accuracy and efficiency of Finance & Accounting by
centralizing 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 Enabling customers to move beyond outdated processes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 achieve Modern Finance status, ensuring more accurate and insightful financial
statements and a more efficient financial close. More than 1,600 companies with users in over 120 countries around the world
trust BlackLine to ensure balance sheet integrity and confidence in their financial statements.
BlackLine is recognized by Gartner as a Leader in its 2016 Magic Quadrant for Financial Corporate Performance Management
(FCPM) Solutions and as a pioneer of the Enhanced Financial Controls & Automation (EFCA) software category.
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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SOURCE BlackLine