LOS ANGELES and LONDON and SINGAPORE and SYDNEY, Feb. 23, 2017 /PRNewswire/ -- BlackLine, Inc. (Nasdaq: BL), a leading provider of financial automation 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 fourth quarter of 2016.
Customers signed on in North America, Europe and the Asia-Pacific (APAC) region, deploying BlackLine's cloud platform to enhance the efficiency and visibility of Finance & Accounting (F&A) and reduce compliance risks.
Among the new customers to come on board in North America were Aramark Services, James Hardie Building Products, Rand McNally & Co., Rayonier and Sargento Foods. In Europe, new customers included Crelan, Novomatic, GKN Group Services and Synthomer, and in APAC, Heritage Bank, Incitec Pivot, Vita Group and the University of Melbourne signed on during the fourth quarter.
BlackLine tallied customers in all three regions, many now beginning to employ the Continuous Accounting model via the BlackLine cloud platform. Altogether, nearly 167,000 users across 1,700 companies in more than 130 countries presently employ BlackLine's products and solutions to help increase accountant productivity, elevate controls and compliance functions and modernize their F&A operations.
BlackLine is a provider of cloud-based solutions that transform Finance & 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. 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 & 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 Enabling customers to move beyond outdated processes and point solutions to a Continuous Accounting model, in which real-time automation, controls and period-end tasks are embedded within day-to-day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 modernize accounting operations with intelligent automation, ensuring more accurate and insightful financial statements and a more efficient financial close. More than 1,700 companies with users in over 130 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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