LOS ANGELES AND LONDON, Feb. 22, 2016 /PRNewswire/ -- BlackLine's Finance Controls and Automation Platform was named 'Best Accountancy Application' at the 2016 Global Accountancy Awards presented earlier this month by Acquisition International Magazine (AI), a global news magazine focused on corporate finance news and analysis. Launched five years ago in the United Kingdom, AI has rapidly risen to become the publication of choice for more than 500,000 corporate finance professionals in over 170 countries, regularly featuring insights from some of the biggest players in the global corporate finance landscape including KPMG, Ernst & Young, PricewaterhouseCoopers and Deloitte.
The Global Accountancy Awards were created to highlight the vital work done throughout all industries and sectors by the behind-the-scenes experts who ensure that every firm, regardless of size, reputation, geographical location or area of expertise, can be confident in the accuracy of the numbers that drive their business. Winners of the 2016 Global Accountancy Awards were nominated by AI's internal experts, as well as their clients and peers, and selected by AI's editorial staff and panel of industry research partners.
BlackLine is a leading provider of Enhanced Finance Controls and Automation (EFCA) software and the only one that offers a unified cloud platform supporting the entire close-to-disclose process. BlackLine's EFCA Platform helps midsize companies and large enterprises improve the accuracy and reliability of their financial reporting, achieve process efficiencies and improve visibility into their Finance & Accounting (F&A) operations. The platform enables customers to move beyond outdated processes and point solutions to a 'Continuous Accounting' model. With Continuous Accounting, real-time automation, controls and period-end tasks are embedded within day-to-day activities, allowing the rigid accounting calendar to more closely mirror the broader business.
Delivered through a scalable and highly secure cloud model and built from a single code base, the BlackLine platform supports many key F&A processes including the financial close, account reconciliations, intercompany accounting and controls assurance, fueling confidence throughout the entire accounting cycle. Through BlackLine's cloud analytics software, BlackLine Insights, CFOs access real-time data to benchmark, analyze and improve the efficiency and performance of their F&A organizations. The software utilizes live, aggregated and anonymized data collected from BlackLine customers.
In an era of ever-increasing business complexity, transaction volumes and stringent regulatory requirements, BlackLine's platform is purpose-built to transform and modernize mission-critical F&A processes—with enterprise-grade accuracy, automation and transparency. More than 125,000 users across 1,300 companies in approximately 100 countries depend upon BlackLine to increase accountant productivity and elevate controls and compliance functions to Modern Finance status.
BlackLine complements existing enterprise systems for Corporate Performance Management, Governance Risk and Compliance and Enterprise Resource Planning. The BlackLine Financial Close Suite for SAP® Solutions is an SAP-endorsed business solution, joining the ranks of fewer than 40 other software offerings. BlackLine also is an SAP Gold Partner, Oracle Gold Partner, and participates in the partner programs of NetSuite and several other ERP providers.
BlackLine global headquarters are in Los Angeles, with offices in Atlanta, Chicago, London, Melbourne, New York City, Paris, Singapore, Sydney and Vancouver. For more information, please visit www.blackline.com.