BlackLine Joins Elite Group of Companies that Have Made the Prestigious Inc. 500/5000 List for 8 Consecutive Years

Finance controls and automation software leader shows 3-year sales growth of 263%

Aug 12, 2015, 13:01 ET from BlackLine

LOS ANGELES, Aug. 12, 2015 /PRNewswire/ -- BlackLine, a leading provider of finance controls and automation software, has been named to the 2015 Inc. 500/5000 list, an exclusive ranking of the nation's fastest-growing private companies, for the eighth year in a row.  In the 34 years that Inc. has been tracking America's fastest-growing private companies, fewer than 150 organizations have accomplished this feat.  In making the list, BlackLine joins such prestigious brands as Microsoft, Jamba Juice and Patagonia.

The 2015 Inc. 500/5000 companies are ranked according to percentage revenue growth comparing 2011 to 2014.  BlackLine achieved the No. 1555 spot nationally in the software industry sector, demonstrating 263 percent growth in the time period.  To view the complete BlackLine profile, please visit http://www.inc.com/profile/blackline.

"The story of this year's Inc. 5000 is the story of great leadership.  In an incredibly competitive business landscape, it takes something extraordinary to take your company to the top," says Inc. President and Editor-in-Chief Eric Schurenberg.  "The average company on the Inc. 5000 grew nearly six-fold since 2012.  Business owners don't achieve that kind of success by accident."

BlackLine provides a host of tightly integrated applications and packaged solutions that automate and accelerate the financial close and other key accounting and finance processes – from within a single, unified cloud-based platform.  Leading companies of all sizes are now integrating finance controls and automation solutions as part of their efforts to transform legacy, back-office operations into world-class, 'Modern Finance' organizations with greater efficiencies and reduced compliance risk. 

Many of the world's largest organizations, including Boeing, Costco, Dow Chemical, eBay and Northrop Grumman, use BlackLine to ensure greater accuracy in the numbers, mitigate compliance risk and improve their bottom lines.  In the past three years, the company also has tripled its number of employees and clients (to more than 1,100 companies) and quadrupled its annual revenues and number of users. 

Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000.

About BlackLine

BlackLine is a leading provider of Enhanced Finance Controls and Automation (EFCA) software and the only provider that offers a unified cloud platform supporting the entire close-to-disclose process.  The BlackLine Finance Controls and Automation Platform is designed to help midsize companies and large enterprises strengthen controls, lower compliance risks and gain greater efficiencies and visibility. Delivered through a scalable and highly secure cloud model and built from a single code base, the platform supports many key accounting and financial processes including the financial close, account reconciliations, intercompany accounting and controls assurance, fueling confidence throughout the entire accounting cycle.

More than 110,000 users across 1,100 global companies in over 100 countries currently leverage BlackLine to increase accountant productivity and elevate controls and compliance functions to 'Modern Finance' status, with customers comprising more than 25 of the Fortune 100 and over 100 of the Fortune 500. 

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, Sydney and Vancouver.  For more information, please visit www.blackline.com.

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SOURCE BlackLine



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