LOS ANGELES, Nov. 13, 2015 /PRNewswire/ -- BlackLine took the No. 279 spot on Deloitte's 2015 Technology Fast 500™ ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America – marking the sixth year in a row the finance controls and automation software leader has made the prestigious list. The 2015 rankings are based on percentage fiscal year revenue growth from 2011 to 2014.
BlackLine attributes its success to a constant focus on client satisfaction and increasing market demand for its cloud-based platform on a global basis from both midsize and large organizations looking to improve financial controls, accelerate the financial close and automate key Accounting & Finance processes.
BlackLine also just made the Los Angeles Business Journal annual list of the Top 100 Fastest Growing Private Companies for the seventh year in a row, ranking No. 52 in the Greater Los Angeles region.
Dairy Queen, Perdue Farms, Priceline Group, Spirit Airlines, Spotify, Yodlee and Zendesk are among the customers that have signed on to implement the BlackLIne Finance Controls and Automation Platform since the beginning of the year.
About Deloitte's 2015 Technology Fast 500™
Deloitte's Technology Fast 500 provides a ranking of the fastest growing technology, media, telecommunications, life sciences and energy tech companies – both public and private – in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2011 to 2014.
In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company's operating revenues. Companies must have base-year operating revenues of at least $50,000 USD or CD, and current-year operating revenues of at least $5 million USD or CD. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.
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. The BlackLine Finance Controls and Automation Platform is designed to help midsize companies and large enterprises significantly improve the accuracy of their financial reporting, achieve substantial efficiencies and improve overall visibility into their Finance & Accounting operations. 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 1,200 companies in approximately 100 countries currently leverage 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, Sydney and Vancouver. For more information, please visit www.blackline.com.