LOS ANGELES, April 8, 2016 /PRNewswire/ -- BlackLine, a leading provider of Enhance Finance Controls and Automation (EFCA) software, took the No. 7 spot on the 2016 list of the '50 Fastest-Growing Women-Owned/Led Companies' as ranked by the Women Presidents' Organization (WPO) (in partnership with American Express and reported at Fortune.com) in the ninth annual listing of top-performing female-led organizations worldwide. 2016 marks the fifth year in a row BlackLine has made the Top 20, and the first year the company ranked in the Top 10, rising from the No. 14 spot in 2015.
Eligible companies are required to be privately held, woman-owned/led and are ranked according to a sales growth formula that combines percentage and absolute growth. The list is open to applicants on a global level provided each company has generated at least $500,000 in annual revenue as of January 1, 2011.
BlackLine CEO Therese Tucker was honored in 2015 by the American Business Awards as 'Maverick of the Year' for her continuous accomplishments growing and building the software company into a leader in its space. She was also named to the 2015 socalTECH 50, the annual list of the top 50 people to watch in Southern California. Additionally, BlackLine has made the Software 500 list of the "largest and best performing software and service providers in the world" for the past five consecutive years, the Deloitte Technology Fast 500 list for the past six years, and the prestigious Inc. 500/5000 for the past eight years, joining the ranks of such companies as Jamba Juice, Microsoft and Patagonia.
A recognized leader and inspiration for young entrepreneurs and other women looking to excel in business, Ms. Tucker has been invited to speak to accounting and business students at leading U.S. universities including Harvard Business School, Columbia University/Barnard College and New York University's Stern School of Management.
The Fortune.com coverage and complete list can be found here.
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 The platform enables customers to move beyond outdated processes and point solutions to a 'Continuous Accounting' model.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.
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