LOS ANGELES, Sept. 19, 2013 /PRNewswire/ -- BlackLine Systems CFO Charles Best has been invited to speak today at the Zuora Subscribed 2013 conference in San Francisco. The 2-day event will feature senior executives from leading Cloud computing and subscription economy companies including BlackLine, Box, Dell, Intuit, Google, Marketo and Zuora.
Zuora CEO Tien Tzuo also is expected to showcase BlackLine in his opening remarks, conducting a Q&A on-stage with Best highlighting best practices and the resulting success the enterprise-class financial software company has realized since shifting to a SaaS- (Software-as-a-Service)/subscription-based business model in 2008.
In addition to the opening keynote at 9 a.m. PDT, Best will participate on a panel at 11 a.m. PDT entitled "The CFO's Guide to the Subscription Economy: The Subscription Economy Operating Plan" where he will draw on his experience overseeing the delivery of the BlackLine Financial Close Suite to global clients via a SaaS-based revenue model, as well as on his experience implementing a number of Cloud- and subscription-based tools to improve operating efficiencies internally at BlackLine. Tyler Sloat, Zuora CFO, will moderate the panel.
Under the direction of Best and CEO Therese Tucker, BlackLine revenues have increased more than 50 percent annually for the past six years and are on track to grow by at least that pace in 2013, with revenues up more than 55 percent in the first half of 2013 compared to the same period last year. The company has seen substantial revenue increases since moving to the SaaS business model.
Accounting/Finance managers and Compliance executives around the world use BlackLine to automate traditionally manual, labor-intensive and spreadsheet-driven account reconciliation and financial close processes. BlackLine continues to add clients at an aggressive pace with a long list of global companies already on board including Aflac, AT&T, Boeing, eBay, Eurostar International, Lafarge SA and Northrop Grumman.
BlackLine recently made the Software 500 list of the "largest and best performing software and service providers in the world" for the third year in a row and also has made the prestigious Inc. 500/5000 for the past six years, joining the ranks of such companies as Jamba Juice, Microsoft and Patagonia.
About BlackLine Systems
BlackLine Systems was the first to develop and offer a commercially available Balance Sheet Account Reconciliation solution. An experienced provider of software to companies from the Fortune 100 to beyond the Fortune 1,000, BlackLine provides quick-to-implement, scalable and easy-to-use applications that automate the entire financial close process to help improve financial controls for companies of all sizes. With more than 75,000 users in over 100 countries, BlackLine software applications complement existing Enterprise Performance Management (EPM), Governance Risk and Compliance (GRC) and Enterprise Resource Planning (ERP) systems.
BlackLine offers clients its enterprise-class financial software in a simple and secure OnDemand/SaaS platform. With a proven track record and a commitment to customer success, BlackLine seeks to reduce the burden the financial close places on accounting and finance professionals.
BlackLine headquarters are in Los Angeles, with offices in Atlanta, Chicago, London, Melbourne, New York City and Sydney to serve the company's growing global client base. For more information, please visit www.blackline.com.
Director of Corporate Communications
SOURCE BlackLine Systems