LOS ANGELES, Nov. 14, 2011 /PRNewswire/ -- Based on the "outstanding achievements" of CEO and founder Therese Tucker, financial software provider BlackLine Systems has been recognized as a Finalist in three categories in The 8th Annual Stevie® Awards for Women in Business:
- Fastest-Growing Company of the Year
- Best Overall Company of the Year, Non-Services Businesses up to 100 Employees
- Best Entrepreneur, Non-Services Business up to 100 Employees
The Stevie Awards for Women in Business honor women executives, entrepreneurs and the companies they run – worldwide. The Stevie Awards have been hailed as the world's premier business awards. More than 1,300 entries – a record for the competition – were submitted this year for consideration.
Under Tucker's direction, BlackLine revenues were up by more than 50 percent in both 2009 and 2010. The company also is already recording strong growth in 2011, with its sales team closing nearly as many new deals in the first six months of 2011 alone as in the entire calendar year 2010. The 2009 growth follows three sequential previous years where the company's revenues doubled.
BlackLine continues to add clients at an aggressive pace with a long list of global companies already on board including AT&T, Boeing, Costco, eBay and Northrop Grumman.
Finalists were chosen by business professionals worldwide during preliminary judging. Nicknamed the Stevies for the Greek word "crowned," winners were announced during a gala event at the Marriott Marquis Hotel in New York on Friday, Nov. 11. Nominated women executives and entrepreneurs from the U.S.A. and several other countries attended. The presentations were broadcast live on radio in the U.S.A. by the Business TalkRadio Network.
Founded in 2001, 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. 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 software in a simple and easy to use 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. For more information, please visit www.blackline.com.
SOURCE BlackLine Systems