Software Magazine ranks finance controls and automation leader one of world's best-performing software companies; BlackLine also takes No. 4 spot for fastest-growing in $50 to $100 million category
LOS ANGELES, Nov. 23, 2015 /PRNewswire/ -- Finance controls and automation software leader BlackLine has been recognized by Software Magazine for the fifth year in a row as one of the "largest and best-performing" software and services providers in the world. With an overall Software 500 ranking of No. 348, BlackLine also took the No. 4 spot for the fastest-growing company in the $50 to $100 million category worldwide, confirming the growing demand in the marketplace for the company's cloud-based Finance Controls and Automation Platform.
"The Software 500 helps CIOs, senior IT managers and IT staff research and create their short list of business partners," says Thomas Tetreault, publisher/editor-in-chief, Software Magazine. "It is a quick reference of vendor viability. And the online version is searchable by category, making it what we call the online catalog to enterprise software."
The Software 500 is a revenue-based ranking of the world's largest software and services suppliers targeting medium-size to large enterprises, their IT professionals, software developers and business managers involved in software and services purchasing. The 2015 Software 500 ranking is based on total worldwide software and services revenue for 2014.
Financial information for the Software 500 is gathered by a survey prepared by Rockport Custom Publishing, LLC. Go to www.softwaremag.com to see the complete 2015 Software 500 which was released in the November issue as both a print and digital publication.
About BlackLine
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.
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SOURCE BlackLine
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