BlackLine Names Cloud And Business Software Veteran To Oversee Growth In APAC

Terry Smagh to spearhead Asia-Pacific regional expansion following nearly 20 years with leading software companies including Hyperion, IBM, Informatica and Qlik

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BlackLine

Jul 02, 2018, 09:00 ET

LOS ANGELES and SINGAPORE and SYDNEY, July 2, 2018 /PRNewswire/ -- BlackLine, Inc. (Nasdaq: BL) has announced that cloud and business software veteran Terry Smagh has joined the financial automation software provider as senior vice president overseeing the Asia-Pacific (APAC) region. In this role based in Singapore, Mr. Smagh will be responsible for spearheading the company's ongoing regional growth strategy including working with partners to accelerate customer acquisition.

Smagh comes to BlackLine with nearly 20 years of experience in financial software, business intelligence and data analytics having held senior APAC positions with leading organizations including Hyperion, IBM, Informatica and Qlik. Most recently, Smagh was executive leader for IBM's Asia-Pacific cloud and analytics business where he was responsible for supporting partner development and overall enterprise sales momentum in hybrid cloud software, cloud services and analytics solutions. Prior to that, he was managing director and vice president for Asia at Qlik where he successfully developed customized enterprise sales, channel and marketing operations models across the region and accelerated new office openings in key APAC business centers.

"Terry's deep leadership experience and proven track record helping scale organizations throughout APAC will be invaluable as we look to grow and expand in Australia, the ASEAN countries and the broader Asia region," said Marc Huffman, chief operating officer, BlackLine. "Terry understands the intricacies and differences across APAC cultures, business practices and economies. His astute understanding of our diverse customer base in the region will be a key differentiator as we continue to support finance and accounting professionals in their transition to a Continuous Accounting model, automating traditionally manual, labor-intensive and spreadsheet-driven account reconciliation and financial close processes."

BlackLine currently has more than 150 customers based in the Asia-Pacific region, including ANZ Banking Group, Cold Storage, Coopervision, DuluxGroup, NETS, Qantas Airways, Scoot Tigerair and Tabcorp Holdings, with sales, professional services and technical support team employees based in Australia, Hong Kong, Malaysia, Philippines and Singapore.

About BlackLine
BlackLine is a provider of cloud-based solutions that transform Finance and Accounting (F&A) by automating, centralizing and streamlining financial close operations, intercompany accounting processes and other key F&A processes for large and midsize organizations. Designed to complement virtually all ERP and other financial systems including SAP, Oracle and NetSuite, BlackLine increases operational efficiency, real-time visibility, control and compliance to ensure end-to-end financial close management and accounting automation from within a single, unified cloud platform.

Enabling customers to move beyond outdated processes and point solutions to a Continuous Accounting model, in which real-time automation, controls and period-end tasks are embedded within day-to-day activities, BlackLine helps companies modernize accounting operations with intelligent automation, ensuring more accurate and insightful financial statements and a more efficient financial close. More than 2,200 companies with users in approximately 150 countries around the world trust BlackLine to help ensure balance sheet integrity and confidence in their financial statements.

BlackLine is recognized by Gartner as a Leader in its 2017 Magic Quadrant for Cloud Financial Corporate Performance Management (FCPM) and as a pioneer in the cloud market for enhanced financial control and automation of FCPM.

Based in Los Angeles, BlackLine also has regional headquarters in London, Singapore and Sydney. For more information, please visit www.blackline.com.

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SOURCE BlackLine