General Electric Energy, Haynes Int'l, Konica Minolta And Wolfgang Puck Among Companies To Embrace Continuous Accounting With BlackLine In Q1 2017

LOS ANGELES, LONDON, SINGAPORE and SYDNEY, May 4, 2017 /PRNewswire/ -- BlackLine, Inc. (Nasdaq: BL), a leading provider of financial automation solutions that enable Continuous Accounting, continues to expand its customer base globally, adding a broad range of both large and midsize companies to its client roster during the first quarter of 2017.

Altogether, 92 customers signed on spanning North America, Europe and the Asia-Pacific (APAC) region, deploying BlackLine's cloud platform to enhance the efficiency and visibility of Finance and Accounting (F&A) and reduce compliance risks.

Among the new customers to come on board in North America were Boart Longyear International, Fluke Corp., General Electric Energy Connections, Haynes International, Kemper Corporation and Wolfgang Puck Dining Group. In Europe, new customers included Belvar, Konika Minolta and Lottoland, and in APAC, Gate Gourmet, Ixom, Metricon Homes and Orica Global signed on during the first quarter of the year.

BlackLine tallied customers in all three regions, many now beginning to employ the Continuous Accounting model via the BlackLine cloud platform. More than 170,000 users across 1,800 companies in more than 130 countries presently employ BlackLine's products and solutions to help increase accountant productivity, elevate controls and compliance functions and modernize their F&A operations.

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 ERP and other financial systems, BlackLine's cloud platform increases operational efficiency, real-time visibility, control and compliance to ensure end-to-end financial close management and accounting automation.

BlackLine's mission is to continuously improve the quality, accuracy and efficiency of Finance and Accounting by centralizing key functions 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 Enabling customers to move beyond outdated processes and point solutions to a Continuous Accounting model, in which real-time automation, controls and period-end tasks are embedded within day-to-day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 1,800 companies with users in over 130 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 2016 Magic Quadrant for Financial Corporate Performance Management (FCPM) Solutions and as a pioneer of the Enhanced Financial Controls & Automation (EFCA) software category.

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

SOURCE BlackLine

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