Outsource Partners International to Offer Automated Account Reconciliation Software from BlackLine Systems to Global Client Base

CALABASAS, Calif., Dec. 8, 2010 /PRNewswire/ -- Leading professional services firm Outsource Partners International (OPI) has partnered with financial software provider BlackLine Systems to bring BlackLine's automated account reconciliation and financial close software to OPI's global client base, mainly comprised of large organizations looking to outsource accounting and finance department functions.

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OPI also will be using BlackLine to automate its internal account reconciliation process.

"The business benefits of outsourcing extend well beyond cost savings to include improved efficiency, effectiveness, flexibility, quality and compliance," Clarence Schmitz, CEO, OPI, said.  "By integrating BlackLine into their outsource strategies, we believe OPI can offer our clients all of the above and help them emerge better able to support the operational and strategic demands of their business."

OPI is among a growing number of firms to have several professionals who are 'BlackLine Certified Implementers,' having completed a comprehensive training course designed to give partners the necessary skills to implement the BlackLine Financial Close Software Suite.

"With the large and growing number of companies expected to move to an outsourced finance function, partnering with OPI will be an important part of our growth strategy over the next several years," Therese Tucker, CEO, BlackLine, said.  "Software by itself won't improve a company's finance organization or processes.  We rely on partners such as OPI that have extensive experience in finance transformation to provide additional value to our clients."

About Outsource Partners International, Inc.

Outsource Partners International (OPI) is a professional services firm dedicated to the outsourcing of finance & accounting business processes, analytics and related consulting & advisory services.  OPI has more than 3,700 professionals operating in its offices throughout the United States, India, United Kingdom, Bulgaria and Malaysia.

OPI's highly-skilled accounting and business professionals draw upon best-in-class practices, a continuous improvement focus, offshore talent and enabling technologies, to optimize clients' finance functions and transform operations.

Benefits realized by OPI clients extend well beyond cost savings, and include improved efficiency, effectiveness, flexibility, quality and compliance.  By adopting an outsourced strategy and actively partnering with OPI in the success and renewal of the finance, accounting, tax and analytics functions, these leading companies emerge better able to support the operational and strategic demands of their business.

For more information about OPI and finance and accounting solutions, visit www.opiglobal.com.

About BlackLine

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 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.  For more information, please visit www.blackline.com.

SOURCE BlackLine Systems

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