LOS ANGELES, Oct. 18, 2016 /PRNewswire/ -- Ventana Research has selected BlackLine, a leading provider of financial controls and automation software, for a 2016 Technology Innovation Award for "business innovation in the office of the CFO."
BlackLine's Finance Controls and Automation Platform was recognized for delivering a fresh approach to Finance & Accounting known as Continuous Accounting, a model in which automation, control and tasks typically not performed until the period-end, are embedded directly within day-to-day activities, allowing the rigid accounting calendar to more closely mirror the dynamic nature of actual business cycles.
The Technology Leadership Awards cover 30 business and technology categories spanning big data to mobile technology to CIO and CFO awards. Submissions were evaluated by Ventana Research based on an established set of criteria. A complete list of categories, winners and the judging criteria can be found at www.ventanaresearch.com/awards.
About BlackLine
BlackLine is a provider of cloud-based solutions for Finance & Accounting (F&A) that centralize and streamline financial close operations and other key F&A processes for midsize and large organizations. Designed to complement ERP and other financial systems, the BlackLine Finance Controls & Automation Platform increases operational efficiency, real-time visibility, control and compliance to ensure end-to-end financial close management, fueling confidence throughout the entire accounting cycle.
BlackLine's mission is to continuously improve the quality, accuracy and efficiency of Finance & 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 Enabling customers to move beyond outdated processes and point solutions to a Continuous Accounting model, in which real-time automation, controls and period-end tasks are embedded within day-to-day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 achieve Modern Finance status, ensuring more accurate and insightful financial statements and a more efficient financial close. More than 1,500 companies with users in approximately 120 countries around the world trust BlackLine to 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.
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SOURCE BlackLine
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