Financial software company shortlisted in two categories highlighting benefits, ROI of flagship financial close suite
LONDON and LOS ANGELES — Enterprise-class financial software company BlackLine Systems was honoured at last night’s 2014 Computer Weekly European User Awards for Software, winning ‘Supplier of the Year’, for its work implementing account reconciliation and financial close software to automate traditionally manual accounting processes at Pan-European insurance provider Achmea. BlackLine also was shortlisted in the ‘Private Sector Project of the Year’ category. The award nominations highlighted the benefits and ROI BlackLine’s flagship Financial Close Suite has brought to accountancy departments across the globe.
The awards series, hosted by UK-wide IT publication Computer Weekly, honours IT professionals across the UK and Europe that have provided an “excellent approach to technology.” The awards focus on five key areas: networking, security, software, storage and datacentre.
Accountancy/finance managers and compliance executives around the world use BlackLine’s Software-as-a-Service (SaaS)-based offering to automate financial close processes, which are traditionally labour-intensive, manual and time-consuming. The entries for each of the shortlisted categories showcased how BlackLine has transformed vital processes for accounts staff through automation, featuring a case study with Achmea, one of Europe’s most trusted financial services providers, to show how BlackLine helped to reduce time spent on manual, labour-intensive processes and ultimately kept the company on track for its 2014 targets.
The 2014 Computer Weekly European User Awards for Software were held at the 2014 Cloud World Forum, Olympia, London. For the full list of winners, visit: http://www.computerweekly.com/CWUserAwards.
About BlackLine Systems
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. With more than 100,000 users in over 100 countries, BlackLine software applications complement existing Enterprise Performance Management (EPM), Governance Risk and Compliance (GRC) and Enterprise Resource Planning (ERP) systems.
Though ERP-agnostic, the BlackLine Financial Close Suite for SAP® Solutions is an SAP-endorsed business solution - joining the ranks of fewer than 40 other software offerings globally that are endorsed by the enterprise application software leader. BlackLine also is an SAP Gold Partner.
BlackLine offers clients its enterprise-class financial software in a simple and secure SaaS (Software-as-a-Service) 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.
BlackLine headquarters are in Los Angeles, with offices in Atlanta, Chicago, London, Melbourne, New York City and Sydney to serve the company’s growing global client base. For more information, please visit www.blackline.com.