BlackLine team celebrating recognition at 2015 Business Finance Awards - Global Banking & Finance Review
The image showcases the BlackLine team celebrating their nomination for Software Product of the Year at the 2015 Business Finance Awards, highlighting their innovative finance automation platform.
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BLACKLINE SHORTLISTED FOR SOFTWARE PRODUCT OF THE YEAR AT 2015 BUSINESS FINANCE AWARDS

Published by Gbaf News

Posted on March 19, 2015

2 min read
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BlackLine Recognised at Prestigious Awards

BlackLine has been recognised in the category of ‘Software Product of the Year’ at the 2015 Business Finance Awards. The awards, which took place in London last night, recognise excellent work of C-level finance executives and their teams over the past 12 months.

Finance Controls and Automation Platform Shortlisted

BlackLine was shortlisted for the time and cost savings of its BlackLine Finance Controls and Automation Platform , launched in October 2014, which automates and controls key finance and accounting processes including journal entry, task management and intercompany clearing. The company announced its 1,000th customer in February 2015 and is continuing to see considerable adoption of the new platform.

Importance of Modern Finance Approach

“It is increasingly important for CFOs and financial directors to adopt a modern finance approach when it comes to their processes,” says Mario Spanicciati, Executive Director of BlackLine EMEA. “There are now more options available than ever before to help finance teams get the most from their data, ensuring accuracy and security.

Survey Highlights Data Accuracy Concerns

“A recent survey by BlackLine found that only a quarter of financial decision makers trust the accuracy of their data,” he continues. “This is a huge number and it’s important that finance directors are aware of the options available to them. We are delighted to have been recognised in this year’s Business Finance Awards and hope that we can continue to help finance teams to achieve their goals through a modern finance approach”.

Event Details and Further Information

The FD Business Finance Awards took place on 11th March at the Royal Garden Hotel, London. For a full list of winners and finalists, visit: http://events.financialdirector.co.uk/businessfinanceawards/static/home

Key Takeaways

  • BlackLine was shortlisted for 'Software Product of the Year' at the 2015 Business Finance Awards in London.
  • The recognition was for its Finance Controls and Automation Platform launched in October 2014, which streamlines journal entry, task management, and intercompany clearing.
  • By February 2015, BlackLine had secured its 1,000th customer, indicating strong adoption of the platform.
  • A BlackLine survey revealed that only 25% of financial decision‑makers trust the accuracy of their data, underscoring the need for modern finance solutions.

References

Frequently Asked Questions

What award was BlackLine shortlisted for?
BlackLine was shortlisted in the ‘Software Product of the Year’ category at the 2015 Business Finance Awards.
What does the Finance Controls and Automation Platform do?
It automates key finance and accounting processes—including journal entry, task management and intercompany clearing—providing time and cost savings.
When was the platform launched and what milestone did it achieve?
The platform launched in October 2014 and by February 2015 BlackLine announced its 1,000th customer.
Why is modern finance automation important?
Only a quarter of financial decision‑makers trust the accuracy of their data, so modern automation helps ensure accuracy, efficiency and security.

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