Financial software provider recognised for benefits, ROI of cloud-based financial close software suite

Enterprise-class financial software company BlackLine Systems has been shortlisted in the ‘Best Cloud Accounting Suite’ category at the 2014 UK Cloud Awards, recognising the company for the benefits, value and ROI that its flagship Financial Close Suite brings to Accountancy, Finance and Compliance departments in mid-size to large organisations around the world.

The annual awards program, hosted in London, is a joint venture run by the Cloud Industry Forum, CloudPro and techUK, and recognises innovation and excellence in the UK cloud industry. The category of ‘Best Cloud Accounting Suite’ explores the dramatic impact SaaS (Software-as-a-Service) has had on the accounting landscape, highlighting those services which have most effectively helped to improve financial reporting, business processes and internal controls.

For many years, much of the work within accountancy departments has been time-consuming and labour intensive, often open to errors. By developing the first software of its kind, designed to automate these critical accounting processes, BlackLine Systems has helped to improve the lives of accountants in the UK and globally.

BlackLine’s award entry highlighted its work across Europe with customers including Boeing, Eurostar, Kempinski Hotels and Achmea. Other UK-based clients include British Gas, Camelot Lotteries and Tate & Lyle. The company opened offices in London in 2012.

Mario Spanicciati, BlackLine’s executive VP of operations and executive director of EMEA, commented: “We are delighted to be recognised by the UK Cloud Awards this year, particularly as BlackLine only established UK operations a little over a year ago. Continuing to provide excellent customer service is very important to us so it is a real honour to be recognised for this work.”

The UK Cloud Awards ceremony was held at City Hall, London, on 26^th February.  For a full list of winners, visit: http://ukcloudawards.co.uk/.

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 85,000 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.