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About BlackLine
Industries
Enterprise Software
Fintech
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Los Angeles, California
Founded
2001
Overview
Company Does Not Provide H1B Sponsorship
BlackLine provides cloud-based solutions designed to automate and streamline financial close processes for finance and accounting departments. Its platform allows businesses, particularly large enterprises and multinational corporations, to enhance their financial operations by improving efficiency and accuracy. Clients subscribe to BlackLine's services through a Software-as-a-Service (SaaS) model, paying a recurring fee based on user numbers or transaction volumes. This model not only ensures consistent revenue but also allows BlackLine to offer additional services like training and consulting. Unlike many competitors, BlackLine focuses specifically on the needs of large organizations, making it a significant player in the fintech sector with a strong global presence.
Simplify's Take
What believers are saying
- Increased demand for real-time insights boosts adoption of BlackLine's Studio360 platform.
- Expansion in Bengaluru aims to drive global growth and innovation for BlackLine.
- Recognition as Most Innovative FinTech Solution attracts clients seeking cutting-edge solutions.
What critics are saying
- Emerging fintech startups offer similar solutions at lower costs, threatening market share.
- Economic uncertainties may lead to budget cuts, affecting software investment willingness.
- Rapid tech advancements require continuous innovation, potentially straining BlackLine's resources.
What makes BlackLine unique
- BlackLine is a leader in the EFCA software category, recognized by Gartner.
- The platform supports the entire close-to-disclose process with real-time automation.
- BlackLine's Studio360 offers real-time financial insights, enhancing data scalability and security.
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Funding
Total Funding
$846.2M
Above
Industry Average
Funded Over
3 Rounds
Benefits
100% Employee paid Health Benefits
Café stocked full with fruit, snacks and drinks
Discounted gym membership
Competitive compensation
Onsite training and career development
401(k) plan with competitive matching
Table Tennis, poker, FIFA and tons of competition
Seasonal celebrations
Team get-togethers and happy hours
Company sports leagues and fitness groups
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↑ 0%2 year growth
↑ 0%In addition to its annual award categories, BlackLine has introduced two new distinctions - Growth Accelerator and Innovation - to spotlight partners making transformative contributions to customer growth and digital finance innovation.
BlackLine expands Bengaluru operations to drive Global Growth and innovation.
Stuart Van Houten, Will Join BlackLine Effective February 17, 2025, and Succeed Mark Woodhams as Head of Global Sales Team BlackLine Expects Fourth Quarter and Full Year 2024 Revenue to Meet or Slightly Exceed High End of Guidance Range; Reaffirms Non-GAAP Operating Margin Guidance LOS ANGELES, Jan. 13, 2025 (GLOBE NEWSWIRE) -- BlackLine, Inc. (Nasdaq: BL) (“BlackLine” or the “Company”), the future-ready platform for the Office of the CFO, today announced that Stuart Van Houten, a seasoned technology and enterprise SaaS veteran, will assume the newly created role of Chief Commercial Officer on February 17, 2025. Mr. Van Houten will be responsible for leading the Company’s global sales organization and revenue operations. He will succeed BlackLine’s current Chief Revenue Officer, Mark Woodhams, as head of the global sales team
Accounting and finance automation solutions provider BlackLine has unveiled the BlackLine Studio360 Platform, which unifies financial operations at scale, streamlines processes, and delivers actionable insights across all financial functions.
BlackLine has unveiled its latest platform, Studio360, designed to provide real-time visibility into financial data for finance professionals.
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About BlackLine
Industries
Enterprise Software
Fintech
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Los Angeles, California
Founded
2001
There are no jobs for BlackLine right now.
Find jobs on Simplify and start your career today
People Also Viewed
Discover companies similar to BlackLine