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BlackLine To Unveil New Solutions And Innovations For Finance & Accounting In Front Of 15,000+ Registrants At Company's Largest Annual User Conference EverLOS ANGELES, Nov. 16, 2020 /PRNewswire/ -- Accounting automation software leader BlackLine, Inc. (Nasdaq: BL) today announced new products as well as updates to its flagship cloud platform designed to further enable Finance & Accounting (F&A) departments to transform and modernize their operations. The new features and solutions will be unveiled this week in front of more than 15,000 registrants at BlackLine's annual global user conference BeyondTheBlack™ 2020: The Modern Accounting Virtual Experience. Highlights of BlackLine's enhanced platform functionality and new offerings include: BlackLine Cash Application to Simplify the Order-to-Cash Process BlackLine Account Analysis to Mitigate Risk in High-Volume Accounts New User Interface to Help Drive Finance Performance Management Enhanced Integration with the Open Platform Initiative Raising the Modern Accounting Bar for Companies Running on SAP® Technology "The global pandemic is bringing to the forefront what we've seen for years. Traditional manual accounting processes are not sustainable," said Marc Huffman, BlackLine's president, chief operating officer and incoming CEO. "As a result, businesses are placing renewed focus on risk management, control environments and cash flow optimization. With our newest platform release and solution offerings, our customers have the opportunity to emerge from the pandemic stronger than ever with modernized F&A processes, improved working capital, greater data integrity and analysis, enhanced visibility and control, and reduced risk." BeyondTheBlack, formerly InTheBlack, is BlackLine's annual user conference that for the past 12 years has brought together a global community focused on innovation in Finance & Accounting. The new name encapsulates the new reality: accountants and other financial professionals are now being called on to do more than just close the books and verify that the numbers are right. What was previously their sole focus is now just one part of the value they bring. F&A leaders are embracing modern accounting by unifying systems, data and processes to deliver accurate results faster; automating routine work to focus on strategic business initiatives; and executing continuously to support the business in real time. Instead of just making sure organizations are 'InTheBlack', it's time for accountants to go 'BeyondTheBlack'. Unless otherwise noted, the above features and updates are currently available. BeyondTheBlack 2020 is taking place virtually Tuesday to Thursday, Nov. 17th to 19th, featuring more than 100 speakers spanning approximately 60 sessions. For information or to register for the complimentary virtual event, go here. About BlackLine More than 3,200 customers trust BlackLine to help them close faster with complete and accurate results. The company is the pioneer of the cloud financial close market and recognized as the leader by customers at leading end-user review sites including Gartner Peer Insights, G2 and TrustRadius. Based in Los Angeles, BlackLine also has regional headquarters in London, Singapore and Sydney. For more information, please visit blackline.com. BlackLine Forward-looking Statements Any forward-looking statements contained in this press release are based upon BlackLine's current plans, estimates and expectations and are not a representation that such plans, estimates, or expectations will be achieved. Forward-looking statements are based on information available at the time those statements are made and/or management's good faith beliefs and assumptions as of that time with respect to future events and are subject to risks and uncertainties. If any of these risks or uncertainties materialize or if any assumptions prove incorrect, actual performance or results may differ materially from those expressed in or suggested by the forward-looking statements. These risks and uncertainties include, but are not limited to, risks related to the Company's ability to execute on its strategies, attract new customers, enter new geographies and develop, release and sell new features and solutions; and other risks and uncertainties described in the other filings we make with the Securities and Exchange Commission from time to time, including the risks described under the heading "Risk Factors" in our Annual Report on Form 10-K. Additional information will also be set forth in our Quarterly Reports on Form 10-Q. Forward-looking statements should not be read as a guarantee of future performance or results, and you should not place undue reliance on such statements. Except as required by law, we do not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments or otherwise. SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE in Germany and other countries. Please see https://www.sap.com/copyright for additional trademark information and notices. All other product and service names mentioned are the trademarks of their respective companies. View original content to download multimedia:http://www.prnewswire.com/news-releases/blackline-to-unveil-new-solutions-and-innovations-for-finance--accounting-in-front-of-15-000-registrants-at-companys-largest-annual-user-conference-ever-301173556.html SOURCE BlackLine |