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News < Back Compliance : Sarbanes Oxley : Finance : Internal Controls BlackLine Systems Is Software Supplier of the Year Financial software company shortlisted in two categories highlighting benefits, ROI of flagship financial close suite
Enterprise-class financial software company BlackLine Systems was honoured at 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. “It’s an honour to be recognized by one of the UK’s top technology publications and even more important to be acknowledged for what our BlackLine Financial Close Suite brings to users across Europe and beyond,” Mario Spanicciati, Executive Director of EMEA and EVP of Operations, BlackLine Systems, said. “We are committed to helping accountancy and finance teams increase efficiencies and mitigate risk in their account reconciliation processes, ultimately accelerating their financial close.” 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 Computer Weekly European User Awards for Software were held at the 2014 Cloud World Forum, Olympia, London. About BlackLine 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.
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