Funding Received
$0 in 1 Round from 2 Investors
Most Recent Funding
August 16, 2013 / Undisclosed Amount and Round
Headquarters:
Woodland Hills, CA
Description:
BlackLine provides quick-to-implement, scalable and easy-to-use applications that automate the financial close process.
Founders:
Therese Tucker
Categories:
Software
Website:
http://www.BlackLine.com

Company Details

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Founded:
2001
Employees:
15 in CrunchBase

BlackLine Systems suite of financial software applications automates the entire financial close process.

Spreadsheets can be full of hidden, costly mistakes. The BlackLine Financial Close Software Suite automates and virtually eliminates time-consuming, traditionally manual, spreadsheet-driven accounting processes for staff in finance and compliance departments in companies of all sizes.

The BlackLine suite includes modules for Balance Sheet Account Reconciliations, Task Management, Journal Entry, Transaction Matching, Variance Analysis and Consolidation Integrity Manager.

BlackLine software applications complement existing Enterprise Performance Management (EPM), Governance Risk and Compliance (GRC) and Enterprise Resource Planning (ERP) systems. BlackLine offers clients its enterprise-class software in a simple and secure OnDemand/SaaS platform.

BlackLine Systems, founded in 2001, is the first and most experienced provider of enterprise software designed to automate and control the entire financial close process. The first BlackLine module was developed when a client, First National Bank of Nebraska, asked BlackLine for help managing their account reconciliation process. Like many companies, they were using spreadsheets to manage thousands of reconciliations every month. In response, BlackLine developed and marketed the first commercially-available software designed specifically for tracking and completing balance sheet account reconciliations.

Current Team (15)

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Past Team (1)

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Funding Rounds (1) - $0.00

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Products (6)

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  • Tspmmgln0svxa6c7xc87

    Consolidation Integrity Manager

    BlackLine's Consolidation Integrity Manager Module replaces a manual tie-out process between...
  • Pzlgazex2z2mtbqs9h1i

    Journal Entry

    BlackLine's Journal Entry module helps companies control and centralize the manual journal...
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    Variance Analysis

    BlackLine's Variance Analysis module allows companies to automatically conduct variance and...
  • Gqtpfvkjgvoqrsrs1ewe

    Transaction Matching

    BlackLine's Transaction Matching module is a state-of-the art matching engine with powerful,...
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    Task Management

    BlackLine's Task Management module is, like many of our modules, the direct result of a...
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    Account Reconcilation

    A Critical Control Account reconciliations are a critical control for compliance and for accurate...

Investors (2)

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  • 6a354f7b8520d8a14c6f387c600529c7

    Iconiq Capital

    Iconiq Capital is a global multi-family office operating as an independent SEC Registered...
  • 4ce5ad6ced3d0962c52733b653e1e17a

    Silver Lake Partners

    Silver Lake is a private investment firm focused solely on making large-scale investments in...

Offices/Locations (1)

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  • Office

    21300 Victory Blvd

    Penthouse Suite

    Woodland Hills, CA 91367

    USA

Competitors (4)

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  • F42d0bb89cc5cff9b7b9361feb342ccc

    Chessapeake

    Chesapeake Energy Corporation engages in the acquisition, exploration, development, and...
  • 56f01a3b82b9fe3f86a6b8d351a3a154

    ReconArt

    Total Reconciliation Lifecycle Solution
  • Cb default image

    SmartStream I.T. Solutions

    SmartStream I.T. Solutions
  • F17ebdc0a3c5c291829dc6292592c765

    Trintech

    Financial Governance Solutions Today, more than 100,000 users across 650 organizations in 41...

Images (1)

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