The company was founded in 2001 by Therese Tucker, CEO and founder of BlackLine, a Stevie American Business Award winner for Software Executive of the Year, 2011.Under her leadership,BlackLine, headquartered in Los Angeles, has seen a 50 percent annual growth rate on a consistent basis and has been recognized as one of the most innovative and promising tech ventures in the world by Red Herring as a Global 100 Winner. BlackLine is a Gold member in Oracle’ PartnerNetwork, and with its enterprise software, the company is aiding numerous Fortune 1000 companies in streamlining their financial infrastructure.
Substance of BlackLine Automation
Since the notion of conversion of manual process to automation was incepted, various companies have leveraged the advantages that have come along to increase their ROIs and total throughput.
BlackLine’s SaaS solution has enabled its clients to replace manual and labor-oriented processes in the two afore mentioned spaces with an easy-to-implement, use and maintain application
Over its years of operation, BlackLine has incorporated nearly 900 companies around the world into its clientele from diverse verticals, including Oracle users Concur Technologies, Cox Communications and McGraw Hill Financial. “We have worked really hard to make our customers happy and pass real value to them from our products and services,” Therese explains in brief, the rationale behind the company’s success.
In the coming years, BlackLine hopes to initiate an IPO process that would be a huge milestone for the company. Apart from this, the Finance Controls and Automation leader intends to keep up its growth curve as steep as possible.