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Date Posted: 11/17/2009
BlackLine Systems Ranks No. 6 on LABJ List of Fastest-Growing Private Companies
Financial software provider doubled revenues, added Fortune 500 customers, expanded internationally in last year
Calabasas, Calif. – Nov. 16, 2009 –Financial software provider BlackLine Systems achieved the No. 6 spot on the Los Angeles Business Journal’s (LABJ) annual ranking of the top 100 Fastest-Growing Private Companies in the region. Under CEO Therese Tucker’s direction, the company doubled revenues, added major new customers such as Four Seasons, ExpressJet and the Associated Press and expanded to serve more global customers in the past year. The LABJ acknowledgment follows a recent No. 113 ranking on Inc. Magazine’s prestigious list of the fastest-growing private companies in the United States. The complete listing is available in the current issue of the LABJ, due out today. About BlackLine
Founded in 2001, BlackLine Systems was the first to develop and offer a commercially available Balance Sheet Account Reconciliation solution. An experienced provider of software to companies from the Fortune 100 to beyond the Fortune 1,000, BlackLine provides quick-to-implement, scalable and easy-to-use applications that automate the entire financial close process to help improve financial controls for companies of all sizes. BlackLine software applications complement and are an integral component of existing Enterprise Performance Management (EPM), Governance Risk and Compliance (GRC) and Enterprise Resource Planning (ERP) systems. BlackLine offers clients its enterprise-class software in an easy to implement OnDemand/SaaS platform. With a proven track record and a commitment to customer success, BlackLine seeks to reduce the effort the financial close places on accounting and finance professionals. For more information, please visit www.blackline.com.
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