Financial Management

Blackline, A Leader In Accounting Software Suite, Revamped Its Global Partner Program

BlackLine, Inc. today announced that it is going to expand its global partner programme to ramp the business, push steady growth, and customer success via a world-class partner ecosystem, and further pierce the consolidated $28B opportunity in the financial close and accounts receivable automation markets.

BlackLine's partner programme has been increased in several areas, including geographical presence, market sector coverage, consulting services capacity, marketing and sales presence, training, and client satisfaction and growth. Along with a new Field Alliances team, BlackLine is offering partners with a complete set of tools to assist grow and expedite their go-to-market capabilities, as well as improve quality products and services.

"We believe that by expanding a world-class partner ecosystem that offers significant opportunity for partners to grow with us, we can continue to increase our leadership position in the financial close and accounts receivable automation markets," said Mel Zeledon, BlackLine's senior vice president of channels and alliances. "Our enhanced partner programme involves the formation of a Field Alliances team, which collaborates with the whole partner ecosystem to create regional and worldwide success."

BlackLine's extended partner programme includes the following:

SAP Platinum Associate with such a Global Reseller Agreement through which BlackLine's cloud-based services are supplied as SAP software solution extensions, supplementing capabilities supplied by SAP ERP Financials and SAP S/4HANA®.

Global Consulting Alliances with the world's best consultancy and advising firms, including Capgemini, Deloitte, EY, and KPMG, to accelerate digital transformation in Finance & Accounting at the corporate level.

Regional Consulting Alliances that supplement BlackLine's current presence and experience in the small enterprises and mid-market segments, allowing it to gain more customers in certain locations.

Global Business Process Outsourcing (BPO) and Managed Service Provider Alliances with industry titans such as Genpact and Infosys BPM to better support customers in the transformation, optimization, and operation of their accounting automation operations.

Solution Providers who, as resellers, specialise on providing the mid-market in North America and all emerging market sectors. Partnerships in software and cloud centred on complementing capabilities that bring value to the BlackLine platform, such as greater presence in financial closure and accounts receivable automation.

With global competitive pressures growing as we continue to recover from the worldwide pandemic, more organisations are utilising cloud technology and embarking on large-scale digital financial transformation initiatives.

"As we go into 2021, with brighter days ahead, prominent firms are boosting their investments in cloud-based financial automation technologies," said Tony Klimas, executive sponsor of the EY-BlackLine Alliance. "As a Global Platinum Alliance Partner, EY is happy to collaborate with BlackLine to enable our joint customers to capitalise on the accelerated speed of digital transformation and gain a competitive advantage."

"Many of the challenges that Finance and Accounting teams have experienced throughout the epidemic have been exacerbated by technological restrictions," stated Tom Toppen, Deloitte Risk & Financial Advisory managing director, Deloitte & Touche LLP. "Organizations are accelerating financial close transformation with market-leading platform solutions like BlackLine and integration with ERPs as we continue to improve virtual work. Deloitte is honoured to be a trusted advisor in the financial close automation industry."

BlackLine's products are used by approximately 300,000 users globally in almost 3,500 enterprises to boost accountant productivity, minimise risk, raise controls and compliance tasks, and modernise their Finance & Accounting processes. Despite the fact that hundreds of businesses use BlackLine with SAP technology, BlackLine is ERP agnostic and interacts with over 30 different top source systems.

"We are dedicated, in collaboration with our partners, to assisting clients in accelerating their digital financial transitions and providing them with the greatest possible experience on their contemporary accounting journeys," Mr. Zeledon continued.

About BlackLine
Companies turn to BlackLine because their manual accounting methods are no longer viable. BlackLine's cloud-based solutions and industry-leading customer support assist businesses in transitioning to modern accounting by integrating data and processes, automating repetitive tasks, and increasing responsibility via visibility.
BlackLine provides solutions for managing and automating financial closure, accounts receivable, and intercompany accounting procedures, assisting major enterprises and medium businesses across all sectors to accomplish accounting work better, quicker, and with greater control.

Earlier, 3500 clients relied on BlackLine to help them close more quickly and with comprehensive and accurate data. Customers at key end-user review sites like as Gartner Peer Insights, G2, and TrustRadius have identified the firm as the leader in the cloud financial closing sector. BlackLine is headquartered in Los Angeles, with regional offices in London, Singapore, and Sydney.

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