BlackLine Among Apps Top 500

21300 Victory Boulevard, 12th Floor Woodland Hills

Los Angeles, CA, 91367, USA

+1 818-223-9008

http://www.blackline.com/

187

BlackLine Recent Developments

In November 2018, BlackLine has signed a reseller agreement with SAP. This is a major move for BlackLine, giving it entry to the international market on a large scale.Under the terms of the new agreement, SAP will have the ability to resell BlackLine’s cloud-based finance and accounting solutions to businesses around the world.

BlackLine M&A Activities

In September 2016, BlackLine acquired its European competitor, Runbook for $34 million. In September 2016, the company filed for an initial public offering with the U.S Securities and Exchange Commission. In October 2016, BlackLine began trading on the Nasdaq market under the BL ticker symbol

BlackLine Key Enterprise & Cloud Applications

BlackLine Finance Controls & Automation Platform,

SCORES Analysis

BlackLine Strengths

The cloud-based BlackLine platform automates the entire financial close process. The BlackLine suite of applications includes products and solutions for Balance Sheet Account Reconciliations, Task Management, Journal Entry, Transaction Matching, Variance Analysis, Consolidation Integrity Management, Reconciliation Management and Intercompany Transactions. The ease of integration allows users to send data from their ERP system to BlackLine as well as from BlackLine to their ERP to support and realize the accounting efficiencies gained from using BlackLine’s financial automation platform. In November 2018, BlackLine, Inc. has unveiled a new compliance product purpose-built for managing internal controls in large and midsize companies. The company will debut BlackLine Compliance, the latest addition to its flagship cloud platform, this week at its annual global user conference InTheBlack 2018: The Accounting & Finance Innovation Summit. Disparate systems and processes can cause inefficiencies and prevent proper evaluation of risk exposure. Without a solid technology solution, maintaining version control, identifying risk areas and communicating among business units becomes increasingly challenging and complex. With BlackLine Compliance, risks, policies and procedures, controls, issues and audit programs are integrated into a unified, cloud-based system. This accelerates and simplifies audits, consolidates project management and provides enhanced visibility over control activity. In October 2018, BlackLine, Inc. has released a connector for Oracle E-Business Suite designed to accelerate implementation of BlackLine’s flagship cloud platform and enable new customers to see a faster time-to-value. The new connector is available now to customers running E-Business Suite R12. The BlackLine Connector for Oracle is designed to automatically integrate Oracle E-Business Suite financial data into BlackLine’s cloud financial close solution. BlackLine’s newest connector supports a wide range of Oracle data, such as GL balances, subledgers, GL transactional data, and currency rates, enabling users to easily pull data by ledger, company, account, cost center, and other segment types into BlackLine for account balance and/or transactional reconciliation. In January 2016, BlackLine announced that its cloud platform for Finance Controls and Automation is the first to enable ‘Continuous Accounting’ across the enterprise. Continuous Accounting enables customers to move beyond outdated processes and point solutions to a model where real-time automation, controls and period-end tasks are embedded within day-to-day activities. In November 2015, BlackLine unveiled its latest platform release featuring a number of new products and features designed to enable Finance & Accounting (F&A) departments. Key products included in the release are BlackLine Insights, benchmark analytics software that gives CFOs, controllers and accountants the real-time data needed to benchmark, analyze and improve the efficiency and performance of mission-critical F&A processes; BlackLine Mobile, which provides near real-time dashboard reporting and the ability to approve and check the status of account reconciliations from a mobile device; Trust.BlackLine.com, a site that provides near real-time visibility into BlackLine’s uptime and performance; and Intercompany Settlement, an enhancement of BlackLine’s Intercompany Hub, the industry’s first enterprise-class clearinghouse for intercompany transactions. Partial List of past BlackLine Integrations: AS400, Baan, Banktel, Cobalt, CostPoint, Deacomm, Deltek, Epicor, Filosoft, Flexi, GEAC, Great Plains, Homegrown, Hyperion Essbase, Hyperion HFM, Infineon, Infinium, Intaact, Jack Henry, JD Edwards, Lawson Fixed Assets, Lawson General Ledger, Lawson Project Accounting, MAS500, McKesson, Metavante, Microsoft Solomon, NetSuite, Oracle A/P, Oracle A/R, Oracle Cash, Oracle Fixed Assets, Oracle General Ledger, Oracle Project Accounting, Outlook Soft, Pathways, PeopleSoft Fixed Assets, PeopleSoft General Ledger, PeopleSoft HR, QAD General Ledger, QuickBooks, SAP BW, SAP BPC, SAP Fixed Assets, SAP General Ledger, SAP Open Items, Scala, Workday, and Yardi.

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  • Key differentiators
  • Domain Expertise
  • Product portfolio
  • Solution scope

BlackLine Revenues, $M:

Type/Year 2016 2017 YoY Growth, %
Total Revenues, $M Subscribe Subscribe Subscribe
Enterprise Applications Revenues, $M Subscribe Subscribe Subscribe
Cloud Applications Revenues, $M Subscribe Subscribe Subscribe

* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.

BlackLine Revenue Breakdown By Type, $M:

Type License Services Hardware Support & Maintenance SaaS
% of Total Revenues Subscribe Subscribe Subscribe Subscribe Subscribe
Revenues, $M Subscribe Subscribe Subscribe Subscribe Subscribe

BlackLine Revenues By Region, $M

Region % of Total Revenues 2017 Total Revenues, $M 2017 Enterprise Applications Revenues, $M 2017 Cloud Applications Revenues, $M
Americas Subscribe Subscribe Subscribe Subscribe
EMEA Subscribe Subscribe Subscribe Subscribe
APAC Subscribe Subscribe Subscribe Subscribe
Total Subscribe Subscribe Subscribe Subscribe

BlackLine Direct vs Indirect sales

Region Direct Sales Indirect Sales Total
Type % Subscribe Subscribe Subscribe
Revenues, $M Subscribe Subscribe Subscribe

BlackLine Customers

No. of Customers: Subscribe

No. of Enterprise Applications Customers: Subscribe

No. of Cloud Customers: Subscribe

No. of Cloud Subscribers: Subscribe

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  • Reference wins across regions
  • Customer Size segments
  • Customer wins momentum

BlackLine Opportunities

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  • Market Opportunities at the vertical and subvertical levels
  • Mergers and Acquisitions (M&A), Funding
  • Geo Expansions

BlackLine Risks

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  • Ability to handle internal and external risk and challenges

BlackLine Ecosystem

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  • Health of ecosystem
  • Network Effects of BPO, ISV, SI
  • VAR Partners
  • Direct vs Indirect sales

BlackLine Cloud Infrastructure Insights

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  • Cloud Infrastructure (IaaS)
  • Cloud Platform (PaaS)
  • Cloud Application delivery (SaaS)
  • Data Center (Hosting)

Research Methodology

Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.


Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).




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