BlackLine
BlackLine, Inc. is a provider of financial accounting close solutions delivered primarily as Software as a Service (SaaS). Founded in 2001 and headquartered in Woodland Hills, California, the company offers a comprehensive suite of tools designed to enhance the financial close process for enterprises and mid-sized companies. Its solutions include account reconciliations, variance analysis, journal entry capabilities, and transaction matching, all aimed at improving the accuracy and efficiency of financial reporting. BlackLine's Enhanced Financial Controls & Automation (EFCA) platform supports the entire close-to-disclose process, enabling organizations to transition to a Continuous Accounting model that integrates real-time automation and controls within daily operations. The platform is designed to work alongside existing enterprise systems, providing visibility into finance and accounting operations while ensuring compliance with regulatory requirements. With a strong presence in the United States and strategic partnerships with major ERP providers, BlackLine continues to support organizations in modernizing their financial processes.
Top Stages
4 past transactions
FourQ Systems
Acquisition in 2022
FourQ Systems, incorporated in 2018 and based in Westport, Connecticut, specializes in designing and developing software solutions for intercompany accounting and invoice management. The company offers OneBiller, a tool for automating intercompany accounting processes, and Paymaster, a system for centralized and automated invoice management. FourQ Systems provides comprehensive services that blend expert consulting with purpose-built software to help large, multinational organizations centralize their intercompany accounting, automate manual back-office processes, minimize global compliance and tax risks, optimize resource efficiency, and maintain vendor relationships through timely payments.
Rimilia
Acquisition in 2020
Rimilia is a software developer specializing in cash allocation solutions that enhance financial processes for businesses worldwide. By leveraging machine learning and predictive analytics, Rimilia's software automates the matching of invoices to payments and manages the collection of outstanding balances. This streamlined approach reduces the manual workload associated with daily financial tasks, leading to increased revenue per customer and improved cash flow management. Rimilia's global solution is designed to integrate seamlessly with various currencies, banks, and enterprise resource planning systems, making it adaptable for use in any country and language. The company has offices in Bromsgrove and London in the UK, as well as in Denver, Colorado, and Toronto, Canada.
Runbook Company International
Acquisition in 2016
Runbook is a Europe-based provider of financial close and automation solutions specifically designed for the SAP market. Founded by professionals with experience in the automotive industry and corporate finance, Runbook emerged from a recognition of the disorganization and inefficiencies prevalent in financial processes within large organizations. The founders identified a significant gap in the ability of executives to have clear visibility into their financial operations, often relying on disparate systems like Excel that risked losing critical knowledge when employees departed. Addressing this need, Runbook offers specialized software that enables companies to automate account reconciliation and enhance internal control frameworks for operational and IT-dependent controls within SAP. This allows organizations to streamline their finance cycles, improve oversight, and utilize shared service centers effectively, ensuring that financial management is both efficient and transparent.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.