Digital finance transformation leader recognized by customers for ease-of-use, visibility, breadth of functionality, workflow, and reporting capabilities
LOS ANGELES, Feb. 21, 2024 /PRNewswire/ — BlackLine, Inc.’s (Nasdaq: BL) Financial Close Management solution was recently honored by G2, a leading online software marketplace and peer review platform, as one of the ‘Best Accounting & Finance Products for 2024’. This marks the fifth consecutive year G2 has recognized BlackLine’s leadership position as a premier platform for the Office of the CFO.
The BlackLine Financial Close Management solution was honored by G2, a leading online software marketplace and peer review platform, as one of the ‘Best Accounting & Finance Products for 2024’, marking the fifth consecutive year G2 has recognized BlackLine’s leadership position as a premier platform for the Office of the CFO. The only provider of end-to-end financial close automation software on this year’s list, BlackLine ranked in the top 50 out of nearly 3,500 accounting and finance products.
G2 is the world’s largest software marketplace, with more than 90 million buyers annually — including employees at all Fortune 500 companies — using G2 to make smarter software decisions based on end-user reviews. The G2 Best Software Awards rank the world’s best software companies and products based on authentic, timely reviews from real users. To be recognized as a Best Software Award winner, a company or product must have received at least 50 approved and published reviews during the 2023 calendar year. Scores reflect only data from reviews submitted during this evaluation period.
The only provider of end-to-end financial close automation software on this year’s list, BlackLine ranked in the top 50 out of nearly 3,500 accounting and finance products. According to G2, “Less than 1% of all vendors listed on G2 made this year’s awards.”
Here’s a sampling of 5-star reviews from users across multiple industries and from various company sizes about their experience with BlackLine:
“Fantastic Product. I love BlackLine because everything you could possibly need outside of an ERP is available.” Enterprise > 1000 employees
“BlackLine has transformed our month-end close. Using BlackLine in our day-to-day accounting workflow has completely transformed our month-end close process. BlackLine allows our team to reconcile many accounts before the close even starts. This has shortened our close from a 20+ day process to 10-12 days per month.” Midsize 51-1000 employees
“Best in Class… 4x customer. BlackLine allows us to have a more comprehensive and trustworthy insight to our financials, which is essential to our public parent company. Being able to report confidently in critical times is imperative to our continued success.” – Real Estate (Midsize 51-1000 employees)
“World Class Financial Close Management Tool with end-to-end solution provider. I handle multiple deployments globally. BlackLine has addressed business problems like centralizing the data across all regions on one platform. Month-end progress is monitored in real-time.” – System administrator (Enterprise > 1000 employees)
“BlackLine has transformed my workday! BlackLine provides real-time results and detailed reporting. I can check in on my team’s status on journals, tasks, and reconciliations easily. I have an audit trail of all submissions, comments to support what is going on with the line items detail, and documentation at my fingertips.” – Senior Accounting Manager (Enterprise > 1000 employees)
“Optimize your Close Process! We have a very small team that manages the accounting function for five subsidiaries globally. We are able to run a tight close process every month, thanks to BlackLine.” – Midsize 51-1000 employees
“BlackLine: A perfect product for accounting automation. A great tool. It’s easy to navigate and offers a lot of features. Modules are easy to use. (It is) very easy to keep track of all the financial activities.” – Food & Beverages (Enterprise > 1000 employees)
“While G2 publishes the Best Software Awards each year, they’re really awards from customers, representing a vote of confidence from real software users,” said Sara Rossio, chief product officer at G2. “These awards spotlight those, such as BlackLine, that have risen to the top among thousands of companies and achieved recognition driven by verified data rooted in the source that truly matters — authentic customer voice.”
To read more BlackLine reviews at G2, go here.
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About BlackLine Companies come to BlackLine (Nasdaq: BL) because their traditional manual accounting and finance processes are not sustainable. BlackLine’s market-leading cloud platform and customer service help companies move to modern accounting by unifying their data and processes, automating repetitive work, and driving accountability through visibility. BlackLine provides solutions to manage and automate financial close, intercompany accounting, invoice-to-cash, and consolidation processes – inspiring, powering, and guiding large enterprises and midsize businesses on their digital finance transformation journeys.
More than 4,300 customers trust BlackLine to help them close faster with complete and accurate results. The company is the pioneer of the cloud financial close market and is recognized as the leader by customers at leading end-user review sites including G2 and TrustRadius. BlackLine is a global company with operations in major business centers including Los Angeles, New York, the San Francisco Bay area, London, Paris, Frankfurt, Tokyo, Sydney, and Singapore. For more information, visit blackline.com.
Baker McKenzie today announced that leading project finance lawyer Matthias Schemuth has joined the Firm’s Singapore office* as a Principal and Asia Pacific Co-Head of Projects in its Finance & Projects practice, alongside Partner Jon Ornolffson in Tokyo.
Matthias joins the Firm from DLA Piper, bringing more than 20 years of experience in the energy and infrastructure sectors across Asia Pacific. He advises sponsors, developers, commercial banks, multilateral lending agencies, and export credit agencies on the structuring and financing of large-scale projects. His practice also spans international banking, structured commodity and trade finance, with a strong focus on emerging markets. Matthias has been consistently recognised by Chambers Asia Pacific and Who’s Who Legal as a leading project finance practitioner.
James Huang, Managing Principal of Baker McKenzie Wong & Leow in Singapore, said: “We are excited to welcome Matthias to our team. His expertise and proven record in managing teams will be invaluable as we expand our regional and global finance offerings for clients.”
Emmanuel Hadjidakis, Asia Pacific Chair of Baker McKenzie’s Banking & Finance Practice, commented: “Asia Pacific is seeing strong momentum in infrastructure development, energy transition investments, and cross-border project financing, much of it centred in Singapore. Having Matthias on board will further enhance our ability to help clients seize opportunities in the region’s evolving energy and infrastructure markets.”
Steven Sieker, Baker McKenzie’s Asia Chief Executive, added: “Matthias’s appointment underscores Baker McKenzie’s continued commitment to investing in exceptional talent across key markets to support our clients in navigating today’s increasingly complex business and regulatory environment.”
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Matthias said: “I’m thrilled to join Baker McKenzie and contribute to its strong growth in Asia Pacific. The Firm’s global reach and local depth provide an unparalleled platform for delivering innovative projects and financing solutions to clients in this dynamic region.”
With more than 2,700 deal practitioners in more than 40 jurisdictions, Baker McKenzie is a transactional powerhouse. The Firm excels in complex, cross-border transactions; over 65% of our deals are multijurisdictional. The teams are a hybrid of ‘local’ and ‘global’, combining money-market sophistication with local excellence. The Firm’s Banking & Finance lawyers are ranked in more jurisdictions than any other firm by Chambers.
Matthias’s hire continues the expansion of Baker McKenzie’s global team. His joining follows the recent arrivals of Carole Turcotte in Toronto; Tom Oslovar in Palo Alto; Jenny Liu in New York and Palo Alto; Helen Johnson, Mark Thompson, Nick Benson, Kevin Heverin, James Wyatt and Michal Berkner in London; Jan Schubert in Frankfurt; Todd Beauchamp and Charles Weinstein in Washington DC; Dan Ouyang, Winfield Lau, and Ke (Ronnie) Li in Beijing, Shanghai, and Hong Kong; and Alexander Stathopoulos in Singapore.
*Baker McKenzie Wong & Leow is the member firm of Baker McKenzie in Singapore
The Federal Reserve gave investors an early Christmas present by lowering interest rates by 25 basis points (i.e., 0.25%) marking its third rate cut this year. In the past, a change like this in the “long end” of the interest rate yield curve has triggered a predictable, investable pattern. Typically, this pattern would be bearish for finance stocks, particularly banks—investors would buy bank stocks when rates rose and sell them as rates fell….
Dozens of protesters from the “Religious Zionist Reservists Forum” and the “Shared Service Forum” demonstrated Saturday evening outside the home of Finance Minister Bezalel Smotrich in Kedumim.
The protesters arrived with a direct and pointed message, centered on a symbolic “draft order,” calling on Smotrich to “enlist” on behalf of the State of Israel and oppose what they termed the “sham law” being advanced by MK Boaz Bismuth and the Knesset’s haredi parties.
Among the protesters in Kedumim were the parents of Sergeant First Class (res.) Amichai Oster, who fell in battle in Gaza. Amichai grew up in Karnei Shomron and studied at the Shavei Hevron yeshiva.
Protesters held signs reading: “Smotrich, enlist for us,” along with the symbolic “draft order,” calling on him to “enlist for the sake of the State’s security and to save the people’s army – stand against the bill proposed by Bismuth and the haredim!”
Parallel demonstrations were held outside the homes of MK Ohad Tal in Efrat and MK Michal Woldiger in Givat Shmuel.
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Representatives of the “Shared Service Forum” said: “We are members of the public that contributes the most, and we came here to say: Bezalel, without enlistment there will be no victory and no security. Do not abandon our values for the sake of the coalition. The exemption law is a strategic threat, and you bear the responsibility to stop it and lead a real, fair draft plan for a country in which we are all partners. It’s in your hands.”
