BlackLine Systems Driving European Growth from New London Office

BlackLine Systems Driving European Growth from New London Office PR Newswire LONDON, Dec. 5, 2012 - Financial close software leader continues aggressive expansion in European Market with Eurostar win LONDON, Dec. 5, 2012 /PRNewswire/ -- BlackLine Systems, the first company to develop and offer a commercially available Balance Sheet Account Reconciliation solution, is expanding its operations in London to help underpin the growing demand across EMEA for the company's highly regarded and cost-efficient SaaS account reconciliation and financial close solution. BlackLine Systems BlackLine's enterprise-class SaaS offering provides visibility, cost savings and control unmatched in the financial close industry. Demonstrated by the company's nearly 1,000 percent revenue growth over the last four years, BlackLine offers industry-leading efficiency with most clients up and running in just a few weeks, with full implementation on all modules in a few months. BlackLine's proven ROI for customers also sets it apart from other reconciliation offerings with ROI typically achieved in the first six months or sooner. Andrew Zimmermann, Financial Controller Alternatives Companies, Schroder Investment Management Limited, commented: "We selected BlackLine to help us automate account reconciliations, enabling us to manage our accounts accurately and cost effectively while maintaining high service quality and controlling operational risk.