BlackLine drives digital finance transformation by empowering organizations with accurate, efficient, and intelligent financial operations. Its 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.

The company’s comprehensive platform addresses mission-critical processes, including record-to-report and invoice-to-cash, enabling unified and accurate data, streamlined and optimized processes, and real-time insight through visibility, automation, and AI.

In November, BlackLine was recognized as the Most Innovative FinTech Solution by the 2024 Tech Ascension Awards. This prestigious award celebrates BlackLine’s commitment to delivering cutting-edge solutions that empower Finance and Accounting teams worldwide to achieve accurate, efficient, and intelligent financial operations.

The 2024 Tech Ascension Awards evaluated companies based on their ability to solve critical business challenges; offer unique, user-centric solutions; and drive exceptional results. “Our mission has always been to inspire, power, and guide digital finance transformation,” says Therese Tucker, Founder and Co-CEO of BlackLine. “Being recognized as the Most Innovative FinTech Solution underscores our dedication to creating solutions that address the evolving needs of the Office of the CFO. We’re proud of this recognition and remain focused on pioneering advancements that empower finance & accounting leaders worldwide.”

BlackLine’s approach to innovation delivers best-in-class finance and accounting solutions that optimize mission-critical processes for the office of the CFO. In early 2024, for example, BlackLine introduced Journals Risk Analyser, which uses generative AI to detect and address anomalies in journal entries, enabling finance and accounting leaders to adhere to compliance while making audits more efficient and less burdensome.

“BlackLine’s recognition as the Most Innovative FinTech Solution reaffirms the impact of our strategic investments in product development,” notes Jeremy Ung, BlackLine CTO. “We are committed to leading digital finance transformation, offering flexible, scalable solutions that enable CFOs to adapt swiftly to the dynamic business landscape.”

Another such solution was launched last month. The BlackLine Studio360 Platform is a groundbreaking advancement in digital finance transformation that empowers finance and accounting professionals with the capabilities needed to navigate today’s dynamic business landscape, officials say. Studio360 unifies financial operations at scale, streamlining processes and delivering actionable insights across all financial functions. The Studio360 Platform provides a powerful infrastructure that includes five key components—Integrate, Orchestrate, Visualize, Blueprint, and Control—each purpose-built to address the complexities facing the office of the CFO. Each component leverages the latest in data connectivity, security, and automation to bring new levels of productivity and efficiency to finance and accounting teams while ensuring critical accuracy for compliance and reporting.

"Studio360 is the new gold standard for digital finance transformation," according to Tucker. “Studio360 reflects BlackLine’s two-decade commitment to empowering the office of the CFO with innovative, customer-driven solutions. Studio360 offers our customers an accurate, efficient, and intelligent approach to financial operations that gets them future-ready.” More than 4,400 customers across multiple industries partner with BlackLine to lead their organizations into the future, according to officials. The company was founded in 2001 and became publicly traded in 2016. BlackLine is headquartered in Woodland Hills, California. It opened its Hacienda office in 2019.

For more information about BlackLine, please visit www.blackline.com.

For more information about the BlackLine Studio360 Platform, please visit www.blackline.com/products/studio360.