Accounting automation software leader recognized for driving
digital transformation for customers in both EMEA North and APJ;
only partner in the category honored in each region
LOS ANGELES, Feb. 23, 2022 /CNW/ -- BlackLine, Inc. (Nasdaq:
BL) today announced it won SAP® Partner Excellence 2022 awards for
SAP Solution Extensions in Asia Pacific Japan (APJ) and for Best
Cloud Performance in Europe,
Middle East and Africa (EMEA) North. Awards were
presented by SAP (NYSE: SAP) to the top-performing partners in each
region that have made outstanding contributions to driving digital
transformation for businesses that use SAP solutions.
Recipients – in partnership with SAP – help customers adopt
innovation easily, gain results rapidly, grow sustainably and run
more simply with SAP solutions.
"BlackLine has been a long-time SAP partner. Winning the
EMEA North award provides further validation that more and more
customers are seeing measurable results from automating repetitive
accounting work by implementing BlackLine technology to
streamline their financial processes," said Andy Bottrill, senior vice president EMEA at
BlackLine. "As a market leader in the Financial Operations
Management space, BlackLine can help eradicate mundane financial
tasks, allowing accountants to add value to their organizations and
focus their time on more strategic initiatives."
Selected from SAP's large and diverse partner base, nominations
for the SAP Partner Excellence Awards are based on internal SAP
sales data. A committee composed of regional and global SAP
representatives determine winning partners in each category
according to criteria such as sales achievement and performance.
Awards are presented in a variety of categories, including
overall sales, innovation, technology, services and
solution-specific areas.
"This award recognizes the outstanding performance by the
BlackLine team to help navigate and improve SAP customers'
end-to-end financial close process and accounting automation,"
explained Olav Frijhoff, head of software partners SAP EMEA North.
"BlackLine accelerates and complements SAP S/4HANA
and RISE with SAP."
BlackLine's cloud solutions complement functionality provided by
SAP ERP Financials and SAP S/4HANA®. The integration
brings enhanced control, automation and data integrity to audit,
finance and accounting departments worldwide, while ensuring that
data flowing to and from SAP solutions does so through standardized
processes. The BlackLine solutions are offered as SAP
Solution Extensions under the following names:
- SAP Account Substantiation and Automation by BlackLine
- SAP Account Substantiation and Automation by BlackLine, premier
edition
- SAP Intercompany Financial Hub by BlackLine
Commenting on BlackLine's award win in the APJ region,
Lee Thompson, senior vice president
APJ at BlackLine, said: "We are delighted that SAP has
recognized BlackLine with this latest Partner Excellence award
across Asia Pacific and
Japan. BlackLine is
perfectly aligned with SAP to help customers accelerate their
finance transformation initiatives and to become intelligent
enterprises. This is a testament to the skills and experience
of both companies in developing solutions that meet the demanding
requirements of finance departments as we focus on supporting
enterprise innovation and emerging stronger in a post-pandemic
environment. We look forward to continuing to build
successful business momentum in the years ahead."
"I'm delighted to congratulate BlackLine for their achievements.
We look forward to continuing to build upon this strong
foundation of success and collaboration for our mutual customers'
success," added Cathy Ward, chief
operating officer, SAP APJ.
In 2021, BlackLine received the SAP Pinnacle Award for
Partner of the Year - Solution Extensions – earning SAP's
highest accolade in this area.
More than a thousand of the world's leading companies currently
run BlackLine alongside SAP technology. However, BlackLine is
ERP-agnostic, optimized for today's modern enterprise with direct
integration to more than 30 different leading enterprise resource
planning (ERP) and source systems, an added benefit for businesses
using SAP solutions with multiple ERPs.
The 2022 SAP Partner Excellence Awards were presented at the
recent SAP Customer Success Summit.
About BlackLine
Companies come to BlackLine (Nasdaq: BL) because their
traditional manual accounting processes are not sustainable.
BlackLine's cloud-based financial operations management platform
and market-leading 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, accounts receivable and intercompany
accounting processes, helping large enterprises and midsize
companies across all industries do accounting work better, faster
and with more control.
More than 3,800 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 recognized as the
leader by customers at leading end-user review sites including
Gartner Peer Insights, G2 and TrustRadius. BlackLine is a
global company with operations in major business centers around the
world including Los Angeles,
New York, the San Francisco Bay
area, London, Paris, Frankfurt, Tokyo, Singapore and Sydney.
For more information, please visit blackline.com.
BlackLine Forward-looking Statements
This release may contain forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995. In
some cases, you can identify forward-looking statements by
terminology such as "may," "will," "should," "could," "expect,"
"plan," anticipate," "believe," "estimate," "predict," "intend,"
"potential," "would," "continue," "ongoing" or the negative of
these terms or other comparable terminology. Forward-looking
statements in this release include statements regarding our growth
plans and opportunities.
Any forward-looking statements contained in this press release
are based upon BlackLine's current plans, estimates and
expectations and are not a representation that such plans,
estimates, or expectations will be achieved. Forward-looking
statements are based on information available at the time those
statements are made and/or management's good faith beliefs and
assumptions as of that time with respect to future events and are
subject to risks and uncertainties. If any of these risks or
uncertainties materialize or if any assumptions prove incorrect,
actual performance or results may differ materially from those
expressed in or suggested by the forward-looking statements. These
risks and uncertainties include, but are not limited to, risks
related to the Company's ability to execute on its strategies,
attract new customers, enter new geographies and develop, release
and sell new features and solutions; and other risks and
uncertainties described in the other filings we make with the
Securities and Exchange Commission from time to time, including the
risks described under the heading "Risk Factors" in our Annual
Report on Form 10-K. Additional information will also be set
forth in our Quarterly Reports on Form 10-Q.
Forward-looking statements should not be read as a guarantee of
future performance or results, and you should not place undue
reliance on such statements. Except as required by law, we do not
undertake any obligation to publicly update or revise any
forward-looking statement, whether as a result of new information,
future developments or otherwise.
SAP and other SAP products and services mentioned herein as well
as their respective logos are trademarks or registered trademarks
of SAP SE in Germany and other
countries. Please see https://www.sap.com/copyright for additional
trademark information and notices. All other product and service
names mentioned are the trademarks of their respective
companies.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/blackline-wins-two-2022-sap-partner-excellence-awards-for-solution-extensions--best-cloud-performance-301488337.html
SOURCE BlackLine