- Headquarters: Los Angeles, California
- Founded: 2001
- blackline.com
Description
BlackLine, Inc. is a holding company. The Company provides cloud-based software platform that is designed to automate and streamline accounting and finance operations. Its platform supports accounting processes, such as the financial close, account reconciliation, intercompany accounting and controls assurance. Its platform consists of seven core cloud-based products, including Account Reconciliation, Task Management, Transaction Matching, Journal Entry, Variance Analysis, Consolidation Integrity Manager and Daily Reconciliation. The Company's solutions include Reconciliation Management and Financial Close Management and Insights. It operates through two geographical regions, which include the United States and International. As of December 31, 2016, its software integrated with, and obtained data from, more than 30 various enterprise resource planning (ERP) systems, including NetSuite, Oracle and Workday, as well as many other financial systems and applications.
Key stats and ratios
| Q3 (Sep '17) | 2016 | |
| Net profit margin | -28.54% | -31.80% |
| Operating margin | -28.79% | -27.56% |
| EBITD margin | - | -12.12% |
| Return on average assets | -12.50% | -11.07% |
| Return on average equity | -17.72% | -17.12% |
| Employees | 726 |
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