{"id":500111,"date":"2021-06-02T09:14:01","date_gmt":"2021-06-02T13:14:01","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/blackline-transforms-global-partner-program\/"},"modified":"2021-06-02T09:14:01","modified_gmt":"2021-06-02T13:14:01","slug":"blackline-transforms-global-partner-program","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/blackline-transforms-global-partner-program\/","title":{"rendered":"BlackLine Transforms Global Partner Program"},"content":{"rendered":"<div class=\"xn-newslines\">\n<h2 class=\"xn-hedline\">Accounting automation software leader to accelerate growth and increase customer value through expanded partner ecosystem<\/h2>\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">LOS ANGELES<\/span>, <span class=\"xn-chron\">June 2, 2021<\/span> \/PRNewswire\/ &#8212; Accounting automation software leader <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3182916-1&amp;h=3157197943&amp;u=https%3A%2F%2Fwww.blackline.com%2F&amp;a=BlackLine\" rel=\"nofollow noopener\">BlackLine<\/a>, Inc.\u00a0(Nasdaq: BL)\u00a0announced today that it is expanding its global partner program to scale the business, drive sustained growth and customer success through a world-class partner ecosystem, and further penetrate the combined <span class=\"xn-money\">$28B<\/span> opportunity in the financial close and accounts receivable automation markets. <\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/325382\/blackline_company_logo.html\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/325382\/blackline_company_logo.jpg\" title=\"BlackLine company logo. (PRNewsFoto\/BlackLine)\" alt=\"BlackLine company logo. (PRNewsFoto\/BlackLine)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>BlackLine has expanded its partner program across multiple areas:\u00a0 geographical presence, market segments coverage, consulting services capacity, marketing and sales presence, training, and customer success and growth.\u00a0 Along with an investment in a new Field Alliances team, BlackLine is providing partners with a comprehensive set of resources to help scale and accelerate their go-to-market capabilities and increase value for their customers.\u00a0 <\/p>\n<p>&#8220;We believe we can continue to increase our leadership position in the financial close and accounts receivable automation markets by expanding a world-class partner ecosystem that offers significant opportunity for partners to grow with us,&#8221; said <span class=\"xn-person\">Mel Zeledon<\/span>, BlackLine&#8217;s senior vice president of channels and alliances. \u00a0&#8220;Our expanded partner program includes the creation of a Field Alliances team that works with the full partner ecosystem to drive success on a regional and global basis.&#8221; \u00a0<\/p>\n<p>BlackLine&#8217;s expanded partner program includes:<\/p>\n<p>\n        <b>SAP Platinum Partner with a Global Reseller Agreement <\/b>under which BlackLine&#8217;s cloud-based solutions are offered as solution extensions for SAP software, complementing functionality provided by SAP ERP Financials and SAP S\/4HANA\u00ae. <\/p>\n<p>\n        <b>Global Consulting Alliances <\/b>with\u00a0the world&#8217;s leading consulting and advisory organizations, including Capgemini, Deloitte, EY and KPMG, to drive digital transformation in Finance &amp; Accounting in the high end of the enterprise space.\u00a0 <\/p>\n<p>\n        <b>Regional Consulting Alliances<\/b>\u00a0that complement BlackLine&#8217;s existing presence and expertise in the enterprise and mid-market segments to better serve customers across specific geographies.<\/p>\n<p>\n        <b>Global Business Process Outsourcing (BPO) and Managed Service Provider Alliances<\/b>\u00a0with industry giants, including Genpact and Infosys BPM, to better serve customers in transforming, optimizing and running their accounting automation functions.<\/p>\n<p>\n        <b>Solution Providers<\/b>\u00a0that, as resellers, focus on serving the <span class=\"xn-location\">North America<\/span> mid-market and all segments of emerging markets. <\/p>\n<p>\n        <b>Software and Cloud Partnerships<\/b>\u00a0focused on complementary capabilities that add value to the BlackLine platform, including expanded presence in adjacent areas to financial close and accounts receivable automation.\u00a0 <\/p>\n<p>With intensifying global competitive pressures as we begin to recover from the global pandemic, more companies are leveraging cloud technology and undergoing large-scale digital finance transformation projects.<\/p>\n<p>&#8220;As we move into 2021 with brighter days on the horizon, leading companies are accelerating their investments in cloud-based financial automation solutions,&#8221; said <span class=\"xn-person\">Tony Klimas<\/span>, EY-BlackLine Alliance executive sponsor. \u00a0&#8220;As a Global Platinum Alliance Partner, EY is proud to work with BlackLine to enable our joint customers to leverage the increased pace of digital change and distance themselves from their competition.&#8221;\u00a0 <\/p>\n<p \/>\n<p>&#8220;Technology limitations have been central to many of the barriers that Finance &amp; Accounting teams have faced during the pandemic<i>,&#8221; <\/i>said <span class=\"xn-person\">Tom Toppen<\/span>, <span class=\"xn-person\">Deloitte Risk<\/span> &amp; Financial Advisory managing director, Deloitte &amp; Touche LLP.<i>\u00a0 &#8220;<\/i>As we continue to evolve virtual work, organizations are expediting financial close transformation with market-leading platform solutions like BlackLine and integration with ERPs. \u00a0Deloitte is proud to be a trusted advisor across solutions in the financial close automation domain.&#8221;<\/p>\n<p>Nearly 300,000 users worldwide across nearly 3,500 companies use BlackLine&#8217;s solutions to increase accountant productivity, reduce risk, elevate controls and compliance functions and modernize their Finance &amp; Accounting operations.\u00a0 Though hundreds of companies currently run BlackLine alongside SAP technology, BlackLine is ERP agnostic and integrates with more than 30 different leading source systems.<\/p>\n<p>&#8220;Working together with our partners, we are committed to helping customers accelerate their digital finance transformations and to providing them with the best possible experience on their modern accounting journeys,&#8221; added Mr. Zeledon.<\/p>\n<p>For a list of BlackLine partners or to learn more about becoming one, go <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3182916-1&amp;h=1985354497&amp;u=https%3A%2F%2Fwww.blackline.com%2Fpartners%2F&amp;a=here\" rel=\"nofollow noopener\">here<\/a>.<\/p>\n<p>\n        <b><br \/>\n          <u>About BlackLine <br \/><\/u><br \/>\n        <\/b>Companies come to <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3182916-1&amp;h=3157197943&amp;u=https%3A%2F%2Fwww.blackline.com%2F&amp;a=BlackLine\" rel=\"nofollow noopener\">BlackLine<\/a> (Nasdaq: BL) because their traditional manual accounting processes are not sustainable.\u00a0 <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3182916-1&amp;h=3865270286&amp;u=https%3A%2F%2Fwww.blackline.com%2Ffinance-controls-and-automation%2F&amp;a=BlackLine%27s+cloud-based+solutions\" rel=\"nofollow noopener\">BlackLine&#8217;s cloud-based solutions<\/a> 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.\u00a0 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.<\/p>\n<p>Nearly 3,500 customers trust BlackLine to help them close faster with complete and accurate results.\u00a0 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.\u00a0 Based in <span class=\"xn-location\">Los Angeles<\/span>, BlackLine also has regional headquarters in <span class=\"xn-location\">London<\/span>, <span class=\"xn-location\">Singapore<\/span> and Sydney.\u00a0 For more information, please visit <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3182916-1&amp;h=3545413859&amp;u=https%3A%2F%2Fwww.blackline.com%2F&amp;a=blackline.com\" rel=\"nofollow noopener\">blackline.com<\/a>.<\/p>\n<p>\n        <b>BlackLine Forward-looking Statements<\/b>\u00a0<br \/>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 &#8220;may,&#8221; &#8220;will,&#8221; &#8220;should,&#8221; &#8220;could,&#8221; &#8220;expect,&#8221; &#8220;plan,&#8221; anticipate,&#8221; &#8220;believe,&#8221; &#8220;estimate,&#8221; &#8220;predict,&#8221; &#8220;intend,&#8221; &#8220;potential,&#8221; &#8220;would,&#8221; &#8220;continue,&#8221; &#8220;ongoing&#8221; or the negative of these terms or other comparable terminology. Forward-looking statements in this release include statements regarding our growth plans and opportunities.\u00a0<\/p>\n<p>Any forward-looking statements contained in this press release are based upon BlackLine&#8217;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&#8217;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&#8217;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 &#8220;Risk Factors&#8221; in our Annual Report on Form 10-K.\u00a0 Additional information will also be set forth in our Quarterly Reports on Form 10-Q.\u00a0<\/p>\n<p>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.\u00a0<\/p>\n<p>SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE in <span class=\"xn-location\">Germany<\/span> and other countries. Please see <a href=\"https:\/\/www.sap.com\/copyright\" rel=\"nofollow\">https:\/\/www.sap.com\/copyright<\/a> for additional trademark information and notices. All other product and service names mentioned are the trademarks of their respective companies.<\/p>\n<p>SAP Forward-looking Statement <br \/>Any statements in this release that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. All forward-looking statements are subject to various risks and uncertainties described in SAP&#8217;s filings with the U.S. Securities and Exchange Commission, including its most recent annual report on Form 20-F, that could cause actual results to differ materially from expectations. SAP cautions readers not to place undue reliance on these forward-looking statements which SAP has no obligation to update and which speak only as of their dates.<\/p>\n<p>\u00a0<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=LA97405&amp;sd=2021-06-02\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/blackline-transforms-global-partner-program-301304037.html\">http:\/\/www.prnewswire.com\/news-releases\/blackline-transforms-global-partner-program-301304037.html<\/a><\/p>\n<p>SOURCE  BlackLine<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=LA97405&amp;Transmission_Id=202106020900PR_NEWS_USPR_____LA97405&amp;DateId=20210602\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Accounting automation software leader to accelerate growth and increase customer value through expanded partner ecosystem PR Newswire LOS ANGELES, June 2, 2021 \/PRNewswire\/ &#8212; Accounting automation software leader BlackLine, Inc.\u00a0(Nasdaq: BL)\u00a0announced today that it is expanding its global partner program to scale the business, drive sustained growth and customer success through a world-class partner ecosystem, and further penetrate the combined $28B opportunity in the financial close and accounts receivable automation markets. BlackLine has expanded its partner program across multiple areas:\u00a0 geographical presence, market segments coverage, consulting services capacity, marketing and sales presence, training, and customer success and growth.\u00a0 Along with an investment in a new Field Alliances team, BlackLine is providing partners with a comprehensive set of resources to help &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/blackline-transforms-global-partner-program\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;BlackLine Transforms Global Partner Program&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-500111","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>BlackLine Transforms Global Partner Program - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/blackline-transforms-global-partner-program\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BlackLine Transforms Global Partner Program - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Accounting automation software leader to accelerate growth and increase customer value through expanded partner ecosystem PR Newswire LOS ANGELES, June 2, 2021 \/PRNewswire\/ &#8212; Accounting automation software leader BlackLine, Inc.\u00a0(Nasdaq: BL)\u00a0announced today that it is expanding its global partner program to scale the business, drive sustained growth and customer success through a world-class partner ecosystem, and further penetrate the combined $28B opportunity in the financial close and accounts receivable automation markets. BlackLine has expanded its partner program across multiple areas:\u00a0 geographical presence, market segments coverage, consulting services capacity, marketing and sales presence, training, and customer success and growth.\u00a0 Along with an investment in a new Field Alliances team, BlackLine is providing partners with a comprehensive set of resources to help &hellip; Continue reading &quot;BlackLine Transforms Global Partner Program&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/blackline-transforms-global-partner-program\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-06-02T13:14:01+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/325382\/blackline_company_logo.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/blackline-transforms-global-partner-program\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/blackline-transforms-global-partner-program\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"BlackLine Transforms Global Partner Program\",\"datePublished\":\"2021-06-02T13:14:01+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/blackline-transforms-global-partner-program\\\/\"},\"wordCount\":1259,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/blackline-transforms-global-partner-program\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/325382\\\/blackline_company_logo.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/blackline-transforms-global-partner-program\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/blackline-transforms-global-partner-program\\\/\",\"name\":\"BlackLine Transforms Global Partner Program - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/blackline-transforms-global-partner-program\/","og_locale":"en_US","og_type":"article","og_title":"BlackLine Transforms Global Partner Program - Market Newsdesk","og_description":"Accounting automation software leader to accelerate growth and increase customer value through expanded partner ecosystem PR Newswire LOS ANGELES, June 2, 2021 \/PRNewswire\/ &#8212; Accounting automation software leader BlackLine, Inc.\u00a0(Nasdaq: BL)\u00a0announced today that it is expanding its global partner program to scale the business, drive sustained growth and customer success through a world-class partner ecosystem, and further penetrate the combined $28B opportunity in the financial close and accounts receivable automation markets. BlackLine has expanded its partner program across multiple areas:\u00a0 geographical presence, market segments coverage, consulting services capacity, marketing and sales presence, training, and customer success and growth.\u00a0 Along with an investment in a new Field Alliances team, BlackLine is providing partners with a comprehensive set of resources to help &hellip; Continue reading \"BlackLine Transforms Global Partner Program\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/blackline-transforms-global-partner-program\/","og_site_name":"Market Newsdesk","article_published_time":"2021-06-02T13:14:01+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/325382\/blackline_company_logo.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/blackline-transforms-global-partner-program\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/blackline-transforms-global-partner-program\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"BlackLine Transforms Global Partner Program","datePublished":"2021-06-02T13:14:01+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/blackline-transforms-global-partner-program\/"},"wordCount":1259,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/blackline-transforms-global-partner-program\/#primaryimage"},"thumbnailUrl":"https:\/\/mma.prnewswire.com\/media\/325382\/blackline_company_logo.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/blackline-transforms-global-partner-program\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/blackline-transforms-global-partner-program\/","name":"BlackLine Transforms Global Partner Program - 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