Company recognised for benefits, ROI of cloud-based financial close software suite
Enterprise-class financial software company BlackLine Systems has been shortlisted in the 'Best Cloud Accounting Suite' category at the 2014 UK Cloud Awards, recognising the company for the benefits, value and ROI that its flagship Financial Close Suite brings to Accountancy, Finance and Compliance departments in mid-size to large organisations around the world.
The annual awards program, hosted in London, is a joint venture run by the Cloud Industry Forum, CloudPro and techUK, designed to acknowledge innovation and excellence in the UK cloud industry. The category of 'Best Cloud Accounting Suite' explores the dramatic impact SaaS (Software-as-a-Service) has had on the accounting landscape, highlighting those services and solutions which have most effectively helped to improve financial reporting, business processes and internal controls.
For many years, much of the work within accounting departments has been time-consuming and labour intensive, often open to errors. By developing the first software of its kind designed to automate critical financial close accounting processes, BlackLine Systems has helped to improve the lives of accountants in the UK and globally. BlackLine's award entry highlighted its work across Europe with customers including Boeing, Eurostar, Kempinski Hotels and Achmea. The company opened offices in London in 2012. Other UK-based clients include British Gas, Camelot UK Lotteries, QBE Management Services UK and Tate & Lyle.
The UK Cloud Awards ceremony was held at City Hall, London.