BlackLine has been awarded the Controllers Council Seal of Approval for Financial Operations Management, particularly for its accounting automation platform.
BlackLine's accounting automation platform received high marks for its solutions that manage and automate financial close, accounts receivable and intercompany accounting processes.
Additionally, the recognition is based on ratings from a community of over 90,000 controllers, CFOs and other corporate finance professionals.
The Seal of Approval program brings together the community of the Controllers Council to identify and rate services, solutions and products used in Finance, Accounting and company-wide.
Selection includes an application process, screening algorithm and anonymous surveys of community end-users and subject matter experts.
"The Controllers Council Seal of Approval program helps identify and evaluate brands, such as BlackLine, that have been vetted and highly rated by senior finance and accounting professionals," said Controllers Council executive director Neil Brown.
"Controllers, CFOs and others working in corporate finance can trust their peers have validated these brands and given them the highest ratings in their respective categories."
BlackLine says its cloud-based financial operations management platform is vital to the Office of the Controller.
The company explains that its financial close management, accounts receivable automation, and intercompany financial management solutions enable businesses to manage their complete accounting and finance lifecycle in a single centralised and secure system.
BlackLine is a global company operating in Los Angeles, New York, the San Francisco Bay area, London, Paris, Frankfurt, Tokyo, Singapore and Sydney.
Furthermore, the company serves over 3,800 customers to assist in closing faster with complete and accurate results.
"Traditional manual accounting processes are not sustainable," said BlackLine CEO Marc Huffman.
"We're pleased that this important community of senior corporate finance professionals recognises the value BlackLine delivers to the Controllership, helping free up time and capacity to reinvest in the business and provide financial insights that support and guide corporate strategy."
This recognition from the Controllers Council comes after BlackLine recently expanded its partnership with Google Cloud, announcing they will collaborate on joint selling and go-to-market activities.
The partnership looks to help companies with finance transformation and modern accounting solutions to help meet the growing demand for services in this area.
Google Cloud and BlackLine started an initial partnership two years ago, intending to further enable business growth, compliance and digital transformation initiatives.
With the current expansion, BlackLine will work collaboratively with Google Cloud's training, support, sales and go-to-market teams to implement key initiatives.
Working together, BlackLine and Google Cloud say the partnership will enable new possibilities for modern accounting, AI-powered automation and insight, global scalability and availability, deep security and advanced data analytics.
With a focus on streamlining and ease, both companies hope to create better business solutions and reduce the problems associated with repetitive work and manual data entry.