StockNews.AI
BL
StockNews.AI
21 days

BlackLine Celebrates Top Companies Driving the Future of Financial Operations

1. BlackLine announced the 2025 Modern Accounting Awards winners, highlighting finance transformations. 2. American Express GBT transformed finance with BlackLine, automating 90% of reconciliations. 3. Cavco Industries has modernized finance using BlackLine, achieving real-time visibility and error elimination. 4. Wendy's replaced legacy systems with BlackLine, enhancing compliance and operational efficiencies. 5. The awards emphasize BlackLine's role in empowering finance leaders for sustained transformation.

7m saved
Insight
Article

FAQ

Why Bullish?

The recognition of major brands as users of BlackLine signals strong demand and brand trust. Historical trends show awards enhance stock confidence, boosting prices.

How important is it?

The article reinforces BlackLine's market position and highlights success stories, boosting investor confidence.

Why Long Term?

Increased adoption of BlackLine solutions over time predicts sustained revenue growth. Long-term client relationships lead to recurring revenue, as seen with Cavco.

Related Companies

AMEXWENCVCO
Honorees include American Express Global Business Travel, Wendy's, and Cavco, recognized for achieving significant transformational outcomes , /PRNewswire/ -- BlackLine (Nasdaq: BL), the future-ready platform for the Office of the CFO, today announced the winners of its 2025 Modern Accounting Awards. This year's recipients, including American Express Global Business Travel, Cavco Industries, and The Wendy's Company, represent some of the world's most respected brands and have each driven remarkable outcomes through strategic finance transformation. The awards celebrate organizations that have fully embraced future-ready financial operations, demonstrating exceptional leadership, rapid time to value, and lasting impact using BlackLine's market-leading platform. 2025 Modern Accounting Award Winners: American Express Global Business Travel American Express Global Business Travel (Amex GBT) is building a more scalable and resilient finance function through a strategic, enterprise-wide deployment of BlackLine solutions. This transformation, managed by a dedicated global Center of Excellence, is already delivering powerful results on a multi-year journey toward greater automation and control. Key achievements include automating over 90% of high-volume reconciliations and reaching 60% auto-certification for account reconciliations, with significant runway for future growth. The company expects to eliminate nearly half of its manual journal entries, demonstrating substantial progress in its mission to enhance control, increase speed, and unlock new efficiencies across its global financial operations. Cavco Industries Cavco Industries , a valued BlackLine customer for over a decade, exemplifies a journey of continuous growth and finance transformation. By consistently leveraging BlackLine's ongoing innovations, Cavco has progressively expanded its footprint, moving from foundational financial close automation to embracing our latest solutions, including the recent addition of Financial Reporting Analytics. This strategic evolution has enabled them to modernize and automate once-manual consolidation processes, resulting in accelerated reporting, eliminated errors, and providing their leadership with crucial real-time visibility. This successful, ongoing partnership continues to inspire broader adoption across additional business units, serving as a testament to how a long-term, collaborative commitment fuels continuous innovation and creates scalable, lasting transformation. The Wendy's Company As a global enterprise, Wendy's rapidly replaced its legacy systems with BlackLine to deliver both immediate and sustained value. The swift deployment of Account Reconciliations and Transaction Matching streamlined operations, reinforced compliance, and unlocked new efficiencies at scale, all while seamlessly integrating with their Oracle ERP. "We're proud to recognize these organizations not only for what they've achieved—but for how they've led," said Owen Ryan, co-CEO and Chairman of the Board at BlackLine. "They exemplify the mindset of the future of finance: bold, technology-enabled, and relentlessly focused on strategic value. Their results reinforce what we know to be true—BlackLine is the platform of choice for finance & accounting leaders committed to lasting transformation." All winners will be honored at BlackLine's annual global conference, BeyondTheBlack™, where they will share their transformation journeys with thousands of finance and accounting professionals. The North America 2025 event will be held in Las Vegas on September 8 -10, 2025. To learn more and register, visit beyondtheblack.com. About BlackLine BlackLine (Nasdaq: BL), the future-ready platform for the Office of the CFO, drives digital finance transformation by empowering organizations with accurate, efficient, and intelligent financial operations. BlackLine's comprehensive Studio360 platform addresses mission-critical processes, including record-to-report and invoice-to-cash, enabling unified and accurate data, streamlined and optimized processes, and real-time insight through visibility, automation, and AI. BlackLine's proven, collaborative approach ensures continuous transformation, delivering immediate impact and sustained value. With a proven track record of innovation, industry-leading R&D investment, and world-class security practices, more than 4,400 customers across multiple industries partner with BlackLine to lead their organizations into the future. For more information, please visit blackline.com. SOURCE BlackLine WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

Related News