Shortfacts - December 2019 / January 2020


Gartner 2019 Magic Quadrant
Blackline has been recognized by Gartner as a Leader in the "Magic Quadrant for Cloud Financial Close Solutions" for the third time in a row. The global technology research and advisory firm gave Blackline the highest rating in the report for "Ability to Execute".
In addition, Blackline was also recognized for "Completeness of Vision", which includes market understanding, market strategy, sales strategy, offering (product) strategy, business model, vertical/industry strategy, innovation and geographic strategy. As confirmed by Gartner, "Financial Close (FC) solutions help finance departments manage the financial close and apply appropriate controls throughout the accounting cycle."
Last year, Blackline established a global partnership with SAP and expanded its ecosystem of strategic consulting and technology partners around the world to effectively support customers.