BlackLine Recognized as a Leader in 2024 IDC MarketScape for Worldwide Accounts Receivable Automation Applications for the Enterprise
BlackLine (NASDAQ: BL) has been named a Leader in the 2024 IDC MarketScape for Worldwide Accounts Receivable Automation Applications for the Enterprise. The recognition highlights BlackLine's comprehensive platform and customer-centric innovation in automating Accounts Receivable processes.
The IDC MarketScape report emphasizes BlackLine's unified and scalable platform, which offers seamlessly integrated invoice-to-cash modules, enabling real-time data sharing and enhanced collaboration. The platform's capabilities include process acceleration, elimination of duplicate work, and removal of silos between teams.
According to Kevin Permenter, IDC's senior research director, BlackLine demonstrates a deep understanding of CFO office challenges and shows commitment to innovation. The report recommends BlackLine for organizations seeking a unified platform supporting end-to-end AR processes with simple configurability and self-serviced functionality.
BlackLine (NASDAQ: BL) è stata nominata Leader nel 2024 IDC MarketScape per le Applicazioni di Automazione delle Contabilità da Ricevere a Livello Mondiale per le Imprese. Questo riconoscimento mette in evidenza la piattaforma completa di BlackLine e l'innovazione centrata sul cliente nell'automazione dei processi delle Contabilità da Ricevere.
Il rapporto IDC MarketScape sottolinea la piattaforma unificata e scalabile di BlackLine, che offre moduli integrati di fattura a pagamento, consentendo la condivisione dei dati in tempo reale e una collaborazione potenziata. Le capacità della piattaforma includono l'accelerazione dei processi, l'eliminazione del lavoro duplicato e la rimozione dei silos tra i team.
Secondo Kevin Permenter, direttore senior della ricerca IDC, BlackLine dimostra una profonda comprensione delle sfide degli uffici CFO e mostra un impegno verso l'innovazione. Il rapporto raccomanda BlackLine per le organizzazioni che cercano una piattaforma unificata a supporto dei processi AR end-to-end con configurabilità semplice e funzionalità self-service.
BlackLine (NASDAQ: BL) ha sido nombrada Líder en el 2024 IDC MarketScape para Aplicaciones de Automatización de Cuentas por Cobrar a Nivel Mundial para Empresas. Este reconocimiento destaca la plataforma integral de BlackLine y la innovación centrada en el cliente en la automatización de procesos de Cuentas por Cobrar.
El informe de IDC MarketScape enfatiza la plataforma unificada y escalable de BlackLine, que ofrece módulos integrados de factura a efectivo, permitiendo el intercambio de datos en tiempo real y una colaboración mejorada. Las capacidades de la plataforma incluyen aceleración de procesos, eliminación de trabajo duplicado y eliminación de silos entre equipos.
Según Kevin Permenter, director de investigación senior de IDC, BlackLine demuestra una profunda comprensión de los desafíos de las oficinas del CFO y muestra un compromiso con la innovación. El informe recomienda a BlackLine para organizaciones que buscan una plataforma unificada que soporte procesos de cuentas por cobrar de extremo a extremo con una configuración sencilla y funcionalidad de autoservicio.
블랙라인 (NASDAQ: BL)은 2024 IDC 마켓스케이프 세계 회수 자동화 애플리케이션 부문 리더로 선정되었습니다. 이 인식은 블랙라인의 포괄적인 플랫폼과 고객 중심의 혁신을 강조하여 회수 프로세스를 자동화합니다.
IDC 마켓스케이프 보고서는 블랙라인의 통합되고 확장 가능한 플랫폼을 강조하며, 이는 원활하게 통합된 청구서에서 현금으로의 모듈을 제공하여 실시간 데이터 공유와 향상된 협업을 가능하게 합니다. 플랫폼의 기능에는 프로세스 가속화, 중복 작업 제거, 팀 간의 사일로 제거가 포함됩니다.
케빈 펄멘터 IDC 수석 연구 이사에 따르면, 블랙라인은 CFO 사무실의 도전 과제를 깊이 이해하고 있으며 혁신에 대한 약속을 보여줍니다. 이 보고서는 단순한 구성 가능성과 셀프 서비스 기능을 지원하는 통합 플랫폼을 찾는 조직에 블랙라인을 추천합니다.
BlackLine (NASDAQ: BL) a été désignée Leader dans le 2024 IDC MarketScape pour les applications d'automatisation des comptes clients à l'échelle mondiale pour les entreprises. Cette reconnaissance met en avant la plateforme complète de BlackLine et son innovation centrée sur le client dans l'automatisation des processus des comptes clients.
Le rapport IDC MarketScape souligne la plateforme unifiée et évolutive de BlackLine, qui propose des modules intégrés de facture à encaissement, permettant un partage de données en temps réel et une collaboration améliorée. Les capacités de la plateforme comprennent l'accélération des processus, l'élimination du travail en double et la suppression des silos entre les équipes.
Selon Kevin Permenter, directeur de recherche senior chez IDC, BlackLine démontre une compréhension profonde des défis des bureaux des CFO et fait preuve d'un engagement envers l'innovation. Le rapport recommande BlackLine aux organisations recherchant une plateforme unifiée soutenant des processus de comptes clients de bout en bout avec une configurabilité simple et une fonctionnalité en libre-service.
BlackLine (NASDAQ: BL) wurde als Leader im 2024 IDC MarketScape für weltweit tätige Anwendungen zur Automatisierung von Forderungen für Unternehmen ausgezeichnet. Diese Anerkennung hebt die umfassende Plattform von BlackLine und die kundenorientierte Innovation bei der Automatisierung von Forderungsprozessen hervor.
Der IDC MarketScape-Bericht betont die einheitliche und skalierbare Plattform von BlackLine, die nahtlos integrierte Rechnungs-zu-Bar-Module bietet, die den Echtzeit-Datenaustausch und eine verbesserte Zusammenarbeit ermöglichen. Zu den Fähigkeiten der Plattform gehören Prozessbeschleunigung, Beseitigung von Doppelarbeit und die Aufhebung von Silos zwischen den Teams.
Laut Kevin Permenter, Senior Research Director bei IDC, zeigt BlackLine ein tiefes Verständnis für die Herausforderungen in CFO-Büros und ein Engagement für Innovation. Der Bericht empfiehlt BlackLine für Organisationen, die eine einheitliche Plattform suchen, die End-to-End-Forderungsprozesse mit einfacher Konfigurierbarkeit und Selbstbedienungsfunktionen unterstützt.
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BlackLine’s comprehensive platform and customer-centric innovation recognized by leading global analyst firm
LOS ANGELES, Dec. 05, 2024 (GLOBE NEWSWIRE) -- BlackLine (NASDAQ: BL), the future-ready platform for the Office of the CFO, today announced its designation as a Leader in the IDC MarketScape: Worldwide Accounts Receivable Automation Applications for the Enterprise 2024 Vendor Assessment (doc #US51740924, December 2024).
The IDC MarketScape report highlights the growing importance of automating Accounts Receivable (AR) as a critical component of end-to-end invoice-to-cash operations, improving accuracy and driving business value. BlackLine was positioned as a Leader based on IDC’s evaluation of vendor capabilities, strategic vision, buyer perceptions, and end-user feedback.
According to the report, “BlackLine offers a connected, modular, end-to-end invoice-to-cash solution that speeds up processes, eliminates double work, and removes silos between teams by providing immediate access to useful information and data.”
The IDC MarketScape further underscores the power of BlackLine’s unified and scalable platform: “The company's SaaS account receivable solution is delivered on a unified platform. This means that its invoice-to-cash modules are integrated seamlessly. Real-time data sharing eliminates silos and fosters collaboration and efficiency. By leveraging all available information, BlackLine empowers users to gain deep insights, optimize processes, and clinch deals with unmatched effectiveness.”
“Automating AR processes not only accelerates cash flow but also reduces errors and enhances customer relationships, positioning enterprise organizations at the forefront of financial management innovation," says Kevin Permenter, senior research director of Financial Applications at IDC. “BlackLine’s current capabilities and vision for future-ready financial operations reflect a deep understanding of the end-to-end challenges faced by the office of the CFO. The company demonstrates dedication to continued investment in innovation to meet the evolving needs of its customers. For these reasons, we consider it a Leader in this category.”
The report recommends that organizations “consider BlackLine when searching for a unified platform that supports the entire AR process end to end with simple configurability and easily self-serviced functionality.”
“We believe this achievement reflects the value our comprehensive platform brings,” said Andy Lilley, Invoice to Cash Managing Director. “BlackLine empowers thousands of companies to achieve future-ready financial operations with unified and accurate data, optimized processes, and real-time insights powered by automation and AI.”
“We are honored to be recognized by the IDC MarketScape as a Leader in AR Automation Applications for the Enterprise,” said Therese Tucker, BlackLine Co-CEO and Founder. “The fact that this recognition comes so quickly on the heels of our position as a Leader in the IDC MarketScape: Worldwide Office of the CFO Record to Report 2024 Vendor Assessment* we believe underscores our continued investment in customer-centric innovation to solve the challenges facing the Office of the CFO.”
*doc #US52037924, September 2024
About IDC MarketScape
IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of technology and service suppliers in a given market. The research utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each supplier’s position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of technology suppliers can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective suppliers.
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 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.
MEDIA CONTACT:
Samantha Darilek
VP, Communications
P. 877-777-7750
E: samantha.darilek@blackline.com
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