Monday, August 6, 2018

Blackline Adds BMW Financial Services, K2 Sports, Nokia, Others

Los Angeles-based BlackLine, which develops cloud-based, accounting automation software, said it has added a number of companies as new customers in Q2. BlackLine said it added Atlantic Hotels Group, BMW Financial Services, Constellation Software, Gemalto, Graham Media Group, K2 Sports, Phillips 66, Philz Coffee, Prospect Medical Holdings and Wedbush Securities here in the US; Alliance Automotive Group, Associated Newspapers, NewDay, Nokia and Sage Global Services in the EMEA; and Cavalry Health, International SOS Malaysia, Invetech and ResMed in APAC as customers. Financial impact of all of the new customer additions was not announced. BlackLine's software is used to automate the process of a financial close.