DigitalCFO Newsroom | 24 February 2022
Accounting automation software leader recognized for driving digital transformation
BlackLine, Inc. (Nasdaq: BL) today announced it won SAP® Partner Excellence 2022 awards for SAP Solution Extensions in Asia Pacific Japan (APJ) and for Best Cloud Performance in Europe, Middle East and Africa (EMEA) North. Awards were presented by SAP (NYSE: SAP) to the top-performing partners in each region that have made outstanding contributions to driving digital transformation for businesses that use SAP solutions. Recipients – in partnership with SAP – help customers adopt innovation easily, gain results rapidly, grow sustainably and run more simply with SAP solutions.
“BlackLine has been a long-time SAP partner. Winning the EMEA North award provides further validation that more and more customers are seeing measurable results from automating repetitive accounting work by implementing BlackLine technology to streamline their financial processes,” said Andy Bottrill, senior vice president EMEA at BlackLine. “As a market leader in the Financial Operations Management space, BlackLine can help eradicate mundane financial tasks, allowing accountants to add value to their organizations and focus their time on more strategic initiatives.”
Selected from SAP’s large and diverse partner base, nominations for the SAP Partner Excellence Awards are based on internal SAP sales data. A committee composed of regional and global SAP representatives determine winning partners in each category according to criteria such as sales achievement and performance. Awards are presented in a variety of categories, including overall sales, innovation, technology, services and solution-specific areas.
“This award recognizes the outstanding performance by the BlackLine team to help navigate and improve SAP customers’ end-to-end financial close process and accounting automation,” explained Olav Frijhoff, head of software partners SAP EMEA North. “BlackLine accelerates and complements SAP S/4HANA and RISE with SAP.”
BlackLine’s cloud solutions complement functionality provided by SAP ERP Financials and SAP S/4HANA®. The integration brings enhanced control, automation and data integrity to audit, finance and accounting departments worldwide, while ensuring that data flowing to and from SAP solutions does so through standardized processes. The BlackLine solutions are offered as SAP Solution Extensions under the following names:
- SAP Account Substantiation and Automation by BlackLine
- SAP Account Substantiation and Automation by BlackLine, premier edition
- SAP Intercompany Financial Hub by BlackLine
Commenting on BlackLine’s award win in the APJ region, Lee Thompson, senior vice president APJ at BlackLine, said: “We are delighted that SAP has recognized BlackLine with this latest Partner Excellence award across Asia Pacific and Japan. BlackLine is perfectly aligned with SAP to help customers accelerate their finance transformation initiatives and to become intelligent enterprises. This is a testament to the skills and experience of both companies in developing solutions that meet the demanding requirements of finance departments as we focus on supporting enterprise innovation and emerging stronger in a post-pandemic environment. We look forward to continuing to build successful business momentum in the years ahead.”
“I’m delighted to congratulate BlackLine for their achievements. We look forward to continuing to build upon this strong foundation of success and collaboration for our mutual customers’ success,” added Cathy Ward, chief operating officer, SAP APJ.
In 2021, BlackLine received the SAP Pinnacle Award for Partner of the Year – Solution Extensions – earning SAP’s highest accolade in this area.
More than a thousand of the world’s leading companies currently run BlackLine alongside SAP technology. However, BlackLine is ERP-agnostic, optimized for today’s modern enterprise with direct integration to more than 30 different leading enterprise resource planning (ERP) and source systems, an added benefit for businesses using SAP solutions with multiple ERPs. The 2022 SAP Partner Excellence Awards were presented at the recent SAP Customer Success Summit.