Blackline's New Hacienda Office Focuses on Innovation

BlackLine is a provider of cloud-based solutions that transform Finance and Accounting (F&A) by automating, centralizing, and streamlining financial close operations, intercompany accounting processes, and other key F&A processes for large and midsize organizations. The company is recognized by Gartner as a Leader in its 2018 Magic Quadrant for Cloud Financial Close Solutions and as a pioneer in the cloud market for enhanced financial control and automation. Earlier in the year, BlackLine opened a new office in Hacienda "as part of a strategic growth initiative to tap into the resources of the technology-heavy San Francisco Bay Area," according to the company.

"We've been fortunate to reap the benefits of building BlackLine in the diverse and creative talent pool and culture of Los Angeles and then expanding to other key cities around the world," says Therese Tucker, BlackLine CEO. "We are now excited to be able to complement that with the talent and other great resources the Bay Area has to offer. Our newest office, our 14th worldwide, will also serve as another R&D center as BlackLine continues to innovate in both technology and products. We expect to see high-value collaboration between Northern and Southern California teams."

Though the immediate focus will be on hiring engineers and other technologists, with an architecture group, innovation lab, and select product teams slated to be based there, BlackLine's Hacienda facility will also house Sales/Marketing, Customer Success, and Professional Services employees. Two members of the BlackLine management team will be regular users of the new Pleasanton office: Chief Technology Officer Pete Hirsch and Chief Marketing Officer Andres Botero.

"There is a strong network of senior developers, software architects, cloud engineers, data scientists, product managers and UX designers in the San Francisco Bay Area from leading B2B SaaS companies who are ideal candidates for BlackLine's growing Product and Technology teams as we continue to expand our platform, integration, connectivity, and cloud services capabilities to better serve customers with their digital financial transformations," according to Hirsch. "Despite the smaller relative size of San Francisco compared to Los Angeles, the available pool of relevant talent likely doubles that currently available in LA, due to the specialized and concentrated technology focus in the Bay Area."

Designed to complement virtually all enterprise resource planning and other financial systems including SAP, Oracle, and NetSuite, BlackLine increases operational efficiency, real-time visibility, control, and compliance to ensure end-to-end financial close management and accounting automation from within a single, unified cloud platform. BlackLine helps companies modernize accounting operations with intelligent automation, ensuring more accurate and insightful financial statements and a more efficient financial close.

More than 2,700 companies with users around the world trust BlackLine to help ensure balance sheet integrity and confidence in their financial statements. Based in Los Angeles, BlackLine also has regional headquarters in London, Singapore, and Sydney in addition to its new office at Hacienda.

For more information, please visit www.blackline.com.

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