Business
BlackLine Honors 2023 Modern Accounting Award Winners: CVS Health, Barentz, Kimberly-Clark, Premier Trailer Leasing, Nippon Express Holdings, and Boeing
Leading organizations from around the world recognized for embracing modern accounting to drive transformational outcomes LOS ANGELES, Aug. 30, 2023
About this update from Blackline, Inc.
[{"type":"text","content":"Leading organizations from around the world recognized for embracing modern accounting to drive transformational outcomes\nLOS ANGELES, Aug. 30, 2023 /PRNewswire/ -- Digital finance transformation leader BlackLine, Inc. (Nasdaq: BL) has announced the winners of its 2023 Modern Accounting Awards. This is the fifth annual global awards program by the company, celebrating customers that have revolutionized their traditional accounting methods to adopt modern accounting practices. This year's winners, from various industries and regions, demonstrated impressive use of BlackLine's market-leading solutions, joining the ranks of previous notable recipients such as Domino's, Finning, SiriusXM, Starbucks, Takeda, and Zurich North America.\n\n \n \n \n \n \n \n\n \n2023 winners, awarded in seven categories, include:\nThe Accelerator: CVS Health – America's leading health solutions company saved time and money with BlackLine by automating routine work which freed up six full-time employees to focus on strategic activities.The Capitalizer: Barentz – The global life science ingredients distributor unified data and processes with BlackLine, reducing their financial closing process to just three days while scaling to support rapid global expansion.The Closer: Kimberly-Clark – Embracing continuous accounting, the multinational personal care products manufacturer reduced manual journal entries by 30% and increased auto-certification from 18% to 70% in only four months.The Modernizer: Premier Trailer Leasing – Amid rapid growth, the nationwide semi-trailer leasing and rental company implemented multiple BlackLine solutions and transformed their month-end close into a proactive, predictable, and scalable process.The Pioneer: Nippon Express Holdings – The global logistics company is taking on transformational challenges as the first in Japan to use BlackLine's Intercompany Financial Management solutions.The Transformer: Executing on a transformational vision, a global technology company reduced its month-end close, achieving a 95% automatic reconciliation rate, and improving balance sheet quality with BlackLine Financial Reporting Analytics.The Unifier: The Boeing Company – The global aerospace company leveraged multiple BlackLine solutions to unify data, processes, and visibility across a complex finance technology landscape, enabling the finance ...