LOS ANGELES, Nov. 16, 2020 /PRNewswire/ — Accounting automation software leader BlackLine, Inc. (Nasdaq: BL) today announced new products as well as updates to its flagship cloud platform designed to further enable Finance & Accounting (F&A) departments to transform and modernize their operations. The new features and solutions will be unveiled this week in front of more than 15,000 registrants at BlackLine’s annual global user conference BeyondTheBlack™ 2020: The Modern Accounting Virtual Experience.
Highlights of BlackLine’s enhanced platform functionality and new offerings include:
BlackLine Cash Application to Simplify the Order-to-Cash Process
BlackLine is launching BlackLine Cash Application. Using AI and machine learning, BlackLine Cash Application enables organizations to manage cash flow and cash collection in real time, simplifying the order-to-cash process by automating both the collection and allocation of customer cash. The launch marks BlackLine’s entrance into the accounts receivable automation market following the acquisition of Rimilia,