Introduction
The financial and accounting software company BlackLine (BL) is quickly becoming one of my favorite companies as I research and learn more. In this article I discuss the company's competitive advantages, how I think this differs from the company's moat and my flywheel model that demonstrates the key value drivers of BlackLine's business. Finally, I add a brief discussion of COVID-19 and how BlackLine will likely benefit significantly from the shift toward working from home.
Source: BlackLine.com
Cross-System Functionality As A Competitive Advantage
BlackLine states in its 10-K that its main competitive