BlackLine, Inc. (BL) is a unique player in the world of digital transformation, providing applications for the financial close process. The company offers eight individual solutions for the finance department, including "Balance Sheet Integrity, Close Process Management, Accounting Process Automation, Finance Transformation, Intercompany Hub, and Smart Close."
(Source: BlackLine)
While the pandemic initially had some impact on BlackLine's business, revenue has slowly been recovering. In many cases, the pandemic has not dampened customer needs for transforming the labor-intensive financial close process and BlackLine is in a unique position to provide the software applications.