LOS ANGELES, Oct. 5, 2017 /PRNewswire/ -- Therese Tucker, founder and CEO of financial automation software provider BlackLine, Inc. (Nasdaq: BL), has been named the 'Top Woman Leader in SaaS' (Software-as-a-Service) by The SaaS Report, a media outlet covering SaaS and related software markets.
Ms. Tucker was honored with the No. 1 spot on the 2017 list after making history in 2016 as the "first female founder/CEO to lead a VC (private equity)-backed Los Angeles start-up to its IPO," according to the Los Angeles Times. Tucker founded the accounting software company in 2001, then spearheaded its shift to a 100 percent SaaS/cloud business model in late 2007.
Today, BlackLine has nearly 2,000 customers with users in over 130 countries. A recognized leader and inspiration for other entrepreneurs and young women looking to excel in business, Tucker has spoken several times at leading universities including Harvard, Columbia and NYU, as well as at many industry and investment conferences. She and BlackLine have earned many additional awards and accolades, including 'CEO of the Year', 'IPO of the Year' and 'Europe Deal of the Year' awards in just the last six months.
The Top 25 Women Leaders in SaaS list was compiled by the writers and editors of The SaaS Report based on key factors including company performance, industry recognition and influence, as well as overall impact on their organizations.
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. Designed to complement virtually all ERP 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.
Enabling customers to move beyond outdated processes and point solutions to a Continuous Accounting model, in which real-time automation, controls and period-end tasks are embedded within day-to-day activities, BlackLine helps companies modernize accounting operations with intelligent automation, ensuring more accurate and insightful financial statements and a more efficient financial close. Nearly 2,000 companies with users in over 130 countries around the world trust BlackLine to help ensure balance sheet integrity and confidence in their financial statements.
BlackLine is recognized by Gartner as a Leader in its 2017 Magic Quadrant for Cloud Financial Corporate Performance Management (FCPM) and as a pioneer in the cloud market for enhanced financial control and automation of FCPM.
Based in Los Angeles, BlackLine also has regional headquarters in London, Singapore and Sydney. For more information, please visit www.blackline.com.
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