Updated: Mar 11
One of my favorite back office businesses I am invested in for the long-run just had their investor day presentation. I will use screen shots from the presentation, which can be found here. BlackLine operates in over 130 countries with 3,400+ customers. They have 60% of the Fortune 50 as customers, as well as 46% of the Fortune 500 as customers. BlackLine claims that the traditional manual accounting processes are NOT sustainable, hence the chart below showing the hectic chaos that comes out of it.