BlackLine, a prominent information and communication technology (ICT) vendor, relies on a network of sales channel partners to sell and distribute its offerings across its customer base. According to proprietary analysis in GlobalData’s BlackLine Partner Ecosystem Profile, the business process outsourcing, consulting services, and data and analytics categories account for 78% of the total partner engagements, as of December 2022. Buy the profile here.
BlackLine provides cloud-based software solutions. The companys continuous accounting platform support accounting processes, such as the financial close, account reconciliation, intercompany accounting and balance sheet integrity. The accounting process automation process offers automation services in journal validation, creation, and posting. The close process management keeps a record of all accounting and finance tasks to deliver reliable information across the organization. The balance sheet integrity process automates reconciliations from general ledger, to balance sheet account, credit card, bank, cash and inventory reconciliations. The intercompany hub creates intercompany transactions, distributes data and automated journal entries from a centralized system. Its services includes implementation, support and training services. BlackLine caters to public and private organizations including banks and credit unions, manufacturing, retail, financial and healthcare institutions. The company has operations across North America, Asia-Pacific, Africa and Europe. BlackLine is headquartered in Los Angeles, California, the US.
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As depicted in the chart above, BlackLine's partner engagements are focused on serving clients across North America, which accounted for majority of their overall partner engagements, followed by South & Central America, according to GlobalData's report.
Financial markets, healthcare, and manufacturing emerged as the top three industry verticals, that BlackLine is focusing on serving via its partners. These verticals together contributed 23.5% of the total vertical-specific partner engagements, with financial markets leading the partner engagement distribution.
The table below covers prominent partners of BlackLine based on GlobalData's proprietary scoring framework, which analyzes partner engagements on multiple parameters including revenue band, employee band, partnership certification, partner vertical and geography focus, among others. The majority of BlackLine's partners are value-added distributors or resellers.
GlobalData's Partner Network Database tracks and evaluates the partner ecosystem for over 300 ICT vendors, across 29 industries, 18 ICT solution areas, and 7 regions using a proprietary partner scoring framework. To uncover and analyses the partner network for other leading ICT vendors, access GlobalData's proprietary partner ecosystem profiles below:
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Partner Network Database tracks partner ecosystem of IT vendors. The database offers granular details on official partners of the IT vendors spread across the geographies. This analysis considers only partners details that are sourced from company website, press releases, CXO commentary from the publicly available sources and excludes all terminated and rumoured partner deals.
