BlackLine Recognizes Industry Leaders in Financial Operations at 2025 Modern Accounting Awards
On September 8, 2025, BlackLine, the frontrunner in digital finance transformation, announced the recipients of its prestigious Modern Accounting Awards. This recognition highlights organizations that are pioneering the future of financial operations through innovative use of technology and strategic leadership. Among the acclaimed winners are industry giants: American Express Global Business Travel, Cavco Industries, and The Wendy's Company. These companies have demonstrated exceptional commitment to finance transformation, yielding impressive results and setting new benchmarks in their respective fields.
Celebrated Company Achievements
American Express Global Business Travel (Amex GBT) stood out for its ambitious and strategic deployment of BlackLine’s solutions. The company has made significant strides in automating its finance functions, successfully automating over 90% of high-volume reconciliations and achieving a remarkable 60% auto-certification rate for account reconciliations. This streamlined approach doesn’t just enhance efficiency; it is expected to almost halve manual journal entries, marking a pivotal shift towards a more resilient operational model. The transformative journey was guided by a dedicated global Center of Excellence, reinforcing Amex GBT’s commitment to future-ready financial operations.
Cavco Industries, a loyal BlackLine customer for more than ten years, exemplified persistent growth in its financial processes. Their collaboration with BlackLine has evolved, successfully moving from mere financial closing automation to integrating advanced Financial Reporting Analytics. This transition has allowed Cavco to modernize outdated manual processes, ensuring quicker reporting, error elimination, and enhanced visibility for leadership. This ongoing partnership signifies the potential for broader adoption across various units of Cavco, showcasing the importance of long-term collaboration in achieving sustained financial innovation.
Meanwhile, The Wendy's Company has made remarkable improvements by swiftly replacing legacy systems with BlackLine's suite of services. The rapid deployment of tools like Account Reconciliations and Transaction Matching has significantly optimized operations, ensuring compliance and driving efficiencies that scale seamlessly with their Oracle ERP. Wendy's story highlights the dual benefit of immediate and long-term value creation through transformative technology adoption.
Celebrating Leadership in Finance
Owen Ryan, co-CEO and Chairman of the Board at BlackLine, commented on the significance of these awards, stating, "We're proud to recognize these organizations not only for their achievements but also for their exemplary leadership in the realm of finance." He emphasized the attributes that define these winners: a bold mindset, technology reliance, and an unwavering focus on strategic value. Ryan’s insights reflect a growing recognition within the industry that innovation and transformation are not merely optional, but essential for success in a competitive landscape.
The winners will be honored during BlackLine’s global conference, BeyondTheBlack™, where they will have the opportunity to share their transformation journeys with thousands of finance and accounting professionals. This year’s North America event is scheduled for September 8-10, 2025, in Las Vegas, and serves as a platform for further exploring the impact of technology in financial operations. To find out more or to register, enthusiasts can visit the conference's official website beyondtheblack.com.
About BlackLine
BlackLine is a premier platform recognized for revolutionizing financial operations within organizations. By facilitating digital finance transformations, it empowers CFOs and their teams with accurate, efficient, and intelligent processes. Their comprehensive platform, Studio360, consolidates mission-critical processes such as record-to-report and invoice-to-cash, promoting streamlined data and optimized workflows. Additionally, BlackLine's strategic focus on real-time insights through visibility and automation has cemented its position as a trusted partner for over 4,400 customers across various industries. For more detailed information about their offerings, please visit blackline.com.
Celebrated Company Achievements
American Express Global Business Travel (Amex GBT) stood out for its ambitious and strategic deployment of BlackLine’s solutions. The company has made significant strides in automating its finance functions, successfully automating over 90% of high-volume reconciliations and achieving a remarkable 60% auto-certification rate for account reconciliations. This streamlined approach doesn’t just enhance efficiency; it is expected to almost halve manual journal entries, marking a pivotal shift towards a more resilient operational model. The transformative journey was guided by a dedicated global Center of Excellence, reinforcing Amex GBT’s commitment to future-ready financial operations.
Cavco Industries, a loyal BlackLine customer for more than ten years, exemplified persistent growth in its financial processes. Their collaboration with BlackLine has evolved, successfully moving from mere financial closing automation to integrating advanced Financial Reporting Analytics. This transition has allowed Cavco to modernize outdated manual processes, ensuring quicker reporting, error elimination, and enhanced visibility for leadership. This ongoing partnership signifies the potential for broader adoption across various units of Cavco, showcasing the importance of long-term collaboration in achieving sustained financial innovation.
Meanwhile, The Wendy's Company has made remarkable improvements by swiftly replacing legacy systems with BlackLine's suite of services. The rapid deployment of tools like Account Reconciliations and Transaction Matching has significantly optimized operations, ensuring compliance and driving efficiencies that scale seamlessly with their Oracle ERP. Wendy's story highlights the dual benefit of immediate and long-term value creation through transformative technology adoption.
Celebrating Leadership in Finance
Owen Ryan, co-CEO and Chairman of the Board at BlackLine, commented on the significance of these awards, stating, "We're proud to recognize these organizations not only for their achievements but also for their exemplary leadership in the realm of finance." He emphasized the attributes that define these winners: a bold mindset, technology reliance, and an unwavering focus on strategic value. Ryan’s insights reflect a growing recognition within the industry that innovation and transformation are not merely optional, but essential for success in a competitive landscape.
The winners will be honored during BlackLine’s global conference, BeyondTheBlack™, where they will have the opportunity to share their transformation journeys with thousands of finance and accounting professionals. This year’s North America event is scheduled for September 8-10, 2025, in Las Vegas, and serves as a platform for further exploring the impact of technology in financial operations. To find out more or to register, enthusiasts can visit the conference's official website beyondtheblack.com.
About BlackLine
BlackLine is a premier platform recognized for revolutionizing financial operations within organizations. By facilitating digital finance transformations, it empowers CFOs and their teams with accurate, efficient, and intelligent processes. Their comprehensive platform, Studio360, consolidates mission-critical processes such as record-to-report and invoice-to-cash, promoting streamlined data and optimized workflows. Additionally, BlackLine's strategic focus on real-time insights through visibility and automation has cemented its position as a trusted partner for over 4,400 customers across various industries. For more detailed information about their offerings, please visit blackline.com.
Topics Financial Services & Investing）
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