Accounting and consulting firm McGladrey announced a formal alliance with BlackLine to use the software provider’s cloud-based financial automation platform to serve clients.

McGladrey’s finance and accounting outsourcing (FAO) practice, which uses technology and best practice processes to deploy outsourced business solutions, will now utilize BlackLine’s full SaaS platform, including its flagship financial close management solution, to serve its middle market clients.

Together, McGladrey and BlackLine will also offer a Business Process as a Service (BPaaS) solution combining McGladrey’s domain expertise and BlackLine’s cloud-based infrastructure to provide productivity enhancements, operational efficiency and improved bottom-line performance for financing and accounting processes.

“Based on our experience working with clients and talking with CFOs, we’ve heard the same story time and again: Organizations are constantly striving to shorten their close process,” stated Brian Becker, national leader of technology and management consulting for McGladrey. “By bringing together McGladrey's business transformation professionals with BlackLine's powerful technology, we are able to make a significant positive difference for our clients by automating their financial close and other critical finance and accounting functions.” 

 “We're looking forward to working closely with McGladrey's consulting team and sales force to provide their clients with our best-in-class solution for automating key processes and ensuring controls across their entire accounting and finance departments,” stated Chris Murphy, BlackLine’s chief revenue officer.  “McGladrey’s extensive experience serving mid-sized companies fits perfectly with our long-term strategy to deliver superior technology and client service to this largely untapped market.”

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