STOCK TITAN

BlackLine® Receives SAP® Global Finance and Spend Management Partner Excellence Award 2025 for Partner Solution Success

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags

BlackLine (Nasdaq: BL) received the SAP Global Finance and Spend Management Partner Excellence Award 2025 for Partner Solution Success on October 6, 2025. The award recognizes top-performing partners based on SAP sales data and steering-committee evaluation of sales achievement and performance.

BlackLine is an SAP platinum partner with solution extensions that completed SAP's premium qualification process for record-to-report and intercompany governance. More than 1,200 companies run BlackLine alongside SAP to automate financial close tasks and improve accuracy, efficiency, and intelligence.

Loading...
Loading translation...

Positive

  • Received SAP Global Finance and Spend Management Partner Excellence Award 2025
  • Designated SAP platinum partner with premium-qualified solution extensions
  • Over 1,200 customers run BlackLine with SAP
  • Provides integrated record-to-report and intercompany governance capabilities

Negative

  • None.

News Market Reaction

-3.06%
1 alert
-3.06% News Effect

On the day this news was published, BL declined 3.06%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

LOS ANGELES, Oct. 6, 2025 /PRNewswire/ -- BlackLine, Inc. (Nasdaq: BL) today announced it received an SAP® Global Finance and Spend Management Award for Partner Excellence 2025 for Partner Solution Success. Awards were presented by SAP (NYSE: SAP) to top-performing partners for outstanding contributions related to Finance and Spend Management solutions. Award winners – in partnership with SAP – help customers innovate, gain rapid results, grow sustainably, and run more simply.

"Our partnership with SAP is built on empowering finance leaders to drive strategic value," said Owen Ryan, CEO of BlackLine. "As the leading partner for the Office of the CFO, we help our mutual customers transform their processes with the high-integrity, real-time data required to navigate a complex global landscape. This award celebrates the incredible results our customers are achieving, and we look forward to our continued innovation together, infusing trusted AI and intelligence across finance transformation."

Nominations are based on internal SAP sales data. A steering committee then determines winning partners in each category according to numerous criteria such as sales achievement and performance.

"The SAP Partner Excellence Award in Finance and Spend Management is conferred upon partners who exemplify innovation, strategic execution, and an unwavering commitment to customer success in enhancing financial performance and optimizing spend management. SAP is honored to recognize these distinguished partners, whose trusted collaboration delivers measurable value and drives transformative outcomes for customers worldwide," said Devesh Sharma, GVP for Ecosystem, SAP Finance and Spend Management.

Better Together: SAP and BlackLine Deliver the Gold Standard for Record-to-Report

BlackLine is an SAP platinum partner offering solution extensions specifically chosen to complement SAP's software. BlackLine provides robust record-to-report and intercompany governance capabilities that have undergone a premium qualification process exclusive to SAP solution extensions. Together, SAP and BlackLine deliver the gold standard for record-to-report by providing a fully integrated and end-to-end solution that maximizes accuracy, efficiency, automation and intelligence.

"You have to make sure you have the best technology," said Jose Prado, Global R2R BlackLine Design Lead, Anglo American. "That's why we partnered with BlackLine. Not only are they the leader in space, but they also integrate seamlessly with SAP."

This seamless integration frees finance and accounting teams from manual tasks, empowering them to focus on delivering the strategic insights that drive the business forward.

More than 1,200 of the world's leading companies currently run BlackLine alongside SAP to achieve future-ready finance. To learn more about SAP financial close solutions by BlackLine, please visit blackline.com/sap.

About BlackLine 
BlackLine (Nasdaq: BL), the future-ready platform for the Office of the CFO, drives digital finance transformation by empowering organizations with accurate, efficient, and intelligent financial operations. BlackLine's comprehensive Studio360 platform addresses mission-critical processes, including record-to-report and invoice-to-cash, enabling unified and accurate data, streamlined and optimized processes, and real-time insight through visibility, automation, and AI. BlackLine's proven, collaborative approach ensures continuous transformation, delivering immediate impact and sustained value. With a proven track record of innovation, industry-leading R&D investment, and world-class security practices, more than 4,400 customers across multiple industries partner with BlackLine to lead their organizations into the future. For more information, please visit blackline.com.

SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE (or an SAP affiliate company) in Germany and other countries. See http://www.sap.com/corporate-en/legal/copyright/index.epx for additional trademark information and notices. All other product and service names mentioned are the trademarks of their respective companies.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/blackline-receives-sap-global-finance-and-spend-management-partner-excellence-award-2025-for-partner-solution-success-302576158.html

SOURCE BlackLine

FAQ

What award did BlackLine (BL) receive on October 6, 2025?

BlackLine received the SAP Global Finance and Spend Management Partner Excellence Award 2025 for Partner Solution Success.

How does the SAP award affect BlackLine's position with SAP customers?

The award highlights BlackLine's role as a trusted SAP partner and reinforces its integrated solutions for finance automation and accuracy.

How many companies run BlackLine alongside SAP according to the announcement?

The announcement states that more than 1,200 companies run BlackLine alongside SAP.

What BlackLine capabilities were cited as part of the recognition?

BlackLine's record-to-report and intercompany governance capabilities, which underwent SAP's premium qualification process, were cited.

Where can investors find more information about BlackLine's SAP solutions?

Investors can learn more at blackline.com/sap.
Blackline Inc

NASDAQ:BL

BL Rankings

BL Latest News

BL Latest SEC Filings

BL Stock Data

3.24B
48.50M
8.36%
107.33%
9.46%
Software - Application
Services-prepackaged Software
Link
United States
WOODLAND HILLS