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BlackLine Sweeps TrustRadius Awards Taking 1st Place In All Financial Close Categories

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Accounting automation software leader BlackLine, Inc. (NASDAQ: BL) has taken first place in all financial close categories (Customer Support, Usability and Feature Set) in the ‘Best of Finance Software 2021 Awards‘ presented last week by TrustRadius, a leading B2B software peer reviews platform.

TrustRadius awards provide unbiased recognition of B2B technology products based entirely on customer feedback.  BlackLine was the only company recognized in the financial close space, having received strong acclaim from the BlackLine user community for the functionality and usability of its cloud platform, as well as the company’s industry leading customer support.

“BlackLine’s customers have spoken – giving top ratings across the board for customer support, usability and a diverse feature set – marking BlackLine as a clear favorite of the industry,” said Megan Headley, VP of Research at TrustRadius.  “Reviewers emphasize how professional, knowledgeable and communicative BlackLine’s support team is.  They also highlight how easily business professionals can manage and administer the platform.”

Each month, over a million B2B technology buyers, more than 50 percent from large enterprises, use verified reviews and ratings on TrustRadius.com to make informed purchasing decisions.  Here’s what users across multiple industries are saying about BlackLine’s Customer Support, Usability and Feature Set at TrustRadius.com:

  • “We LOVE BlackLine.  We use all modules (other than CIM due to company’s structure).  We implemented recons, tasks and journals globally.  The support team and our success manager are highly responsive.”  Sr. Manager, Accounting (Leisure, Travel & Tourism; 10,001+ employees)
  • “Overall, the product performs well and has reduced the company’s closing cycle.  From uploading large amounts of data to preparing/approving reconciliations, the UI (user interface) experience is second to none and very easy to use.”  Sr. Manager, Corporate Accounting (Environmental Services; 1,001 to 5,000 employees)
  • “Previously we had a very archaic process that was driven by Excel spreadsheets and manual checklists.  This product also increased our general transparency across entities as we can now easily look into the reconciliations and accounts of foreign entities that we previously did not have access to.”  Sr. Accountant (Electrical & Electronic Manufacturing; 1,001 to 5,000 employees)
  • “Our support people always get back to us quickly and provide effective solutions to our problems and answers to our questions.  We’ve successfully resolved many problems, such as updating our certificates, with very little unnecessary back-and-forth or wasted time.”  BlackLine Application Administrator/Sr. Accountant II (Leisure, Travel & Tourism; 10,001+ employees)

“Congratulations to the BlackLine team on winning all three awards.  It is truly an accomplishment worth celebrating, to have customers recognize their outstanding support, user-friendly design, and breadth of capabilities in reviews,” said Vinay Bhagat, CEO of TrustRadius.

To read reviews from additional BlackLine users, go here.

About BlackLine

Companies come to BlackLine (NASDAQ: BL) because their traditional manual accounting processes are not sustainable.  BlackLine’s cloud-based solutions and market-leading customer service help companies move to modern accounting by unifying their data and processes, automating repetitive work, and driving accountability through visibility.  BlackLine provides solutions to manage and automate financial close, accounts receivable and intercompany accounting processes, helping large enterprises and midsize companies across all industries do accounting work better, faster and with more control.

More than 3,200 customers trust BlackLine to help them close faster with complete and accurate results.  The company is the pioneer of the cloud financial close market and recognized as the leader by customers at leading end-user review sites including Gartner Peer Insights, G2 and TrustRadius.  Based in Los Angeles, BlackLine also has regional headquarters in LondonSingapore and Sydney.  For more information, please visit blackline.com.

SOURCE BlackLine

Related Links

http://www.blackline.com

This article appeared first on here.

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BenzingaEditorial

Apple’s First Ever $100 Billion Quarter

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On the wings of iPhone 12 sales, Apple (NASDAQ: APPL) delivered its first and largest quarter of all time, crossing the symbolic 100 billion mark in one quarter. This is the YoY increase of sales for 21%. This is the company’s first quarter after introducing iPhone 12 family (the iPhone 12 mini, the iPhone 12, the iPhone 12 Pro, and the iPhone 12 Pro Max). But not only iPhone sales went up. Every other Apple’s product category showed an increase in double-digit percentages. Still, the main culprits for this sale super-cycle are the first 5G iPhone and the lockdown, so many consumers which held their older phones for some time just waited for the moment to upgrade to the latest mobile connectivity technology.

Q1 2021 results

In its fiscal Q1 2021, Apple managed to achieve revenues of $111.44 billion, instead of the estimated $103.28 billion. This is an increase of 21% YoY. Even the later start of sale of iPhone 12 and the closing of several retail locations due to the COVID-19 pandemic could not harm the all-time high iPhone sales that amounted to $65.6 billion. The previous record was achieved in the fiscal Q1 of 2018, when the iPhone sales reached $61.58 billion. Earnings per share were $1.68, while the estimate was $1.41. All other product categories also performed well. Service revenues were up 24% YoY, iPad revenues increased 41%, Mac revenues hopped 21%, and the story goes on. The gross margin was 39.8% which is much better than the expected 38%.

Facebook

Facebook (NASDAQ: FB) also delivered earnings beat with its fourth quarter results but the social media giant warned of impact from Apple privacy changes that are part of the iOS14 package. These looming changes along with a reversal in pandemic trends could harm its advertising business. Although its userbase in Europe increased from 305 million to 308 million daily active users, it fell In the U.S. and Canada, to 195 million daily active users from 196 million a quarter earlier which is why the company will be taking steps to reduce the political content on its platform.

Outlook

Although Apple did provide any guidance for the undergoing quarter, this has been the case since the pandemic started. Even with the lack of forecasts, the results speak for themselves. As its FAANG and tech peers, Apple had benefited from the pandemic as more and more people had to work or study from home. Not to mention that new Apple products don’t come that often and the pandemic has taken away a lot of pleasures we get to enjoy in, so Apple is well set to ride this super sale wave.

This article is not a press release and is contributed by a verified independent journalist for IAMNewswire. It should not be construed as investment advice at any time please read the full disclosure. IAM Newswire does not hold any position in the mentioned companies. Press Releases – If you are looking for full Press release distribution contact: press@iamnewswire.com Contributors – IAM Newswire accepts pitches. If you’re interested in becoming an IAM journalist contact: contributors@iamnewswire.com

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BenzingaPRs

Worksport Announces raising over US$2,000,000 in Regulation-A Offering to Date.

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Worksport WKSP

TORONTO – January 28, 2021 — Worksport Ltd (OTC: WKSP) (or the “Company”) is announcing that, to date, it has now raised  over US$2 Million from its Regulation A  offering. The offering can remain open until November 2021 but with over 50% of the target amount already received, the Company expects to close the offering before that time due to the better then expected interest and support. The Company had announced raising its first US$1,000,000 earlier this month. The capital raised in this second milestone tranche is to be used for expeditious growth, research and development, inventory and brand development. Worksport management is also considering acquisitions and partnerships as a strategic means of future additional growth.

“The overwhelming positive response to the Regulation A offering and attracting over one half of the target amount so quickly after it was available demonstrates that the Company lives up to its word and is meeting the many milestones that we set out to achieve – and did achieve — since inception,” said Worksport CEO Steven Rossi. “The offering’s success has been very gratifying, and we are deeply appreciative of the many individuals who invested and share our vision of a bright future.”

Worksport management will be disclosing details on plans for new projects as well as details on milestones relating to its conventional product lineup, and new team members in the near future.

Worksport’s Regulation A offering is still open at www.invest.worksport.com – any interested investors are encouraged to participate in this opportunity before it closes. Minimum investment is $500, and all securities purchased are registered and tradeable. Investors have an opportunity to purchase one common share and one 12-month warrant, directly from the Company. Investors are encouraged to view the company’s newest investor presentation at: https://presentation.worksport.com/

Any interested investors or shareholders are also encouraged to follow the company’s social media accounts on Twitter, Facebook, LinkedIn, and Instagram, as well as sign up for the company’s newsletters on both www.worksport.com and www.goterravis.com, to stay up to date on all of the latest news. Worksport will continue to update shareholders, supporters, and investors to maintain the highest level of disclosure and information dissemination as Worksport continues to grow and develop at a very rapid pace.

About Worksport Ltd.

Worksport Ltd., an innovative manufacturer of high quality, functional, and aggressively priced tonneau covers for light trucks like the F150, Sierra, Silverado, Canyon, RAM, and Ford F-Series. For more information, please visit www.worksport.com. Currently listed on the OTCQB Market under the trading symbol “WKSP.”

Connect with Worksport:

LinkedIn

Facebook

Twitter

Instagram

For further information please contact:

Mr. Steven Rossi
CEO & Director

Worksport, Ltd

T: 1-888-554-8789
E: srossi@worksport.com

Forward-Looking Statements

This document may contain forward-looking statements, relating to Worksport, Ltd. operations or to the environment in which it operates, which are based on Franchise Holdings International Inc. operations, estimates, forecasts and projections. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to predict, and/or are beyond Worksport, Ltd.’s ’s control. A number of important factors could cause actual outcomes and results to differ materially from those expressed in these forward-looking statements. Consequently, readers should not place any undue reliance on such forward-looking statements. Worksport, Ltd. disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. No Stock Exchange or Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

 

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BenzingaEditorial

Working From Home Trend and Gaming Did The Trick for Microsoft

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On Tuesday, Microsoft (NASDAQ: MSFT) succeeded in beating forecasts far above expectations due to a boom in PC sales, increased demand for gaming and cloud services. The pandemic might have put a lot of constraints to its customers, but it also led to a structural change as businesses across the globe shifted to digital operations and saw it as key to increasing their resilience. Upon the results, Microsoft’s stock was up 5% in after-market trading.

Q2 2021 figures

Revenues increased 17percent as they amounted to $43.1 billion and exceeded $40.2 billion expected by Bloomberg. Earnings per share were $2.03, topping the expected $1.64.

The commercial cloud businesses which Wall Street sees as the main engine of Microsoft’s future growth is reaccelerating. These businesses that include Office 365 and Azure cloud platform, generated revenue of $16.7 billion in the latest quarter, which is 34 per cent up from a year before. At the same time, the launch of a new Xbox Series S and Xbox Series X lifted the gaming business as revenue of Xbox content and services was up a whopping 40% in the quarter. Personal Computing division was also up by 14 per cent as revenues amounted to $15.1 billion.

Meanwhile, the Productivity and Business Processes division reported revenue of $13.4 billion, which is a 13 percent increase. This growth was fueled by strong demand for Office 365 which grew 20 percent when adjusted for currency, which is line with the previous quarter.

Adding more fuel

Microsoft recently announced that it was investing $2 billion to be the preferred cloud provider of the General Motors (NYSE: GM) and Honda-backed (NYSE: HMC) autonomous vehicle firm Cruise. Under the agreement, Microsoft will provide cloud infrastructure for Cruise to better enable autonomous vehicles to navigate highways and surface streets in the future.

A sign of confidence

Microsoft also forecast revenue for the current quarter in the range between$40.35billion and $41.25bn. Themidpoint of the rangewould represent another quarter of 17 per cent growth, beating the 11 per cent that Wall Street forecasted.

Takeaway

Its strength in the cloud and personal computing enabled Microsoft to blow away Q2 expectations. As Mr. Nadella had put it, digital transformation is sweeping every company and every industry across the globe. Microsoft is powering this second wave of transformation that is even stronger than the first one as the world is now creating a new normal that will stay long after the COVID-19 pandemic becomes history.

This article is not a press release and is contributed by a verified independent journalist for IAMNewswire. It should not be construed as investment advice at any time please read the full disclosure. IAM Newswire does not hold any position in the mentioned companies. Press Releases – If you are looking for full Press release distribution contact: press@iamnewswire.com Contributors – IAM Newswire accepts pitches. If you’re interested in becoming an IAM journalist contact: contributors@iamnewswire.com

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