Rackspace customer, Blackline Systems, is a SaaS solution giving Fortune 1000 companies the ability to automate and control the financial close process with their SAS 70 Type II audited Blackline Financial Close Software Suite.
Blackline was not always a SaaS provider but started with traditional, on-premise software solutions. When they recognized the advantages of moving to a Sofware-as-a-Service solution, they had to figure out a way to overcome the historical reluctance of Fortune 1000 finance departments to allow their balance sheet and other financial data to move outside their corporate firewalls.
In addition to the challenge of transitioning to a SaaS solution, new user growth was at a 100% in 2010. With this type of growth, they needed a solution that could scale but also met their security requirements. Foremost, they needed experts that understood the critical nature of their infrastructure availability as they didn’t have the resources or expertise to build something on their own.
Blackline chose a hybrid solution from Rackspace that includes:
Blackline has seen great success with this solution as Mario Spanicciati, Executive Vice President of Operations of BlackLine Systems quotes:
“Rackspace has meant peace of mind to BlackLine. We’re very good at what we do, and we want to be able to focus our efforts on building and selling the best financial applications. Rackspace makes that possible.”