BlackLine Systems, Rackspace to ‘Demystify the Myths of SaaS’ in Part 2 of Webinar Series

Session to Focus on Impact of SaaS on Business, Benefits of Hosting Corporate Data Off-Site

CALABASAS, Calif.--(BUSINESS WIRE)--Financial software provider BlackLine Systems and global Internet hosting leader Rackspace (NYSE: RAX) will be conducting Part 2 in a series of three webinars designed to clarify what SaaS (Software-as-a-Service) is and remove the obscurity and fear surrounding the term; show how businesses can benefit from hosting critical applications with a reputable provider; and, demonstrate how finance organizations, in particular, can optimize their account reconciliation and financial close processes by implementing a SaaS solution.

Part 2, entitled “The Impact of SaaS on Business,” is scheduled for Thursday, Aug. 26, 2010, at 2 p.m. ET. The discussion will be led by Jeff Adler, CPA, VP, product expert at BlackLine, and Andy Schroepfer, VP of strategy for Rackspace Hosting.

During the hour-long session, BlackLine and Rackspace experts will concentrate on:

• Key Functional Areas/Applications that Can Be Optimized in a SaaS Environment
• Benefits of Moving Critical Business Applications to a Hosted Solution – from a financial/cost-savings, productivity and IT resources standpoint
• What To Look for in a SaaS Provider – checklist of evaluation criteria, key questions to ask upfront

To register, go to https://www2.gotomeeting.com/register/808292859.

The third webinar in the series will be held on Wednesday, Sept. 15, 2010.

If you have any questions, need additional information or missed Part 1 and would like access to the recorded webcast, please contact Howard Goldstein, Director of Marketing at BlackLine Systems, at [e-mail].

About BlackLine

Founded in 2001, BlackLine Systems was the first to develop and offer a commercially available Balance Sheet Account Reconciliation solution. An experienced provider of software to companies from the Fortune 100 to beyond the Fortune 1,000, BlackLine provides quick-to-implement, scalable and easy-to-use applications that automate the entire financial close process to help improve financial controls for companies of all sizes. BlackLine software applications complement existing Enterprise Performance Management (EPM), Governance Risk and Compliance (GRC) and Enterprise Resource Planning (ERP) systems.

BlackLine offers clients its enterprise-class software in a simple and secure OnDemand/SaaS platform. With a proven track record and a commitment to customer success, BlackLine seeks to reduce the burden the financial close places on accounting and finance professionals. For more information, please visit www.blackline.com.