BlackLine is an American software company that develops cloud-based services to automate financial process within an enterprise. Its stocks are trading with a 65% discount to its peak prices. Many companies from different sectors are cutting costs, including accounting staff spending. But, with this they have to introduce cheaper IT solutions to save on the financial workflow. Thus, this stock might be interesting to pick up.

The company has Chevron, Salesforce, Boeing and many others as its clients. The flexibility of its services is a key component of its success as it offers services to the companies from various sectors. BL is targeting small and medium businesses as a primary source of expansion in the nearest future. The segment is estimated at $28 billion, while BlackLine has it annual revenues at $500 million.