BlackLine acquires NetNow to expand AI-powered financial operations platform

• BlackLine (NASDAQ:BL) acquired NetNow, an AI-enabled B2B customer onboarding and credit risk management platform.
• The acquisition expands BlackLine’s Invoice-to-Cash capabilities by adding automated credit assessment and customer onboarding tools.
• NetNow’s technology supports BlackLine’s Agentic Financial Operations strategy by connecting credit decisions with cash flow management.

BlackLine (NASDAQ:BL) announced the acquisition of NetNow, an AI-enabled B2B customer onboarding and credit risk management platform designed to improve financial operations.

The acquisition expands BlackLine’s Invoice-to-Cash capabilities by extending automation further upstream into processes that occur before customer transactions and invoicing.

NetNow’s platform helps businesses digitize and automate customer credit applications, trade reference checks, risk assessments, fraud detection and ongoing credit monitoring.

The platform combines multiple data sources to provide automated credit intelligence, AI-driven risk analysis and fraud detection capabilities.

It also enables credit teams to monitor customer portfolios and respond to changing risk conditions.

BlackLine said integrating NetNow supports its Agentic Financial Operations strategy, which focuses on using artificial intelligence and automation to improve financial decision-making and operational efficiency.

The acquisition expands BlackLine’s role across the customer financial lifecycle, linking customer onboarding, credit management, accounts receivable and cash flow optimization.