Barentz Wins the Capitalizer Award - 2023 Modern Accounting Awards from Blackline

November 1, 2023

Barentz, a leading global distributor of life science and specialty performance ingredients throughout North America, is honored to accept the Capitalizer Award from Blackline's 2023 Modern Accounting Awards for revolutionizing traditional accounting methods to adopt modern accounting practices.

The Capitalizer Award celebrates the use of BlackLine's accounts receivable automation solutions. Barentz was recognized for unifying data and processes with BlackLine and reducing the financial closing process to just three days, while scaling to support rapid global expansion. Barentz joins the ranks of these other notable 2023 Modern Accounting Award recipients: CVS Health, Kimberly-Clark, Premier Trailer Leasing, NIPPON Express Holdings, and The Boeing Company.

"We are honored to be recognized for the Capitalizer Modern Accounting by BlackLine this year," said Adam Wills, CPA, Financial Controller at Barentz. "This is a culmination of several years of hard work by the Barentz team to go beyond standard, manual accounting processes and continue to innovate and automate. We look forward to future collaboration with BlackLine and continue to practice Barentz' moto of Always a better solution."

About Barentz
Barentz is a leading global life science and specialty performance ingredients distributor. The company sources branded specialty ingredients from leading manufacturers worldwide and its ingredient experts provide value-added technical support which includes pre-mixing, blending, ingredient formulation and ingredient testing from its state-of-the-art, customized formulation centers and application laboratories in EMEA, Americas and Asia-Pacific.

Established in 1953, Barentz has operations in more than 70 countries with a strong presence in Europe and North America, and a rapidly growing network in Latin America and Asia-Pacific. With a turnover of €2.5 billion, the company employs around 2,600 people worldwide and serves over 25,000 customers. For more information, visit:

About BlackLine
Since our founding in 2001, BlackLine has become a leading provider of cloud software that automates and controls critical accounting processes.

Companies come to BlackLine because their traditional manual accounting processes are not sustainable. We help them move to modern accounting by unifying their data and processes, automating repetitive work, and driving accountability through visibility.