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BlackLine Rolls Out New Product

Los Angeles-based BlackLine said on Tuesday that it has launched a new capability to its software, to provide what it calls "hyperautomation" of taxes for intercompany financial management. The company said its new capabilities are designed to help multinational corporations navigate the complexities of transacting across multiple legal entities, billing routes and jurisdictional boundaries. The company did not say how much the new capabilities cost. Blackline is a developer of accounting automation software.