Here's My Favorite Stock That No One's Ever Heard Of

For those working in the accounting field, the process known as period-end close is -- more often than not -- the bane of their existence. Imagine taking the manual routine of reconciling your checkbook and applying a similar process to dozens (if not hundreds) of income statements and balance-sheet accounts. It can be long, tedious, and frustrating -- and it plays out every month, every quarter, and every year. That's where BlackLine (NASDAQ: BL) comes in.

On this episode of Fool Live, which aired on Nov. 12, The Wrap host Jason Hall, Fool analyst Jim Gillies, and Fool.com contributor Danny Vena discuss this software-as-a-service (SaaS) company and why it's gaining a foothold in accounting departments everywhere.

Source Fool.com