BlackLine Acquired NetNow to Expand Invoice-to-Cash Tools
Los Angeles-based BlackLine will integrate NetNow’s credit management tools into its platform.
Updated on Oct. 7, 2026 in Corporate Finance
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BlackLine announced the acquisition of NetNow on September 21, 2026, aiming to streamline its invoice-to-cash product suite. The deal adds customer onboarding and credit management services to the company's existing offerings.
Why it matters
This move allows BlackLine to provide a more comprehensive, end-to-end invoice-to-cash workflow for its clients. By purchasing these capabilities rather than building them internally, the firm seeks to accelerate its platform development cycle.
BlackLine completed this acquisition following its purchase of WiseLayer in December 2025. Financial terms of the NetNow deal remain undisclosed.
The players
BlackLine
A Woodland Hills, California-based software provider specializing in cloud-based accounting and finance automation solutions.
Patrick Villanova
The current CFO of BlackLine who has been with the firm since 2015 and previously spent 16 years at PricewaterhouseCoopers.
NetNow
A provider of customer onboarding and credit management services.
WiseLayer
A New York-based firm specializing in financial software components that was acquired by BlackLine in 2025.
The details
The integration process involves merging back-office systems, including finance, accounting, and HR departments. BlackLine leadership evaluated the deal by comparing the long-term cost and resource requirements of building these credit management features in-house versus acquiring an existing provider. Integration is expected to be completed within one year.
Timeline
September 21, 2026: BlackLine announced the NetNow acquisition.
December 2025: BlackLine acquired WiseLayer.
March 2025: Patrick Villanova became BlackLine CFO.
2015: Patrick Villanova joined BlackLine.
Market Landscape
This acquisition follows the pattern of platform consolidation set by the company's purchase of WiseLayer in December 2025. It reflects a broader trend of software providers seeking to close functionality gaps through targeted M&A rather than internal development.
Operators should monitor whether this integration leads to simplified vendor management or platform cost increases for current users. Given that AI software in the financial space is expected to change significantly within three years, prioritize software vendors that demonstrate clear consolidation roadmaps.
The takeaway
BlackLine's move suggests a strategic pivot toward owning the entire invoice-to-cash lifecycle through rapid integration of external modules. Business leaders should evaluate their current accounting tech stack to determine if vendor consolidation could reduce friction in onboarding and credit workflows.
Further reading
For more on industry consolidation, see Corporate Finance.
Source note: This article includes information reported by CFO Dive.
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