Get away from manual, time-consuming financial close processes with FloQast. Its cutting-edge tools streamline your accounting workflows and boost collaboration among your finance teams. With its AI-enabled solution, FloQast automates mundane tasks and eases audit processes. Revolutionize your accounting operations with FloQast today.

FloQast Specifications

Financial Reporting

Invoice Management

Expense Tracking

Tax Management

View All Specifications

What Is FloQast?

Overview

FloQast is a cloud-based accounting workflow automation solution. Seasoned accountants design their services for overall accountants. By automating repetitive tasks, streamlining the audit process, and enabling early completion of monthly closings, FloQast transforms the way accounting professionals work. Its AI-supported tools simplify labor-intensive tasks, speed up the collaboration of teams, and track their progress.

FloQast Pricing

For each business and its unique size and requirements, the FloQast pricing varies. You can get a custom FloQast cost estimate for your business.

FloQast Integrations

FloQast software integrates with various third-party applications, including:

You can schedule a free FloQast demo to learn more about its integrations.

Who Is FloQast For?

FloQast is used in various industries, including:

  • Accounting
  • Computer software
  • Information technology and services
  • Financial services
  • Retail

Is FloQast Right For You?

FloQast is an ideal option if you’re looking for an AI-enabled automating workflow and close management solution. It seamlessly integrates your accounting operations into a unified platform, simplifying your workflow, enabling efficient task completion, and facilitating effective collaboration among internal and external teams. With FloQast, you effortlessly manage your work, track your team's progress, and foster seamless collaboration across all stakeholders.

Still not sure about FloQast? Contact us at (661) 384-7070 to help you make the best decision.

FloQast Features

FloQast provides robust reporting capabilities, allowing users to generate accurate and insightful financial reports. This feature enables easy access to critical financial data and facilitates informed decision-making.

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The solution allows users to define and track key performance indicators specific to their organization. It enables them to efficiently monitor financial performance, identify trends, and measure progress toward business goals.

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This feature ensures a reliable audit trail by maintaining a detailed record of all changes and activities within the platform. With FloQast, businesses can enhance transparency, accountability, and compliance, making audits more efficient and reliable.

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FloQast supports strategic planning by providing tools to enable users to create budgets, forecasts, and projections. It facilitates organizations in aligning their financial goals with their overall business strategy.

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FloQast allows users to perform ad hoc analysis of financial data. With such diverse tools, businesses can explore and analyze data flexibly and interactively. It also facilitates data-driven decision-making and helps uncover valuable insights.

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Pros and Cons of FloQast

Pros

  • Immediate notifications about changes
  • Smooth reconciliation and tracking
  • Quick implementation
  • Easy to customize

Cons

  • Limitations in its flux analysis tool
  • Occasional lagging

FloQast Reviews

Overall Rating

4.9

28 Review(s)

Rating Distribution

5

star

(25)

4

star

(3)

3

star

2

star

1

star

June 2024

FloQAST with Ease

Katherine

Consumer Goods

Ease of use

10

Value for money

8

Customer Support

8

Functionality

8

Pros

FloQast is incredibly user friendly. The notification emails for reconciliations changing are a fantastic feature. It also serves as a helpful tracker for prioritizing month-end closing tasks.

Cons

At the moment, I do not have any cons. I have been using FloQast for our monthly close process, and I look forward to exploring more features in the future.

June 2024

FloQast Leading the Accounting Close and SOX Management

Christina

Biotechnology

Ease of use

10

Value for money

10

Customer Support

9

Functionality

10

Pros

I absolutely love how FloQast consolidates accounting functions into one centralized location. It is great that all accounting documentation is easily accessible within the FloQast system and directly linked to our SOX compliance module.

Cons

It would be great to have more in-app linking between the modules and consistent features across each module.

June 2024

Outstanding Month-End Closing Tool

Rochelle

Hospital & Health Care

Ease of use

10

Value for money

10

Customer Support

10

Functionality

9

Pros

The dynamic tool provided by FloQast for organizing month-end tasks is fantastic. We no longer have to rely on Excel checklists. Thanks to FloQast, we have been able to reduce our month-end close time from barely making it by the last day of the month to just 15 business days!

Cons

My only complaint is the inability to duplicate prepaid items in the AutoRec feature. We have several monthly invoices that are prepaid, so being able to duplicate the previous month is item and make minor changes would be wonderful.

June 2024

How did we live without this tool!!

Kelli

Medical Practice

Ease of use

10

Value for money

10

Customer Support

10

Functionality

10

Pros

The ease of use and the ability to see close progress on a single page is excellent. The Remind feature is a valuable tool for those of us constantly waiting on documents from other departments.

Cons

I can honestly say that I do not have any dislikes! This tool is truly a lifesaver!

June 2024

Customer Oriented

Courtney

Hospital & Health Care

Ease of use

10

Value for money

10

Customer Support

10

Functionality

10

Pros

Its impressive how responsive FloQast is to customer feedback and questions. I love their dedication to addressing customer needs.

Cons

I would like to see improvements in the design of the variance analysis website.

June 2024

Great Product

Marlena

Medical Practice

Ease of use

10

Value for money

10

Customer Support

10

Functionality

10

Pros

Overall, FloQast is a fantastic product. Its user friendly and easy to navigate. The ability to upload existing Excel reconciliations has significantly improved the efficiency of our month-end close process.

Cons

With our company is multiple locations and divisions, the account reconciliation dashboard can become overwhelming due to the sheer number of accounts to reconcile.

June 2024

We Love Floqast

Jenna

Banking

Ease of use

10

Value for money

10

Customer Support

10

Functionality

10

Pros

I am amazed with the fact that we can import transactions from our general ledger into FloQast and reconcile on a daily basis. This allows our entire team to access the reconciliations instead of just having them in an Excel sheet. Initially, we were skeptical but now we would never go back. The time saved is easily three or more hours in a workday.

Cons

We are currently addressing any improvements with our FloQast representative. Connectivity issues have been the main concern, and we have not encountered any major problems.

March 2024

Ease of Use

Benjamin

Higher Education

Ease of use

10

Value for money

10

Customer Support

10

Functionality

10

Pros

The best thing about FloQast in my opinion is how easily new users can understand and successfully use the software. My department did not have to go through a lot of training to implement it. The software is intuitive and highly user friendly. The person assigned to guide us through the setup did an excellent job and I also liked the follow-up meetings after the go-live date to ensure a smooth experience. I also find the analytics component of the software, which we did not have before to be very valuable.

Cons

It would be great if FloQast offered better functionality for role-based security. However, we manage this by creating multiple companies and restricting access to each one. Although it is a minor inconvenience, I can still view all the data through a combined-company approach.

December 2023

FloQast to the Rescue!

Ash

Banking

Ease of use

10

Value for money

10

Customer Support

10

Functionality

10

Pros

I find the interface easy to work with especially the task checklist reminders and the AutoRec Matching tool.

Cons

I have genuinely enjoyed using FloQast right from the beginning and have not come across any drawbacks.

December 2023

FloQast Ease of Use is Excellent...and the Auditors Love it Too!

Deb

Insurance

Ease of use

10

Value for money

10

Customer Support

10

Functionality

10

Pros

Implementing FloQast was a hassle free task. We had recently completed a major ERP implementation, so we were expecting a similar experience with FloQast. However, we were pleasantly surprised to be up and running in less than two weeks. Whats even better is that our team started using the system before the training session led by FloQast because its that easy to use and intuitive! After the initial go-live, which focused on the monthly GL close and reconciliation process for the Accounting team, we expanded to the financial reporting team, FP&A, and Payroll. Each team is highly satisfied with the efficiency and control they have gained over their processes. The most significant benefit, though, has been rolling out the system to our external auditors. We transitioned the quarterly PBC list to FloQast, giving them access to our financial reporting, monthly close checklist tasks and reconciliation reports. Now, auditors can retrieve the data they need without assistance, saving us and them a significant amount of time during audits. The number of conversations and emails has drastically decreased, and we are now ahead of audit requests, often completing them well in advance of the due date!

Cons

My only criticism of FloQast would be regarding the Flux Reporting module, specifically the layout process for flux reports. It can still be a bit difficult to make modifications especially for financial statement line items. However, based on past experience I am confident that FloQast is actively working on improvements as many of the systems enhancements over the past three years have been a direct result of customer feedback and suggestions!

Frequently Asked Questions

The cost of FloQast is based on a quotation model and on a business's size and needs. You can get a customized FloQast pricing quote for your business.