FloQast

About FloQast

FloQast is a performance management platform developed for accountants, providing automated workflows for a streamlined and efficient business operation. The platform’s intuitive services and features are relied upon by numerous top companies like Ancestry, Los Angeles Lakers, Zoom, GrubHub, Yelp, etc. FloQast helps users accelerate accounting processes by offering a secure connection and seamless organizational features. Users can also collaborate and work as a unified virtual team on accounts, communicating throughout the process via comments, notes, and Slack messages. The platform delivers audit-ready capabilities enabling users to organize evidence-based documentation for quick support, review, and sign-offs. Moreover, with accounting automation users can increase workflow efficiency levels and deliver high-quality services in real-time. Also, centralizing workplace closing processes lets users clear responsibilities, tasks, and due dates from assignments effectively besides tracking their overall progress levels. Leveraging AI-powered automation, FloQast automatically reconciles multiple accounts, helping users auto-create excel reconciliations conveniently. It further offers seamless integration with ERPs like Oracle NetSuite, Saga Intacct Workday, and more.

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Pricing

Free Trial Not Available
Offers Custom plan.
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Platforms Supported

Browser Based (Cloud)

Organization Types Supported

All (Small, Medium, Large)

API Support

Available

Modes of Support

Online

FloQast Features

Show Feature Explanation

Key Performance Indicators

Evaluating and measuring the performance of the business which will help you make informed decisions and correcting past mistakes

Single Sign On

Access multiple applications using a single credential

Ad hoc Reports

Creates impromptu reports as and when the occasion requires

Strategic Planning

Defining future strategy or direction based on well-detailed reports and forecasts.

Reporting

Sends instant status reports about the task with customer feedback

Bank Reconciliation

Matching the balances of an entity's accounting records with the corresponding information on a bank statement.

Ad hoc Analysis

A statistical model, analytical report or any other type of data summary particularly designed to answer a single, specific business question.

General Ledger

Maintaining and recording all the accounting related transactions.

Audit Trail

A record of changes made in chronological order of a user or activity

Customer Support

Ensures after-sales interactions with your customers and solve queries related to your products and services

Dashboard

A digital insight of reports and other workings on a single screen

FloQast Pricing

Free Trial

Not available

Pricing Options

Premium Plans ( Quotation Based )

Pricing Plans

FloQast Custom

Features

At-a-Glance Updates
Collaborative Close Checklist
Reconciliations Always Tied Out
Organized Review Notes

Disclaimer: The pricing details were last updated on 27/04/2023 from the vendor website and may be different from actual. Please confirm with the vendor website before purchasing.

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FloQast Reviews

User Rating

4.8/5 (Based on 1,274 Ratings)

Rating Distribution

Excellent
79.1%
Very Good
19.8%
Average
0.9%
Poor
0.1%
Terrible
0.1%

User Sentiments

User-friendly Interface, Streamlined Close Process, Improved Team Collaboration, Extensive Integrations

Slow System Performance, Limited Customization Options, Inflexible Rollover Functionality, Inadequate Mobile Optimization

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Review Summary

FloQast, a cloud-based close management solution, has garnered positive feedback from users. Reviewers applaud its intuitive interface, ease of use, and ability to streamline the financial close process. The platform's automation features, real-time reporting, and integration capabilities are also highly regarded. However, some users have expressed concerns about occasional bugs, limited customization options, and the need for more robust budgeting and forecasting functionalities. Overall, FloQast is praised for its user-friendliness, efficiency, and contribution to improved financial accuracy and control.

Pros

Streamlines financial close processes, saving time and reducing errors.
Provides realtime visibility into financial data, enabling better decisionmaking.
Improves collaboration and communication between finance teams and stakeholders.
Offers robust reporting and analytics capabilities, helping businesses gain insights into their financial performance.

Cons

Requires significant upfront investment and ongoing maintenance costs.
May have a steep learning curve for some users, requiring training and support.
Can be complex to implement and integrate with existing systems, potentially leading to disruptions.
May not be suitable for small businesses with limited resources or less complex financial operations.

FloQast Reviews

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