FloQast vs. Informatica MDM & 360 Applications vs. Winshuttle

It's really good in ensuring all of our accounting/finance people are on the same page and knowing what work is outstanding, at what step in the process reconcs or checklists or at, if we're tracking on time, who may need some additional support, etc. It really does a great job of letting us know when accounts are out of balance and needs to be looked at again. Ensures we will be fully ready for audit and pass with flying colors.

Incentivized

It is a robust software with great management and data model. It can be difficult to learn how to use and deploy the first time but the mapping and features work very well and have optimized our productivity and cost savings. We can customize reports, create rules and integrate with other applications. Overall I recommend it.

Incentivized

It is easy to use. No technical backgroud required. Works extremely well in SAP GUi environments. Need to improve capabilities in scenarios involving data grids. Also it has a opportunity to address scenarios in SAP web Applications such as SAP CRM. The license is named user based which is cost effective challenging. Maybe a concurrent based model would be more attractive

Incentivized

• Tracking of close tasks thanks to the monthly close calendar option
• Review - tasks are stamped with the reviewer name & date reviewed
• Ease of review - attachments are uploaded, account balances are populated via communication with the ERP, Note feature allows for review comments

Incentivized

• The control and excellent handling of all my data are a highlights of this program. Informatica MDM is a program that gives me the management that I deserve in my work.
• This software has enough technology to create and modulate the data at my convenience, and each of the functions of this program contribution to the management of these processes.

Incentivized

• "Training" I feel Winshuttle was extremely easy to learn' my team and I went to a week long training class on the uses of the software upon finishing the course we all became internal (company) support as well as expert functional users.
• "Ease of use" once a user learns the basics processes of the software it is functionally very easy to use and if there are problems with in the processing that cannot be supported internally Winshuttle community and support quickly helped clear up those issues, "if they occurred"
• "Processes data FAST" once the transaction is mapped and recorded the user can move through (process) large amounts of data very quickly, saving lots of time by eliminating manual steps.
• "Data Error Correction" through the transactional processing of large amounts of data, nothing is ever perfect, usually during data migration process if a single line fails the process stops, the correction is made to the data and the process starts all over again. Winshuttle data migration process doesn't stop it will provide a list of exceptions upon completion of the data load. It does this by only processing the "good" data and when bad data is encountered it is skipped and an error message is created and added to the data sheet. With this process the user now only has to worry about exceptions that didn't load and also knows why the line failed so making correction are easier and faster.

Incentivized

• It would be great to see drill down capabilities between account reconciliations/flux analyses that links to our transactional data in our ERP.
• I would like to see a litte more customization available in the analytics tab to add custom filter drop downs.
• I believe this is close to being released, but I'd like to see anticipated time commitments on the task level to be able to easily review capacity type reporting/analytics.

Incentivized

• Accommodate large legacy data sources such as SAP and Oracle.
• Gain trusted insights by providing analysts with validated financial and customer data.
• Implement the concept of Banking as a Service to bring Open Banking Capabilities and Digital Financial Services to customers.

Incentivized

• While the tool is flexible you sometimes have to take unconventional routes to get your results.
• More standard templates for the less known modules such as the RE/FX module.
• Incorporating similar Excel formulas prebaked in the template for Transaction (like Query) would be great.

It has proven to enhance our procedures with closing. It is an effective tool that I would recommend to create a more efficient closing procedure and get the team more aligned. It increases the accountability among the staff and helps to keep us on task and on time. It is easy to sign into and has reminder emails for tasks that are coming up or late.

Incentivized

Supporting well in managing our huge customer base and managing the customer hierarchies well aligned with transactional processes

Incentivized

Fantastic tool and honestly the best out there for the particular need. I cannot think of any reason we wouldn't renew as it truly offers the perfect solution to what is often a supremely difficult process. Also, I believe that from a cost perspective it is quite agreeable given the amount of benefit/ROI received

Incentivized

FloQast is incredibly intuitive and easy to use. The only reason I don't give it a 10 is that the Flux Analysis feature is not great in terms of getting the information into the system. Once it's in, fantastic! But some work is needed

Strong Customer MDM capabilities for de-duplication, merging, golden record, exposing customer master data. Strong Integration capabilities

Incentivized

Winshuttle is extremely useful for Master Data Management and Data Governance processes and becoming central system across 29 countries. Winshuttle implementation and configuration is extremely intuitive and easy to be done. There is no need for specific code language knowledge in order to develop items in Winshuttle. Winshuttle Forms UI is very flexible for setup and configuration and meets the end-user needs. Also its native API are very easy to integrate with various SAP systems and with minor adjustments Winshuttle is connected to other applications.

Incentivized

We have only noticed a slight slow down in accessing FloQast on a couple of occasions (near the beginning of a month when many people were likely trying to get online to close their books). The issue has always resolved itself with three to five minutes, so it's never been a hinderance.

FloQast's performance is great. The pages always load quickly, and reports are completed fast! I've never noticed any slowdown in our ERP from the interface with FloQast.

They are rapid in their response. If they can't immediately offer a solution, they continue to keep in contact with you to let you know where they are in resolving your issues. The staff is friendly & speaks to you in layman's terms, not so high-tech that you can't understand

Incentivized

I'm not sure since I never used support. My colleagues never had any issues with it, therefore my rating would be an 8 with a certain range of uncertainty.

The winshuttle staff are some of the best in the business. I have been working with them for several years and always have had a positive interaction. There support staff are very knowledgeable. There product managers are very supportive as well and always open to hear feedback on how you like the product and any gaps that you would like to find a solution to better improve the products.

Incentivized

The FloQast team members are just so personable. FloQast has clearly done a great job hiring people who are not just good at what they do, but are also fun to work with! They have placed people in the right roles and the customer benefits from this. I have enjoyed every opportunity I've had to work with a FloQast team member on training.

The online training is good. But like all online, pre-recorded training, it is never quite as good as in-person or live training where one can ask questions or get clarification. That said, FloQast has an extensive training library and most of the time, if one finds they need help on a topic, it can be answered by going to the online training and watching appropriate recording.

Implementation occured before I started with the company (but despite the instruction to skip the question if I did not participate, the site required I put in a rating in order to move on to the next page)

The integrator did a fair job and even though Business Change Management was complex, it was well concluded on time

Incentivized

Our design was simple. Originally we implemented two developer licenses, and 2 runner licenses

I used BlackLine at my previous job. Now I use FloQast at my current job. FloQast is, in my opinion, much easier to use than BlackLine and the looks and feels of the website are more user friendly and visually pleasing. BlackLine seemed like a separate system and was not really connected to Intacct (they used Intacct as well at my previous job). Everything just seemed clumsy with that system. FQ is smoother.

Incentivized

Informatica MDM has proven it's worth in the organization by driving the revenue growth. It saves our lot of time by filtering out duplicate values and helps in solving critical business problems. It is very helpful when we deal with a lot of data. Apart from this we can populate data on various third party integration which is most useful case

Incentivized

I do not think - from what I have found - there is a comparative to another product. Winshuttle is in a league of its own. There are some other vendors out there, but I have not found a product that can do what Winshuttle does when it comes to SAP data. Yes, there are other ideas and SAP based answers to data problems, LSMW or ABAP programming and SAP Business Objects or BW. These are all more labor intensive and require IT support to do the builds. The bottom line is, a customer wants a product that allows the business user to be able to meet their data demands with autonomy. And the Cost center owner does not want to break the bank or have a grandstanding deployment of something. Winshuttle products blend right into the stride of the business flow. And it is easy to support internally. I have found these point to be true in my case.

We started using it with one client/customer and now use it with fourteen entities and plan to add two more in the next couple of months. It has made it possible to grow our business without hiring additional personnel. We can do more work with the same number of people

• Has helped to reduce time to close from 7-8 days to 5 days .
• Allows all entities to follow the same process globally. This has reduced risk and allowed great oversight at the parent entity level.
• This has allowed the accounting team to provide real-time updates to the CFO and FP&A on close status.

Incentivized

• Every time this program is put into operation, the general management of each of the company's data is required, this program will present endless answers to its clients.
• With the help of the Informatica MDM, you can reduce or simply better respond to the number of work demands.

Incentivized

• It definitely resulted in a positive ROI in corporate finance, with increased efficiencies achieved for closing activities when time is of the essence, especially in those quarter-end and year-end closing activities.
• Posting ROI was realized during cut-over activities by project teams and master data management teams with the utilization of Winshuttle.
• It helps business folks make complex journal entries on an as needed basis, especially when the entry is complex and needs a lot of cost objects for correction or adjustment entries.

Incentivized