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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    FloQast

    Score8.9 out of 10
    Mid-Size Companies (51-1,000 employees)
    FloQast offers their financial close software to streamline accounting month end close, simply providing automation around reconciliation and eliminating human error, and visibility via a close status dashboard, as well as providing a complete audit trail.N/A

    QuickBooks Desktop Pro

    Score7.8 out of 10
    N/AQuickbooks Desktop Pro is accounting software from Intuit, Inc. It includes core accounting features, plus analytics and exportable reports. It is offered in on-premise and SaaS forms.N/A
    Pricing
    FloQastQuickBooks Desktop Pro
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    FloQastQuickBooks Desktop Pro
    Free Trial
    NoNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoNo
    Entry-level Setup FeeRequiredNo setup fee
    Additional Details——
    More Pricing Information
    Community Pulse
    FloQastQuickBooks Desktop Pro
    Considered Both Products
    FloQast
    Chose FloQast
    I have experience using Asana and Jira in previous jobs and while they are both useful, neither are tailored to accounting. That is where I feel that FloQast truly shines - there are so many features that other project management softwares are lacking, and after using FloQast …
    Incentivized
    Chose FloQast
    It isn't really the same thing at all. Totally different use. I have never seen or used another product that comes close to FloQast in function.
    Incentivized
    Intuit
    No answer on this topic
    Key User Insights
    Would buy again
    100%
    Would buy again
    151 Answers
    88%
    Would buy again
    29 Answers
    Delivers good value for the price
    100%
    Delivers good value for the price
    135 Answers
    93%
    Delivers good value for the price
    28 Answers
    Happy with the feature set
    99%
    Happy with the feature set
    150 Answers
    97%
    Happy with the feature set
    32 Answers
    Lived up to sales and marketing promises
    100%
    Lived up to sales and marketing promises
    98 Answers
    83%
    Lived up to sales and marketing promises
    20 Answers
    Implementation went as expected
    100%
    Implementation went as expected
    102 Answers
    96%
    Implementation went as expected
    25 Answers
    Features
    FloQastQuickBooks Desktop Pro
    Consolidation and Close
    Comparison of Consolidation and Close features of FloQast and QuickBooks Desktop Pro
    Feature
    FloQast
    7.6
    128 Ratings
    2% below category average
    QuickBooks Desktop Pro
    -
    Ratings
    Financial data consolidation7.277 Ratings00 Ratings
    Journal entries and reports7.957 Ratings00 Ratings
    Multi-currency management4.440 Ratings00 Ratings
    Detailed Audit Trails9.793 Ratings00 Ratings
    Customizable Workflows8.6108 Ratings00 Ratings
    Payroll Management
    Comparison of Payroll Management features of FloQast and QuickBooks Desktop Pro
    Feature
    FloQast
    -
    Ratings
    QuickBooks Desktop Pro
    6.6
    69 Ratings
    14% below category average
    Pay calculation00 Ratings6.364 Ratings
    Benefit plan administration00 Ratings6.338 Ratings
    Direct deposit files00 Ratings6.656 Ratings
    Salary revision and increment management00 Ratings6.352 Ratings
    Reimbursement management00 Ratings7.754 Ratings
    Customization
    Comparison of Customization features of FloQast and QuickBooks Desktop Pro
    Feature
    FloQast
    -
    Ratings
    QuickBooks Desktop Pro
    5.7
    43 Ratings
    28% below category average
    API for custom integration00 Ratings6.535 Ratings
    Plug-ins00 Ratings5.039 Ratings
    Security
    Comparison of Security features of FloQast and QuickBooks Desktop Pro
    Feature
    FloQast
    -
    Ratings
    QuickBooks Desktop Pro
    8.5
    101 Ratings
    4% above category average
    Single sign-on capability00 Ratings8.482 Ratings
    Role-based user permissions00 Ratings8.695 Ratings
    Reporting & Analytics
    Comparison of Reporting & Analytics features of FloQast and QuickBooks Desktop Pro
    Feature
    FloQast
    -
    Ratings
    QuickBooks Desktop Pro
    8.5
    117 Ratings
    8% above category average
    Dashboards00 Ratings8.4100 Ratings
    Standard reports00 Ratings8.9117 Ratings
    Custom reports00 Ratings8.1114 Ratings
    General Ledger and Configurable Accounting
    Comparison of General Ledger and Configurable Accounting features of FloQast and QuickBooks Desktop Pro
    Feature
    FloQast
    -
    Ratings
    QuickBooks Desktop Pro
    7.5
    124 Ratings
    2% below category average
    Accounts payable00 Ratings9.3119 Ratings
    Accounts receivable00 Ratings9.2121 Ratings
    Cash management00 Ratings9.2107 Ratings
    Bank reconciliation00 Ratings9.7119 Ratings
    Expense management00 Ratings9.4108 Ratings
    Time tracking00 Ratings7.451 Ratings
    Fixed asset management00 Ratings5.669 Ratings
    Multi-currency support00 Ratings6.931 Ratings
    Multi-division support00 Ratings8.958 Ratings
    Regulations compliance00 Ratings8.342 Ratings
    Electronic tax filing00 Ratings8.355 Ratings
    Self-service portal00 Ratings5.941 Ratings
    Global Financial Support00 Ratings4.217 Ratings
    Primary and Secondary Ledgers00 Ratings7.240 Ratings
    Intercompany Accounting00 Ratings7.943 Ratings
    Localizations00 Ratings4.219 Ratings
    Journals and Reconciliations00 Ratings8.876 Ratings
    Enterprise Accounting00 Ratings6.838 Ratings
    Configurable Accounting00 Ratings7.647 Ratings
    Centralized Rules Framework00 Ratings5.427 Ratings
    Standardized Processes00 Ratings8.555 Ratings
    Inventory Management
    Comparison of Inventory Management features of FloQast and QuickBooks Desktop Pro
    Feature
    FloQast
    -
    Ratings
    QuickBooks Desktop Pro
    5.8
    59 Ratings
    23% below category average
    Inventory tracking00 Ratings6.056 Ratings
    Automatic reordering00 Ratings6.035 Ratings
    Location management00 Ratings6.032 Ratings
    Manufacturing module00 Ratings5.218 Ratings
    Order Management
    Comparison of Order Management features of FloQast and QuickBooks Desktop Pro
    Feature
    FloQast
    -
    Ratings
    QuickBooks Desktop Pro
    6.8
    77 Ratings
    8% below category average
    Pricing00 Ratings7.555 Ratings
    Order entry00 Ratings8.555 Ratings
    Credit card processing00 Ratings7.251 Ratings
    Cost of goods sold00 Ratings8.063 Ratings
    Order Orchestration00 Ratings5.220 Ratings
    End-to-end order visibility00 Ratings6.123 Ratings
    Order exception Resolution00 Ratings5.218 Ratings
    Best Alternatives
    FloQastQuickBooks Desktop Pro
    Small Businesses
    No answers on this topic
    QuickBooks Self-Employed (discontinued)
    Score4.2 out of 10
    Medium-sized Companies
    BlackLine
    Score8.9 out of 10
    MYOB
    Score8.3 out of 10
    Enterprises
    BlackLine
    Score8.9 out of 10
    Microsoft Dynamics GP
    Score5.4 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    FloQastQuickBooks Desktop Pro
    Likelihood to Recommend
    8.6
    (155 ratings)
    8.5
    (135 ratings)
    Likelihood to Renew
    7.4
    (7 ratings)
    8.0
    (19 ratings)
    Usability
    8.2
    (6 ratings)
    9.1
    (42 ratings)
    Availability
    5.6
    (4 ratings)
    8.3
    (2 ratings)
    Performance
    7.3
    (3 ratings)
    -
    (0 ratings)
    Support Rating
    7.9
    (10 ratings)
    1.2
    (29 ratings)
    In-Person Training
    9.1
    (2 ratings)
    10.0
    (1 ratings)
    Online Training
    7.4
    (2 ratings)
    -
    (0 ratings)
    Implementation Rating
    9.1
    (3 ratings)
    9.0
    (6 ratings)
    Configurability
    7.3
    (3 ratings)
    -
    (0 ratings)
    Contract Terms and Pricing Model
    7.3
    (1 ratings)
    -
    (0 ratings)
    CPA Rating
    -
    (0 ratings)
    8.5
    (22 ratings)
    Ease of integration
    7.3
    (3 ratings)
    -
    (0 ratings)
    Product Scalability
    8.2
    (4 ratings)
    8.0
    (1 ratings)
    Vendor post-sale
    7.3
    (3 ratings)
    -
    (0 ratings)
    Vendor pre-sale
    7.3
    (3 ratings)
    -
    (0 ratings)
    User Testimonials
    FloQastQuickBooks Desktop Pro
    Likelihood to Recommend
    FloQast
    I used another vendor for close management before, and comparing the two, FloQast is easier to use and the site navigation is much easier. The looks and feels of the site are more engaging and pleasant. As mentioned before in the previous question, their Journal Entry posting functionality is not suited for a company with multiple entities since it only allows you to book an entry when debits and credits are hitting the same entity
    Incentivized
    Read full review
    Intuit
    For a small business, QuickBooks Desktop Pro is great! For a larger, more complex business, another system may be more beneficial. We actually run multiple businesses on QuickBooks Desktop Pro, but all are very small. The help feature is sometimes so beneficial, and sometimes it seems like you just can't get the right answer and need to find a workaround - but this is usually for more complex issues.
    Read full review
    Pros
    FloQast
    • Provides a clear status of the month end close.
    • Allows us to analyze tasks by team member and reassign as needed.
    • It syncs with our ERP Netsuite to ensure balance sheet reconciliations can be tied out directly.
    • It also connects with Slack to notify users of key deadlines and changes in review status for team tasks.
    Incentivized
    Read full review
    Intuit
    • It is easy to manage and adjust inventory on hand.
    • It is easy to make reports and customize them to your needs.
    • We also use it to pay our employees directly.
    • It is easy to make year-to-year comparisons to see where we can make improvements and the current financial situation.
    Incentivized
    Read full review
    Cons
    FloQast
    • A setting to allow for attachments to automatically be opened within the app (Adobe, Excel, etc.) rather than as a separate tab in the browser
    • Some of our tasks are quarterly or annual so assigning a very specific date would be helpful
    • Eliminate the need of "closing" review notes. Once we change the status to Resolved, that should be sufficient. Make Resolved and Closed one and the same
    Incentivized
    Read full review
    Intuit
    • QuickBooks Desktop Pro has been around for a few years and after an update[,] they force you to look at the changes/updates before you can use [them] after updating.
    • QuickBooks Desktop Pro does not have 2FA.
    • QuickBooks Desktop Pro should offer a way to store backups to a personal cloud without having to map a local network drive.
    Incentivized
    Read full review
    Likelihood to Renew
    FloQast
    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
    Read full review
    Intuit
    I'd love to keep using it, and do intend to - though we've not been pleased with price increases over the past several years. In fact, we used to subscribe to the payroll service, but QuickBooks priced themselves out of reach for us, so we discontinued that. Currently, pricing would be the primary reason for NOT renewing, if we didn't.
    Incentivized
    Read full review
    Usability
    FloQast
    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
    Read full review
    Intuit
    The set up was quite easy. I took some online training causes, and figured our the rest pretty quickly. The only issue I had during the implementation process was it was very hard to change some of the GL Account name to reflect the needs of a non-profit organization, such as Net Assets. At the end I had to scratch what I did, and used the existing formats that the third-party bookkeeping firm shared. Everything else is simple and easy to manage and implement.
    Incentivized
    Read full review
    Reliability and Availability
    FloQast
    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.
    Read full review
    Intuit
    I haven't experienced a time when QuickBooks Pro was unavailable when I needed it in the entire 20 years of using the software
    Incentivized
    Read full review
    Performance
    FloQast
    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.
    Read full review
    Intuit
    No answers on this topic
    Support Rating
    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
    Read full review
    Intuit
    They are awful. Intuit doesn't spend real money on support. They appear to have typically said, first-level script readers who are sending messages to the senior people for anything even a little bit difficult. Many of them don't speak particularly good English. Considering that they recently doubled (or, if you are paying annually, tripled) their pricing, and touted as one of the benefits that it includes [..] support, it's a real ripoff. However, we have to use the product because it is ubiquitous. I look forward to the day a competitor comes up with something good enough, which has excellent support, that matches all the features QuickBooks Desktop Pro currently has [...] or at least gives us a way to have all the functionality we currently have without excessive sacrifice [...] so that we can switch. I was very satisfied with QuickBooks for many years. This latest [rise] in price, and their sheer gall at touting the benefit of the 100 to 200% increase as being [the] inclusion of support, is what turned me so far against them.
    Incentivized
    Read full review
    In-Person Training
    FloQast
    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.
    Read full review
    Intuit
    Best thing I ever did was to attend a two day training seminar on QuickBooks, I learned an immense amount in a short time with hands on training by experts. I strongly recommend such training for anyone using any part of the software. It will pay for itself in the first month.
    Read full review
    Online Training
    FloQast
    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.
    Read full review
    Intuit
    No answers on this topic
    Implementation Rating
    FloQast
    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)
    Read full review
    Intuit
    We implemented the software ourselves. The training we received on the software was done by taking a community course teaching us how to use QuickBooks. It allowed me to get started with some basics of how to use the program and have not needed much assistance since completing the course work.
    Incentivized
    Read full review
    Alternatives Considered
    FloQast
    At the time we picked FloQast, they were the most cost effective and easiest tool to use. Fast forward a little bit, and Numeric has come to market. I really lie Numeric to be honest and feel that their pricing is better and for that lower pricing, they include more functions. However, we continued with FloQast for ease of continuity and my team is time strapped. What that said, FloQast is great - nothing wrong with it other than it could be cheaper.
    Incentivized
    Read full review
    Intuit
    We tried switching from QuickBooks Desktop Pro to QuickBooks Online, but there were a lot of issues and bugs so we ultimately decided to stay with Desktop Pro. Unfortunately, we are losing a lot of Online Banking capabilities on 5/31 as we have an older version of QB, but we plan to stick with Desktop Pro. In terms of invoicing, SaaSOptics beats QuickBooks in almost all aspects as it's all automated and takes seconds to create and send invoices. However, SaaSOptics is not really a full ERP program so it wouldn't serve us as a main bookkeeping software like QB.
    Incentivized
    Read full review
    Contract Terms and Pricing Model
    FloQast
    I had no control over the contract
    Incentivized
    Read full review
    Intuit
    No answers on this topic
    Scalability
    FloQast
    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
    Read full review
    Intuit
    No answers on this topic
    Return on Investment
    FloQast
    • Floqast has reduced our closing schedule by roughly 15-20% of the time it took us beforehand.
    • The product has been very beneficial for us during audit time when we can easily demonstrate our control workflows on reconciliation and task approvals.
    • I can update our CFO at any point in time how we are trending towards close and can coordinate with finance as to the moment journal entries have been completed
    Incentivized
    Read full review
    Intuit
    • Training time is low compared to other accounting packages
    • It was difficult to adapt to DCAA requirements, [which] required [the] hiring of [a] special consultant for that
    • QuickBooks Desktop Pro is a standard for small companies and makes it easy to hire bookkeepers
    Incentivized
    Read full review
    ScreenShots

    FloQast Screenshots

    Screenshot of the analytics that displays progress throughout the closeScreenshot of flux analysisScreenshot of reconciliations