Detailed Audit Trails
Tracing changes to data and processes that were run.
Cat avg: 8.9
Top Performing Features
Customizable Workflows
The ability to adapt the software to complete tasks in a particular order according to business needs.
Cat avg: 8.6
Journal entries and reports
Ability to enter journal entry adjustments and produce reports showing all journal entries for a specific period.
Cat avg: 8.3
Financial data consolidation
Consolidating data from several entities into a single statement using US GAAP, IFRS or other standards.
Cat avg: 7.7
Worst Performing Features
Multi-currency management
Ability to handle foreign currency conversions during consolidation.
Cat avg: 6.7
FloQast Features from Reviews
Consolidation and Close
Consolidation of data from multiple entities with currency management, reporting and audit trails.
7.6-4%
Financial data consolidation
Consolidating data from several entities into a single statement using US GAAP, IFRS or other standards.
Category average: 7.7
Journal entries and reports
Ability to enter journal entry adjustments and produce reports showing all journal entries for a specific period.
Category average: 8.3
Multi-currency management
Ability to handle foreign currency conversions during consolidation.
Category average: 6.7
Detailed Audit Trails
Tracing changes to data and processes that were run.
Category average: 8.9
Customizable Workflows
The ability to adapt the software to complete tasks in a particular order according to business needs.
Category average: 8.6
FloQast Features from the Vendor
Consolidation and Close
Vendor-reviewedFinancial data consolidation
Consolidating data from several entities into a single statement using US GAAP, IFRS or other standards.
Journal entries and reports
Ability to enter journal entry adjustments and produce reports showing all journal entries for a specific period.
Multi-currency management
Ability to handle foreign currency conversions during consolidation.
Detailed Audit Trails
Tracing changes to data and processes that were run.
Reconciliation Automation
Programmatic assistance for reconciling financial records with a central ledger.
Close Checklist
The ability to assign and track various tasks on multiple time bases, e.g., monthly, quarterly, and annually.
Customizable Workflows
The ability to adapt the software to complete tasks in a particular order according to business needs.
Additional Features
Vendor-contributedarchiving & retention
workflow management
reporting & statistics
risk management
surveys & feedback
version control
monitoring
access controls / permissions
Variance Analysis
Flux Analysis