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A/P team ~ 10 hours month in time savings which could be used on higher value add work. … FloQast more than holds it own on pricing and is definitely a cut above in customer service and innovation.
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.
For the latest information on pricing, visit http://floqast.com/pricing
The following is a quick overview of editions offered by other software in similar categories
Budgyt is a platform made to simplify business budgeting. With built-in functions designed for data integrity, team collaboration, and scenario planning & analysis, Budgyt is presented as an optimized budgeting experience that rids users of complex, error-prone spreadsheets and the time-consuming…
A/P team ~ 10 hours month in time savings which could be used on higher value add work. … FloQast more than holds it own on pricing and is definitely a cut above in customer service and innovation.
filings. Prepaid Module- Limiting unwanted changes (Audit Trail). A little cheaper.
also required the use of their reconciliation formats. We did not see the value in that investment for what we perceived as a less-suited tool for our team
Make it easier and less cost-prohibitive to use additional modules. Reduce the number of folders required … It is hard to quantify the net financial impact, but the positive value is readily apparent. The solution allows us to standardize processes, streamline…
Value for money, highly usable and user-friendly interface.
weeks as compared to the 6 month ramp quoted by Blackline. 2. Competitive pricing for the feature set. 3. Support was simple. Floqast does not require a dedicated
The cost is per user so as you grow this software can become quite expensive
notes, sign-offs, and third party communication in ReMind. It may be a bit expensive for small businesses with smaller accounting teams of one or two people
Reconciliation management and connectivity vs cost
accounting teams work more efficiently, allowing them to focus on higher-value activities FloQast's platform helps to reduce errors in financial reporting … statements, our accounting team can focus on more strategic activities that add value to the business. This has resulted…
I have none, they're constantly thinking of more value to add though … Has cut close time in half Has helped keep audit fees from growing as fast Has improved the speed of onboarding and training Has
Price is always a factor - let's be honest. No matter how much one may drool over a great product, if you can't afford it, you can't afford it. … I am not in charge of the services we purchase and do not know if we purchased premiu…
Lower cost for a much better, well organized software that on face value is far easier to use. It meant we didn't have
that have Accounting/Finance teams of 2-3 primarily due to Floqast being cost prohibitive on small scales. I would love a small business option for conversion
the errors and limitations of the reconciliation process. In addition, the fees are based on the number of users and that could be a challenge for smaller … to easily retrieve audit documentation. Floqast is also flexible from a price point because we can deactivate inactive users (employees on leave) and easily … training from FloQast on how to do so. I am confide…
improved collaboration. This has saved the team time and has proved to be more cost-effective. Full visibility between the team.
drastically cut down the fieldwork hours and saved us in our final audit fee bill.
Cost saving so we don't have to hire add'l hands for the close process. Shorten
Sync different currencies/books. The fee is a bit high.
more functionalities like avoiding the ledgers automatically which has zero value.
reconciliations and provide plug-and-play templates, that would be a huge value add. Linkable GAAP guidance. I would like (not love) to have the ability
retention ReMind is a great auto emailing system that assists in reducing non-value added time chasing internal customers … FloQast greatly reduces non-value added time through automated emails and communications. It provides a one-stop
AutoRec - we did not see value in this tool over our current procedures Allow you to edit future periods … FloQast - I will never be without it again. A simple tool, but provides great value.
Price Product Features Product Usability
unimaginable in the sense of valuable employee time savings. FloQast has provided value in automating what were manual tasks prior to implementing.