FloQast New User
February 14, 2023

FloQast New User

Anonymous | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User

Modules Used

  • FloQast Close
  • FloQast AutoRec
  • FloQast Flux
  • Remind

Overall Satisfaction with FloQast

Investcloud currently uses FloQast to manage its close process, account reconciliations, and flux analysis.
  • Close Management - the status of close tasks and indication of where we are and what is late
  • Account Reconciliations - the status of account recs, indication of where we are and what is late, and all the recs can be very easily accessed and centrally located.
  • The software is easy to learn and train others on its functions.
  • Flux Analysis - This module could use some enhancing, i.e. consolidation of the reports, an ability to download all reports or range of reports, etc.
  • Also, when adding tasks via the upload template - one should be able to apend to the existing data instead of having to download existing data, make additions and then upload total population of tasks.
  • The dashboard is somewhat misleading in the number of tasks late when on the timeline screen.
  • Task manager
  • Account Reconciliation
  • Flux Analysis
  • Teams are more focused and understand the deadlines, so we can close timely.
  • All account reconciliations are now being reviewed and there is evidence of review.
  • A central location of close management is critical to teams.
FloQast is easy to implement and keeps the accountant in excel

Do you think FloQast delivers good value for the price?

Yes

Are you happy with FloQast's feature set?

Yes

Did FloQast live up to sales and marketing promises?

Yes

Did implementation of FloQast go as expected?

Yes

Would you buy FloQast again?

Yes

Overall - FloQast increased the visibility, provided organization and centralization of Close tasks, account reconciliations and flux analysis status, delays, timing and completion. Great Tool

FloQast Feature Ratings

Financial data consolidation
8
Journal entries and reports
Not Rated
Multi-currency management
Not Rated
Detailed Audit Trails
Not Rated
Reconciliation Automation
10
Close Checklist
10
Customizable Workflows
Not Rated