Solid Accounting Software for Month End Close, Balance Sheets, and Much More
February 14, 2023

Solid Accounting Software for Month End Close, Balance Sheets, and Much More

Joseph Macsek | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User

Modules Used

  • FloQast Close
  • FloQast AutoRec
  • FloQast Flux
  • SOX Compliance

Overall Satisfaction with FloQast

We acquired the product to help manage our closing process and have instead found that it can also help us manage our, Inventory, AP, AR, and Treasury functions in one tool that the team enjoys using as it is the first tool we have ever found that feels designed for accounting teams
  • Balance Sheet Recons
  • Month End Close Tracking
  • Operation Checklists for other area tracking
  • Notifications don't always work as expected
  • Filters for month selection can cause folks to miss tasks
  • It would be nice if balance sheets and close tasks could all be in one place
  • Monthly Checklists for Close
  • Balance Sheet Recons
  • Storing all our recons and support in one place to make audit easier
  • Allowed the team to identify and clean up all recons variances
  • Clearly allows for us to allocate team resources to the proper place
  • Allowing the team to get ready for audit and easily track all controls with the SOX Compliance module
Before FloQast we used a simple task manager and Excel to manage our close/balance sheet process and it was not that effective

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

I have already recommended FloQast to our other sister brands in our organization. As this tool has helped the team be held more accountable, got us audited, and has been very easy to set up and use.

FloQast Feature Ratings

Journal entries and reports
2
Multi-currency management
5
Detailed Audit Trails
10
Reconciliation Automation
9
Close Checklist
10
Customizable Workflows
9