Great tool to keep your tasks and reconciliations on top of everything during the month!!
February 15, 2023

Great tool to keep your tasks and reconciliations on top of everything during the month!!

Angelica Altamira | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User

Modules Used

  • FloQast Close

Overall Satisfaction with FloQast

I use FQ mainly to organize the monthly tasks and reconciliations by deadlines, listed with people as approvers and reviewers so everyone keep the tasks on top of everything what is going on during our monthly activities in revenue accounting. It sends you reminders so you don't forget about your tasks to be completed by a specific deadline. Once you are done, you can mark it as completed or, if you are doing a recon you can save your file in Google drive and with a specific code like FQ-#(account chart number) it will automatically upload it into FQ. Then you can mark it as completed and move on. I love this tool!!It's very convenient and easy to use.
  • uploading information like reconciliations in excel
  • Reminding tasks
  • tying amounts per GL, account, excel
  • The issue is if for one task we have 3 preparers and the main preparer hasn't log off the task, anyone else can log it off so it delays your deadline.
  • I guess it doing great because all the finance team uses it.

Do you think FloQast delivers good value for the price?

Not sure

Are you happy with FloQast's feature set?

Yes

Did FloQast live up to sales and marketing promises?

I wasn't involved with the selection/purchase process

Did implementation of FloQast go as expected?

I wasn't involved with the implementation phase

Would you buy FloQast again?

Yes

Things to improve: Not to depend of the main preparer to be able to log off a task. Also, every person requires a license so not everyone can add its owns tasks. Just the administrator.

FloQast Feature Ratings

Financial data consolidation
9
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