Useful for Close/SOX
February 28, 2023

Useful for Close/SOX

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

Modules Used

  • FloQast Close
  • FloQast AutoRec
  • SOX Compliance

Overall Satisfaction with FloQast

We use FloQast for our close, reporting, and SOX compliance. Using the close/reporting checklists is very helpful for tracking progress and ensuring all tasks are completed. We recently starting using the SOX compliance module which so far has been very useful for seeing how the pieces of close/reporting tie into our overall SOX program with the controls linking.
  • Tracks Time Lines
  • Maps controls to activities
  • Updating dates for tasks is a bit tough sometimes as you have to use "offsets"
  • Streamlined workflows
ReMind has been helpful for gathering quarterly information from vendors for accruals
We have not utilized this

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?

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

Works very well for the close process and the new SOX module will be a very helpful tool.

FloQast Feature Ratings

Financial data consolidation
8
Detailed Audit Trails
7
Reconciliation Automation
10
Close Checklist
10
Customizable Workflows
10