FloQast makes closing fast
February 28, 2023
FloQast makes closing fast
![Anonymous | TrustRadius Reviewer](https://static.trustradius.com/r/93745900205db78bb7c59f14745121fa9a30a440/images/no_photo.png)
Score 9 out of 10
Vetted Review
Verified User
Modules Used
- FloQast Close
- FloQast AutoRec
- FloQast Analyze
Overall Satisfaction with FloQast
FloQast houses all of our close reconciliations and tasks while ensuring we are SOX compliant. FloQast also provides a lens into the close process from the preparer level to the approver level. This product ensures we don't miss steps each month. It makes it super easy for me to see what tasks I have remaining. I also love that it syncs directly to Netsuite so anytime a change is made it will automatically kick back my reconciliation if it is no longer a 0 balance.
- Keeps me on top of my tasks
- Keeps us SOX compliant
- Autosyncs with our accounting software for real time updates
- The refresh could be quicker
- Would like if the reconciliations rolled forward from prior month
- No other comments
- Allows for a new employee to have easy visibility into their tasks
- Seamless close process as any updates to an account cause the reconciliation to pop back out of prepared
- Can minimize micromanagement as manager can see what is completed VS what is in process
In the event there is an update to the account, these tools have made it easy to see when a reconciliation is no longer accurately completed. They have made it seamless for knowing what steps need to be taken each month so each employee can easily manage their time and the manager has set clear expectations of when work is to be completed.
This makes it easy to go back to pull old information. FloQast also allows you to see the audit trail so you can see when a rec was completed and approved. This could display multiple updates to a reconciliation which would show the auditors if or when changes were made.
FloQast is much easier to use. The system is user friendly which is very beneficial when you are or are training new employees. I think the use is extremely streamlined so there is no question of where the company is at in the closing or reporting process. The auto-reconciliations are also easier to create.
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