Useful Tool for Accounting Team
March 01, 2023

Useful Tool for Accounting Team

Anonymous | TrustRadius Reviewer
Score 7 out of 10
Vetted Review
Verified User

Modules Used

  • FloQast Close

Overall Satisfaction with FloQast

We utilize FloQast for month-end close and operations tracking. We needed a quick, efficient way to know when our workpapers were reconciled. The use of the platform evolved from a faster way to close to managing numerous subsidiaries across several countries.

Pros

  • ERP reconciliation
  • Checklists
  • Analytics on speed of close

Cons

  • General improvements of UI
  • SLA issues during month end close
  • Use of "Adjustment Only" books
  • Improved team collaboration
  • Standardize close process across multiple entities

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?

Yes

Did implementation of FloQast go as expected?

Yes

Would you buy FloQast again?

Yes

FloQast does a great job of organizing your workpapers and GL reconciliations.

FloQast Feature Ratings

Financial data consolidation
5
Journal entries and reports
Not Rated
Multi-currency management
6
Detailed Audit Trails
9
Reconciliation Automation
9
Close Checklist
9
Customizable Workflows
7

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