FloQast is Great for Optimizing Month-End Close
March 24, 2023

FloQast is Great for Optimizing Month-End Close

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

Modules Used

  • FloQast Close
  • FloQast Flux

Overall Satisfaction with FloQast

FloQast allows us to manage our MEC checklist and provides SOX compliant signs offs on our MEC checklist items and balance sheet reconciliations. It is also a great tool for our monthly balance sheet flux. It is not currently able to support our income statement flux due to our department structure. FloQast syncs directly with our ERP (NetSuite) and Dropbox.

Pros

  • SOX compliant sign-offs
  • Balance sheet reconciliations sync directly with ERP
  • Ease of use
  • Can easily rollforward files each month

Cons

  • More customization for income statement flux feature
  • Improved real-time visibility to close progress
  • Less time spent doing manual work

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

FloQast is well suited for companies of nearly any size. It may not be appropriate if your ERP is not currently supported.

FloQast Feature Ratings

Consolidation and Close
8.8
Financial data consolidation
Not Rated
Journal entries and reports
7
Multi-currency management
Not Rated
Detailed Audit Trails
10
Reconciliation Automation
10
Close Checklist
10
Customizable Workflows
7

Comments

More Reviews of FloQast

  1. Home
  2. Financial Close Software
  3. FloQast Reviews
  4. User Review of FloQast