FloQast is Great for Optimizing Month-End Close
March 24, 2023
FloQast is Great for Optimizing Month-End Close
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.
- SOX compliant sign-offs
- Balance sheet reconciliations sync directly with ERP
- Ease of use
- Can easily rollforward files each month
- More customization for income statement flux feature
- Improved real-time visibility to close progress
- Less time spent doing manual work
FloQast ReMind has been helpful in reducing the number of emails we have to manually send each month. Instead of emailing the same data request month after month, FloQast automates this.
Flux Analysis has also been helpful as it stays up to date with our GL balance and kicks out sign offs if balances change.
Flux Analysis has also been helpful as it stays up to date with our GL balance and kicks out sign offs if balances change.
The sign offs in FloQast have benefited us as it is a standardized way to show our auditors that something was reviewed.
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