Floqast is good tool to manage balance sheet of the company.
March 15, 2023

Floqast is good tool to manage balance sheet of the company.

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

Modules Used

  • FloQast Flux

Overall Satisfaction with FloQast

Floqast is a very user-friendly platform which enables the data reconciliation. we use it for our balance sheet reconciliation and it is very much useful at management level and also preparer and reviewer.
Problems as such we do not see, it helps to maintain our deadlines.
  • Data upload
  • Data presentation
  • Data consolidation
  • Timely submission
  • Accountability
  • Multi user
  • Data upload time can be reduced
  • Multi tasking when we switch the window
  • Manual work around has been removed
  • Time saving
  • Management level data visibility
  • Easily accessible data for audit purpose
Yes, FloQast has been very much helpful in the data visibility on a single platform and has significantly reduced the time and man hours, and also has brought the individual accountability but this can improve the data load time and bring more functionalities like avoiding the ledgers automatically which has zero value.
Yes it has been useful in terms of Audit as this can used or shared with auditor and can show more visibility.
High Radius is tool used for credit and collections management.

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?

Yes

Would you buy FloQast again?

Yes

This is a useful application which helps us to show ourself more accountable and timely submission, reduction in lots of manual work which saves our time and increase the productivity.

FloQast Feature Ratings

Financial data consolidation
8
Multi-currency management
6
Reconciliation Automation
5
Close Checklist
8
Customizable Workflows
6