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.
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.
Problems as such we do not see, it helps to maintain our deadlines.
Pros
- Data upload
- Data presentation
- Data consolidation
- Timely submission
- Accountability
Cons
- 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
Comments
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