Great for close and reconciliation
March 15, 2023
Great for close and reconciliation
Score 9 out of 10
Vetted Review
Verified User
Modules Used
- FloQast Close
Overall Satisfaction with FloQast
Our company has many entities all over the world and we mainly use FloQast for Closes and monthly reconciliations. FloQast helps with sync the balance from Workday, Intacct and our reconciliation in Google Drive so we can manage the process for each employee within the time frame. FloQast allows us to set accounts as High Risk so employees and managers can stay focus on those account. Employees and managers can communicate through the notes and mark them as done after actions are taken.
- Sync data from other accounting software
- Manage deadlines
- Communicate with other employees on a specific task
- Sometime the sync has issue causing balance after reconciling. It were fixed in a half day usually
- Streamlined workflows and improved collaboration for 500 accountants in our department
FloQast reduces closing time by letting people with their tasks know when the due dates are so everyone can proper manage their schedule. FloQast also send email each time the accounts related to me have change the status or someone post a note. The dashboard will help managers to know how much work left and allocate tasks efficiently.
Unfortunately, I don't know about this function and have never use that tool so I don't think that I can answer this questions. This question should be for Managers only. But I know that all support documents we keep in a specific folder in Drive, and we need to upload all reconciliations there to be recognized in FloQast
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?
I wasn't involved with the selection/purchase process
Did implementation of FloQast go as expected?
I wasn't involved with the implementation phase
Would you buy FloQast again?
Yes