Month end Sanity Saver.
March 20, 2023
Month end Sanity Saver.
Score 9 out of 10
Vetted Review
Verified User
Modules Used
- FloQast Close
- FloQast AutoRec
- FloQast Flux
Overall Satisfaction with FloQast
We use FloQast to help manage our close across four countries. We have seven entities and 11 users. When we started using the tool, we loved how easy it was to transition our existing recons from Google docs on the system, our users love it, and as a controller, I love how easily I can see where we are at any time in the close. It's also super easy to assign tasks and recons to other team members when I see a backlog occurring or if someone is out. The biggest bonus for me, though, is that with the sync to our ERP system, I know that if a recon goes out after it has been signed off that I will receive a notification and can act on that instead of constantly checking and re-checking balances against my TB. This has been great for my peace of mind and sanity in general during those critical close days.
- Allows us to use Google sheets instead of strict templates.
- The UX is lovely and so easy for the users to navigate.
- Throughout our journey, was have been included in system updates and have been able to share what we would like to see on the development roadmap.
- The Flux still needs a lot of work around capacity as we are currently unable to use it due to the size of our P&L and the number of departments we report on.
- Improved visibility during month end.
- Reduced our close from 15 days to 5 days.
- Saved time on our annual audits.
FloQasts Remind has significantly cut down on our manual requests for required documents. The new "inbox" view means it is much easier to check the responses and process accruals accordingly.
Being able to add our auditors to FloQast to find the reconciliations and items in our permanent file has drastically cut down the fieldwork hours and saved us in our final audit fee bill.
Chalk and Cheese! BlackLine took months to implement with little adoption from our users, FloQast was an easy painless implementation, and it was very quickly adopted by our users. FloQast is also so flexible and doesn't require a lot of admin to manage the reconciliation requirements or the users. BlackLine was tedious and was a heavy admin burden.
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