Two thumbs up for FQ
March 24, 2023

Two thumbs up for FQ

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

Modules Used

  • FloQast Close
  • FloQast Flux

Overall Satisfaction with FloQast

FloQast is used as a close management tool. Our team actively uses the checklist, reconciliation and flux analysis tools on a regular basis. Checklist are used to manualize the close process. Reconciliations are used as a key control for sox compliance. Finally, flux analysis are also used as a way to review our work and provide important insights to management. Flux analysis are also a key control in sox compliance. Our team also uses Remind and have used AutoRec in the past. Remind is a great tool to take items of our teams "to-do" list to allow them to focus on more critical tasks.

Pros

  • Customer support
  • Constantly adding new features
  • Soliciting customer feedback for improvements
  • Manage close timeline

Cons

  • Flux tool is slow based on our templates
  • Flux tool needs a dashboard
  • Make analytic dashboards easier to use
  • Standardized projects
  • Improved visibility
  • Streamlined workflows
  • Enhance close timeline
  • Efficiency through automation
FloQast is extremely user friendly and the customer support team is exceptional. FloQast is constantly evolving their product and looking for ways to improve to help organizations create close efficiencies. FloQast solicits direct feedback from customers and works to implement solutions based on that feedback.

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?

I wasn't involved with the implementation phase

Would you buy FloQast again?

Yes

FloQast is great for new companies looking to establish a defined close process and hold team members accountable. FloQast provides great metrics to track team progress and allows you to analyze your close timeline. The FloQast interface is very easy to use for the most part. FloQast can also be key in supporting key sox controls. FloQast is great for companies that have larger teams and complex operations. FloQast is also great at organizing all of our teams workpapers. Finally, the customer support team is top notch and can provide your team support and insight in many ways.

FloQast Feature Ratings

Consolidation and Close
9.2
Financial data consolidation
8
Detailed Audit Trails
10
Reconciliation Automation
8
Close Checklist
10
Customizable Workflows
10

Comments

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