Saving Time and Money with FloQast
September 25, 2023
Saving Time and Money with FloQast
Score 10 out of 10
Vetted Review
Verified User
Modules Used
- FloQast Close
Overall Satisfaction with FloQast
We use FloQast for our month-end close processes, which include various checklist items and reconciliations.
- Maintains current reconciliations
- Pulls in general ledger detail for proper tie-out to reconciliations
- Preparer and reviewer procedures for month-end tasks
- Being able to sign off on multiple reconciliations at once without having to manually click on each one
- Improved visibility for leadership to see what team members are working on
- Reduced close timing, allowing us to use financial information to make business decisions faster
- Shortened audit timeline, saving us money/costs from our auditors
FloQast automation tools have created a faster close process for us in many financial statement areas. We have also been able to leverage the reconciliation features to build out proper controls for our organization, which has allowed us to march toward SOX compliance. The reconciliation management feature also has given insight to leadership and allows them to open certain sections of the financial statements to see our reconciliations and review them from a high level.
We have utilized FloQast for audit readiness over the past year and this has saved us significant time. We are able to store all of our reconciliations and audit work papers in FloQast which makes it very easy come audit time when our auditors are requesting certain populations or support schedules.
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