FloQast is transforming
December 28, 2023

FloQast is transforming

Adam MacLean | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User

Modules Used

  • FloQast Close
  • FloQast Flux

Overall Satisfaction with FloQast

We use FolQast for closing procedures and coordination. We have 6 different business lines and intercompany transactions that require consolidation. FloQast integrates all of our reconciliations and closing procedures.
  • Integrates with Microsoft One Drive
  • Connects to our Accounting System Seamlessly
  • Reduced our close timeline by 10 days
  • Automated reconciliation
  • Flux Analysis
  • Auditor Access
  • We have reduced our accounting staff by 5 and have reduced our closing period by 10 days
  • Variance Analysis is good for Auditors, but not necessarily the best for internal use.
Reconciliation automation and Remind were the first tools we used. Recon automation was a godsend, but ReMind did not have the effect intended
All of our audit schedules are ready month to month, so we can more effectively communicate with our Auditors.
Reconciliation management and connectivity vs cost

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

Multiple companies consolidated for GAAP Purposes

FloQast Feature Ratings

Financial data consolidation
10
Journal entries and reports
10
Detailed Audit Trails
Not Rated
Reconciliation Automation
10
Close Checklist
10
Customizable Workflows
9