Modern close management tool with seamless application.
December 30, 2023

Modern close management tool with seamless application.

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

Modules Used

  • FloQast Close

Overall Satisfaction with FloQast

We use FloQast to manage account reconciliations and manage periodic tasks. Account reconciliations are prepared using Google Sheets and linked to each Floqast account reconciliation for an efficient review and approval process.
  • Integration with Google documents.
  • Integration with Netsuite data.
  • Facilitate feedback on account reconciliations.
  • Provides ongoing status on month-end close process.
  • FloQast cannot pull in balances for certain equity accounts (CTA, retained earnings).
  • Improved team collaboration.
  • More transparency over balance sheet composition.
  • More standardized process flows and status of tasks being completed.
N/A for our business.
We use FloQast to maintain account reconciliations for audit support as well as show evidence of sign-off with FloQast tasks.
FloQast is more user-friendly and flexible. The product is updated more frequently.

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 very efficient for an accounting organization to manage account reconciliations, provide review notes, document approvals, and attach support. FloQast also allows access for external auditors to review reconciliations with read-only access.

FloQast Feature Ratings

Financial data consolidation
10
Multi-currency management
10
Detailed Audit Trails
8
Reconciliation Automation
Not Rated
Close Checklist
9
Customizable Workflows
Not Rated