Great addition to any Accounting team's tool belt

Floqast has been an invaluable addition to our month-end close process and allows our remotely distributed team to collaborate and communicate quickly and effectively throughout our entire close cycle - from our first journal entries through our reporting package distribution to management. In addition to the checklist module, the reconciliation functionality allows us to always ensure real-time alignment with our ERP, and documents clean review notes and action items. The flux module helps us ensure we can easily investigate and comment on unexpected results and trends or even compare to our budgets/forecasts. It's a great tool for any finance & accounting team to effectively manage your close, I would strongly recommend!

We can set up automated rules to set up which flux items are critical to review, investigate, and respond to based upon dollar or percentage variances. This has been extremely helpful to allow the team to focus more intently on those areas of greater importance and I have noticed that as a result we are getting more thoughtful and detailed analysis on those flux items.

Our auditors were very impressed when we were able to show them our reconciliation documentation and sign-offs and it greatly reduced our time spent on capturing and documenting approvals. We've also incorporated audit workflows into our own process so we can track and assign audit PBC tasks seamlessly during our own field work timelines.