Significantly reduced our close time from 12-15 WDs to 4-5 WDs
June 04, 2024
Significantly reduced our close time from 12-15 WDs to 4-5 WDs
Score 10 out of 10
Vetted Review
Verified User
Modules Used
- FloQast Close
- FloQast AutoRec
- FloQast Flux
- FloQast Analyze
Overall Satisfaction with FloQast
FloQast helped us significantly reduce the number of days it took us to close the books. We started out just using the Close checklist and reconcilations and now multiple departments have built out checklists in the system to help streamline and track their recurring tasks and deliverables.
Pros
- Automating reminders
- Facilitates collaboration between different dept users
- Easy to use flux analysis
Cons
- Would like to see reminders or follow-up emails for open comments
- improved team collaboration
- improved visibility cross departmentally
- streamlined workflows
- significantly reduced days to close
We use all 4 tools mentioned above, and they have been instrumental in reducing our close days from 12-15 to 4-5 days.
We don't give our auditors access to FloQast as they are not performing a controls based audit. However, it is extremely helpful to have all reconciliations and supporting documentation in the well organized FQ folders.
Having FloQast automatically pulls updates from excel files saved in our shared folders is key instead of having to upload new files as we've done in the past with other comparable products
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
Comments
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