FloQast is great to minimize monthly close time.
March 12, 2025
FloQast is great to minimize monthly close time.
Score 8 out of 10
Vetted Review
Verified User
Modules Used
- FloQast AutoRec
- FloQast Flux
Overall Satisfaction with FloQast
We use FloQast to manage our monthly close process and also to track, manage and consolidate all of our world wide balance sheet recons. FloQast helps us stay on track of what is on schedule and what is needing attention to get to our timeline goal.
Pros
- Manage Monthly Close Process
- Reconcile bank accounts
- Keep the team on track to meet our timeline goal.
Cons
- Notifying us when a balance sheet changes
- Updating real time when a task is completed
- Keeping track of accounts that need attention .
- Improved Team Collaboration
- Time savings in the close process
- Reduced time and cost for annual audit
Automating the close process has been the main reason that we signed up for and renewed FloQast subscription.
We grant access to our external auditors so that they can see the reconcilations on their own. This saves a lot of time for my company internally as well as the external auditors. Prior to FloQast we had to send multiple files back and forth which was time consuming and risky. We are also on different time zones so access to FloQast helps there as well.
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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