Floqast is a critical product in our close cycle
August 19, 2025

Floqast is a critical product in our close cycle

Anonymous | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User

Modules Used

  • FloQast Close
  • FloQast Flux

Overall Satisfaction with FloQast

We use Floqast as our reconciliation tool and as our primary tool to establish the close calendar and to provide visibility as to the status of where close stands at any given point. Its critical to allow us to stay organized, especially as a remote first workforce.

Pros

  • Clean, intuitive, simple interface
  • Live visibility into status of the close
  • GenAI actual-to-actual variance analysis

Cons

  • Continuously improving AI feature sets to automate tasks
  • Close workflow management across a remote team
  • Standardized processes and reconciliations across different team members, reducing complexity when reviewing and for the auditors
The flux analysis has reduced the time to provide variance analysis month-to-month, identifying potential issues/errors in close and becoming the starting point to our flux analysis and supporting our BvA analysis.
We are a private company and controls are not audited.
First time in industry so I've not used other similar tools.

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

Close management and reconciliations at the moment, though Floqast has been pushing towards AI native applications, which we haven't fully utilized yet with the exception of GenAI variance analysis, but clearly their product team has a vision of the future for what the platform can be.

FloQast Feature Ratings

Journal entries and reports
7
Multi-currency management
5
Detailed Audit Trails
10
Reconciliation Automation
10
Close Checklist
10
Customizable Workflows
10

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