FloQast An Essential Month-End Close Tool

In our organization, FloQast has and will continue to be used as a tool that solves a lot of problems other organizations face when dealing with month-end close:

Disorganized month-end close process
Lack of visibility and collaboration
Audit readiness and compliance
Manual and repetitive tasks

With FloQast, a lot of these inefficiencies are solved in an organized manner. This ensures a streamlined process on a monthly basis and avoids any confusion or chaos when time is of the essence.

FloQast offers a lot dealing with automation. Our reconciliations have been streamlined using the same template overall and pinpointing where FloQast should be taking the reconciled amount from and comparing it to the ledger. This has saved our organization significant time and ensures that whoever looks at the reconciliation will be able to determine how everything works since the templates are all similar.

FloQast acts as a centralized hub that houses all of our monthly, quarterly, and yearly support. It is convenient being able to sign into one location and filter for whatever period is needed to find the supporting document as quickly and efficiently as possible. Providing supporting documents is key for auditors, and being able to do so with such ease and without confusion or headache is pivotal, especially during a year-end audit.