FloQast
The Accounting Transformation Platform.
Overview
FloQast is an accounting transformation platform that helps teams manage their month-end close, reconciliations, and compliance processes. While its core focus is on the financial close, it offers robust features for compliance management and audit readiness, helping to automate evidence collection and streamline audits. The platform is designed to integrate with existing ERPs and checklists, providing visibility and control over the entire accounting function.
✨ Key Features
- Close Management and Checklist
- Automated Account Reconciliations
- Compliance Management and Control Testing
- Automated PBC Evidence Collection
- Flux and Variance Analysis
- AI-Powered Transaction Matching and Automation
- Direct Integration with ERPs and Cloud Storage
- Centralized Risk Control Matrix (RCM) Management
🎯 Key Differentiators
- Created by accountants for accountants, ensuring an intuitive user experience.
- Focus on integrating with and enhancing existing workflows (like Excel) rather than replacing them.
- Strong emphasis on automating the financial close process as the foundation for compliance.
Unique Value: FloQast helps accounting teams close faster and more accurately by centralizing workflows, automating reconciliations, and embedding compliance into the close process, making them always audit-ready.
🎯 Use Cases (5)
✅ Best For
- Streamlining and accelerating the month-end financial close.
- Improving audit efficiency by centralizing and automating evidence collection.
- Managing SOX compliance and internal controls within accounting workflows.
💡 Check With Vendor
Verify these considerations match your specific requirements:
- Organizations needing a full-fledged GRC or enterprise risk management platform.
- Audit firms looking for a dedicated audit engagement and workpaper management tool.
🏆 Alternatives
Unlike ERP modules or other point solutions, FloQast provides a comprehensive, ERP-agnostic layer that manages the entire close-to-compliance lifecycle, enhancing collaboration and visibility.
💻 Platforms
🔌 Integrations
🛟 Support Options
- ✓ Email Support
- ✓ Live Chat
- ✓ Phone Support
- ✓ Dedicated Support (Varies tier)
🔒 Compliance & Security
💰 Pricing
✓ 14-day free trial
Free tier: NA
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