FloQast
Claim ProfileAccounting Workflow and Close Management Software
SoftwareWorld Editorial Review
Why SoftwareWorld Chooses FloQast
"Accounting and finance teams often turn to FloQast when the month-end close process becomes too difficult to manage manually. Tracking reconciliations, checklists, and deadlines across a team can get messy fast, and this software helps keep everything organized in one place. It works well for mid-sized companies where the close cycle involves multiple team members. However, very small businesses with simple accounting needs may find it more than they actually require."
Decision Snapshot
FloQast Evaluation Snapshot
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Trust & Transparency
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Editorial Independence
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Data Transparency
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Product Overview
FloQast Overview
Product description, media, company details, support, training, deployment, customer size, languages, and industries.
Support
Training
Licensing & Deployment
Typical Customers
Why Choose FloQast
Problem it Solves
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Streamlining Month-end Close Processes For Accounting Teams
Target Users
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Accounting Managers
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Controllers
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CFOs
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Financial Analysts
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Internal Auditors
Core Use Case
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Streamline Financial Close Processes
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Automate Reconciliations
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Enhance Collaboration Among Accounting Teams
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Improve Audit Readiness
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Generate Real-time Financial Reports
USP
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Streamline Accounting Processes With Real-time Financial Insights
Pros
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Close management platform built specifically for accounting teams
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Month-end close cycles finish noticeably faster with automated task tracking
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Reconciliations tie directly to source documents inside the same workflow
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Slack and Microsoft Teams integration keeps communication where teams already work
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Audit trails are clean and detailed and require almost no extra effort
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Real-time visibility lets controllers spot bottlenecks before deadlines become crises
Cons
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Workflow setup demands significant IT or admin involvement upfront
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Deeper analytics features reserved for higher-tier plan subscribers
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Smaller teams may find the pricing difficult to justify
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ERP integrations occasionally need manual intervention to stay aligned
Editorial Buyer Guidance
Who Is FloQast Best For?
Review the buyer problem, target users, practical use cases, and product differentiator identified by the SoftwareWorld review team.
Problem It Solves
Streamlining Month-end Close Processes For Accounting TeamsTarget Users
- Accounting Managers
- Controllers
- CFOs
- Financial Analysts
- Internal Auditors
Core Use Cases
- Streamline Financial Close Processes
- Automate Reconciliations
- Enhance Collaboration Among Accounting Teams
- Improve Audit Readiness
- Generate Real-time Financial Reports
Unique Selling Point
Streamline Accounting Processes With Real-time Financial Insights
Strengths and Limitations
FloQast Pros & Cons
Consider the practical advantages and limitations identified through SoftwareWorld's product assessment.
+
Pros
- Close management platform built specifically for accounting teams
- Month-end close cycles finish noticeably faster with automated task tracking
- Reconciliations tie directly to source documents inside the same workflow
- Slack and Microsoft Teams integration keeps communication where teams already work
- Audit trails are clean and detailed and require almost no extra effort
- Real-time visibility lets controllers spot bottlenecks before deadlines become crises
!
Cons
- Workflow setup demands significant IT or admin involvement upfront
- Deeper analytics features reserved for higher-tier plan subscribers
- Smaller teams may find the pricing difficult to justify
- ERP integrations occasionally need manual intervention to stay aligned
Sponsored Products
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Category-Based Capabilities
FloQast Features
Each category combines the selected software category, its category-specific description, and the features assigned to that category.
Business Performance Management Software 21 selected features Open category ↗ ⌄
Scorecards
Visual Analytics
Key Performance Indicators
Trend Analysis
Budgeting/Forecasting
Reporting/Analytics
Progress Tracking
Predictive Analytics
Performance Metrics
Financial Management
Ad hoc Reporting
Dashboard
Data Visualization
Strategic Planning
Goal Setting/Tracking
Data Management
Collaboration Tools
Data Extraction
KPI Monitoring
Benchmarking
Activity Planning
Compliance Software 20 selected features Open category ↗ ⌄
HIPAA Compliant
Compliance Tracking
Risk Assessment
Environmental Compliance
Policy Management
Alerts/Escalation
ISO Compliance
Incident Management
Risk Management
OSHA Compliance
Document Management
Task Management
Surveys & Feedback
Training Management
Compliance Management
FDA Compliance
Audit Management
Audit Trail
Controls Audit
Access Controls/Permissions
Accounting Software 19 selected features Open category ↗ ⌄
General Ledger
Accounts Payable
Accounts Receivable
Bank Reconciliation
Billing and Invoicing
Expense Tracking
Financial Reporting
Budgeting and Forecasting
Income & Balance Sheet
Inventory Management
Fixed Asset Management
Fund Accounting
Multi-Currency
Tax Management
Payroll Management
Subscription Billing
Project Accounting
Compliance Management
Artificial Intelligence
Accounting Practice Management Software 13 selected features Open category ↗ ⌄
Staff Management
Client Portal
Client Management
Workflow Management
Document Management
Due Date Tracking
Billing & Invoicing
Task Management
Time Tracking
Project Management
For CPA Firms
Approval Workflow
Artificial Intelligence
Engineering Accounting Software 16 selected features Open category ↗ ⌄
For AEC Industry
Core Accounting
Time & Expense Tracking
Cost Management
Invoice Management
Budgeting/Forecasting
Financial Management
General Ledger
Quotes/Estimates
Reporting/Analytics
Activity Dashboard
Data Import/Export
Financial Analysis
Payroll Management
Project Accounting
Artificial Intelligence
Financial Close Software 13 selected features Open category ↗ ⌄
Financial Reporting
General Ledger
Financial Consolidation & Close Management
Income & Balance Sheet
Journal Entry Processing
Profit/Loss Statement
Budgeting/Forecasting
Dashboard
Audit Trail
Visual Analytics
Third-Party Integration
Multi-Currency
Cash Flow Management
Financial Management Software 16 selected features Open category ↗ ⌄
Tax Management
Financial Reporting
Data Visualization
Financial Analysis
Compliance Management
Bank Reconciliation
Consolidation/Roll-Up
Dashboard Creation
Budgeting/Forecasting
Revenue Recognition
Cash Management
Accounting
Investment Management
Real-Time Data
Data Import/Export
Artificial Intelligence
Financial Reporting Software 20 selected features Open category ↗ ⌄
Cash Management
Expense Tracking
Multi-Currency
What If Scenarios
Customizable Reports
Billing & Invoicing
Data Import/Export
Financial Management
Consolidation/Roll-Up
Activity Dashboard
Bank Reconciliation
Audit Trail
Forecasting
Third-Party Integrations
Budgeting/Forecasting
Data Visualization
Reporting/Analytics
Multi-Company
Financial Analysis
Artificial Intelligence
General Ledger Software 15 selected features Open category ↗ ⌄
Financial Reporting
Transaction Management
Bank Reconciliation
Approval Process Control
Workflow Management
Chart of Accounts
Multi-Currency
Multi-Location
Audit Trail
Cash Flow Management
Accounts Receivable
Accounts Payable
Data Import/Export
Activity Dashboard
Expense Tracking
Legal Accounting Software 16 selected features Open category ↗ ⌄
Tax Management
General Ledger
Billing & Invoicing
Bank Reconciliation
Expense Tracking
Financial Management
Income & Balance Sheet
Activity Dashboard
API
Approval Process Control
Audit Trail
CPA Firms
Multi-Currency
Payroll Management
Purchase Order Management
Artificial Intelligence
Medical Accounting Software 18 selected features Open category ↗ ⌄
Medical Billing
Claims Management
Invoice Management
Financial Reporting
HIPAA Compliant
Data Integration
Expense Management
Materials Management
Medical Coding
Cash Management
Payment Processing
Purchasing & Receiving
Fixed Asset Management
Approval Process Control
Budgeting/Forecasting
Tax Management
Financial Analysis
Artificial Intelligence
Trucking Accounting Software 14 selected features Open category ↗ ⌄
Accounts Payable
Accounts Receivable
Customer Database
Bank Reconciliation
General Ledger
Budgeting/Forecasting
Profit/Loss Statement
Purchase Order Management
Payroll Management
Income & Balance Sheet
Tax Management
Transaction History
Quotes/Estimates
Artificial Intelligence
Connected Applications
FloQast Integrations
Integration information is displayed only when approved integration products are available on the profile.
Microsoft OneDrive for Business
Microsoft Teams
Dynamics 365
Google Workspace
Dropbox
Oracle Fusion Cloud ERP
QuickBooks Online
Slack
Jira
Workday HCM
Sage Intacct
NetSuite
Pricing Information
FloQast Pricing
Pricing type, currency, trial availability, payment frequency, destination links, and package-level starting prices.
Verified User Feedback
Write a FloQast Review ↗
FloQast Reviews
Approved reviews submitted through verified Google or LinkedIn reviewer accounts.
Bin C.
SR. Staff Accountant
FloQast Makes Month-End Close Effortless
FloQast has been an incredibly useful tool for keeping our reconciliations clean and managing our team’s workload effectively. The software is intuitive and easy to use, helping us stay organized and aligned with due dates. The auto-reconciliation feature is excellent, and its seamless sync with Netsuite makes daily monitoring a breeze. While there is a minor hiccup with the Auto-Rec feature not pulling directly from Netsuite at times, requiring a manual upload, it doesn’t take away from how valuable FloQast has been in streamlining our close process.
Reviewed on September, 2024
Marlena P.
Senior Accountant
Streamlined Month-End Close with Ease
Using this software has been a game-changer for our month-end close process. It has made everything more efficient and organized, especially with the ability to upload existing Excel reconciliations. The interface is user-friendly, making it easy for our team to manage multiple accounts and locations. While the dashboard can feel a bit overwhelming due to the number of accounts across divisions, the overall experience has been excellent, and adopting this product remains one of the best software decisions our company has made.
Reviewed on June, 2024
Alternative Products
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Frequently Asked Questions
FloQast FAQs
Answers generated from approved profile information, selected options, packages, integrations, support, training, deployment, and devices.
FloQast is a renowned accounting workflow automation software. It helps businesses automate tedious business tasks to speed up audit operations. The solution offers robust workflow tools, including FloQast Close, FloQast Variance Analysis, FloQast Reconciliation Management, FloQast Compliance Management, and more. Furthermore, the solution offers best-in-class security at every platform stage to ensure data security and compliance standards are matched. FloQast provides a community where accountants can join to share and learn best practices to grow together. Additionally, FloQast can seamlessly integrate with other apps, like Oracle NetSuite, QuickBooks, and Infor, that accountants use daily. It decreases the requirement for additional investment and helps do more in less time.
- No, FloQast does not offer a free version.
- No, FloQast does not offer any free trial.
- No, FloQast does not offer an API.
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FloQast can be integrated with the following applications:
- QuickBooks Online , NetSuite , Sage Intacct , Jira , Google Workspace , Workday HCM , Slack , Microsoft OneDrive for Business , Microsoft Teams , Dropbox , BlackLine , Dynamics 365 , Oracle Fusion Cloud ERP , jira
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FloQast offers support with the following options:
- Email , Phone , Chat , Knowledge Base , FAQs/Forum
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FloQast offers training with the following options:
- In-person , Live Online , Webinar , Documentation , Videos
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FloQast supports the following languages:
- English
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Following are the typical users of the FloQast:
- Midsize-Business , Large-Enterprise-Business
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FloQast supports the following deployment:
- Cloud Hosted
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FloQast supports the following devices and operating systems:
- Web-Based
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