FloQast
FloQast is a financial close and accounting workflow platform that helps finance teams manage reconciliations, close tasks, variance analysis, compliance, and audit documentation. It integrates with major ERP and accounting systems while supporting Excel-based workflows. It is best suited for accounting teams and growing businesses seeking better visibility, automation, and control over financial close processes.
FloQast is an accounting workflow and financial close management platform designed to help accounting and finance teams organize, automate, and monitor their financial close processes. It connects with ERP systems and other business tools to bring financial data into accounting workflows while improving visibility, collaboration, and audit readiness. FloQast is built around common accounting processes such as close management, account reconciliations, variance analysis, compliance, and financial reporting. It is particularly useful for teams that want to reduce manual work while keeping familiar tools such as Excel and existing accounting systems in their workflow.
How FloQast Works
- Data Integration: FloQast connects with ERP systems to bring financial data into accounting workflows. Supported systems include NetSuite, Sage Intacct, QuickBooks, and other major ERP platforms.
- Workbook Linking: Teams can connect existing Excel based reconciliation and close workbooks with FloQast, allowing accountants to maintain familiar workpapers while tracking workflow and approvals.
- Workflow and Automation: FloQast tracks accounting tasks, automates parts of reconciliation and transaction matching, and helps identify discrepancies or unusual changes that need attention.
- Review and Sign Off: Accounting teams can monitor who has prepared and reviewed tasks, making it easier to identify outstanding work and maintain an organized close process.
How We Rated FloQast
We rated FloQast based on its close management capabilities, accounting automation, integrations, ease of use, reconciliation features, workflow visibility, and audit support. We also considered its ability to work with established accounting tools and ERP systems. Pricing transparency was another factor because FloQast does not provide a standard public price list. Overall, FloQast stands out as a practical accounting workflow platform for teams that need stronger control and visibility over financial close processes.
Pros
- User friendly design that fits familiar accounting workflows.
- Provides real time visibility into close progress.
- Works with existing ERP and accounting systems.
- Allows teams to continue using familiar Excel based workpapers.
- Helps maintain documentation and audit trails.
- Supports automation across reconciliations, variance analysis, and other accounting processes.
Cons
- Pricing is not publicly listed and requires a customized quote.
- May be more than freelancers and very small accounting teams need.
- Larger and more complex transaction environments may require additional configuration and planning.
- Advanced features and modules can increase the overall cost.
- Accounting teams
- Controllers and accounting managers
- Finance departments
- Mid sized businesses
- Multi entity organizations
- Companies using ERP systems such as NetSuite or Sage Intacct
- Teams that want better financial close visibility
- Organizations focused on audit readiness and accounting automation
FloQast can be a good choice for accounting teams that want to improve the month end close without completely changing how their accountants work. Its ability to connect with existing ERP systems and accounting tools helps teams bring financial data into one workflow. The platform also combines close management, reconciliations, variance analysis, compliance, and newer AI powered accounting capabilities. This makes it useful for organizations looking to reduce repetitive work while maintaining visibility and control over financial processes.
FloQast's Key Features
Manages close checklists and tracks task progress, reviews, and approvals.
Automates account reconciliations and connects balances with financial data.
Matches transactions automatically and flags items that need review.
Analyzes budget and account changes and helps create variance explanations.
Sends reminders and follow ups for incomplete accounting tasks.
Organizes audit documents, controls, evidence, and compliance work.
Connects with QuickBooks, NetSuite, Sage Intacct, Microsoft Dynamics, SAP, Xero, and Workday.
Pricing
Starting Estimate
$12000.00 /yr
Small Deployments
$60000.00 /yr
Disclaimer: for the latest and most accurate pricing, please visit the official FloQast website.
Frequently Asked Questions
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