FloQast
FloQastReviews from AWS customer
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FloQast is very user friendly and is always willing to listen to our opinions.
What do you like best about the product?
Account managers are supportive and always listen to our feedback. Not only do they listen to our feedback, but they also use it to implement new changes to Floqast.
What do you dislike about the product?
Overall, I like the product. There are some manual changes/updates that I need to make, which makes it a bit time-consuming. For example, If I have a checklist item for all entities, I have to add it one at a time.
What problems is the product solving and how is that benefiting you?
We are currently working on closing our books faster, and FloQast has helped with that tremendously. We are also working to make sure all checklist items are added, so nothing is missed during the close process.
Easy to implement, easy to learn
What do you like best about the product?
Easy tool to create accountability across a team and easily track close processes without needing to ping team members. Intuitive user interface. Great for companies who have multiple subsidiaries and need to track multiple close checklist.
What do you dislike about the product?
Floqast easily links into Netsuite, but users of other ERP systems may hve more difficulty with real time updates. Really would like to see Flux anaysis available YoY instead of just MoM.
What problems is the product solving and how is that benefiting you?
Timeliness and visibility of the close process. Checklist and reconciliation controls improvement.
Keeps everything in order
What do you like best about the product?
The checklist functionality is super helpful to keep track of my priorities daily as well as keep me informed of other team members' status if I'm reliant on their work.
The review (and review note) functionality is also great.
The review (and review note) functionality is also great.
What do you dislike about the product?
Not FloQast fault, but due to functionality/use of our ERP system, we cannot run FX revaluations on balance sheet accounts until the books are closed. Therefore we have to re-do any BS reconciliations with FX transactions.
What problems is the product solving and how is that benefiting you?
FloQast ensures that we appropriately capture the reporting for any late adjustments, that might have previously gone unnoticed.
Allows us to spread workload within the team.
Allows us to spread workload within the team.
Recommendations to others considering the product:
It's a great tool that manages our month-end process efficiently, capturing everything we need it to.
FloQast: good acctg close tool w room for improvement
What do you like best about the product?
Great tool to help accounting teams efficiently track and maintain deadlines for close schedule.
What do you dislike about the product?
Room for improvement in areas such as supporting hyperlinks. Space currently you can add high-level close tasks and missing ability to support hyperlinks to optimize efficiency of close.
What problems is the product solving and how is that benefiting you?
Accounting close tracking and systematic sign-off.
Recommendations to others considering the product:
Great for moving acctg close to the cloud
Accounting Manager
What do you like best about the product?
easy to navigate, all in one place, interface is nice
What do you dislike about the product?
not much. Maybe some easier ways to navigate the Flux Analysis
What problems is the product solving and how is that benefiting you?
checklists, recs, flux
Recommendations to others considering the product:
N/A
FloQast
What do you like best about the product?
I like the check-off list feature. Helps our team stay organized and up to date.
What do you dislike about the product?
I don't like how long it takes for the FloQast Flux Analysis to refresh.
What problems is the product solving and how is that benefiting you?
Staying organized, helping the team stay up to date on deadlines.
Recommendations to others considering the product:
Helpful tool!
FloQast is very good Application for Reconciliation & closing checklist. Flux Analysis is also good.
What do you like best about the product?
It's integrated to Accounting software. it's real-time Reconciliation of Accounts is very impressive. it helps me for tracking my GL Balance.
What do you dislike about the product?
sometime FlowQast takes time to load. Need improvement.
What problems is the product solving and how is that benefiting you?
I am using FloQast for Month end Checklist, Reconciliation of Accounts & Flux Analysis. It really helps me to do my work effectively & efficiently.
Simple but so powerful tool
What do you like best about the product?
The Reconciliation and Checklist functions
What do you dislike about the product?
Nothing really, the product is excellent!
What problems is the product solving and how is that benefiting you?
Month close process
Easy to Use, Responsive Support Desk, Organized
What do you like best about the product?
FloQast is very easy to navigate and is user-friendly. It is simple, minimal, modern, and allows our team to stay organized for our month-end close processes. Whenever I have had a question and reached out to the Support Desk I have been assisted within 24 hours. Additionally, the Help tools are simple and I can usually find answers to my questions myself.
What do you dislike about the product?
I have not come across any major downside to using FloQast. I have not experienced system issues or glitches, and everything runs smoothly.
What problems is the product solving and how is that benefiting you?
We have a large Accounting and Finance team with many different "checklist" and "compliance" type tasks that need to be done. FloQast prevents us from missing deadlines and allows us to stay organized. In addition our year-end audit runs smoothly as the auditors have the ability to access and view our balance sheet reconciliations themselves.
Really helped us streamline our close process
What do you like best about the product?
I love how it lets you use your own reconciliation format but still can map the balance to compare to what is recorded in NetSuite. I also really love the review notes feature so that my team can keep track of issues that need to be resolved.
What do you dislike about the product?
The one issue I have had is the duplicative approval required from NetSuite requiring a JE to be approved and FloQast not being able to show it as reconciled until the entry is approved in NetSuite. This results in some duplicative work to wait for the JE to be approved in NetSuite before you can to sign-off in FloQast.
What problems is the product solving and how is that benefiting you?
Lowered our days to close, figured out areas for improvement with our reconciliations, been able to track tasks and timing of close tasks much more closely. It also has strengthened our close controls.
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