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Floqast review
What do you like best about the product?
Able to complete my work on time under Check List and Reconciliations tab
What do you dislike about the product?
Nothing I dislike about Floqast. It's been very helpful with my work.
What problems is the product solving and how is that benefiting you?
Timing of completing my work and keeps me on my feet of when items are due.
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User-Friendly Tool with Innovation at the Forefront
What do you like best about the product?
FloQast's interface is super user-friendly, and support team is always available to assist. Additionally, they've rolled out several modules and tools, such as Fixed Balance and Auto-Reconciliation, which have significantly cut down on the time required to complete our monthly account recs.
What do you dislike about the product?
FloQast has launched a flux analysis module, however it is lacking some of the features that would make it valuable for our team, such as line-by-line sign-offs and review notes.
What problems is the product solving and how is that benefiting you?
FloQast has provided better visibility into our close process, and ensured that no tasks are forgotten or missed in order to close timely and accurately. Additionally, it is helping to streamline our account reconciliation process and provide an audit trail for internal controls.
FloQast has been a great tool with helping expedite our close process effectively and efficiently!
What do you like best about the product?
I like that FloQast maintains our close process and gives us visibility in to seeing where others are within the close, and allows us to quickly view our close process documents. Without FloQast I believe that we would have no idea where everyone is in the close process, and the accountability is no longer there without. I love that it is fluid in terms of adding/removing task, reassigning, modifying due dates, and leaving comments. These are normal things that while they seem like no brainers, have been super valuable.
What do you dislike about the product?
The improvements I'd recommend for floQast, is more integrations with accounting systems, such as Microsoft Dynamics. Also while not exactly a flaw, just a couple missing features such as mass sign-offs, quick guidance as to why a folder cannot be closed, and attaching of reconciliations to their respective task. Not really much else I could ask for in regards to a financial time management tool.
What problems is the product solving and how is that benefiting you?
FloQast has cut down our close time of 11+ days down to 8-9! We are able to set a time schedule that is realistic with our expectations as a group in the organization. It allows us to see what task need to be completed and when. Also, this holds all our documents within, so there's no more searching for documents /support, when it is as easy as clicking into the task backup.
Recommendations to others considering the product:
Do it, if you don't already have a time management system that is very intuitive to learn, this is it.
Delegation & Prioritization
What do you like best about the product?
FloQast was crucial in our transition from a 30-day close to a 7-day close. As our team grew, FloQast allowed us to keep an eye on the team's performance and identify areas where we could delegate to other members of the team or prioritize to a different time of the month. Now that we've been on our 7-day close for several months, we're utilizing FloQast to keep track of all of our responsibilities and it will help us stay on track while a member of the team is out for several months. In addition, it has helped me be able to successfully manage remotely while our teams are working from home due to COVID-19.
What do you dislike about the product?
There is a new integration with Slack, but I'd love to see an integration with Microsoft Teams. Would be a huge help!
What problems is the product solving and how is that benefiting you?
As mentioned above, we've been able to successfully transition from a 30-day close to a 7-day close. We're gaining efficiencies with our month-end tasks, which allows us to help problem solve in other areas of the company.
I have had a very good experience working on FloQast.
What do you like best about the product?
I like the way everything is set up in FloQast - Checklists, Reconciliations.
What do you dislike about the product?
I don't see any disadvantages or downsides because FloQast has been very helpful to me, and keep me on top of everything.
What problems is the product solving and how is that benefiting you?
I see that FloQast has helped me in reconciling accounts, working on my work checklist.
Recommendations to others considering the product:
I would recommend using FloQast as a tool which keeps you on top of your day-to-day work.
Excellent Program - used it for 6 years at 4 companies.
What do you like best about the product?
Ease of use and implementation. Very quick to setup and you get quick improvements very soon after implementation.
What do you dislike about the product?
Not as robust as other platforms when it comes to automation of the close, but that's in the pipeline.
What problems is the product solving and how is that benefiting you?
We are understanding dependencies and where to book accruals when we encounter delays in the close.
Recommendations to others considering the product:
Excellent for getting your close process streamlined.
I love FQ
What do you like best about the product?
I like the organizational structure - it makes my job cleared and due dates defined !!!!
What do you dislike about the product?
Sometimes the emails about past due items are annoying... but that might be personal. Also sometimes FQ tells me items are out of rec and takes the sign off but the issue has already been resolved. it should stay signed off
What problems is the product solving and how is that benefiting you?
No major problems - benefits are plenty! It keeps my tasks organized and with deadlines so I can prioritize. I also like being able to assign notes to people when I have questions as it leaves a "paper" trail
Recommendations to others considering the product:
Try FQ and you will love it!
FloQast makes it simple to keep your close on track.
What do you like best about the product?
QBO sync to refresh trial balance, instead of having to upload TB everytime
What do you dislike about the product?
some of the new uppdates i don't think were neccessary, but probably will just take time to get use to
What problems is the product solving and how is that benefiting you?
keeps organization and accuracy in check
Recommendations to others considering the product:
for seamless close, use FQ
Floqast has been very helpful with keeping track of tasks.
What do you like best about the product?
The ability to check off all my to-do items, and getting notified when a reconciliation is off.
What do you dislike about the product?
There is not anything that I dislike, I find floqast very helpful.
What problems is the product solving and how is that benefiting you?
Floqast has solved any problems that I had with keeping track of multiple clients.
Floqast for Snapsheet
What do you like best about the product?
The task monitoring with preparation and review. This tool is very intuitive and useful tracking each of Snapsheets monthly close functions.
What do you dislike about the product?
Occasional delays in sycing balances, reconciliatin workbooks taking long to load
What problems is the product solving and how is that benefiting you?
Managing our monthly close process. We have been able to implement and document our monthly close duties from who prepares, who reviews, and timelines for each task. Keeping on eye on compliance tasks
Recommendations to others considering the product:
If you need a solutions to organizing the month close process, i would recommend FloQast.
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