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Meets our needs and more
What do you like best about the product?
Ease of use for Admin and all users to make changes to the Checklists as well as the Reconciliations module.
What do you dislike about the product?
Cannot effective date the actual date a checklist item was completed. Only allows user default to today's date.
What problems is the product solving and how is that benefiting you?
Checklist does a great job of tracking all the 200+ tasks that are needed to perform our month-end close.
Recommendations to others considering the product:
FloQast is continually releasing enhancements to this product. I look forward to see all the advancements they make in the near future.
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Easy and efficient way to gain transparency into close process
What do you like best about the product?
Ease to add tasks and filter on open items
What do you dislike about the product?
Time it takes to sync from reconciliations / general ledger
What problems is the product solving and how is that benefiting you?
Able to track close progress and keep everyone accountable
Excellent Technology for Managing the Close Process
What do you like best about the product?
I love the workflow, the reminders, the approval, sign-offs, integration with Netsuite, basically everything!
What do you dislike about the product?
Looking forward to new features such as adding links and maybe procedures?
What problems is the product solving and how is that benefiting you?
Efficiency and accuracy with the close. We are much more efficient with our 3 global operations as a result of Floqast.
Recommendations to others considering the product:
This tool will improve your close management and drive a faster close with your users.
Easy tool, why didn't I think of this first!
What do you like best about the product?
One stop shop for all month end close management. Organization of all the recons and being able to track that easily, best part is when something goes out of balance you are notified .
What do you dislike about the product?
The connector with Google Team Drive and not having the ability to lock down folders like BOX has.
What problems is the product solving and how is that benefiting you?
Manage month end close and knowing where the team is at any point during month end. Trimming days off month end close.
New product-Flux analysis tool will be a nice tool when there a bit more features, as we do that in Excel now.
New product-Flux analysis tool will be a nice tool when there a bit more features, as we do that in Excel now.
Making the accountants life easy!
What do you like best about the product?
Checklist and Recons are the best features - gives real time status of close process. Plus the frequent upgrades to the tool with cool features show this is not the best yet
What do you dislike about the product?
Roll over of the checklist from one period to the other can be a bit tedious. Filtering options are a bit limited - i want to be able to filter multiple entities or multiple accounts
What problems is the product solving and how is that benefiting you?
Providing real time status of close, finding areas to shorten close
Simple and user friendly software for a Quick close.
What do you like best about the product?
As an administrator, I like how easy it is to make changes to recs, checklist and users.
What do you dislike about the product?
I wish it had an option to pull in more data, or have a drill down feature to see subsidiary and vendor information.
What problems is the product solving and how is that benefiting you?
Organized and efficient close process. Having a real-time watch on the status keeps the process moving smoothly.
Floqast Review
What do you like best about the product?
Floqast not only comes with amazing features for accounting, but exceptional service. We are treated like family and our questions always have immediate responses. More importantly, our auditors love this as well and makes our reviews a lot easier. Super user friendly and reliable.
What do you dislike about the product?
Refreshing credentials, would like to see some more reports, only pulling in current month activity than balance.
What problems is the product solving and how is that benefiting you?
Audits, monthly,/quarterly closes. Helps our team with the work they are responsible for as well as review. Communication is best using floqast.
Love FloQast
What do you like best about the product?
They are very responsive and take any and all feedback into consideration and most of the time will implement those changes.
What do you dislike about the product?
Would like a source column in the checklist to show what third parties are possibly holding up certain close items.
What problems is the product solving and how is that benefiting you?
Ensure we are completing recs for all BS accounts, much easier to track where we state in the close process at a given time. The matching tools has saved us many hours of work.
Recommendations to others considering the product:
FloQast has the best customer service hands down. They are constantly making improvements, listening to feedback and adding new features.
FloQast has improved our month end close immensely
What do you like best about the product?
Easy to track the progress of our close and keep everyone on task
What do you dislike about the product?
Can be a little manual to update for new accounts
What problems is the product solving and how is that benefiting you?
Close is much more organized. Can schedule out everyone's time. Keeps people organized and drastically reduces errors.
Amazing software for closing the books with confidence!
What do you like best about the product?
I love how much more organized our accounting documentation is, as well as how much more visibility we have into our month-end close process. I know that our trial balance will always tie out to reviewed reconciliation schedules, which in turn allows me to hand over the financials with confidence. Also, the implementation process was a breeze and only required a couple of hours of my time (much easier than I thought it would be).
What do you dislike about the product?
Having to manually upload the trial balance as of right now, but I've been promised that this is something that can be automated.
What problems is the product solving and how is that benefiting you?
We previously did not have a review process, so FloQast has made this transition seamless. Instead of having to constantly open an Excel checklist to see where we were in the close, with FloQast we can easily see exactly what's pending. The biggest benefits are increased organization, efficiency, and visibility.
Recommendations to others considering the product:
Go for it, you will be happy with how user-friendly it is and how much better it will make your accounting department.
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