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FloQast

FloQast

Reviews from AWS customer

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External reviews

1,264 reviews
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External reviews are not included in the AWS star rating for the product.


    Gina I.

Accountability and ownership through organization.

  • July 02, 2019
  • Review provided by G2

What do you like best about the product?
Floqast is very user friendly and transparent to all users. It's a cost effective solution that allows all users and members of the team to understand our closing process progress in real time. It holds the team accountable; we can see what tasks are late and how often they are late through their analytics tool. It also alerts us to when accounts that were previously reconciled go out of balance so we know when to go in and update those reconciliations automatically. It also has a complete audit trail on all activities.
What do you dislike about the product?
There are no downsides - just needs continuous improvements! Each new feature they roll out is very useful and gets used immediately. They are working to make changes to the assignment of tasks easier, which I am looking forward to.
What problems is the product solving and how is that benefiting you?
Having a central checklist that is tied to my general ledger so I can see the tasks coupled with the account reconciliations is a huge benefit. We have had a lot of turnover and this ensures anyone can pick up the closing process and feel they are getting a complete picture of how to execute.


    Computer & Network Security

Great tool, easy to use!

  • July 02, 2019
  • Review provided by G2

What do you like best about the product?
The checklist and recon functions. We use it every month to monitor the ME close process and it's very visual and user friendly. I can leave comments in the comment boxes and @ a user, this helps tremendously with the workflow.
What do you dislike about the product?
How to filter for user. It's not very visual. If we can have it pre-set for user and show the tasks of the day in a summary level, that will be more helpful. I believe the email reminder does the work, but it will be great to see up front in the program as well.
Also, cannot attach large documents in recon, please advise the best solution as sometimes large docs are needed.
What problems is the product solving and how is that benefiting you?
workflow control. Easy to work with team members.


    Financial Services

Senior Accountant

  • July 02, 2019
  • Review provided by G2

What do you like best about the product?
Task reminders, organization, ease of accessing support documentation. Also, the dashboards are very useful in showing task progress personally and at team level.
What do you dislike about the product?
Nothing, everything seems to be working as expected
What problems is the product solving and how is that benefiting you?
I have improved my time management and organizational patterns.
Recommendations to others considering the product:
It's a great management tool that offers easy communication and document access among users.


    Medical Devices

great app!

  • July 02, 2019
  • Review provided by G2

What do you like best about the product?
like the checklist best - helps to keep on track for closings
What do you dislike about the product?
would like to see my team's items in the portal instead of downloading into excel and then sorting
What problems is the product solving and how is that benefiting you?
keeps close on track - shows what is left open
Recommendations to others considering the product:
build out the metrics


    Education Management

FloQast

  • June 28, 2019
  • Review provided by G2

What do you like best about the product?
I love having visibility over the whole close process on a minute by minute basis.
What do you dislike about the product?
Sometimes checking things off seems to take additional time.
What problems is the product solving and how is that benefiting you?
We have multiple entities and it was difficult to have an overall view of the status at any one point in time. FloQast has given me the tools to be able see exactly where we are at all times. The system ties out to our trial balance so if anything becomes out of balance through the close process I know immediately.


    Banking

Taking the STRESS out of Close

  • June 28, 2019
  • Review provided by G2

What do you like best about the product?
Floqast is easy to setup and just as easy to manage. In a matter of seconds you can find out the status of month end close, and have confidence that you are not missing anything.
What do you dislike about the product?
Since implementation, they have released some additional products that do not come with the standard product. All though these products appear very useful, the cost could easily exceed the value.
What problems is the product solving and how is that benefiting you?
Before FloQast accounts were sometimes missed, and journal entries skipped that led to audit findings, and unreliable financials. With FloQast, we have been able to ensure close is completed fully and accurately every time!


    Gaurav D.

Simplify & Speed Up Your Close Process w/ FloQast

  • June 26, 2019
  • Review provided by G2

What do you like best about the product?
The user interface makes it easy to see what items are assigned to you and when they need to be completed by.
What do you dislike about the product?
The administrative and reporting functions are a bit more limited than ideal, but the FloQast support team is always rolling out updates and is more than happy to take feedback from customers.
What problems is the product solving and how is that benefiting you?
FloQast has eliminated our daily close check-in meetings which took up 30 minutes from the entire accounting team.
Recommendations to others considering the product:
It will absolutely improve your close process. If you are skeptical, schedule a demonstration with a FloQast representative or ask for a reference call with current user.


    Pamella R.

FloQast has been a time saver!

  • June 26, 2019
  • Review provided by G2

What do you like best about the product?
I love that the program notifies you when trial balances change, because management has a tendency to post journal entries after everything has been checked off in FloQast and forget to notify us of changes.
What do you dislike about the product?
There is nothing I have found that I don't like at this point.
What problems is the product solving and how is that benefiting you?
Efficiency has been a major benefit and the checklist are very helpful for month end close.
Recommendations to others considering the product:
Do it! You won't regret it! Best thing this organization has done in a long time!


    Aric P.

FloQast is Awesome

  • June 25, 2019
  • Review provided by G2

What do you like best about the product?
Being able to reconcile all our GL accounts on a monthly basis.
What do you dislike about the product?
FluxAnalysis only has a 5 department limit when my company has 12.
What problems is the product solving and how is that benefiting you?
Transparency into monthly close progress. With FloQast, our month end process has shortened substantially.
Recommendations to others considering the product:
Do it!


    Rebecca M.

The best decision ever.

  • June 25, 2019
  • Review provided by G2

What do you like best about the product?
I love how user friendly the software is. Everything for your closing is maintained in one place, providing you with a quick status update across the board. And the implementation was remarkable. Just as they said it would be.
What do you dislike about the product?
The only improvement I would like to see is to have the ability to "replace" a user through all of the modules at once instead of having to go task by task.
What problems is the product solving and how is that benefiting you?
FloQast has provided us with the final push to maximize efficiencies in our closing process. Our closings are much more consistent, up to and including the finalization of account reconciliations. I love being able to monitor progress in one application
Recommendations to others considering the product:
DO IT!
Making the choice to utilize FloQast has easily been one of the best decisions I have ever made. I have gone through many implementations, and never have I experienced anything as pleasant and efficient as FloQast. And the Customer Service is always remarkable, responding to your request immediately. I've never been disappointed.