FloQast
FloQastReviews from AWS customer
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Qaulity, simple product.
What do you like best about the product?
I work in the compliance management workspace and I like the simplicity of the product. Very straightforward and easy to use.
What do you dislike about the product?
I've experienced some bugs recently such as not being able to enter a control in the test tab. Resolution took more than 24 hours.
What problems is the product solving and how is that benefiting you?
Creates a one stop shop for all close and reconciliation activities.
Great onboarding and day to day usage
What do you like best about the product?
UI is organized and intuitive! Rollforward function is super helpful as well
What do you dislike about the product?
Nothing noted so far in my day to day usage
What problems is the product solving and how is that benefiting you?
Tracking progress of month end close and reconciliation
Floqast-Review-Gallaudet University
What do you like best about the product?
It helps with the organization and assignments in the team
What do you dislike about the product?
I wish there was a way for my team member to complete a task and it would update automatically in Floqast instead of logging in and uploading the document then complete it.
What problems is the product solving and how is that benefiting you?
Assignment to meet deadlines for all reconcliations and audits
Floqast - 10/10
What do you like best about the product?
I'm still in the implementation process but the team has been AMAZING. From the sales pitch, demos, to implementation process - it has truly been a pleasure!
What do you dislike about the product?
Still in the implementation process and so far do not have dislikes to report!
What problems is the product solving and how is that benefiting you?
FloQast is assisting in memorializing a close process and creating a check list of tasks to allow for better tracking within the team. There are also tools such as auto rec that could shave off time on redudant tasks.
Love the ease of reconciling
What do you like best about the product?
I love that FloQast is easy to use and anytime accounts get unreconciled you are notified. The customer support is very helpful.
What do you dislike about the product?
There are no downsides of using FloQast. Doing reconcilations manually in Excel is the worst.
What problems is the product solving and how is that benefiting you?
FloQast makes it easy to reconcile accounts syncing with NetSuite. It saves a lot of time by easily bringing in the balances from the accounting system.
FloQast Review
What do you like best about the product?
FloQast makes it easy to see whichi reconciliations are completed and made changes.
What do you dislike about the product?
GL are not updated automatically so we need to update them manually.
What problems is the product solving and how is that benefiting you?
All documents are saved digitally that makes it easy to find the documents I'm looking for.
Intuitive solution, speedy implementation, great value
What do you like best about the product?
We were contemplating a Blackline implementation prior to signing on to Blackline. It's simpler for our daily users, the implementation was quick, and all for a much more reasonable price tag.
What do you dislike about the product?
While the solution is great at the legal entity level, the solution lack features to accommodate large, multinational, multi-location enterprises. Modules like Flux aren't useful for our organization because it cannot handle consolidation or FX translation.
What problems is the product solving and how is that benefiting you?
FloQast increases close visibility by getting month-end close tasklists out of Excel and into a cloud-based application with access to all authorized users. Dashboards also provide users and management visibility into the close and helps break down silos and uncertainty during close. The reconciliations module serves a similar purpose, allowing users to keep their Excel reconciliations while still linking up to dashboards and lists in FloQast, providing users and management real-time visibility into the status of reconciliations.
Insightful!
What do you like best about the product?
I like the possibility of tracking and having more insights about the close. The time that is taking the team to close the period, as well as to perform certain tasks that are important, and being able to visualize what's delaying the close and how can we improve.
The customer support everytime I send an email for help is actually pretty good and the FloQast team always try to help as soon as possible.
Lastly, the implementation process was pretty good. Joseph Bryant was our consultant at that time and we was always super supportive and helped us implement in the timeline we had planned.
The customer support everytime I send an email for help is actually pretty good and the FloQast team always try to help as soon as possible.
Lastly, the implementation process was pretty good. Joseph Bryant was our consultant at that time and we was always super supportive and helped us implement in the timeline we had planned.
What do you dislike about the product?
In our company we have lots of countries and legal entities created and so we have been asking the FloQast team to be able to filter the period we want to look at from the Dashboard - Overview tab for all entities. If the team is not done with MArch, and they are also working on April but May started already, it turns messy to see all months status for all worflows.
Also, not being able to select all workflows and have the Reconciliations and Analytics tab is something we also don't like. Specially the analytics tab, as we have to download the data for every workflow and then build a report that shows the statistics for all workflows and as you can imagine, this tasks can turn a little exhausting.
Also, not being able to select all workflows and have the Reconciliations and Analytics tab is something we also don't like. Specially the analytics tab, as we have to download the data for every workflow and then build a report that shows the statistics for all workflows and as you can imagine, this tasks can turn a little exhausting.
What problems is the product solving and how is that benefiting you?
Having more visibility on the amount of tasks the team has and identifying what tasks take the most to get done and why the close is late.
Customer service is great, it's easy to navigate and very user friendly
What do you like best about the product?
Easy to use and allows us to easily track items we need to do for close. It's allowed us to create a more efficient close and the FQ team is always asking for feedback and really listens.
What do you dislike about the product?
There is nothing I dislike at the moment
What problems is the product solving and how is that benefiting you?
We are completing our monthly close process in a timely manner and it helps pinpoint variances.
Recommendations to others considering the product:
Great software to use. Helps with timely close process and helps keep track of monthly checklist items so they aren't missed or forgotten.
SaaS Controller
What do you like best about the product?
It helps me keep track of everything I need to do throughout the month-end process. We have hundreds of tasks and reconciliations and I can easily know what I need to be reviewing and I can easily see if anything is behind schedule.
What do you dislike about the product?
My only negative with Floqast is that the pricing per user is absurdly high for what it actually does. It discourages us from using it in other ways for our business because the benefits do not justify the costs.
What problems is the product solving and how is that benefiting you?
It helps us ensure that everything is being done timely for our month-end process. It also helps us identify errors through our variance analysis.
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