FloQast
FloQastReviews from AWS customer
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Very useful tool for Task management and reconciliations
What do you like best about the product?
The option to send you reminders for the tasks approaching the deadline is great. Keep your accounts reconcilied. Auto amortization option. Integration with the whole team.
What do you dislike about the product?
The auto rec feature isn't that helpful if you have larger data.
What problems is the product solving and how is that benefiting you?
keep our recs on track and the whole checklist on time among the team.
Floqast - A clear and straightforward close management tool
What do you like best about the product?
Floqast gives us a method to show our close progress at both high and detailed levels. It allows us to present our progress to management and identify any gaps in our close schedule.
I also like the ability it gives us to show our external auditors formalized sign off process.
The Floqast internal support team is very quick to respond to tickets. I'm not sure I've ever had such rapid responses.
I also like the ability it gives us to show our external auditors formalized sign off process.
The Floqast internal support team is very quick to respond to tickets. I'm not sure I've ever had such rapid responses.
What do you dislike about the product?
Honestly, there is nothing I dislike about Floqast. It's easy to use and functions as requested.
What problems is the product solving and how is that benefiting you?
Floqast provides our company with a systematic sign off process for close processes and account reconciliations. Prior to Floqast implementation we maintained an Excel workbook for close process signoffs and account reconciliation was performed in individual Excel reconciliations.
Floqast also provides us with accountability as process owners are required to certify completion of tasks.
Floqast provides us with a central repository for important financial documents allowing corporate users and management easy access for review.
Floqast also provides us with accountability as process owners are required to certify completion of tasks.
Floqast provides us with a central repository for important financial documents allowing corporate users and management easy access for review.
FloQast - the extra admin I needed
What do you like best about the product?
My favorite features in FloQast for the reconciliaitons are that I can run a completeness check to ensure all accounts are being included as well as the notification I receive if a reconcilation goes out of balance due to a change in the account balance. The checklists keep my team on track and helped us to achieve a much more timely and consistent close. We use the tool each and every month. It is so easy to use and was seemless to integrate as well. Any questions were answered promptly by customer service, who has gone above and beyond to help us.
What do you dislike about the product?
I know it is in the works for the near future, but the analytics could be more robust if it would allow comparision of more periods.
What problems is the product solving and how is that benefiting you?
FloQast solved our problem of not meeting our closing deadlines and truly reconciling all of our balance sheet accounts.
I love FQ!
What do you like best about the product?
Very user friendly, all reconciliations for all entities in one place is very helpful
What do you dislike about the product?
I don't dislike anything. Sometimes there are glitches and aren't pulling from correct cells in reconciliations, but support teams always help us remediate issues very quickly
What problems is the product solving and how is that benefiting you?
Seeing everyone's reconciliations and financial support in one place. Helps me pull it faster for external parties and doesn't require me to constantly be reaching out to owners of recs and checklist items.
Great seamless experience to store all reconciliations in one place!
What do you like best about the product?
The ability to see everything in one place, with recurring tasks set to remind processes, and the link to NetSuite.
What do you dislike about the product?
Minor technical issues related to using Google Sheets vs Excel.
What problems is the product solving and how is that benefiting you?
Efficient process management.
Easy Streamlined Work Management
What do you like best about the product?
Seeing each daily/weekly/monthly task on a timeline that can easily show shortfalls, inefficiencies, or simply inaccurate planning.
What do you dislike about the product?
UI could be better. Perhaps a more condensed look.
What problems is the product solving and how is that benefiting you?
Easily synched subledger support to FloQast and easy sync of our GL from our ERP
New Adopter to FloQast
What do you like best about the product?
I like having a checklist that is easily altered and refined. I also like being alerted when a reconciliaiton falls out of balance. The system also gives me greater visibility to what still needs to be done each month. Our implemtation manager has been outstanding with the support he has provided.
What do you dislike about the product?
Some of the modules are not as induitive as I would like. There has been a bit of a learning curve, but once you understand the process it gets much easier.
What problems is the product solving and how is that benefiting you?
It is helping me identify variances that I will need to explain, and has made our closing process faster.
Senior Revenue Accountant
What do you like best about the product?
Easy to use and read. Good to track the progress.
What do you dislike about the product?
It layout seem not to easy to navigate between each tasks.
What problems is the product solving and how is that benefiting you?
Tracking progress of the month end tasks.
It helps significantly reduce close time and simplifies the task checklist.
What do you like best about the product?
The filters in Checklist and Reconciliations make it very easy to find my specific tasks and check them off. It's easy to see close progress at any point in time without needing to ask the accounting team for a status update.
What do you dislike about the product?
FloQast is one more system to log into and update regularly. It takes several months to fine tune the due dates.
What problems is the product solving and how is that benefiting you?
It's easy to see when an entry is made after an account is reconciled which helps me update the reconciliation quickly. Managers can see my close status without having to wait for an update from me. Bottlenecks are also easier to find so we can focus on improving those.
It is super user friendly, the only thing i do not like that it does not accept huge files.
What do you like best about the product?
The platform is incredibly user-friendly and self-explanatory. The transition process was swift and seamless, with no noticeable lag time. The integration of our files into FloQast went smoothly. Additionally, the visual deadline implementation is highly beneficial, making it easy to stay on top of assignments and avoid missing any deadlines.
What do you dislike about the product?
While the website generally functions smoothly, it does experience occasional lagging, which can be frustrating. Additionally, it's worth noting that the platform does not accept large files, which can pose challenges.
What problems is the product solving and how is that benefiting you?
I appreciate being able to view actual deadlines and comments in real-time, which enhances collaboration and keeps everyone informed.
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